Maharashtra Cabinet Approves Mega Redevelopment of SPV Nagar in Andheri West; 4,973 Homes to Be Transformed

Mumbai: In a major boost to Mumbai’s urban renewal drive, the Maharashtra cabinet, chaired by Chief Minister Devendra Fadnavis, has cleared a large-scale redevelopment project for the Sardar Vallabhbhai Patel (SPV) Nagar colony in Andheri West. The project, to be undertaken by the Maharashtra Housing and Area Development Authority (MHADA), will transform 498 plots and nearly 4,973 residential units, providing thousands of families with modern housing and upgraded infrastructure.
 

Background of SPV Nagar

SPV Nagar, located in Versova, Andheri West, was originally allotted under the World Bank’s 1993 housing project. The colony today comprises 98 cooperative housing societies, 24 high-income group apartment plots, and over 300 individual plots. After three decades, several of these structures have deteriorated, raising safety concerns and highlighting the urgent need for redevelopment.

“The cabinet decision marks a milestone in the city’s ongoing effort to modernize aging housing stock and create resilient, sustainable living spaces,” a senior official said.

Redevelopment Plan Under DCPR 33(9)

According to MHADA’s proposal, the redevelopment will be executed under Regulation 33(9) of the Development Control and Promotion Regulations (DCPR). The cluster redevelopment model will replace old structures with larger, modern apartments, while also introducing township-style amenities.

The plan envisions a host of facilities, including:

•    Green and open spaces
•    Schools and healthcare centres
•    Playgrounds and gyms
•    Swimming pools and auditoriums
•    Commercial and office spaces

The project will also upgrade basic infrastructure, such as water supply, sewage, and electricity, while incorporating sustainable features like solar power, rainwater harvesting, waste management systems, and energy-efficient building design.
 

Financial Model

MHADA expects to receive 74,760.95 sq. m. of housing stock under Regulation 33(5). The sale of these units is projected to generate ₹1,617.71 crore, with an additional ₹479.25 crore anticipated from the sale of 5% extra built-up area, as per MHADA’s existing resolutions.

In total, the redevelopment is estimated to generate ₹2,096.96 crore for MHADA, strengthening its financial resources for future housing initiatives across Mumbai.

Governance and Oversight

To ensure transparency and smooth implementation, the government has decided to set up a High-Power Committee chaired by the Additional Chief Secretary or Principal Secretary of the Housing Department. The committee will include:

•    IAS Sanjeev Jaiswal: Vice President & CEO of MHADA
•    Additional Commissioner from BMC
•    Senior housing department officials
•    Chief Officer of Mumbai Housing and Area Development Board

The panel will oversee tender finalization, monitor project progress, address implementation challenges, and decide on corpus and sinking funds for newly formed cooperative housing societies.

Resident Rehabilitation

One of the key features of this redevelopment is the guaranteed rehabilitation of all existing residents. As per Regulation 33(9), MHADA can implement the project without requiring consent letters from residents. Families will receive new flats equivalent to their existing carpet area, along with transit rent or alternate accommodation during the construction phase.

“This decision ensures that no resident is left behind and every family will benefit from safer, better, and more spacious housing,” said an official from MHADA.

Model for Future Projects

The SPV Nagar redevelopment will be modelled on MHADA’s successful large-scale projects at Bandra Reclamation and Adarsh Nagar (Worli). Officials say the project will not only improve housing standards but also create a self-sustained township with modern amenities, integrated infrastructure, and environmentally friendly design.

Experts believe that the transformation of SPV Nagar will serve as a blueprint for other redevelopment projects across Mumbai, where thousands of old housing colonies face similar structural and safety concerns.

Conclusion
 

With the Maharashtra cabinet’s nod, SPV Nagar is set to undergo one of the most ambitious redevelopments in recent years. Once complete, the project will stand as a symbol of Mumbai’s transition from outdated housing clusters to sustainable, modern townships, ensuring improved quality of life for nearly 5,000 families.