
L&T Bags Rs 2903 Cr Redevelopment Project in Mumbai
Engineering conglomerate, Larsen & Toubro (L & T) has bagged a major design and build order worth Rs 2,903 crore to redevelop Mumbai’s century-old BDD Chawls at Worli for Maharashtra Housing and Area Development Authority (MHADA).
Larsen & Toubro deputy managing director and president S N Subrahmanyan said that the BDD Chawls are one of Mumbai’s most enduring features and by winning the mandate to rehabilitate them, they have another huge opportunity to build India’s maximum city.
The scope of work comprises of complete design and construction of twenty residential towers including 3 basement, ground plue 23 floors for rehabilitation. The project will also include construction of four high-rise towers with 3 basement, ground plue 72 floors for sale and one commercial development with 3 basement, ground plus 21 floors within a plot area of 16 acres along with MEP, finishes, onsite/offsite infrastructure, landscaping, demolition of existing structures and logistics involved in the rehabilitation of the current occupants, L&T Construction said in a statement.
The project will be constructed using aluminum formwork systems to create a sleek and elegant structure that is both aesthetically appealing as well as structurally sound, it added.
The contract is the largest residential project awarded to L&T Construction till date, said the Indian multinational, which is engaged in technology, engineering, construction, manufacturing and financial services, in a stock exchange notice. L&T Construction is a brand of L&T.
Developed by the British in the 1920s, around 207 buildings in Bombay Development Directorate (BDD) chawls are spread over 93 acres across south Mumbai’s Worli, Lower Parel, Sewri and Naigaon locality. Of theses, Worli has the highest number of buildings, at 121, while Naigaon and Lower Parel have 42 and 32 buildings, respectively.
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