Under the patrachawl redevelopment Mumbai boards of MHADA have decided to construct a grand, divine and spacious 32-storey commercial building on a plot of land available for sale .Under this decision, a decision has been made to construct a 100-room hotel from the 16th to the 32nd floor in the proposed building. The relevant proposal will also be sent to the state government.
It has been decided to construct a magnificent 32-storey building on this plot, which falls under the Patrachawl Redevelopment Project. The Patrachawl Redevelopment Project is a famous project for many reasons.But this project had been stalled for some time now, but the construction of this building in this area has definitely given momentum to this work.There is a provision to use this plot available under redevelopment for commercial construction. It is under this provision that the decision has been taken to construct a commercial building at number R5 in Patrachawl
32-storey building in patrachawl to be converted into 100-room hotel
This building in patrachawl will primarily house a hotel with 100 rooms.Along with this, various things like parking lot, space for retail shops, cafeteria, food stalls, wedding hall, and podium have also been considered in this.The plot, which is usually under the redevelopment of a chawl, will be used for the construction of this building. A proposal to construct a 32-storey commercial building with two wings on the R Five plot has been sent to the state government.The estimated cost is around Rs 650 crore.
MHADA proposes to the state government to construct a 32-storey commercial building
Since MAHADA will not be able to bear the cost of the building for this business to be built in patrachawl, the decision has been taken to construct this building as per the policy of Construction and Development.Senior officials also said that the proposal for this commercial building will be sent to the state government under the Mumbai board of Mahada by the end of July.This will also definitely help in taking financial leaps.
Patrachawl redevelopment gets major boost
This building has various facilities for the use of the citizens and for them, including shops, a restaurant, a gym, and a community center.Therefore, this building, which will be built commercially, will definitely be a game changer from a commercial and business perspective.This building will definitely increase economically.
The Patrachawl redevelopment project was pending for some time, but the decision to construct a commercial building on this available plot of land will give a boost to this redevelopment.In cities like Mumbai, the rent of hotels, gyms, and other facilities is beyond the reach of the common man, making these things, which are good, very expensive for the common man.In such a situation, the 100-room hotel proposed by Madha has brought some relief to ordinary Mumbaikars.
Approximately 9968 square meters of land will be available for this proposed construction, out of which space will be available for the construction of this commercial building.This building will have a total of 32 floors, of which 1 to 16 and 16 to 32 have been divided into sections, and the hotel structure will be located between 16 and 32 floors.
The cost of construction of this commercial building will be covered by the Construction and Development Agency policy and it has been decided to raise funds through private development.Also, the proposal in this regard will also be sent to the state government by the end of July. This is a decision taken by the Mumbai Board of MHADA, so this commercial building being constructed by MHADA will definitely help in strengthening it economically.