MHADA Issues Stop-Work Notice To Matunga's Mahavir Compound Redevelopment Project, 95 Shop Owners Await Possession
Mumbai: The wait of around 95 shop owners to have possession of their commercial units in Mahavir Compound on Bhandarkar Road near Kabutar khana, Matunga, has got longer as the project has received stop work notice from the MHADA's Mumbai Building Repair and Reconstruction Board (MBRRB). MHADA Flags Non-Compliance Over Rehabilitation Flat And Pending Rent The stop work issued for the project on…
Mumbai has seen an additional delay for 95 shop owners awaiting possession of their commercial units in the Mahavir Compound on Bhandarkar Road near Kabutar khana, Matunga. The Mumbai Development Authority (MHADA) has issued a stop-work notice to the project after the developer failed to comply with MBRRB orders. The project, Mahavir Ville CHS, began in 2016, and while 164 units of the residential section were completed in 2023, the commercial section remains stalled.
The developer has claimed the entire project would cost around Rs 1500 crore. Some residents remain firm in their desire for either the promised flat or compensation for the reduced size, while the developer asserts the tenant could take possession of the ready flat any day.
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