Tata bags ₹11,744-cr BDD's Worli housing project

The consortium of TATA Projects, Capicite Infraprojects and CITIC Group has recently been awarded ₹11,744-crore project by the Maharashtra government and Maharashtra Housing & Area Development Authority pertaining to the existing BDD (Bombay Development Department) Residential and Commercial Societies. The project, which is one of the oldest British-era developments in Mumbai is located in Worli and involves redevelopment of 26 million square feet of area in a phased manner. More than 10,000 families associated with this redevelopment will benefit by moving into a new home with access to improved quality of life and the region will witness large-scale change in the societal improvement of the neighborhood, Managing Director, TATA Projects Ltd, Vinayak Deshpande, said, adding that this is one of the largest single value infrastructure projects in the country. Execution of this skyline changing, socially beneficial projects, shall help Mumbai become a world-class city. This win is also a testimony to TATA Projects focus on developing high-quality social infrastructure, while maintaining high standards of safety as this is a massive commercial and residential urban renewal project commanding national importance towards societal improvement.