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Government colony redevelopment may soon become a reality

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Looks like the redevelopment of government colony in Bandra East will soon become a reality as the state government has revived the proposal for redevelopment of these old buildings.

Chief Minister Devendra Fadnavis said, “The estimated earning from this redevelopment project could be around Rs 25,000 crore to Rs 50,000 crore, which is spread over 93 acres.” A presentation was made by Larsen & Toubro to the government which estimated the costs and the work that would be done in the redevelopment of the colony.

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