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Bhendi Bazaar Redevelopment Project’s Second Phase Inaugurated

Bhendi Bazaar Redevelopment Project’s Second Phase Inaugurated

BY Realty Plus
Published - Thursday, 09 Feb, 2023
Bhendi Bazaar Redevelopment Project’s Second Phase Inaugurated

Saifee Burhani Upliftment Trust (SBUT), laid the foundation stone for Sector 4, which is a part of the second phase of the Bhendi Bazaar redevelopment project. The ceremony was presided over by His Holiness, Syedna Mufaddal Saifuddin, the leader of the Dawoodi Bohra community and Devendra Fadnavis, Deputy Chief Minister of Maharashtra. Fadnavis assured his full support towards the completion of the project.

On this occasion, the Deputy Chief Minister of Maharashtra, Devendra Fadnavis in his address said, “The Bhendi Bazaar Upliftment Project is aimed at positively impacting the lives and livelihoods of people and upgrading the dilapidated infrastructures of Bhendi Bazaar. This project is providing a blueprint for the Urban Renewal projects in Maharashtra and rejuvenating congested areas of Mumbai like Dharavi.”

He further added, “We all talk about transformation, but this project has gone beyond transformation to provide quality living spaces to the people by building a smart city. Even the transit facilities are well organised and something for the government to replicate as well. I assure you the full support of our government towards the completion of the project.”

Sector 4 named ‘An-Nasr’ covers approximately 1.5 acres of the overall 16.5 acres of land undertaken for redevelopment. An-Nasr will house nearly 1,400 residential units and over 375 businesses. 74 dilapidated buildings will make way for two new towers of 53 and 54 storeys each.

An SBUT spokesperson said, “We’re grateful to Devendra Fadnavisji for being part of the foundation stone laying ceremony of sector 4 and applauding our upliftment project. This project will be important in building a smart city. With the support of the government, we hope to complete the project and bring back our tenants as soon as possible.”

The redevelopment area undertaken by this project is divided into nine sub-clusters (sectors) for better management and functionality. The second phase of the redevelopment project also includes Sector 6 Al-Ezz, the construction work for the same began in 2021.  In 2020, SBUT completed the first phase named Al-Sa’adah which improved the living standards of over 610 families and 128 businesses. The Trust also provided retail establishments within the planned constructions for roadside vendors to better their livelihoods and create an inclusive society.

As part of the redevelopment project, Bhendi Bazaar is being built future-ready with modern amenities, wider roads, sustainable practices, and splendid infrastructure with a surplus of a high street shopping experience. Under the Development Control Regulations (DCR) 33 (9) scheme, Saifee Burhani Upliftment Trust (SBUT) is committed to uplifting the lives of the people of Bhendi Bazaar.

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