India, April 9 -- The state cabinet on Tuesday passed a proposal allowing the Maharashtra Housing and Area Development Authority (MHADA) to redevelop its buildings at Bandra Reclamation and at Adarsh Nagar, Worli.

As the design and construction agency, MHADA will be the nodal agency for redevelopment, and the societies will thus not be allowed to choose their own redevelopment path. MHADA is likely to appoint a private developer to get the redevelopment done. The entire project will get an FSI of 4, and of this, 1 FSI will be used to generate new housing stock.

The Bandra Reclamation flats are along the same road as Lilavati Hospital, and residents can get sea view homes once the buildings are redeveloped and go higher. The net plot are...