Vardhman Group comes up with Slum Redevelopment Programme
The slums of Sangli, 390 km southeast off Mumbai may not look the same any longer. Vardhman Group, one of Mumbai’s oldest and leading real estate companies, has now come up with an ambitious slum redevelopment programme for as many as 3,800 units in Sangli in Maharashtra under the Jawaharlal Nehru National Urban Renewal Mission (JN NURM). Funded entirely by the Maharashtra government, the project will be managed by Stresscrete India, an infrastructure company. It may be recalled that Vardhman Group had earlier acquired stake in Stresscrete India, involved in the construction of bridges, FOB, housing for government and semi-government bodies and institutions.
“As a developer, one of the foremost challenges in such projects is space constraint in existing slums. Moreover, such dwellings are unhygienic and uninhabitable. Through this project, we are working alongside the government in providing better living facilities for the masses. The project will be developed in such a way that there is adequate space availability for each plot. We are also providing the families with clean drinking water and hygienic living environment,” Rajesh Vardhan, managing director, Vardhman Group, said.
“Since past few years, rainwater harvesting has become an important part of water conservation across India, especially Maharashtra. We have understood its importance and have provided facilities for the same in these plots. Surface drainage, electrifications and community centres will also be provided along with a compound wall for the new development,” said Vardhan.
The complex will be of simple architectural design of four floors (inclusive of ground floors) and each of the 2,720 dwelling units will be of 25 sq mt.
“We have always worked towards providing the best and here too we will make the best use of the opportunity to serve the most vulnerable section of the society in our modest way. It will be deeply satisfying to see the lives of people across the slums of Sangli and Miraj getting uplifted considerably,” Vardhan added.
There are nearly 3,798 families living in that area. The entire project area, spread across Sangli and Miraj, is divided into eight slum areas for the redevelopment project. Each of these areas varies in size, the largest area being 28,755 sq mt approximately.
The Rs 88.85 crore project is expected to be handed over to the occupants in one year.
Source : http://www.indianrealtynews.com/real-estate-india/vardhman-group-comes-up-with-slum-redevelopment-programme.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+Indian-Realty-News+%28Indian+Realty+News%29
Filed under: Builders/ Developers, Mumbai, New projects Tagged: Mumbai, Slum Redevelopment, Vardhman Group 
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