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3 Corporate Giants Battle for Mumbai's First 100-Acre Slum Redevelopment in Andheri

  • by- Zaid
  • Jun 6, 2026
Shapoorji Pallonji, Reliance and JSW have entered a three-way contest for the Juhu Gulli SRA scheme. Each has deposited Rs 175 crore just to participate. The winner will transform 28,061 homes in Andheri West.
3 Corporate Giants Battle for Mumbai's First 100-Acre Slum Redevelopment in Andheri

MUMBAI, June 6: For the first time in the history of the Slum Rehabilitation Authority (SRA), three major corporate giants are competing for a single redevelopment project. The prize? Mumbai's first cluster SRA scheme – a 100-acre land parcel in Andheri West known as the Juhu Gulli scheme.

Shapoorji Pallonji Real Estate, Reliance 4IR Realty Development Ltd, and JSW Realty & Infrastructure Pvt Ltd have all submitted their bids. Each company has deposited a hefty Rs 175 crore as earnest money just to be in the race.

Why This Project is Different

The Juhu Gulli SRA scheme stretches from Juhu Galli (C D Barfiwala Road) to the backyard of Hansraj Morarji Public School in Andheri West. The total land area is 101.36 acres, out of which 61.4 acres currently contain slum hutments.

In total, the project houses 28,061 families – including slum dwellers, residential tenants, and owners of old dilapidated buildings.

What makes this project historic is not just its size but the process. For the first time, the SRA has implemented a system of complete transparency with competitive bidding. There will be no trading of Letters of Intent (LOI) – a practice that previously kept genuine developers away.

What the Winner Will Build

The selected developer will not just build houses. The plan includes:

  • Development of open spaces and playgrounds

  • Construction of schools and health facilities

  • Basic amenities and civic infrastructure

  • Redevelopment of old dilapidated buildings along with slum areas

The cluster scheme allows redevelopment of slums along with non-slum old buildings, tenant-occupied properties, vacant land unsuitable for construction, and even some private buildings.

The Process Ahead

SRA CEO Mahindra Kalyankar explained the next steps. All three bids will first undergo technical evaluation. They will then be submitted to the state government's high-powered committee (HPC). Only after HPC approval will the financial bids be opened.

Context: Mumbai's Redevelopment Wave

The Juhu Gulli project is part of a larger transformation sweeping across Mumbai. Other mega redevelopment projects include:

  • Mata Ramabai Ambedkar Nagar in Ghatkopar: 79-82 acres being redeveloped by MMRDA

  • Motilal Nagar in Goregaon West: 143 acres being redeveloped by Adani Group with Mhada

  • Dharavi Redevelopment Project: Nearly 300 acres for core rehabilitation

What This Means for Andheri West

Andheri West is already one of Mumbai's most sought-after residential and commercial destinations. The area recorded a registered rate of approximately Rs 35,200 per square foot, with premium 4 and 5 BHK apartments commanding rents of Rs 4.5 lakh to Rs 6 lakh monthly.

The Juhu Gulli redevelopment will add significant housing stock in a micro-market where supply is severely constrained. For existing residents, the project promises a "better and dignified standard of living," according to SRA officials.

The Bottom Line

Three corporate giants. Rs 175 crore each in deposits. 28,061 families waiting for new homes.

The Juhu Gulli SRA scheme is not just another redevelopment project. It is a test case for how Mumbai will transform its congested neighborhoods into planned urban communities. The winner will be announced after the high-powered committee clears the technical bids in the coming weeks.

For real estate watchers, this is the deal to track in 2026.