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BMC to Frame Policy for Redevelopment of Stalled Municipal Markets

BMC to Frame Policy for Redevelopment of Stalled Municipal Markets
Mumbai: BMC To Hold Special Meeting On Redevelopment Policy For City’s Stalled Municipal Markets · freepressjournal.in

Big cities have old markets where people buy food and other things.

Some of these markets in Mumbai are very old and need fixing.

One of them is called Savarkar Market, and it is 46 years old.

The people in charge of the city, called the BMC, decided the market needs big repairs.

The repairs will cost about Rs 2.46 crore, which is a lot of money.

Some leaders said the market needs fixing now instead of waiting.

The leaders are also planning a special meeting about redeveloping the old markets.

At the meeting, they will decide how to make the markets better and earn money for the city.

They want the markets to have things like car parking and cold storage to keep food fresh.

The goal is to make sure traders and shoppers have good places to buy and sell things.

Key facts

Civic body
Brihanmumbai Municipal Corporation (BMC)
Market
Savarkar Market, Dadar, Mumbai
Market age
46 years
Structural audit classification
C-2B
Approved repair estimate
Rs 2.46 crore
Stalled redevelopment proposals
Nearly 20 municipal markets
Date
August 7, 2026

Quotes

Prabhakar Shinde

Chairman of the BMC Standing Committee

“Today, the condition of most municipal markets is poor and immediate repairs are necessary. However, a long‑term approach is needed to develop reserved market plots.”
freepressjournal.in

Sources

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