Archive · 7 Aug 2026
BMC to Frame Policy for Redevelopment of Stalled Municipal Markets
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.
The BMC Standing Committee approved repairs for Dadar's Savarkar Market and decided to hold a special meeting on redevelopment of stalled municipal markets.
The 46-year-old Savarkar Market was classified as a C-2B category structure in a structural audit, with major repairs estimated at Rs 2.46 crore.
MNS group leader Yashwant Killedar urged immediate repairs, saying redevelopment of Krantisinh Nana Patil Market is already in progress and traders have no alternative arrangement.
Standing Committee Chairman Prabhakar Shinde questioned why redevelopment proposals for nearly 20 municipal markets had stalled, depriving them of facilities like parking spaces and cold storage.
The special meeting will discuss a comprehensive strategy covering commercial utilisation, agency participation, and revenue-generation models for the BMC, possibly with consultants.
- Who
- BMC Standing Committee Chairman Prabhakar Shinde, MNS group leader Yashwant Killedar, and Leader of the House Ganesh Khankar
- What
- The BMC Standing Committee approved repairs for Savarkar Market and decided to hold a special meeting to frame a redevelopment policy for stalled municipal markets.
- When
- August 7, 2026
- Where
- Mumbai, specifically Savarkar Market in Dadar
- Why
- Ageing market infrastructure is in poor condition, and earlier redevelopment proposals for nearly 20 municipal markets have stalled, depriving markets of facilities such as parking and cold storage.
Repair First
Long-Term Redevelopment
Priority: immediate repairs vs redevelopment policy
Repair First
MNS leader Yashwant Killedar said that while redevelopment is essential, immediate repair works should be undertaken first, since redevelopment of Krantisinh Nana Patil Market is already in progress and traders have no alternative arrangement.
Long-Term Redevelopment
Chairman Prabhakar Shinde said immediate repairs are necessary but a long-term approach is needed to develop reserved market plots, including commercial utilisation, agency participation, and revenue generation for the BMC.
- 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