The MMRDA has started distributing rent cheques to eligible slum dwellers from Mata Ramabai Ambedkar Nagar, Kamaraj Nagar, and Nalanda Nagar in Mumbai

The initiative is part of a larger redevelopment project aimed at transforming these areas, the statement said

The rent compensation program was officially launched by Maharashtra's Chief Minister Eknath Shinde, with notable figures such as Housing Minister Atul Save, Guardian Minister for Mumbai City Deepak Kesarkar, and Guardian Minister for Mumbai Suburb Mangal Prabhat Lodha in attendance, it said

MMRDA has appointed a firm to handle the layout, building permissions, and necessary approvals for the project. Once these are secured, construction of the new rehabilitation buildings will begin, with an estimated completion time of 48 months

The rent compensation is designed to offer financial relief to residents during the redevelopment process. Slum dwellers with residential units will receive Rs 15,000 per month, while those with commercial spaces will get Rs 25,000, Rs 30,000, or Rs 35,000 depending on the location of their property, the statement said

CM Shinde highlighted that the project's importance, stating that it represents a significant milestone in Mumbai's development and is crucial for making the city slum-free