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Another two bite the dust

Two of the city's oldest settlements, Gaiwadi and Tarabaug, are all set to undergo redevelopment, as owners to float tenders for the plots on September 17

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Two of the city's oldest settlements, Gaiwadi and Tarabaug, are all set to undergo redevelopment, as owners to float tenders for the plots on September 17

Mumbai is all set to lose a slice of its old-school charm and traces of colonial rule, as the city's two iconic places Gaiwadi and Tarabaug are up for grabs.
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Shri Bombay Panjarpole Trust, the owner of the land, has decided to sell the plots and has called in for tenders from builders starting September 17.

Gaiwadi is spread across 14,458 sq m and Tarabaug is sprawled across 4,385 sq m located behind Saifee Hospital in Charni Road. Going by the present market rate the plots could go for nothing less than Rs 360 crore and Rs 120 crore respectively

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