Rajiv Indira

  • Status: Complete
  • People Housed: 785
  • Country: India
  • City: Mumbai
  • Partner: SSNS
  • Year Approved: 2001
Total Invested
INR 30,000,000
Average Completion Cost
INR 1,146,497
Total Invested
$400,835
Average Completion Cost
$23,773
Delivery of Homes
Total Financed
Completed
Basic
157
157
Project Overview

This project involved collaboration between SPARC Samudaya Nirman Sahayak (SSNS) and the Rajiv Indira Housing Society of Dharavi to construct apartment buildings for 214 low-income households.

This housing was densified by building a medium rise block of apartments by harnessing the transferable development rights (TDR) approach. TDR is a scheme that enables developers to get valuable development rights from building slum-replacement housing, which can then be sold or used for private development. This scheme works because there are restrictions on the height that buildings can normally be built in Mumbai, but TDR enables developers to build higher. SSNS have therefore used TDR rights to densify sites, either through adding additional buildings or additional floors. Rajiv Indira has helped to prove that this model is an effective method of informal settlement upgrading, and this approach has now been adopted by other developers in the sector.

157
Homes Completed
157
Homes Occupied
157
Connected to Water and Sanitation

Client Data

Household Demographic Data
Household Size
5.00
Proportion Female
50.0
Proportion Children
20.0
Proportion Elderly
20.0
Housing Information
Description Type Number Expected Number Completed Completion Cost
(Local Currency)
n/a Basic 157 157 1146497

Project Finances

Displayed In

Investments — Reall to Affordable Housing Partners

Total Project Investments
INR 30,000,000
$ 400,835
Grants
INR 30,000,000
$ 400,835

Based on exchange rate on 31/10/2021

Funds Recouped from Third Parties
Funds Recouped from Third Parties
INR 40,730,146
$ 544,203

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Data last updated on 30/06/2022