In a first of its kind project in the construction sector on the salt pan land in the city, the Maharashtra government has recently announced the construction office-cum-residential complex entailing an investment worth Rs 2,000-cr on the 41-acre plot (16.5 hectares) at Wadala.
The site is currently known as the Suleman Shah compound and a part of which is marked as a green belt. The State Urban Development Department notified a change in the use of the land to office, residence, and a sports complex. The Central Board of Excise and Customs plans to build 2 twin towers to house 28 offices, 1,700 residential flats for officials of excise, customs and service tax, and also a sports complex for the residents’ use. This will certainly be one of the biggest constructions in recent years and will open the floodgates for construction on salt pans, director of NGO, Vanashakti, Garodia Nagar at Ghatkopar, D Stalin, said.
http://www.nbmcw.com/news/34696-bmc-launches-rs-2-000-cr-twin-tower-complex.html