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Relief Likely For South Mumbai Tenants As Centre Moves On LIC Building Redevelopment

Relief Likely For South Mumbai Tenants As Centre Moves On LIC Building Redevelopment

Union Finance Minister Nirmala Sitharaman has assured Maharashtra minister Mangalprabhat Lodha that the long-pending redevelopment of unsafe LIC buildings in South Mumbai will be resolved within three months. Lodha raised concerns over ageing, nearly 90-year-old structures housing hundreds of tenants, while reports cite delays in appointing a project management consultant as a key hurdle.

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