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.