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Adani Properties bags Rs 5,069 crore Dharavi redevelopment project

DLF and Shree Naman Developers were the other two bidders

Dharavi
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BS Web Team New Delhi
Gautam Adani-led Adani Properties on Tuesday won the bid for the renovation of Dharavi, the second-largest slum colony in Asia, reported Moneycontrol

The Maharashtra government authorities, on November 29, opened the financial bids for the Dharavi redevelopment project which is being touted as one of the largest redevelopment projects in India.

Adani Properties, the highest bidder, reportedly offered Rs 5,069 crore as its investment in the project.

The project’s bidding criteria was kept on the basis of the highest investment amount quoted, over the stipulated Rs 1,600 crore.

DLF and Shree Naman Developers were the other two bidders competing. 

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First Published: Nov 29 2022 | 5:39 PM IST

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