Business Standard

Dharavi's human factors

Redevelopment is fraught with problems

Dharavi
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Business Standard Editorial Comment Mumbai
After a failed bid in 2019, the Adani group has managed to win the rights to redevelop Dharavi, Asia’s second-largest slum that sits uncomfortably between the city’s commercial hub and the main airport. With a quote of Rs 5,069 crore, the Ahmedabad-based group’s property subsidiary outbid realtor DLF, which bid Rs 2,025 crore. The bid covers a Rs 23,000-crore project in a dense conurbation of 2.8 square km. The project, covering 178 hectares, known as the Dharavi Notified Area, besides another 62 hectares, has two components: Rehabilitation and real estate; the latter is expected to cover the cost of the

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First Published: Dec 01 2022 | 10:16 PM IST

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