Page 4 - Dharavi

Opposition parties stage protest against Adani's Dharavi overhaul plan

Adani and the state government have denied any wrongdoing and say contracts have been awarded as per laws and policies

Dharavi redevelopment project tender prepared during Uddhav govt: Shelar

Adani Properties Ltd officially became the primary developer for the Dharavi redevelopment project in July after receiving a government resolution from the state housing department

Dharavi revamp project: Maha Oppn attacks Shinde govt, alleges favouritism

Members of opposition parties in Maharashtra on Wednesday attacked the Eknath Shinde-led state government over the Dharavi redevelopment issue, accusing it of favouring the Adani Group but leaving the residents of the slum colony in the lurch. Mumbai Congress chief Varsha Gaikwad, who represents the Dharavi assembly constituency, Leader of Opposition in the legislative council Ambadas Danve from the Shiv Sena (UBT), and other legislators from the opposition parties raised slogans over the issue on the steps of the Vidhan Bhavan, the state legislature complex here. 'Dharavi vachva, laghu udyog vachva' (Save Dharavi, save small-scale industries) was one of the slogans raised by them. Dharavi, located in central parts of the country's financial capital, is a hub for several small-scale, unorganised industries that manufacture medicines, leather, footwear, clothes among other things. It is known as one of Asia's biggest slum clusters. After emerging as the highest bidder for the ...

Favouritism allegations are an attempt to delay Dharavi project: DRP

Adani Group-helmed Dharavi Redevelopment Project (DRP) on Saturday refuted allegations of favouritism in the issue. In a statement, DRP, which also has the Maharashtra government as a stakeholder, said "vested interests" are attempting to derail or delay the project with a revenue potential of Rs 20,000 crore. The Opposition Congress had on Friday alleged that the BJP government is 'benefitting' Adani Group by relaxing norms for the Dharavi redevelopment project in Mumbai. Its general secretary Jairam Ramesh levelled an allegation that the Maharashtra Urban Development Department, which had originally expressed its reservations about relaxing the rules, "has been compelled to issue a notification that removes the provision of indexation in Dharavi's real estate Transferable Development Rights (TDR), and made it mandatory for all Mumbai builders to buy the first 40 per cent of their TDRs from Adani". The DRP statement termed the attempts to "manufacture a controversy" around TDR ...

BJP govt 'benefitting' Adani with another 'revdi': Cong on Dharavi project

The Congress on Friday accused the BJP government of benefitting the Adani Group by relaxing norms for the Dharavi redevelopment project in Mumbai. Congress general secretary Jairam Ramesh alleged that as per reports the Maharashtra Urban Development Department which had originally expressed its reservations about relaxing the rules "has been compelled to issue a notification that removes the provision of indexation in Dharavi's real estate Transferable Development Rights (TDR) and made it mandatory for all Mumbai builders to buy the first 40 percent of their TDRs from Adani." "This has the effect of greatly increasing the value of TDRs accruing to Adani and Adani alone from the Dharavi project," he alleged. There was no immediate response from the Adani Group. In a statement, the Congress leader said the party had in its "Hum Adani ke Hain Kaun (HAHK) series" raised questions on the matter on February 27 and April 23 this year. "We asked the prime minister questions about how

Adani Group to begin Dharavi redevelopment with Rs 12,500 cr investment

A special purpose vehicle (SPV), jointly owned by the Adani Group (80%) and the Maharashtra government (20%), has been established for this purpose

Adani forms joint venture to redevelop one of Asia's biggest slums Dharavi

Adani group won the Dharavi rebuilding project in July by bidding $610 million for the project

New tender process for Dharavi redevelopment transparent: Maha govt to HC

The new tender issued in 2022 for the Dharavi slum redevelopment project in Mumbai was transparent and no undue favour was shown to the highest bidder Adani Group, the Maharashtra government has submitted to the Bombay High Court. The government earlier this month submitted its affidavit in response to a petition filed by the UAE-based company Seclink Technologies Corporation, challenging the government's decision awarding the project to Adani Properties Private Ltd. "The petitioner has made unfounded and reckless allegations such as actions of respondents being politically motivated without any basis or material as indeed none exists. For making such reckless allegations alone, the writ petition deserves to be dismissed with costs," the affidavit said. A division bench of Chief Justice D K Upadhyaya and Justice Arif Doctor will hear the plea on Thursday. The affidavit filed by the deputy secretary of the state housing department said the petitioner company has made "false and ...

Adani's Dharavi redevelopment plan spurs doubts and favouritism claims

Adani is at the helm of plans to redevelop Dharavi after the Maharashtra state government in July approved his $614 million contract bid to overhaul the slum

Dharavi residents demand Maharashtra govt handle redevelopment project

A section of residents of Dharavi in Mumbai on Wednesday demanded the slum sprawl redevelopment project be handled by the Maharashtra government. An agitation was held at a ground which was joined by local activists and Aam Aadmi Party. "Dharavi is the biggest land scam. We want a fresh survey on the eligibility criterion. We demand that all structures to date be considered eligible and residents be given 405 sq feet of houses in Dharavi itself. A survey conducted in 2008 identified 59,000 structures but this number has crossed one lakh now," Aam Aadmi Party activist Sandip Katake claimed. Organisers of the protest claimed to have secured prior permission from Mumbai Police for the gathering. Some of the protesters displayed placards opposing the Adani Group. Katake also demanded that SEZ be set up as Dharavi is a city within the city and is the hub for various small-scale industries and 80% of its population is dependent on local businesses. One of the protesters, Paul Rafale sa

Dharavi revamp plan set for legal battle; HC to hear petition on Monday

Bombay HC to hear petition filed by Seclink on Monday

Dharavi redevelopment: Residents welcome move, but have no clue about plan

Many are also concerned about their livelihood after relocation

Dharavi redevelopment may dampen real estate prices in Mumbai

Niranjan Hiranandani, managing director of Hiranandani Group, says the rehabilitation needs to be accomplished in a timely manner

Dharavi dreams, and a few nightmares: Businesses worried about viability

Even as many are in a wait-and-watch mode, they have questions about labour availability, access to markets and inputs, and higher costs taking a toll on their business

What is the Dharavi redevelopment project? Here is all you need to know

Eighteen years have gone since the plan to redevelop Dharavi, one of the largest slums in the world, was first proposed. Here we find out its history and what lies ahead for the project

Gautam Adani to convert Mumbai slum into modern city despite challenges

It is the latest mega-project taken on by ports-to-energy conglomerate Adani Group, which already supplies electricity in Mumbai through listed unit Adani Transmission

Adani's Dharavi dream: Producing millionaires minus slumdog prefix

Adani in his note also linked the bid prices to the huge personal connect it offered

Dharavi project gift from Maharashtra govt to Modi's crony Adani: Congress

The Congress on Saturday attacked Prime Minister Narendra Modi over the Maharashtra government formally awarding the Dharavi Redevelopment project to an Adani Group firm, alleging that BJP state governments have been reduced to "ATM machines for his cronies." A resolution released on Thursday by the Housing Development department of the Maharashtra government said the state cabinet had approved the outcome of the bidding process on December 22, 2022, following which the rights were awarded. Adani Properties will be the lead partner in the project for which a special purpose vehicle will be formed. Reacting to the development, Congress general secretary Jairam Ramesh said Devendra Fadnavis' last act before handing over the housing department on Friday was to formally approve the Adani Group's "shady takeover" of the Rs 5,069 crore Dharavi redevelopment project, which involves 600 acres of prime Mumbai land. The project had originally been awarded to a different bidder, he said. "Af

Adani group gets approval to redevelop the slums in Mumbai's Dharavi

Last November, Adani Properties had won the bid to redevelop the 259-hectare slum with an investment offer of Rs 5,069 cr. The project is close to BKC and has redevelopment potential of Rs 20,000 cr

Dharavi project: 8 months after Adani's winning bid, approval pending

Adani Realty was declared the highest bidder in 2022, but there has been no progress in issuing the letter of authorisation