Bombay High Court upholds Adani Properties’ Dharavi slum rehabilitation bid
4 days, 5 hours ago

Bombay High Court upholds Adani Properties’ Dharavi slum rehabilitation bid

Live Mint  

The Bombay High Court has upheld the Maharashtra State Housing Department’s award of the Dharavi Slum Rehabilitation Project to Adani Properties Pvt. In November 2022, Adani Properties secured the redevelopment contract with a ₹5,069 crore bid and an additional ₹2,800 crore mandatory payment to the Railway Land Development Authority, bringing the total commitment to ₹7,869 crore—surpassing Seclink’s bid. Read this | Adani to kick off Dharavi project with $1.5 billion investment Seclink, dissatisfied with the outcome, returned to the Bombay High Court in 2023 for a second legal challenge. Seclink contended that its ₹7,200 crore bid was higher and that the government’s decision to terminate the process in 2020 was biased, ultimately enabling Adani Properties to secure the project.

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History of this topic

Bombay High Court Upholds State Govt's Cancellation Of Earlier Dharavi Redevelopment Tender And Award Of Fresh Tender To Adani Properties
Trending News
4 days, 2 hours ago

Bombay High Court Upholds State Govt's Cancellation Of Earlier Dharavi Redevelopment Tender And Award Of Fresh Tender To Adani Properties

Live Law  

The Bombay High Court today, upheld the tender awarded to Adani Properties Pvt. Cancelling earlier tender The High Court opined that the reasons given by the CoS for cancelling the earlier tender process was justified. The Court also did not accept SecLink's contention that the fresh tender conditions were tailor made as two out of three bidders were found to …

HC Upholds Adani Group's Tender Award For Dharavi Slum Redevelopment, Dismisses Claims Of Perversity
Trending News
4 days, 2 hours ago

HC Upholds Adani Group's Tender Award For Dharavi Slum Redevelopment, Dismisses Claims Of Perversity

ABP News  

The Bombay High Court on Friday upheld the tender awarded to an Adani Group firm by the Maharashtra government for the Dharavi slum redevelopment project in Mumbai, ruling there was no "arbitrariness, unreasonableness or perversity" in the decision. The Adani Group had emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project in the heart of Mumbai and bagged …

Bombay HC upholds tender awarded to Adani Group to redevelop Dharavi slum sprawl
Top News
4 days, 6 hours ago

Bombay HC upholds tender awarded to Adani Group to redevelop Dharavi slum sprawl

The Hindu  

The Bombay High Court on Friday gave a green signal to the Adani Group to continue with the Dharavi Redevelopment Project in Mumbai. A Division Bench of Chief Justice Devendra Kumar Upadhyaya and Justice Amit Borkar observed that it cannot be said that the fresh tender conditions for Dharavi Redevelopment Project were “tailor-made” to suit only a particular bidder, Adani …

Bombay High Court rejects UAE firm Seclink's plea against Dharavi project tender to Adani
4 days, 13 hours ago

Bombay High Court rejects UAE firm Seclink's plea against Dharavi project tender to Adani

India Today  

The Bombay High Court on Friday dismissed the plea of UAE-based infrastructure company Seclink Technology Corporation challenging the awarding of the Rs 5,000-crore Dharavi redevelopment project to the Adani Group. A bench comprising Chief Justice DK Upadhyaya and Justice Amit Borkar upheld the Maharashtra government's decision to award the project to Adani, stating that STC’s petition lacked merit and substance. …

HC dismisses plea against state contract to Adani Group
Trending News
1 week ago

HC dismisses plea against state contract to Adani Group

Hindustan Times  

MUMBAI: The Bombay high court on Monday dismissed a petition challenging the contract awarded by the state to the Adani Group, for supply of renewable and thermal power electricity, noting that the plea was unsubstantiated and reckless. HC dismisses plea against state contract to Adani Group A division bench of chief justice D K Upadhyaya and justice Amit Borkar also …

Bombay High Court dismisses petition against power contract to Adani Group, imposes fine on the petitioner
Trending News
1 week ago

Bombay High Court dismisses petition against power contract to Adani Group, imposes fine on the petitioner

Op India  

On Monday, December 16, the Bombay High Court dismissed a petition against a power contract awarded by the Maharashtra government to Adani Group for supply of renewable and thermal power electricity. The plea also leveled allegations against former state chief minister Eknath Shinde, who is currently the deputy CM, of having been involved in corrupt practices while awarding the contract …

Court dismisses plea against Adani power contract, fines petitioner Rs 50,000
1 week, 1 day ago

Court dismisses plea against Adani power contract, fines petitioner Rs 50,000

India Today  

The Bombay High Court on Monday imposed a cost of Rs 50,000 on a petitioner challenging the contract awarded to Adani Transmission for the supply of renewable and thermal power electricity in Maharashtra. While imposing costs and dismissing the plea, the bench of Chief Justice DK Upadhyaya and Justice Amit Borkar observed that "the writ petition, in our opinion, is …

Adani Realty wins bid to redevelop 24-acre plot at Bandra Reclamation
10 months, 1 week ago

Adani Realty wins bid to redevelop 24-acre plot at Bandra Reclamation

Hindustan Times  

Adani Realty, the real estate arm of Adani Group, has beat Larsen & Toubro to emerge as the highest bidder for the redevelopment of a 24-acre plot at Bandra Reclamation, located close to the Bandra-Worli Sea Link. Mumbai, India - Feb. 16, 2024: Adani group has won the bid for 24 acre Bandra reclamation plot in Mumbai, India, on Friday, …

‘Dharavi project tender conditions finalised during MVA rule in Maharashtra’, says Adani Group
1 year ago

‘Dharavi project tender conditions finalised during MVA rule in Maharashtra’, says Adani Group

Hindustan Times  

The Adani Group on Saturday said it was awarded the Dharavi slum redevelopment project by the previous Maha Vikas Aghadi government in Maharashtra through a fair and open international bidding. The Adani Group's Dharavi Redevelopment Project Pvt Ltd issued a statement on the day former chief minister Uddhav Thackeray led a protest march from Dharavi to Adani's office in Mumbai. …

New tender process for Dharavi slum redevelopment transparent; no undue favour to Adani Group: Maharashtra government to Bombay High Court
1 year, 3 months ago

New tender process for Dharavi slum redevelopment transparent; no undue favour to Adani Group: Maharashtra government to Bombay High Court

The Hindu  

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. I say that the new tender process was conducted in an absolutely transparent manner and in fact the new tender attracted more …

Maharashtra government ‘gifted’ Dharavi project to Adani firm: Congress
1 year, 5 months ago

Maharashtra government ‘gifted’ Dharavi project to Adani firm: Congress

The Hindu  

The Congress on Saturday accused the Maharashtra government of awarding the Dharavi Redevelopment Project to an Adani Group firm as a ‘gift’. Watch | All about the Dharavi Redevelopment Project ‘Shady takeover’ Congress general secretary Jairam Ramesh criticised Deputy Chief Minister and BJP leader Devendra Fadnavis, stating that his final action before leaving the housing department was to formally approve …

Adani final go-ahead for Dharavi project held up after UD concerns
1 year, 7 months ago

Adani final go-ahead for Dharavi project held up after UD concerns

Hindustan Times  

Mumbai: Five months after the state cabinet approved Adani Realty’s bid for the Dharavi Redevelopment Project, the latter has still to take off, as the government has not issued a final Letter of Award. The urban development department has expressed reservations on the concessions in the indexation of TDR given to Adani as well as the order to city builders …

Cabinet approves Adani’s bid for Dharavi redevelopment
1 year, 11 months ago

Cabinet approves Adani’s bid for Dharavi redevelopment

Hindustan Times  

Mumbai: The Maharashtra cabinet on Friday approved the bid of the Adani group in the Dharavi Redevelopment Project. HT Image Bids for the Dharavi Redevelopment Project were opened at the end of November and the Adani group, with a bid of ₹5,069 crore, was declared the winner. When Adani’s bid came up for approval, officers and ministers discussed the issue …

Adani Group wins Dharavi redevelopment project with ₹5,069 crore bid
2 years ago

Adani Group wins Dharavi redevelopment project with ₹5,069 crore bid

The Hindu  

The Adani Group on November 29 won the bid to redevelop Dharavi, one of the largest slum clusters in the world with an initial investment of ₹5,069 crore. SVR Srinivas, chief executive officer of Dharavi Redevelopment Project and commissioner of Maharashtra Housing and Area Development Authority confirmed the same and said, “Adani Group won the bid with ₹5,069 crore, DLF …

Adani may make additions to ₹33,000 cr bid for DHFL
4 years ago

Adani may make additions to ₹33,000 cr bid for DHFL

Live Mint  

Billionaire Gautam Adani’s roads-to-mining group has indicated that it can improve on its ₹33,000 crore takeover offer for collapsed housing lender Dewan Housing Finance Corp. Ltd and has sought forfeiture of deposits of bidders seeking to vitiate auction by questioning maximum recovery of public money. In an email written to the administrator, who is running the DHFL auction under insolvency …

Adani Tops DHFL Bid, Says Its Bid Gives Maximum to Lenders; Rivals Want it Out of Race
4 years ago

Adani Tops DHFL Bid, Says Its Bid Gives Maximum to Lenders; Rivals Want it Out of Race

News 18  

Billionaire Gautam Adani’s roads-to-mining group outbid US-based Oaktree with a Rs 33,000 crore bid for collapsed housing lender, DHFL, but rival bidders want it out of the race for allegedly missing the deadline – a charge Adani Group denies saying it followed due process and the “cartel” wants to prevent value maximisation. Four entities – Adani Group, Piramal Group, US-based …

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