Adani Group to begin Dharavi redevelopment project, say reports
1 year, 2 months ago

Adani Group to begin Dharavi redevelopment project, say reports

India TV News  

Maharashtra: The Adani Group may begin the Dharavi redevelopment project in Mumbai and is likely to invest Rs 12,500 crore, according to a report by Mint. The Adani Group, led by industrialist Gautam Adani, had emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project and bagged it with its Rs 5,069-crore bid in the 2022 tender process. The Maharashtra government told the Bombay High Court that the 2018 tender for the Dharavi redevelopment project was cancelled and a fresh tender was issued in 2022 because of several factors, including the COVID-19 pandemic and the Ukraine-Russia war that affected financial and economic affairs. However, in July, the Maharashtra government gave a go-ahead to the Adani Group to flag off the Dharavi redevelopment project.

Maharashtra Redevelopment Project Adani Dharavi Tender Dharavi Redevelopment Project  maharashtra  project  tender  dharavi  reports  redevelopment  say  issued  2018  group  begin  high  rs  adani

History of this topic

Dharavi Redevelopment Project renamed to Navbharat Mega Developers
1 week, 4 days ago

Dharavi Redevelopment Project renamed to Navbharat Mega Developers

India Today  

Dharavi Redevelopment Project Private Ltd, the Adani-backed entity responsible for transforming the slums of Dharavi in Mumbai, has officially rebranded itself as Navbharat Mega Developers Private Ltd. The rebranding is not only a fresh identity but also a strategic move to prevent confusion with the Dharavi Redevelopment Authority, the government’s planning body overseeing the project. NMDPL emphasised that the change …

Adani Grp renames Dharavi project co’s name, DRPPL becomes Navbharat Mega Developers
Trending News
1 week, 4 days ago

Adani Grp renames Dharavi project co’s name, DRPPL becomes Navbharat Mega Developers

Hindustan Times  

MUMBAI: The Adani Group has renamed Dharavi Redevelopment Project Private Limited - the special purpose vehicle for redeveloping one of Asia’s largest slums - to Navbharat Mega Developers Private Limited, a move that has attracted criticism from Dharavi Bachao Andolan, the body representing the slum residents. Adani Grp renames Dharavi project co’s name, DRPPL becomes Navbharat Mega Developers Explaining the …

Bombay High Court Upholds State Govt's Cancellation Of Earlier Dharavi Redevelopment Tender And Award Of Fresh Tender To Adani Properties
Trending News
2 weeks, 5 days 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 …

Bombay HC upholds Dharavi redevelopment tender awarded to Adani Group
2 weeks, 5 days ago

Bombay HC upholds Dharavi redevelopment tender awarded to Adani Group

Op India  

Bombay High Court on Friday upheld the Maharashtra government’s decision to award the Dharavi slum redevelopment project to Adani Properties Private Limited, dismissing a petition by UAE-based Seclink Technologies Corporation that challenged the tender process. A division bench of Chief Justice D K Upadhyaya and Justice Amit Borkar dismissed the petition filed by Seclink Technologies challenging the govt’s decision. Seclink …

HC Upholds Adani Group's Tender Award For Dharavi Slum Redevelopment, Dismisses Claims Of Perversity
Trending News
2 weeks, 5 days 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
2 weeks, 6 days 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 …

Adani Group to invest ₹7.5 lakh crore in Rajasthan, unveils ambitious green energy plans
4 weeks, 2 days ago

Adani Group to invest ₹7.5 lakh crore in Rajasthan, unveils ambitious green energy plans

Live Mint  

Rising Rajasthan Global Investment Summit: The Adani Group announced a massive ₹7.5 lakh crore investment plan in Rajasthan during the Rising Rajasthan Global Investment Summit 2024, with over half of this investment to be implemented in the next five years. “The Adani Group plans to invest over ₹7.5 lakh crore across various sectors of the state economy, with over 50 …

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors
1 month ago

Adani Group announces to invest Rs 7.5 lakh crore in Rajasthan across sectors

India TV News  

Rising Rajasthan Global Summit: The Adani Group is planning to invest Rs 7.5 lakh crore across various sectors in Rajasthan, said Karan Adani, Managing Director of Adani Ports and SEZ Ltd on Monday at the Rising Rajasthan Global Summit held on Monday at the Jaipur Exhibition and Convention Centre in Sitapura. While speaking at the Rising Rajasthan Summit, Karan Adani …

Adani Group unveils Rs 7.5 lakh crore investment plan for Rajasthan
1 month ago

Adani Group unveils Rs 7.5 lakh crore investment plan for Rajasthan

India Today  

The Adani Group announced plans to invest Rs 7.5 lakh crore in Rajasthan in a bid to boost the state's economy. The announcement was made during the Rising Rajasthan Global Investment Summit held in Jaipur, where the group outlined its vision for driving economic growth and development across various sectors. The Adani Group’s investment plan in Rajasthan includes projects across …

Dharavi redevelopment project: Survey work for 25,000 tenements completed, 60,000 dwellings numbered so far
1 month, 1 week ago

Dharavi redevelopment project: Survey work for 25,000 tenements completed, 60,000 dwellings numbered so far

Hindustan Times  

Survey work for 25,000 tenements has been completed and 60,000 dwellings have been numbered since the exercise began in March this year on the Dharavi redevelopment project, according to the statement issued by Dharavi Redevelopment Project Pvt Ltd, a joint venture between the government of Maharashtra and the Adani Group on November 28. Dharavi redevelopment: Survey work for 25,000 tenements …

Dharavi Awaits Poll Results to Define its Future
1 month, 2 weeks ago

Dharavi Awaits Poll Results to Define its Future

Deccan Chronicle  

Hyderabad: A day before the Maharashtra Assembly election results, people in Dharavi are worried about their future. Dharavi’s small houses and one-room factories are now marked with red ink, signalling impending change even as the ‘Dharavi Bachao Andolan’ has gained momentum. Within five months, the Dharavi Redevelopment Project was awarded to Gautam Adani's company, with 80 per cent of the …

Adani to buy PSP projects stake to boost construction arm
Trending News
1 month, 2 weeks ago

Adani to buy PSP projects stake to boost construction arm

Live Mint  

Billionaire Gautam Adani agreed to buy a stake in PSP Projects Ltd. as his ports-to-power conglomerate seeks to reinforce engineering and construction capabilities for infrastructure projects. Adani Infra Ltd. will buy as much as 30.07% of the Ahmedabad-based construction firm from founder Prahaladbhai S. Patel for 6.85 billion rupees, according to an exchange filing Tuesday. Adani Infra also made an …

Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion
1 month, 2 weeks ago

Adani Infra to buy 30% stake in construction firm PSP Projects for ₹6.85 billion

Live Mint  

Adani Infrastructure will acquire a 30.07 per cent stake in Gujarat-based construction firm PSP Projects for ₹6.85 billion. The Adani Infra deal values PSP Projects at ₹575 per share, which is a 15 per cent discount from its closing price on Tuesday. Additionally, Adani Infra will provide an “open offer” to purchase more stakes in PSP Projects as, according to …

Adani Group to invest $10 billion in US energy and infrastructure projects
1 month, 3 weeks ago

Adani Group to invest $10 billion in US energy and infrastructure projects

Live Mint  

Adani Group founder and chairman Gautam Adani said in a social media post on platform X on Wednesday, November 13, that the company will invest $10 billion in energy and infrastructure projects in the United States. The Adani Group Chair announced the company's aims to expand the partnership between India and the United States by leveraging its global expertise and …

Maharashtra could earn ₹5,000-10,000 crore from Dharavi rejig
3 months, 2 weeks ago

Maharashtra could earn ₹5,000-10,000 crore from Dharavi rejig

Hindustan Times  

Mumbai: The state government could earn between ₹5,000 crore and ₹10,000 crore from rents and sale of houses to Dharavi residents who are found ineligible for free housing within the slum cluster, highly placed sources told HT. According to the project plan drawn up by DRPPL, families whose tenements were constructed prior to January 1, 2000, and those living on …

Dharavikars: from home into the unknown
4 months, 2 weeks ago

Dharavikars: from home into the unknown

The Hindu  

In Dharavi’s Kumbharwada, where the lanes are as narrow as an arm span, a group of teenagers is glued to the screen of a single mobile phone, an anachronistic scene if there ever was one. Srinivas, chief executive officer and officer on special duty, Dharavi Rehabilitation Project, which comes under the Maharashtra Housing and Area Development Authority, says, “It is …

Adani Energy Solutions may launch $600 million share sale this week: Report
5 months, 1 week ago

Adani Energy Solutions may launch $600 million share sale this week: Report

Hindustan Times  

Gautam Adani-led Adani Energy Solutions is likely to launch a share sale this week to raise over $600 million, as per news agency Reuters. The Hindenburg report accused Adani Group of improper use of offshore tax havens and stock manipulation. Adani Energy Solutions plans to raise funds through a Qualified Institutional Placement, the report claimed. Since Hindenburg report in January …

Adani Group sought 540-acre land to complete Dharavi project, alleges Thackeray, demands scrapping of tender
5 months, 2 weeks ago

Adani Group sought 540-acre land to complete Dharavi project, alleges Thackeray, demands scrapping of tender

Hindustan Times  

MUMBAI: Shiv Sena has opposed giving any additional sops to the Dharavi Redevelopment Project Pvt Ltd other than those mentioned in the tender. The party has claimed that the Adani Group, which is implementing the project, has sought additional land space of 540-acre to complete the project, which is not part of the tender conditions. Uddhav Thackeray Party chief Uddhav …

Will scrap Dharavi redevelopment project tender, won't let Mumbai turn into Adani city: Uddhav
5 months, 2 weeks ago

Will scrap Dharavi redevelopment project tender, won't let Mumbai turn into Adani city: Uddhav

New Indian Express  

MUMBAI: Shiv Sena chief Uddhav Thackeray on Saturday said the Dharavi slum redevelopment project tender awarded to industrialist Gautam Adani's firm will be scrapped if his party comes to power in Maharashtra. Addressing a press conference, Thackeray said his party will ensure Dharavi residents and businesses are not uprooted, adding that people staying there must be given 500 square feet …

Mumbai real estate market: 5 things you need to know about Dharavi redevelopment project
6 months ago

Mumbai real estate market: 5 things you need to know about Dharavi redevelopment project

Hindustan Times  

Dharavi, one of Asia's largest slum housing clusters with a population of around one million people is located in the heart of Mumbai, and is set to undergo redevelopment. According to real estate developers and consultants, Dharavi redevelopment and rehabilitation will not only mark the beginning of a slum-free Mumbai but will be one of the biggest factors that is …

No land transfer to Adani group in Dharavi slum redevelopment project: Report
6 months, 3 weeks ago

No land transfer to Adani group in Dharavi slum redevelopment project: Report

Hindustan Times  

The world's largest slum redevelopment project involves no land transfer to Special Purpose Vehicle created for the project or to the Adani group. Sources close to the project told ANI that land transfer will be done to Dharavi Redevelopment Project/slum rehabilitation authority which is part of Maharashtra government housing department. The ₹23,000 crore slum redevelopment project comes under controversy after …

No land to Adani group, Dharavi land transfer to Maha govt depts; Adani only a developer: Sources
6 months, 3 weeks ago

No land to Adani group, Dharavi land transfer to Maha govt depts; Adani only a developer: Sources

New Indian Express  

MUMBAI: The multi-crore Dharavi slum redevelopment project involves no land transfer to the Adani group but to the Maharashtra government's departments, and the Ahmedabad-based conglomerate, as a project developer, will build houses that will be handed over to the same departments for allotment to residents of Asia's biggest slums, sources said. Denying allegations of land grab made by MP Varsha …

Why does Adani Group need 1,250 acres for redevelopment project: Dharavi residents
6 months, 3 weeks ago

Why does Adani Group need 1,250 acres for redevelopment project: Dharavi residents

Hindustan Times  

Mumbai: A group of Dharavi residents have questioned why the Adani Group-led Dharavi Redevelopment Project Pvt Ltd requires 1,250 acres of land for its slum overhaul plan. Calling it “a land scam”, the Dharavi Bachao Andolan said 1,250 acres is double the area of Dharavi, one of the world’s largest slums. Why does Adani Group need 1,250 acres for redevelopment …

Mumbai: Extra 21 acres given to Dharavi redevelopment project
6 months, 3 weeks ago

Mumbai: Extra 21 acres given to Dharavi redevelopment project

Hindustan Times  

Mumbai: The Maharashtra government’s dairy development department has cleared the handing over of a 21-acre plot of the Kurla dairy to the Dharavi Redevelopment Project and the Slum Rehabilitation Authority. June 12, 2024: 10.4 hectares of the Kurla dairy land has been handed over to Adani's Dharavi Redevelopment Project. The government had earlier given up nearly 2.5 acres of the …

Adani takes cricket league route to woo Dharavi residents
7 months, 1 week ago

Adani takes cricket league route to woo Dharavi residents

Hindustan Times  

MUMBAI: The Dharavi Redevelopment Project Pvt Ltd, a joint venture between the Government of Maharashtra and the Adani Group, has organised the Dharavi Premier League, a three-day cricket tournament to woo Dharavi residents, many of whom have been opposing the redevelopment of their slum. Dharavi Redevelopment Project Pvt Ltd, a joint venture between the Government of Maharashtra and the Adani …

Adani Enterprises gets board nod to raise Rs 16,600 crore via QIP
7 months, 1 week ago

Adani Enterprises gets board nod to raise Rs 16,600 crore via QIP

Business Standard  

The board of Adani Enterprises, the flagship firm of the conglomerate, on Tuesday approved raising Rs 16,600 crore by way of qualified institutional placement of shares or any other instruments, it told stock exchanges in a statement. The approval came a day after its transmission tower firm, Adani Energy Solutions, cleared plans to raise Rs 12,500 crore by way of …

India's Adani Energy Solutions to raise up to $1.5 billion
7 months, 1 week ago

India's Adani Energy Solutions to raise up to $1.5 billion

The Hindu  

India's Adani Energy Solutions said on Monday that its board has approved a fundraise of up to ₹125 billion. Business news website Moneycontrol had earlier reported that the two Adani companies — Adani Energy and Adani Enterprises — will collectively approve a fundraising plan in a range of $3.5-4 billion. Last year, U.S. shortseller Hindenburg in a report accused the …

Railways may lease out land to real estate developers in Delhi, Mumbai and Bengaluru
9 months, 1 week ago

Railways may lease out land to real estate developers in Delhi, Mumbai and Bengaluru

Hindustan Times  

India’s largest landowner, the Indian Railways, has identified 341.93 hectares of prime land across the country which will be given out to private developers on a 90-year-lease, and from which the railways hopes to generate ₹5000 crore. In Mumbai, the railways are looking to hive off 110.46 hectares at Grant Road, Tardeo, Parel, Bandra east and west, Carnac Bunder among …

Dharavi redevelopment project: Housing eligibility survey starts today
9 months, 1 week ago

Dharavi redevelopment project: Housing eligibility survey starts today

Hindustan Times  

Mumbai: The second phase of a door-to-door survey of Dharavi residents to determine eligibility for free housing will begin on April 1 on Monday from Kamla Raman Nagar area for the redevelopment project of Asia’s largest slum. Mumbai, India - March 18, 2024 : SVR Srinivas, CEO of the Dharavi Redevelopment Project interacts with resident of Kamla Raman Nagar, as …

Dharavi redevelopment survey begins, activists flag concerns over zone selection
9 months, 3 weeks ago

Dharavi redevelopment survey begins, activists flag concerns over zone selection

The Hindu  

The survey for Dharavi’s redevelopment began from Kamala Raman Nagar in Matunga, Zone 2 of the plan, on March 18. The Dharavi Redevelopment Project Private Limited, a joint venture between Adani Realty and the Maharashtra government, began the survey by giving unique numbers to the houses. The survey would also create, for the first time, a ‘digital Dharavi’, an advanced …

Adani Group to invest 70 per cent of total investments in green energy: Sources
9 months, 3 weeks ago

Adani Group to invest 70 per cent of total investments in green energy: Sources

India TV News  

Business news: The Adani Group is likely to invest over 70 per cent of its total investments towards green energy, including renewable power, green hydrogen and green evacuation transmission line, sources said. According to sources, Adani Group is planning to invest USD 14 billion in the 2024-25 financial year through its portfolio of 11 listed companies, in developing the country's …

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies
9 months, 3 weeks ago

Adani Group to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies

Op India  

Adani Group plans to invest USD 14 billion in 2024-25 financial year through its portfolio of 11 listed companies, in developing the country’s infrastructure, according to sources. India’s largest infrastructure conglomerate with showcase projects like Navi Mumbai Airport, Ganga Expressway, world’s largest renewable park at Khavda and Mundra Port has committed a USD 100 billion investment over the next 7-10 …

Adani Group's Dharavi plan begins next week: All you need to know
9 months, 3 weeks ago

Adani Group's Dharavi plan begins next week: All you need to know

Hindustan Times  

Adani Group is set to begin mapping Asia’s largest slum, a highly valuable area at the heart of Mumbai that the port-to-power conglomerate will redevelop starting March 18. The survey, which will create the world’s first digital map of a vast informal settlement using laser mapping technology, will kickstart Adani’s efforts to make India’s financial capital slum free, the spokesperson …

Adani Realty wins bid to redevelop 24-acre plot at Bandra Reclamation
10 months, 3 weeks 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, …

Adani Realty wins 24-acre Bandra Reclamation Redevelopment project outbidding L&T
10 months, 3 weeks ago

Adani Realty wins 24-acre Bandra Reclamation Redevelopment project outbidding L&T

Hindustan Times  

Adani Realty has emerged as the preferred bidder for the redevelopment of a 24-acre prime land at Bandra Reclamation close to the Bandra-Worli Sea Link, beating L&T, the only other eligible bidder in the bid process. Adani Realty gets 24-acre Bandra Reclamation Redevelopment Confirming this, Kailas Jadhav, Joint MD of the Maharashtra State Road Development Corporation, said, "Financial bids were …

Adani Group to invest ₹12,400 crore in Telangana in the coming years
11 months, 3 weeks ago

Adani Group to invest ₹12,400 crore in Telangana in the coming years

The Hindu  

Adani Group headed by its chairman Gautam Adani has announced investments to the tune of ₹12,400 crore in Telangana in the next few years. The Group’s company Adani Green Energy will invest ₹5,000 crore for setting up two pumped storage projects of 1,350 MW capacity and another firm AdaniConneX Data Centres has announced investment of an equal amount for setting …

Adani promises houses in ‘Navi Dharavi’ for ineligible Dharavi residents
11 months, 3 weeks ago

Adani promises houses in ‘Navi Dharavi’ for ineligible Dharavi residents

Hindustan Times  

Mumbai: The Adani Group promoted Dharavi Redevelopment Project Pvt Ltd will provide tenements measuring 350 square feet to all residents of Dharavi who lived there prior to the cut-off date of January 1, 2000 free of cost. Residents who moved into the slum settlement later and are not eligible for rehabilitation will be accommodated in proposed ‘Navi Dharavi’ colonies, and …

Adani group to invest ₹42700 cr in DMK-run Tamil Nadu
1 year ago

Adani group to invest ₹42700 cr in DMK-run Tamil Nadu

Op India  

Ports-to-power conglomerate Adani Group on Monday signed memorandums of understanding for investment of over Rs 42,700 crore at the Tamil Nadu Global Investors Meet 2024. According to an official press release, “The biggest investment of Rs 24,500 crore will be made by Adani Green Energy Ltd in three pump storage projects in the next 5-7 years.” “Adani Connex will invest …

Adani Ports share surge over 5 per cent as company returns to bond market after two years hiatus
1 year ago

Adani Ports share surge over 5 per cent as company returns to bond market after two years hiatus

India TV News  

Adani Ports and Special Economic Zone shares rose 5.22 per cent in early trade on Tuesday to hit a 52-week high of Rs 1,229.90 after the company said on Monday that it plans to enter the bond market after a two-year hiatus. At the concluding session of the event, organised by the ruling DMK government, formal agreements were inked between …

Adani Group keen on investing in Telangana
1 year ago

Adani Group keen on investing in Telangana

The Hindu  

The Adani Group has evinced keenness in investing in the State. Adani Ports & Special Economic Zone CEO and Group Head Gautam Adani’s son Karan Adani said the Group was prepared to make investments in Telangana. Mr. Karan Adani assured that the ongoing projects in the State would continue and requested the government’s support for the new projects proposed by …

Int’l planners, designers to prepare master plan for Dharavi project
1 year ago

Int’l planners, designers to prepare master plan for Dharavi project

Hindustan Times  

Mumbai: Dharavi Redevelopment Project Private Limited a special purpose vehicle formed by Adani group for the redevelopment of Dharavi in the next important step has decided to appoint internationally renowned planners and designers to prepare the master plan for the project, which is considered as one of the largest slum areas in Asia. HT Image DRPPL is in the process …

Hafeez Contractor, Sasaki, Buro Happold join hands for Dharavi redevelopment
1 year ago

Hafeez Contractor, Sasaki, Buro Happold join hands for Dharavi redevelopment

Live Mint  

The Adani Group has brought leading global experts in city planning including architect Hafeez Contractor, design firm Sasaki, and consultancy firm Buro Happold, among others, on board for the ambitious Dharavi redevelopment project in Mumbai. Led by Contractor, the consortium will also boast experts from Singapore as they work on rehabilitating Asia's largest slum that nearly a million call their …

Mumbai firm bags ₹22 crore contract to digitally map Adani's Dharavi project
1 year ago

Mumbai firm bags ₹22 crore contract to digitally map Adani's Dharavi project

Hindustan Times  

Mumbai-based digital mapping firm Genesys International has bagged the contract to deploy its digital twin mapping technology for the Dharavi redevelopment project. Adani's Dharavi redevelopment project has run into trouble with the opposition parties alleging that the business conglomerate received favours from the Eknath Shinde government. In a statement issued last week, the Adani Group had claimed that the tender …

Uddhav calls Dharavi project ‘biggest scam’, says his govt was not anti-development
1 year ago

Uddhav calls Dharavi project ‘biggest scam’, says his govt was not anti-development

Hindustan Times  

Mumbai: The Dharavi redevelopment project involves TDR irregularities worth more than ₹100 crore, which is the “biggest scam in the world”, said Shiv Sena chief Uddhav Thackeray on Saturday in a frontal attack on the Eknath Shinde-led government for handing over the project to an Adani Group firm. Thackeray who led a well-attended morcha against the project from T-junction in …

‘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. …

‘Remove Adani, Save Dharavi’ | Protesters stage massive march against redevelopment project
1 year ago

‘Remove Adani, Save Dharavi’ | Protesters stage massive march against redevelopment project

The Hindu  

Opposition-led protesters, numbering in the thousands, marched towards billionaire Gautam Adani’s Mumbai offices on December 16 to express their dissent against the ₹23,000 crore Dharavi Redevelopment Project. Dharavi is one of Asia’s largest slum clusters and the Adani Properties secured the 259-hectare redevelopment project in November last year through competitive bidding. Wielding flags and banners bearing slogans like “Remove Adani, …

Adani Group to invest Rs 8700 crores in JDU-RJD-ruled Bihar across sectors
1 year ago

Adani Group to invest Rs 8700 crores in JDU-RJD-ruled Bihar across sectors

Op India  

On Thursday, the Adani Group announced a significant commitment to amplify its investments in Bihar, aiming to increase the conglomerate’s financial commitment to the state tenfold. Pranav Adani, Managing Director of Adani Enterprises, shared during the Bihar Business Connect 2023 event that the group plans to boost its current investment in the state from Rs 850 crore to a substantial …

Congress accuses BJP govt. of relaxing norms of Dharavi redevelopment project to suit Adani group
1 year, 1 month ago

Congress accuses BJP govt. of relaxing norms of Dharavi redevelopment project to suit Adani group

The Hindu  

The Congress on November 17 accused the BJP of relaxing norms for the Dharavi redevelopment project in Mumbai to benefit the Adani group. In a statement, Congress general secretary Jairam Ramesh alleged that the Maharashtra Urban Development Department had been “compelled” to change rules. “It is now reported that the Maharashtra Urban Development Department — which had originally expressed its …

Adani Group can now earn more from TDR in Dharavi Redevelopment Project
1 year, 1 month ago

Adani Group can now earn more from TDR in Dharavi Redevelopment Project

Hindustan Times  

Controversy over Dharavi Redevelopment Project seems to be deepening further as the state government recently issued a notification to bring in changes in the Development Control Rules which has allowed the use of Transfer of Development Rights without an indexation. This change will give more value to the Adani group for the TDR generated from the Dharavi Redevelopment Project and …

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