Adani Group bags Dharavi redevelopment project with Rs 5,069 crore bid
2 years, 1 month ago

Adani Group bags Dharavi redevelopment project with Rs 5,069 crore bid

India TV News  

The Adani Group has emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project, a top official said on Tuesday. The group has put in a Rs 5,069 crore bid for the redevelopment of one of the largest slum sprawls in the world, outbidding DLF, which had quoted Rs 2,025 crore, chief executive officer of the project SVR Srinivas said. The bid is for the entire Rs 20,000-crore project, and the total timeline for the project is seven years to rehabilitate the 6.5 lakh slum dwellers who are spread over 2. The government has sought a consolidated net worth of a minimum of Rs 20,000 crore to choose the winning bid, and is likely to evaluate both technical and financial eligibility before awarding the project to the highest bidder.

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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 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 …

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 …

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 …

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 …

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 …

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 …

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 …

Rustomjee Group bags redevelopment project in Malad with GDV of ₹1200 crore
11 months, 2 weeks ago

Rustomjee Group bags redevelopment project in Malad with GDV of ₹1200 crore

Hindustan Times  

Mumbai: Keystone Realtors Limited has been selected as the developer for redevelopment of Veena Nagar Co-operative Housing Society Limited & NeelKamal Ghruh Cooperative Housing Society Limited on a combined land admeasuring 12,120 sq m in Malad west. Rustomjee Group bags redevelopment project in Malad with GDV of ₹ 1200 crore In addition to rehousing 342 existing members of both the …

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 …

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 …

‘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 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 …

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 …

New tender process for Dharavi slum redevelopment transparent; no undue favour to Adani Group: Maharashtra government to Bombay High Court
1 year, 4 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 …

Adani says he is planning to convert Mumbai's Dharavi into a modern city hub
1 year, 5 months ago

Adani says he is planning to convert Mumbai's Dharavi into a modern city hub

Hindustan Times  

Indian billionaire Gautam Adani on Thursday said he plans to convert India's largest slum in Mumbai, Dharavi, into a modern city hub, a huge challenge which would require the rehousing of around 1 million people. Gautam Adani Believed to be the largest slum in Asia, Dharavi is a crowded area that houses thousands of poor families in cramped quarters in …

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 …

SRA asked to pitch in ₹300 crore for Dharavi Redevelopment Project
1 year, 7 months ago

SRA asked to pitch in ₹300 crore for Dharavi Redevelopment Project

Hindustan Times  

Mumbai: The state government has directed the Slum Rehabilitation Authority to contribute ₹300 crore to the Dharavi Redevelopment Project, of which ₹200 crore will be allotted to Rail Land Development Authority towards the 45-acre railway land and ₹100 crore will be diverted towards DRP’s equity in the Special Purpose Vehicle to be created for the Dharavi project. It was agreed …

Malvani slums to be redeveloped like Dharavi Project
1 year, 9 months ago

Malvani slums to be redeveloped like Dharavi Project

Hindustan Times  

The 1,200-acre land mass of Malvani, known for its large slum colonies, will be developed by the Brihanmumbai Municipal Corporation on the lines of the Dharavi redevelopment project. Chahal will be the first CEO of the Dharavi Redevelopment project, and BMC officers said this experience would count a lot in the Malvani redevelopment plan. While Dharavi measures around 270 acres, …

Adani Group may bid in upcoming airport auctions
1 year, 11 months ago

Adani Group may bid in upcoming airport auctions

Live Mint  

The Adani Group may join the upcoming auction of airports in the public-private partnership model, a top executive said. The speculation is that there will be 11 airports which will be bid this time and we will look at terms and conditions of the RFQ and accordingly, we will make a decision if there is any property which is of …

Cabinet approves Adani’s bid for Dharavi redevelopment
2 years 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 …

As Adani Group clinches project to redevelop Dharavi, dreams and doubts abound in Asia’s largest slum
2 years ago

As Adani Group clinches project to redevelop Dharavi, dreams and doubts abound in Asia’s largest slum

The Hindu  

Every morning, Asha, a 27-year-old schoolteacher, wakes up at the crack of dawn to help her disabled mother get ahead of the long queues outside the community toilets in central Mumbai’s Dharavi, Asia’s largest slum, where around 11 lakh urban poor live cheek by jowl in over 1.2 lakh cramped, tin-roofed shanties in a maze of crowded, winding alleys spread …

Deconstructing Dharavi: As Adani Group Wins Redevelopment Bid, Locals & Businesses Flustered about Future
2 years ago

Deconstructing Dharavi: As Adani Group Wins Redevelopment Bid, Locals & Businesses Flustered about Future

News 18  

A parlour in one small room, a cloth business in the other. The Adani Group last week bagged the Rs 20,000-crore Dharavi redevelopment project, with a winning bid of Rs 5,069 crore. “If you compare Dharavi with any other redevelopment of slum pockets or government land, I believe the land value should be notional. Killawala suggested that an ideal way …

Mint Explainer: Dharavi, the big test for Adani and Mumbai
2 years, 1 month ago

Mint Explainer: Dharavi, the big test for Adani and Mumbai

Live Mint  

In the heart of Mumbai lies Dharavi, Asia's largest slum hosting thousands of small businesses and hundreds of thousands of people over more than 600 acres. Dharavi’s small businesses will stay Many slums have almost become a permanent feature of Mumbai’s landscape, spawning mini business ecosystems. Dharavi: The big test for Gautam Adani With a net worth of over $150 …

Adani Group bags Dharavi redevelop project with a ₹5,069 cr bid
2 years, 1 month ago

Adani Group bags Dharavi redevelop project with a ₹5,069 cr bid

Live Mint  

The Adani Group has emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project, a top official said on Tuesday. The group has put in a ₹5,069 crore bid for the redevelopment of one of the largest slum sprawls in the world, outbidding DLF, which had quoted ₹2,025 crore, chief executive officer of the project S V R Srinivas …

Adani Group Wins Dharavi Redevelopment Project With Rs 5,069 Crore Bid
2 years, 1 month ago

Adani Group Wins Dharavi Redevelopment Project With Rs 5,069 Crore Bid

News 18  

Mumbai’s Dharavi is set for a makeover as Adani Group has won the bid for the redevelopment of one of the largest slum clusters in Asia. Financial bids for the global tender floated on October 1 for the Dharavi redevelopment project were opened today. We will now further go with the approval from the state government and also form a …

Adani Group wins Dharavi redevelopment project with ₹5,069 crore bid
2 years, 1 month 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 Group bags Dharavi redevelopment project with Rs 5,069 crore bid
2 years, 1 month ago

Adani Group bags Dharavi redevelopment project with Rs 5,069 crore bid

India Today  

The Adani Group has emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project, a top official said on Tuesday. The group has put in a Rs 5,069 crore bid for the redevelopment of one of the largest slum sprawls in the world, outbidding DLF, which had quoted Rs 2,025 crore, chief executive officer of the project SVR Srinivas …

Adani, DLF, Naman Group in the race for Dharavi redevelopment
2 years, 1 month ago

Adani, DLF, Naman Group in the race for Dharavi redevelopment

Hindustan Times  

Mumbai: Some of the leading real estate companies led by Adani Group, Delhi-based DLF Group, and city-based Naman Group have submitted bids for the ₹20,000-crore Dharavi redevelopment project, rekindling hopes that Asia’s largest slum cluster could finally get a makeover. In Mumbai, Adani Realty collaborated with Marathon Group in Monte South project, three 64-storey towers on 12-acre Khatau textile mills …

DLF, Adani, Naman Group bid for Dharavi redevelopment project
2 years, 1 month ago

DLF, Adani, Naman Group bid for Dharavi redevelopment project

The Hindu  

The Maharashtra government has received bids from DLF Group, Adani Group and Naman Group for the redevelopment of Dharavi, one of the largest slum clusters in the world. Srinivas, chief executive officer of the Dharavi Redevelopment Project and commissioner of Maharashtra Housing and Area Development Authority said, “We have received three bids, we will now do the technical scrutiny in …

What is the Dharavi redevelopment project?
2 years, 2 months ago

What is the Dharavi redevelopment project?

The Hindu  

The story so far: On October 18, Union Railway Minister Ashwini Vaishnaw and Maharashtra’s deputy Chief Minister Devendra Fadnavis signed a ‘definitive agreement’ for handing over 47.5 acres of Railway land in Dadar for the Dharavi Redevelopment Project. The agreement, which was inked between the Ministry of Railways’ Rail Land Development Authority and the Dharavi Redevelopment Project Authority, sets the …

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