Adani Group wins Dharavi redevelopment project with ₹5,069 crore bid
2 years, 3 months 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 Group submitted a bid of ₹2,025 crore, we did not open Naman Group’s bid, as it didn’t not qualify due to technical reasons.” The bid by Adani Group is merely the initial investment in the ₹20,000 crore project and according to the bid criteria, the company will have to form a special purpose vehicle. As per the bidding contract, “The project will be awarded to the qualified bidder quoting the highest amount, over and above the minimum stipulated investment of ₹1,600 crore, that the lead partner of the SPV company is ready to bring in. Apart from equity of ₹400 crore, any investment required for the project shall be brought by the lead partner in the form of compulsorily convertible securities such as compulsorily convertible debentures and/or compulsorily preference shares.” This is the fourth time in the last 18 years that the Maharashtra Government is attempting to build Asia’s largest slum cluster which is home to close to 58,000 families and has around 12,000 commercial establishments.

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History of this topic

No Dharavi land being handed over to Adani: Shelar
6 days, 14 hours ago

No Dharavi land being handed over to Adani: Shelar

Hindustan Times  

MUMBAI: Reports that government land is being handed over to Adani Realty in the guise of redeveloping Dharavi are untrue, state cultural affairs minister Ashish Shelar said on Friday. No Dharavi land being handed over to Adani: Shelar Not an inch of government land will be handed over to the industrial house, he added. Shelar was responding during a heated …

Adani in talks with Emaar Group to acquire $1.4 billion India real estate unit: Report
1 week, 1 day ago

Adani in talks with Emaar Group to acquire $1.4 billion India real estate unit: Report

Hindustan Times  

Billionaire Gautam Adani is now in advanced talks to purchase the India unit of Dubai-based developer Emaar Group, valued potentially at about $1.4 billion. This development comes after Emaar had announced in January that it was in talks with some business groups in India, including the Adani Group, regarding a potential stake sale in Emaar India Ltd. The Adani Group's …

Adani Group wins bid for Rs 36,000 crore Motilal Nagar project in Mumbai
2 weeks, 1 day ago

Adani Group wins bid for Rs 36,000 crore Motilal Nagar project in Mumbai

India Today  

Adani Group on Wednesday won the Rs 36,000 crore redevelopment project at Mumbai’s Motilal Nagar, emerging as the highest bidder. This is the second major redevelopment project for the Adani Group after the Dharavi redevelopment project. Adani Properties Pvt Ltd, a subsidiary of the Adani Group, is involved in the 143-acre housing redevelopment project at Motilal Nagar I, II, and …

After Dharavi, Adani Group wins ₹36,000 crore Motilal Nagar redevelopment project in Mumbai's Goregaon: Report
2 weeks, 2 days ago

After Dharavi, Adani Group wins ₹36,000 crore Motilal Nagar redevelopment project in Mumbai's Goregaon: Report

Hindustan Times  

Gautam Adani's group has emerged as the highest bidder for the ₹36,000 crore redevelopment of Motilal Nagar in Mumbai's Goregaon, according to a PTI report. Mumbai redevelopment news: Gautam Adani's group has emerged as the highest bidder for the ₹ 36,000 crore redevelopment of Motilal Nagar in Mumbai's Goregaon. This will be the Adani Group's third major acquisition, following the …

Adani set to bag one of Mumbai's largest housing projects worth $4.1 billion: Report
2 weeks, 2 days ago

Adani set to bag one of Mumbai's largest housing projects worth $4.1 billion: Report

Hindustan Times  

Billionaire Gautam Adani’s real estate unit has emerged the top bidder to redevelop one of the largest housing projects in Mumbai at an estimated 360 billion rupees, according to two people aware of the development. Adani Properties Pvt Ltd, an unlisted unit of port-to-power conglomerate Adani Group, offered the highest price for the Motilal Nagar Development Project in the western …

SC to review Maha’s award of Dharavi redevelopment project to Adani Group
2 weeks, 6 days ago

SC to review Maha’s award of Dharavi redevelopment project to Adani Group

Hindustan Times  

NEW DELHI The Supreme Court on Friday agreed to review the Maharashtra government’s decision to award the Dharavi Redevelopment Project in Mumbai to Adani Properties Ltd, even as it directed Adani Properties to maintain an escrow account for all financial transactions related to the project. STC assured the court that it would meet all obligations undertaken by Adani Properties under …

Dharavi redevelopment: Supreme Court refuses status quo on Adani Group’s project
3 weeks ago

Dharavi redevelopment: Supreme Court refuses status quo on Adani Group’s project

The Hindu  

The Supreme Court on Friday refused to order a status quo on Dharavi redevelopment project in Mumbai. A bench of Chief Justice Sanjiv Khanna and Justice Sanjay Kumar sought responses from the Maharashtra government and Adani Properties Pvt Ltd, which was awarded the tender for the project, on a petition challenging a December 20, 2024 verdict of the Bombay High …

Supreme Court Issues Notice On Plea Challenging Award Of Dharavi Redevelopment Project To Adani, Petitioner Offers Higher Bid Than Adani
3 weeks ago

Supreme Court Issues Notice On Plea Challenging Award Of Dharavi Redevelopment Project To Adani, Petitioner Offers Higher Bid Than Adani

Live Law  

The Supreme Court today issued notice in a plea by SecLink Technologies challenging the Bombay High Court decision which upheld the tender awarded to Adani Properties for Dharavi Slums Redevelopment Project. The bench of CJI Sanjiv Khanna and Justice Sanjay Kumar was hearing a challenge against the Bombay High Court order upholding the Maharashtra government's decision to cancel Dharavi Slums …

Supreme Court declines to stall Dharavi Redevelopment project, issues notices on Seclink Technologies proposal
Top News
3 weeks ago

Supreme Court declines to stall Dharavi Redevelopment project, issues notices on Seclink Technologies proposal

Op India  

The Supreme Court on Friday refused to stay the Dharavi redevelopment project being undertaken by the Adani Group. Seclink Technologies has challenged the Maharashtra government’s decision to cancel its 2019 bid for the redevelopment of Dharavi slums and issue a fresh tender in 2022 to Adani group. The Bombay High Court in December 2024 had upheld the Maharashtra government’s decision …

SC refuses status quo on Dharavi project, seeks Adani, Maharashtra government's response
Top News
3 weeks ago

SC refuses status quo on Dharavi project, seeks Adani, Maharashtra government's response

New Indian Express  

NEW DELHI: The Supreme Court on Friday refused to order a status quo on Dharavi redevelopment project in Mumbai. A bench of Chief Justice Sanjiv Khanna and Justice Sanjay Kumar sought responses from the Maharashtra government and Adani Properties Pvt Ltd, which was awarded the tender for the project, on a petition challenging a December 20, 2024 verdict of the …

Supreme Court refuses to stay Adani Group's Dharavi Redevelopment Project
3 weeks ago

Supreme Court refuses to stay Adani Group's Dharavi Redevelopment Project

India TV News  

Supreme Court refuses to stay Adani Group's Dharavi Redevelopment Project The court had cleared the decks for redevelopment of the slums in Dharavi and upheld the tender awarded to the Adani Group for the project, ruling there was no "arbitrariness, unreasonableness or perversity" in the decision. In a big win for the Adani Group, the Supreme Court on Friday refused …

Adani Group To Invest Rs 50,000 Crore In Assam Across Multiple Projects: Gautam Adani
1 month ago

Adani Group To Invest Rs 50,000 Crore In Assam Across Multiple Projects: Gautam Adani

ABP News  

Indian industrialist Gautam Adani on Tuesday announced an investment of Rs 50,000 crore in Assam. Speaking at the Advantage Assam 2.0 Investment & Infrastructure Summit 2025 in Guwahati on February 25, the Adani Group Chairman said that the conglomerate will be investing in the state. Addressing the event during the inaugural day of the Summit, Adani said that this investment …

Adani Group to invest Rs 2,10,000 crore in Madhya Pradesh
1 month ago

Adani Group to invest Rs 2,10,000 crore in Madhya Pradesh

Op India  

The Adani Group will invest up to Rs 2,10,000 crore in Madhya Pradesh across pumped storage, cement, mining, smart meters and thermal energy, creating more than 1,20,000 jobs by 2030. Addressing the Madhya Pradesh Global Investors Summit 2025 in Bhopal, Gautam Adani, Chairman of the Adani Group, reaffirmed the Group’s commitment to the state, highlighting what he said was Madhya …

Adani Group to invest Rs 30,000 cr in Kerala in 5 years: Karan Adani
Trending News
1 month ago

Adani Group to invest Rs 30,000 cr in Kerala in 5 years: Karan Adani

Deccan Chronicle  

The Adani Group has unveiled plans to invest Rs. The announcement was made by Karan Adani, Managing Director of Adani Ports and SEZ Limited, during his special address at the opening session of the Invest Kerala Global Summit 2025.The two-day summit was inaugurated by Chief Minister Pinarayi Vijayan at the Lulu Bolgatty International Convention Centre.Highlighting Vizhinjam Port’s strategic importance in …

Adani Group to invest ₹30,000 crore in Kerala over next five years: Karan Adani
1 month, 1 week ago

Adani Group to invest ₹30,000 crore in Kerala over next five years: Karan Adani

The Hindu  

Adani Group will invest ₹30,000 crore in Kerala over the next five years, Karan Adani, managing director, Adani Ports and SEZ Ltd, has said. The investments will include ₹5,500 crore to expand operations of the Thiruvananthapuram airport and another ₹20,000-crore additional investment in the Vizhinjam port aimed at turning the facility into the largest transhipment port in this part of …

Adani Group commits Rs 2.3 lakh crore investment in Odisha in five years
2 months ago

Adani Group commits Rs 2.3 lakh crore investment in Odisha in five years

Op India  

Adani Group has committed to invest Rs 2.3 lakh crore in Odisha over the next five years across sectors such as power, cement, industrial parks, aluminium and city gas. Karan Adani, MD, Adani Ports and SEZ Ltd, met Odisha CM Mohan Charan Majhi and exchanged MoU for investments in Odisha over the next five years. The proposed investment by the …

Adani Group to invest ₹75,000 crore in Chhattisgarh across various sectors, says CM
2 months, 2 weeks ago

Adani Group to invest ₹75,000 crore in Chhattisgarh across various sectors, says CM

Live Mint  

The Adani Group is set to invest ₹75,000 crore in Chhattisgarh across various sectors, including power, cement, education, healthcare, skill development, and tourism, as announced by the Chief Minister's Office. During a meeting between Chhattisgarh Chief Minister Vishnu Deo Sai and Adani Group Chairman Gautam Adani, the CMO shared updates and photographs from the discussion on Sunday. According to a …

Gautam Adani announces ₹65,000 crore investment in energy, cement projects in Chhattisgarh
2 months, 2 weeks ago

Gautam Adani announces ₹65,000 crore investment in energy, cement projects in Chhattisgarh

The Hindu  

“Industrialist Gautam Adani on Sunday called on Chhattisgarh Chief Minister Vishnu Deo Sai and announced an investment of ₹65,000 crore in the Adani Group’s energy and cement projects in the State,” officials said. During the meeting, Mr. Adani announced a planned investment of ₹60,000 crore to expand the group’s power plants in Raipur, Korba and Raigarh in the state. In …

Adani Group to raise ₹7,148 crore from Adani Wilmar stake sale
Trending News
2 months, 2 weeks ago

Adani Group to raise ₹7,148 crore from Adani Wilmar stake sale

The Hindu  

The Adani Group will raise ₹7,148 crore from sale of up to 20% stake in FMCG firm Adani Wilmar in the open market as part of its strategy to exit non-core activities to focus on infrastructure business. The conglomerate, which last month announced its exit from Adani Wilmar by selling the bulk of its stake to a joint venture partner, …

Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275
2 months, 2 weeks ago

Adani Group to sell 20% stake in Adani Wilmar via OFS, floor price set at ₹275

Live Mint  

FMCG player Adani Wilmar is expected to draw attention on Friday, January 10, following the Thursday evening announcement that its founder plans to divest a stake in the company via an Offer For Sale. Adani Commodities, the promoter entity of Adani Wilmar under the Adani Group, plans to divest a 13.5 per cent stake, equivalent to 17.54 crore shares, through …

Dharavi Redevelopment Project renamed to Navbharat Mega Developers
2 months, 4 weeks 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
2 months, 3 weeks 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 …

Adani acquires 86% stake in MRO firm Air Works
Top News
3 months ago

Adani acquires 86% stake in MRO firm Air Works

Hindustan Times  

MUMBAI: The Adani group’s defence arm, Adani Defence Systems & Technologies Ltd, has signed an agreement to acquire an 85.8% stake in Air Works, India’s largest private-sector Maintenance, Repair and Overhaul company. Air Works, founded in Mumbai in April 1951 but now headquartered in Delhi, offers aviation services such as spanning line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, …

Adani Group to acquire aircraft maintenance company Air Works for ₹400 crore
3 months ago

Adani Group to acquire aircraft maintenance company Air Works for ₹400 crore

Hindustan Times  

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul services firm Air Works for an enterprise value of ₹400 crore. The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024 "Adani Defence Systems & Technologies Ltd has signed a share purchase agreement …

Bombay HC upholds Dharavi redevelopment tender awarded to Adani Group
3 months, 1 week 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 …

Adani to invest ₹20,000 crore in proposed supercritical thermal power plant in Bihar
3 months, 1 week ago

Adani to invest ₹20,000 crore in proposed supercritical thermal power plant in Bihar

Live Mint  

Billionaire Gautam Adani’s conglomerate has announced plans to invest ₹20,000 crore in establishing a supercritical thermal power plant in Bihar. Adani Group Other Proposed Projects The group is also looking to potentially invest another ₹1,000 crore in developing strategic infrastructure in Bihar, like Gati Shakti Railway Terminals, ICDs and Industrial Warehousing Parks. As Bihar migrates from conventional electric meters to …

Bombay High Court upholds Adani Properties’ Dharavi slum rehabilitation bid
3 months, 1 week 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 …

Bombay HC upholds tender awarded to Adani Group to redevelop Dharavi slum sprawl
Top News
3 months, 1 week 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
3 months, 2 weeks 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
3 months, 2 weeks 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
3 months, 2 weeks 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
4 months 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
4 months 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
4 months, 1 week 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
4 months, 1 week 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
4 months, 2 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 …

Adani Power Soars 3% on ₹5,000 Crore Fundraise Move
5 months ago

Adani Power Soars 3% on ₹5,000 Crore Fundraise Move

Live Mint  

Adani Power shares experience a surge in trading activity, with their stock price rising by over 3% on Thursday. The surge follows the announcement of a board meeting scheduled for October 28th to consider and approve a fundraising proposal worth ₹5,000 crore. The company plans to raise funds through a public issue and/or private placement of non-convertible debentures, with the …

Maharashtra could earn ₹5,000-10,000 crore from Dharavi rejig
6 months, 1 week 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
7 months 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 Group Set To Bid For Jaypee Real Estate To Capture Delhi-NCR Market: Report
7 months, 3 weeks ago

Adani Group Set To Bid For Jaypee Real Estate To Capture Delhi-NCR Market: Report

ABP News  

The Adani Group is reportedly planning to bid for the Jaypee Group’s real estate portfolio. In addition to the real estate assets, which include a range of high-value properties such as apartment complexes, villas, and golf courses, Adani has also shown interest in Jaypee’s cement business. “As a resolution package, Adani may offer around Rs 15,000 crore in total to …

Adani Group sought 540-acre land to complete Dharavi project, alleges Thackeray, demands scrapping of tender
8 months, 1 week 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
8 months, 1 week 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
8 months, 3 weeks 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
9 months, 1 week 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
9 months, 1 week 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
9 months, 1 week 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 …

Adani takes cricket league route to woo Dharavi residents
9 months, 3 weeks 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 …

Dharavi redevelopment project: Housing eligibility survey starts today
11 months, 3 weeks 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 to invest ₹1.2 lakh crore in FY 2024-25 through 11 companies
1 year 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
1 year 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 …

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