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 argued that its ₹7,200 crore offer was higher and more deserving than Adani’s ₹5,069 crore bid, and alleged that the decision to cancel the earlier tender issue a fresh one was biased, violating principles of natural justice. The govt said that the 2018 tender was officially cancelled due to significant changes in tender conditions post the “Bid Due Date.” The Dharavi redevelopment project aims to transform the 259-hectare slum area in central Mumbai into a modern urban space, providing improved housing and amenities for its residents.

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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
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 …

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 High Court upholds Adani Properties’ Dharavi slum rehabilitation bid
2 weeks, 5 days 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
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 …

Bombay High Court rejects UAE firm Seclink's plea against Dharavi project tender to Adani
2 weeks, 6 days 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. …

Why it's a rocky road ahead for Adani Group
1 month ago

Why it's a rocky road ahead for Adani Group

India Today  

Gautam Adani’s biographer calls him ‘destiny’s child’. However, a US court indictment which said that, starting in 2020, top honchos of Azure Power—an Indian solar power producer that was listed on the New York Stock Exchange—connived with Adani and two of his senior executives to give $265 million in bribes to government officials across five Indian states in return for …

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 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 …

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 …

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 …

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, …

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 …

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 …

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 …

Congress questions the addition of five Adani stocks to NSE indices
1 year, 10 months ago

Congress questions the addition of five Adani stocks to NSE indices

The Hindu  

The Congress on February 27, 2023, as part of its ongoing ‘Hum Adani Ke Hain Kaun’ series of questions, asked why the stocks of five more Adani Group companies had been added to the National Stock Exchange index despite their crash in the stock market. “Even as the leading market index providers MSCI, S&P Dow Jones and FTSE Russell review …

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 …

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 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 …

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 …

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 …

Govt receives three bids for Dharavi redevelopment
2 years, 1 month ago

Govt receives three bids for Dharavi redevelopment

Hindustan Times  

Mumbai: Three bids were received for the Dharavi Redevelopment Project on Tuesday but the names of the firms and their bidding amounts will be disclosed on Wednesday. In 2018, only one bid was received, from the Dubai-based Seclink Consortium, forcing the government to extend the deadline before another bid came in from the Adani group. In January 2019, the Seclink …

Maharashtra govt floats global tender for Dharavi redevelopment project
2 years, 3 months ago

Maharashtra govt floats global tender for Dharavi redevelopment project

Live Mint  

A week after deciding to invite fresh bids for the Dharavi Redevelopment project, the Eknath Shinde-led Maharashtra government on 1 October floated a global tender, which is estimated to cost over ₹20,000 crore. However, it will be premature to comment on the date of work commencement as currently the timeline for completion of the bidding process is set," Moneycontrol quoted …

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