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 …
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 …
