BMC Leases Mulund Dumpsite for Rs 918 Million to Dharavi SPV
Real Estate

BMC Leases Mulund Dumpsite for Rs 918 Million to Dharavi SPV

The Brihanmumbai Municipal Corporation (BMC) will lease out a 15-acre section of Mumbai’s Mulund dumping ground to Navbharat Mega Developers Private Limited (NMDPL), the special purpose vehicle (SPV) executing the Dharavi Redevelopment Project (DRP). The decision follows nearly a year after the Maharashtra government allocated 124 acres of the Deonar landfill for housing construction under the same project.

According to civic officials, the leased land at Mulund will be utilised by NMDPL to set up casting yards and ready-mix concrete (RMC) plants to facilitate construction for the Dharavi Redevelopment Project.

Government records show that Adani Properties Private Limited (APPL) holds an 80 per cent stake in NMDPL, while the Slum Rehabilitation Authority (SRA) — an agency of the Maharashtra government — owns the remaining 20 per cent.

As per a BMC document, the Mulund dumpsite has been leased for five years at an annual rent of Rs 183.5 million, allowing the civic body to earn a total of Rs 918 million over the lease period.

The Mulund dumping ground, spread across 24 acres, has been in use since 1968. Following a court directive in 2018, the BMC began a scientific closure and cleanup drive to remove approximately 7 million metric tonnes (MT) of waste. To date, around 5 million MT has been cleared.

A senior BMC official said, “Roughly 50,000 MT of solid waste still remains on the 15-acre section leased to NMDPL, and it will be cleared before formal handover. The land will then be used for the casting yard and RMC plant that will support DRP construction activities.”

NMDPL first sought the Mulund land in February 2025. In addition to the Deonar site, the state government has also allocated salt pan lands in Mumbai’s eastern suburbs for housing development under the Dharavi Redevelopment Project, with the Mulund casting yard serving as a logistical base owing to its proximity to the Eastern Express Highway (EEH).

Separately, in July 2025, the BMC awarded a Rs 25.4 billion contract to Navayuga Engineering Company Ltd (NECL) — at 7 per cent above the estimated cost — to clear the Deonar dumpsite, covering 110 hectares (271 acres) of land.

NECL and Adani Group have previously collaborated in a 74:26 joint venture for the Rs 26.8 billion Vijayawada Bypass project, and NECL continues to undertake major infrastructure works in Mumbai, including the Rs 26.82 billion Eastern Freeway extension and the Rs 27.27 billion Thane Coastal Road project.

The Mulund land lease is expected to accelerate construction operations for the Dharavi Redevelopment Project while allowing the BMC to monetise its reclaimed landfill sites for public infrastructure and housing purposes.

The Brihanmumbai Municipal Corporation (BMC) will lease out a 15-acre section of Mumbai’s Mulund dumping ground to Navbharat Mega Developers Private Limited (NMDPL), the special purpose vehicle (SPV) executing the Dharavi Redevelopment Project (DRP). The decision follows nearly a year after the Maharashtra government allocated 124 acres of the Deonar landfill for housing construction under the same project. According to civic officials, the leased land at Mulund will be utilised by NMDPL to set up casting yards and ready-mix concrete (RMC) plants to facilitate construction for the Dharavi Redevelopment Project. Government records show that Adani Properties Private Limited (APPL) holds an 80 per cent stake in NMDPL, while the Slum Rehabilitation Authority (SRA) — an agency of the Maharashtra government — owns the remaining 20 per cent. As per a BMC document, the Mulund dumpsite has been leased for five years at an annual rent of Rs 183.5 million, allowing the civic body to earn a total of Rs 918 million over the lease period. The Mulund dumping ground, spread across 24 acres, has been in use since 1968. Following a court directive in 2018, the BMC began a scientific closure and cleanup drive to remove approximately 7 million metric tonnes (MT) of waste. To date, around 5 million MT has been cleared. A senior BMC official said, “Roughly 50,000 MT of solid waste still remains on the 15-acre section leased to NMDPL, and it will be cleared before formal handover. The land will then be used for the casting yard and RMC plant that will support DRP construction activities.” NMDPL first sought the Mulund land in February 2025. In addition to the Deonar site, the state government has also allocated salt pan lands in Mumbai’s eastern suburbs for housing development under the Dharavi Redevelopment Project, with the Mulund casting yard serving as a logistical base owing to its proximity to the Eastern Express Highway (EEH). Separately, in July 2025, the BMC awarded a Rs 25.4 billion contract to Navayuga Engineering Company Ltd (NECL) — at 7 per cent above the estimated cost — to clear the Deonar dumpsite, covering 110 hectares (271 acres) of land. NECL and Adani Group have previously collaborated in a 74:26 joint venture for the Rs 26.8 billion Vijayawada Bypass project, and NECL continues to undertake major infrastructure works in Mumbai, including the Rs 26.82 billion Eastern Freeway extension and the Rs 27.27 billion Thane Coastal Road project. The Mulund land lease is expected to accelerate construction operations for the Dharavi Redevelopment Project while allowing the BMC to monetise its reclaimed landfill sites for public infrastructure and housing purposes.

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