+
BMC To Lease Mulund Land For Dharavi Construction
Real Estate

BMC To Lease Mulund Land For Dharavi Construction

The Brihanmumbai Municipal Corporation has handed over 124 acres of the Deonar dumping ground for the Dharavi Redevelopment Project and is now proposing to lease 15 acres at the former Mulund dumping ground to the project’s special purpose vehicle for construction infrastructure. The proposal, which has been under discussion within the civic administration for several months, is expected to be placed before the BMC’s Improvement Committee later this month for approval.

The land is to be leased to Navbharat Mega Developers Private Limited, the special purpose vehicle jointly owned by the Adani Group and the Maharashtra government that is executing the redevelopment project. Unlike the Deonar landfill, where housing tenements are being developed for rehabilitated families, the Mulund parcel will host a ready-mix concrete plant and a casting yard to support construction. The civic body expects to generate nearly Rs 1,030 million (mn) through the proposed five-year lease.

Under terms set out in civic documents, the lease rent has been fixed at Rs 252 per sq m. The SPV will pay Rs 91.7 mn in advance, equivalent to the first six months' rent, and thereafter Rs 15.2 mn each month, with the rent rising by six per cent every six months. Over the five-year period the BMC projects gross receipts of about Rs 1,034.7 mn. The SPV will remove the remaining waste mound at an estimated cost of Rs 200 mn over 14 months, to be adjusted against lease rentals, cutting net revenue to around Rs 830 mn.

Civic records note that the 24-acre Mulund dumping ground operated from 1968 until 2018, when the Bombay High Court directed scientific closure and remediation. The BMC has been biomining nearly 8 million tonnes (t) of legacy waste, of which about 5 million t has been cleared, and officials said delays caused by the Covid pandemic and other disruptions extended the timetable. The BMC had initially targeted completion within six years; by February this year the biomining exercise had reached nearly 90 per cent before work stalled. The remaining remediation is expected to continue over the next decade and the Deonar allocation is intended to rehabilitate 50,000 to 0.1 mn people.

The Brihanmumbai Municipal Corporation has handed over 124 acres of the Deonar dumping ground for the Dharavi Redevelopment Project and is now proposing to lease 15 acres at the former Mulund dumping ground to the project’s special purpose vehicle for construction infrastructure. The proposal, which has been under discussion within the civic administration for several months, is expected to be placed before the BMC’s Improvement Committee later this month for approval. The land is to be leased to Navbharat Mega Developers Private Limited, the special purpose vehicle jointly owned by the Adani Group and the Maharashtra government that is executing the redevelopment project. Unlike the Deonar landfill, where housing tenements are being developed for rehabilitated families, the Mulund parcel will host a ready-mix concrete plant and a casting yard to support construction. The civic body expects to generate nearly Rs 1,030 million (mn) through the proposed five-year lease. Under terms set out in civic documents, the lease rent has been fixed at Rs 252 per sq m. The SPV will pay Rs 91.7 mn in advance, equivalent to the first six months' rent, and thereafter Rs 15.2 mn each month, with the rent rising by six per cent every six months. Over the five-year period the BMC projects gross receipts of about Rs 1,034.7 mn. The SPV will remove the remaining waste mound at an estimated cost of Rs 200 mn over 14 months, to be adjusted against lease rentals, cutting net revenue to around Rs 830 mn. Civic records note that the 24-acre Mulund dumping ground operated from 1968 until 2018, when the Bombay High Court directed scientific closure and remediation. The BMC has been biomining nearly 8 million tonnes (t) of legacy waste, of which about 5 million t has been cleared, and officials said delays caused by the Covid pandemic and other disruptions extended the timetable. The BMC had initially targeted completion within six years; by February this year the biomining exercise had reached nearly 90 per cent before work stalled. The remaining remediation is expected to continue over the next decade and the Deonar allocation is intended to rehabilitate 50,000 to 0.1 mn people.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

MMRDA Targets Completion of Projects by December 2028

The Mumbai Metropolitan Region Development Authority (MMRDA) is targeting the completion of all its ongoing infrastructure projects by December 2028, a year ahead of its December 2029 deadline, Metropolitan Commissioner Dr Sanjay Mukherjee has said.Speaking at the sixth edition of the Real Estate & Infrastructure Investors' Summit (REIIS) 2026 in Mumbai, Mukherjee said the authority was developing an integrated network of roads, tunnels, sea links and Metro corridors under its broader vision of “Mumbai in 59 Minutes”.The objective is to improve east-west and north-south connectivity an..

Next Story
Building Material

High-Performance Façades Gain Ground in Indian Buildings

High-performance façades are gaining greater importance in Indian architecture as developers and architects increasingly focus on energy efficiency, thermal comfort and building performance, according to Shankar Fenestrations & Glasses.The company said modern façade systems are increasingly being considered as part of a building's overall performance strategy rather than being used primarily as aesthetic elements.High-performance glass, curtain wall systems and structural glazing can contribute to thermal regulation, solar control, daylight management and indoor comfort. Their growing ad..

Next Story
Technology

SPML Infra's 104.4 kWh BESS Battery Pack Clears Global Tests

SPML Infra has announced that its proprietary 104.4 kWh Battery Energy Storage System (BESS) battery pack has completed key international safety, performance and transportation testing and certification requirements, marking a step towards its commercial deployment.Developed under the company's own intellectual property, the battery pack has completed requirements under UL9540A, IEC 62619, IEC 63056, IEC 60730, IEC 61000-6-2, IEC 61000-6-4 and UN38.3 standards.The testing covers areas including thermal runaway safety, battery performance, system functional safety, electromagnetic compatibility..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code