Can Dharavi get a makeover?
Real Estate

Can Dharavi get a makeover?

Three companies, Adani Realty, DLF and Naman Group, have submitted bids for the over Rs 200 billion Dharavi redevelopment and rehabilitation project, which may finally take off after several failed attempts over the last 15 years or so. Dharavi, in Mumbai, is one of Asia's biggest slum clusters.

Governments in Maharashtra have made at least four abortive attempts to get the project up and running in the last decade and a half, floating bids for the redevelopment.

On October 1, the Maharashtra government floated a global tender for the redevelopment and rehabilitation of Dharavi after a failed attempt in 2019. Three companies have evinced interest in the project. After evaluation of the technical and financial eligibility of the bidders, one of the three companies will be shortlisted for the project by December 31.

While the authorities maintain that the redevelopment of Dharavi will change the face of Central Mumbai, slum dwellers and small-scale business units are worried about being moved out of Dharavi. The residents and business unit owners state that the authorities should ensure that they have complete clarity and rehabilitation is done in the same area, after providing a proper roadmap and obtaining consent.

Also Read
Three bidders vying for Mumbai’s Dharavi slum redevelopment
Smartworld Developers expect sales worth Rs 2.5 bn from retail project

Three companies, Adani Realty, DLF and Naman Group, have submitted bids for the over Rs 200 billion Dharavi redevelopment and rehabilitation project, which may finally take off after several failed attempts over the last 15 years or so. Dharavi, in Mumbai, is one of Asia's biggest slum clusters. Governments in Maharashtra have made at least four abortive attempts to get the project up and running in the last decade and a half, floating bids for the redevelopment. On October 1, the Maharashtra government floated a global tender for the redevelopment and rehabilitation of Dharavi after a failed attempt in 2019. Three companies have evinced interest in the project. After evaluation of the technical and financial eligibility of the bidders, one of the three companies will be shortlisted for the project by December 31. While the authorities maintain that the redevelopment of Dharavi will change the face of Central Mumbai, slum dwellers and small-scale business units are worried about being moved out of Dharavi. The residents and business unit owners state that the authorities should ensure that they have complete clarity and rehabilitation is done in the same area, after providing a proper roadmap and obtaining consent. Also Read Three bidders vying for Mumbai’s Dharavi slum redevelopment Smartworld Developers expect sales worth Rs 2.5 bn from retail project

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->