DRP rejects favouritism claims, cites delay tactics in Dharavi Project

20 Nov 2023 CW Team

The Dharavi Redevelopment Project (DRP), led by the Adani Group, dismissed allegations of favouritism in the matter. In a statement, DRP, which also counts the Maharashtra government as a stakeholder, stated that "vested interests" were trying to hinder or postpone the project, which holds a revenue potential of Rs 200 billion.

The Opposition Congress claimed that the BJP government was 'benefitting' the Adani Group by easing norms for the Dharavi redevelopment project in Mumbai. Jairam Ramesh, its general secretary, accused the Maharashtra Urban Development Department, which had initially expressed reservations about relaxing the rules, of being "compelled to issue a notification that removes the provision of indexation in Dharavi's real estate Transferable Development Rights (TDR) and makes it mandatory for all Mumbai builders to purchase the first 40 per cent of their TDRs from Adani."

The DRP's statement referred to the efforts to "manufacture a controversy" around TDR generation as "unfortunate." It asserted that the generation of TDR within the Dharavi Notified Area (DNA) had been allowed since the Government Resolution (GR) of 2018, modified in the GR of 2022. The statement reminded that both developments occurred before the issuance of the tender for the redevelopment in 2022.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..