Maharashtra Clears Kurla Plot Transfer for Dharavi Redevelopment
Real Estate

Maharashtra Clears Kurla Plot Transfer for Dharavi Redevelopment

The Maharashtra Cabinet on Tuesday approved amendments to the terms of the land transfer agreement, paving the way for the transfer of an 8.5-hectare (21-acre) Dairy Development Department plot in Kurla to the Dharavi Redevelopment Project (DRP). The plot, which formerly housed the now-defunct state-run Mother Dairy unit, will be used to construct rehabilitation tenements for Dharavi’s ineligible residents.

The Cabinet, chaired by Chief Minister Devendra Fadnavis, aligned the transfer agreement with the latest policy framework of the Housing and Urban Development Department. This amendment aims to facilitate smoother implementation of the Rs 20,000 crore DRP, one of India’s largest urban renewal initiatives.

The Kurla land was officially transferred through a government resolution on 14 June 2024 and will now be handed over to the Dharavi Redevelopment Project-Slum Rehabilitation Authority (DRP-SRA), which acts as the project’s planning authority.

Navbharat Mega Developers Private Limited (NMDPL), the special purpose vehicle (SPV) responsible for executing the redevelopment, recently sought environmental clearance from the State Environment Impact Assessment Authority (SEIAA) to construct rehabilitation housing on the Kurla plot, which contains a significant number of trees.

Dharavi’s redevelopment involves the rehabilitation of approximately 850,000 residents. While around 500,000 eligible families will be housed within the project’s 620-acre boundary, the remaining 350,000 ineligible or displaced families are to be resettled on alternative land.

The Kurla site is one of five plots, together covering 540 acres within and outside Mumbai, earmarked for this purpose. These plots will provide rental housing for ineligible residents, supplementing 118.4 acres within Dharavi reserved for commercial development and in-situ rehabilitation.

State officials said the Cabinet’s approved amendments are crucial to unlocking the Kurla plot for early rehabilitation construction. The move aligns with Maharashtra’s “Housing for All” mission and is expected to support not only housing but also civic infrastructure such as schools, hospitals, and commercial spaces in the new rehabilitation zones.


The Maharashtra Cabinet on Tuesday approved amendments to the terms of the land transfer agreement, paving the way for the transfer of an 8.5-hectare (21-acre) Dairy Development Department plot in Kurla to the Dharavi Redevelopment Project (DRP). The plot, which formerly housed the now-defunct state-run Mother Dairy unit, will be used to construct rehabilitation tenements for Dharavi’s ineligible residents.The Cabinet, chaired by Chief Minister Devendra Fadnavis, aligned the transfer agreement with the latest policy framework of the Housing and Urban Development Department. This amendment aims to facilitate smoother implementation of the Rs 20,000 crore DRP, one of India’s largest urban renewal initiatives.The Kurla land was officially transferred through a government resolution on 14 June 2024 and will now be handed over to the Dharavi Redevelopment Project-Slum Rehabilitation Authority (DRP-SRA), which acts as the project’s planning authority.Navbharat Mega Developers Private Limited (NMDPL), the special purpose vehicle (SPV) responsible for executing the redevelopment, recently sought environmental clearance from the State Environment Impact Assessment Authority (SEIAA) to construct rehabilitation housing on the Kurla plot, which contains a significant number of trees.Dharavi’s redevelopment involves the rehabilitation of approximately 850,000 residents. While around 500,000 eligible families will be housed within the project’s 620-acre boundary, the remaining 350,000 ineligible or displaced families are to be resettled on alternative land.The Kurla site is one of five plots, together covering 540 acres within and outside Mumbai, earmarked for this purpose. These plots will provide rental housing for ineligible residents, supplementing 118.4 acres within Dharavi reserved for commercial development and in-situ rehabilitation.State officials said the Cabinet’s approved amendments are crucial to unlocking the Kurla plot for early rehabilitation construction. The move aligns with Maharashtra’s “Housing for All” mission and is expected to support not only housing but also civic infrastructure such as schools, hospitals, and commercial spaces in the new rehabilitation zones.

Next Story
Infrastructure Energy

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Next Story
Infrastructure Energy

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Next Story
Infrastructure Energy

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App