Maharashtra to invite fresh bids for Dharavi redevelopment
Real Estate

Maharashtra to invite fresh bids for Dharavi redevelopment

The Maharashtra cabinet has decided to invite fresh bids for the Dharavi Redevelopment Project in Mumbai and offer additional benefits. This decision taken by the cabinet, headed by Chief Minister Eknath Shinde, also entails formation of a special purpose vehicle (SPV) for the major infrastructure project.

This will also include the terms and conditions laid down by the Rail Land Development Authority (RLDA). The concession has been offered looking at the overall slowdown in the market compounded with Covid-19 pandemic, a government statement said. The redevelopment of Dharavi, the biggest slum in Asia, will throw open over 600 acres of prime land, but the project has met with hurdles over the last two decades.

See also:
Maha govt no longer needs to approve Mhada redevelopment projects
Entertainment city promoters consider selling Noida land


The Maharashtra cabinet has decided to invite fresh bids for the Dharavi Redevelopment Project in Mumbai and offer additional benefits. This decision taken by the cabinet, headed by Chief Minister Eknath Shinde, also entails formation of a special purpose vehicle (SPV) for the major infrastructure project. This will also include the terms and conditions laid down by the Rail Land Development Authority (RLDA). The concession has been offered looking at the overall slowdown in the market compounded with Covid-19 pandemic, a government statement said. The redevelopment of Dharavi, the biggest slum in Asia, will throw open over 600 acres of prime land, but the project has met with hurdles over the last two decades. See also: Maha govt no longer needs to approve Mhada redevelopment projectsEntertainment city promoters consider selling Noida land

Next Story
Products

unWOOD transforms plastic waste into durable wood alternative

unWOOD, a breakthrough innovation, is converting hard-to-recycle plastic waste into a durable alternative to natural wood. Developed through a proprietary process called Intelligent Compounding, unWOOD uses a Macro Molecular Fiber Matrix (MMFM) structure to replicate the strength, look, and feel of hardwood—without the environmental cost.Conceptualised by Dr Babu Padmanabhan, the material addresses key flaws in traditional plastic recycling by consuming minimal energy, using zero water, and generating no microplastics. “Any application that introduces plastics into areas where it cannot be..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Next Story
Infrastructure Urban

Postal Dept Unveils Stamp Honouring 125 Years of Kodaikanal Observatory

The Department of Posts is proud to release a commemorative postage stamp celebrating 125 years of the Kodaikanal Solar Observatory (KSO). Recognising the legacy of the KSO through this special stamp is a fitting tribute to one of India’s most significant scientific institutions and highlights the nation’s long-standing contribution to global science.The Commemorative stamp was released by S Rajendra Kumar, Chief Postmaster General, Karnataka Circle in the gracious presence of A S Kiran Kumar, Chairperson, Governing Council, IIA and Former Chairman, ISRO and other esteemed guests at Indian..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?