Race for Dharavi redevelopment between Adani, DLF, and Naman Group
Real Estate

Race for Dharavi redevelopment between Adani, DLF, and Naman Group

The Rs 200 billion Dharavi reconstruction project has received proposals from some of the top real estate firms, including the Adani Group, the DLF Group of Delhi, and the Naman Group of the city, reigniting expectations that Asia's largest slum cluster may finally receive an upgrade.

According to SVR Srinivas, CEO, Dharavi Redevelopment Authority, the project drew three bids after the government changed the terms and conditions to promote competition, in contrast to 2016 when no bids were submitted despite five extensions and 2018 when only two proposals were received.

Only three proposals were submitted November 15, the final day for submission, despite the fact that eight companies—including ones from South Korea and the UAE—had attended the pre-bid conference on October 11. Whether all three businesses have technical partners is unknown. The Dharavi tender conditions, in contrast to earlier ones, only permit two partners in a consortium: the lead partner, who must have a higher financial net worth, and the technical partner, who must have construction experience.

Also read:
Dharavi revamp: pact inked for 47.5 acres of railway land
BMC seeks consultant to make sewage water reusable


The Rs 200 billion Dharavi reconstruction project has received proposals from some of the top real estate firms, including the Adani Group, the DLF Group of Delhi, and the Naman Group of the city, reigniting expectations that Asia's largest slum cluster may finally receive an upgrade. According to SVR Srinivas, CEO, Dharavi Redevelopment Authority, the project drew three bids after the government changed the terms and conditions to promote competition, in contrast to 2016 when no bids were submitted despite five extensions and 2018 when only two proposals were received. Only three proposals were submitted November 15, the final day for submission, despite the fact that eight companies—including ones from South Korea and the UAE—had attended the pre-bid conference on October 11. Whether all three businesses have technical partners is unknown. The Dharavi tender conditions, in contrast to earlier ones, only permit two partners in a consortium: the lead partner, who must have a higher financial net worth, and the technical partner, who must have construction experience. Also read: Dharavi revamp: pact inked for 47.5 acres of railway land BMC seeks consultant to make sewage water reusable

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?