Thackeray Urges Fresh Tender for Dharavi Redevelopment
Real Estate

Thackeray Urges Fresh Tender for Dharavi Redevelopment

Former Maharashtra Chief Minister Uddhav Thackeray has urged the state government to scrap the existing Dharavi redevelopment project tender awarded to Adani Realty and issue a fresh one. Thackeray highlighted concerns over transparency and fairness in the current process.

The Dharavi redevelopment project, valued at over ?200 billion, aims to transform the slum into a modern urban area. However, the award of the tender to Adani Realty has faced criticism from various quarters, including political opponents and local activists.

Thackeray emphasised the importance of ensuring that the redevelopment benefits Dharavi's residents and accused the government of rushing the tender process without adequate stakeholder consultation. He suggested that a new tender would promote competitiveness and ensure better outcomes for the community.

The Dharavi Redevelopment Authority (DRA) has been tasked with overseeing the project, which involves the rehabilitation of thousands of families and businesses. The project's scale and impact make transparency and accountability crucial.

In response to Thackeray's statements, the Maharashtra government has maintained that the tender process was conducted legally and transparently. However, they have not ruled out the possibility of reviewing the situation.

The call for a fresh tender reflects ongoing debates about urban redevelopment in Mumbai, highlighting the need to balance development goals with social and community concerns. The Dharavi project remains a focal point for discussions about urban planning and redevelopment in one of the world's largest slums.

Former Maharashtra Chief Minister Uddhav Thackeray has urged the state government to scrap the existing Dharavi redevelopment project tender awarded to Adani Realty and issue a fresh one. Thackeray highlighted concerns over transparency and fairness in the current process. The Dharavi redevelopment project, valued at over ?200 billion, aims to transform the slum into a modern urban area. However, the award of the tender to Adani Realty has faced criticism from various quarters, including political opponents and local activists. Thackeray emphasised the importance of ensuring that the redevelopment benefits Dharavi's residents and accused the government of rushing the tender process without adequate stakeholder consultation. He suggested that a new tender would promote competitiveness and ensure better outcomes for the community. The Dharavi Redevelopment Authority (DRA) has been tasked with overseeing the project, which involves the rehabilitation of thousands of families and businesses. The project's scale and impact make transparency and accountability crucial. In response to Thackeray's statements, the Maharashtra government has maintained that the tender process was conducted legally and transparently. However, they have not ruled out the possibility of reviewing the situation. The call for a fresh tender reflects ongoing debates about urban redevelopment in Mumbai, highlighting the need to balance development goals with social and community concerns. The Dharavi project remains a focal point for discussions about urban planning and redevelopment in one of the world's largest slums.

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Infrastructure Energy

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement