The Dharavi slum redevelopment project aims to provide housing and commercial spaces, ensuring no displacement of Dharavi residents.
Adani GroupDharaviSlum RedevelopmentHousingCommercial SpacesReal Estate NewsJun 16, 2024
No, the Adani Group will not own any land in the project. The land parcels will be transferred to the Maharashtra government's departments.
The project aims to provide housing and commercial spaces, ensuring no displacement of Dharavi residents and improving their quality of life.
The tenements will be handed over to DRP/SRA for allocation to residents of Asia's biggest slums, based on survey findings.
The state government will support the project by giving land to its own DRP/SRA department, as per the state support agreement.
The project includes additional initiatives such as sustainable multi-modal transport systems, state-of-the-art infra utilities, and vocational-based skilling for youth and other wage aspirants of Dharavi.
India's residential real estate market is booming, with luxury home sales reaching new heights across major cities, particularly in Hyderabad.
Real estate giant DLF Ltd. has reported a staggering 122% year-on-year jump in its consolidated profit after tax (PAT) for the quarter ended September 30, 2023. This impressive performance highlights the company's strong foothold in the Indian real estate
In a surprising turn of events, property registrations in Mumbai saw a 5% increase in November, recording over 10,200 units. This positive trend comes despite a slight decline from the previous month's figures.
The Surat chapter of CREDAI (Confederation of Real Estate Developers' Associations of India) strongly opposes the proposed increase in jantri rates, highlighting the potential harm to the real estate sector.
Nirala World, a leading real estate developer, has made a significant move by acquiring 2.5 acres of land in Greater Noida for Rs 1.75 billion. This purchase marks a strategic expansion for the company, aiming to capitalize on the growing demand for resid
NBCC, the state-owned real estate company, successfully sold 1,233 flats in Greater Noida, generating a sale value of ₹3,217 crore. The funds will be used to complete the stalled projects of the Amrapali Group.