Dharavi Redevelopment: Open Spaces Get a Breather
The Dharavi redevelopment project has received a relaxation in open spaces, paving the way for a vital public purpose project.
Dharavi RedevelopmentOpen SpacesVital Public Purpose ProjectRelaxationDevelopment Plan 2034Real Estate MaharashtraSep 24, 2024
The relaxation, which was granted by the Slum Rehabilitation Authority (SRA), will enable the developers to construct buildings with a higher floor space index (FSI), thereby increasing the density of the area. This move is expected to benefit the residents of Dharavi, who will now have access to better housing and amenities.
However, the relaxation has also raised concerns about the structural safety and public safety of the area. The SRA has assured that all necessary precautions will be taken to ensure that the construction is carried out in a safe and sustainable manner.
The Dharavi redevelopment project is a vital public purpose project that aims to provide better housing and amenities to the residents of the area. The project is expected to be completed in the next few years and will transform the face of Dharavi forever.
In other news, the Godrej Capital has announced its plans to enter the affordable housing loan segment by December this year. The company, which is a part of the Godrej Group, has already started offering home loans to customers and plans to expand its operations in the coming months.
Signature Global, a leading real estate developer, has awarded a Rs 3.20 billion construction contract to ACC India. The contract is for the construction of a new residential project in Gurgaon, which will feature over 1,000 apartments.
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. The expo will feature over 100 exhibitors and will provide a platform for construction companies to showcase their products and services.
The Cochin International Airport Ltd (CIAL) is poised to invest Rs 700 crore in the expansion of its international terminal. The expansion, which is expected to be completed in the next few years, will increase the terminal's capacity to accommodate 44 aircraft.
Uno Minda Ltd has announced its plans to invest over Rs 610 crore to establish a new manufacturing facility in Indonesia and expand its production capacity in India. The company's wholly-owned subsidiary, PT Minda Asean Automotive (PTMA), has received additional orders for long tail lamps for passenger cars from original equipment manufacturers (OEMs) in Indonesia.
\n\nCIAL to award Rs 700 crore for international terminal expansion\nCochin International Airport Ltd (CIAL) is poised to invest Rs 700 crore in the expansion of its international terminal, with construction set to begin in December. Upon completion, the terminal will accommodate 44 aircraft, an increase from the current capacity of 36.\nAn official commented, \
Frequently Asked Questions
What is the Dharavi redevelopment project?
The Dharavi redevelopment project is a vital public purpose project that aims to transform the sprawling slum in Mumbai into a modern and sustainable neighborhood.
What is the relaxation in open spaces?
The relaxation in open spaces refers to the permission granted by the Slum Rehabilitation Authority (SRA) to construct buildings with a higher floor space index (FSI), thereby increasing the density of the area.
What are the benefits of the Dharavi redevelopment project?
The Dharavi redevelopment project will provide better housing and amenities to the residents of the area, and will transform the face of Dharavi forever.
What is the expected completion date of the Dharavi redevelopment project?
The Dharavi redevelopment project is expected to be completed in the next few years.
What is the expansion plan of the Cochin International Airport Ltd (CIAL)?
The Cochin International Airport Ltd (CIAL) plans to invest Rs 700 crore in the expansion of its international terminal, which will increase the terminal's capacity to accommodate 44 aircraft.
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