The Dharavi redevelopment project has become a battleground for Aaditya Thackeray and Devendra Fadnavis, with the Adani Group caught in the middle. Real estate entities in Mumbai are watching closely as the controversy unfolds.
Dharavi RedevelopmentAaditya ThackerayDevendra FadnavisAdani GroupMumbai Real EstateReal Estate NewsSep 27, 2024
The Dharavi redevelopment project is a multi-billion-dollar plan to transform Asia's largest slum in Mumbai.
Aaditya Thackeray, President of Yuva Sena, and Devendra Fadnavis, Deputy Chief Minister of Maharashtra, are at the center of the controversy, with the Adani Group caught in the middle.
The Adani Group has been awarded the contract for the Dharavi redevelopment project.
The TDR controversy refers to the alleged stockpiling of development rights by the Adani Group, which could be sold for large profits to other real estate entities in Mumbai.
The Yuva Sena, led by Aaditya Thackeray, has expressed concerns over the project and accused the government of handing over large sections of Mumbai to private developers without ensuring enough public benefit.
The Confederation of Real Estate Developers' Associations of India (CREDAI) is set to host three property shows in Hyderabad from August 2, featuring RERA-approved properties and government policies aimed at boosting the real estate sector.
Habitat for Humanity India hands over 15 climate-resilient homes to vulnerable families in Pune's Khed taluka
A 34-year-old real estate agent from Bengaluru, who was searching for a bride, became the victim of a deceitful scheme orchestrated by a gang of women and individuals. The incident highlights the risks associated with online matchmaking and the importance
Australian shares saw a significant boost on Tuesday, driven primarily by the banking and real estate sectors. This surge comes as investors anticipate the unveiling of the government's general budget.
The latest report from Knight Frank reveals a 9% drop in affordable homes sales between January and March, highlighting ongoing challenges in the housing market.
A massive fire broke out at the Enforcement Directorate (ED) office building in Mumbai, prompting the immediate deployment of 12 fire tenders. Authorities are working tirelessly to control the situation, with no reports of casualties so far.