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.
Benaka Developers, a well-known real estate company, is making waves in the gaming industry with the launch of Cards Royale, a game that combines their legacy of reliability with cutting-edge technology.
A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.
Mumbai's real estate sector has reported a significant 12% year-on-year increase in property registrations for June 2024, driven by strong demand and economic stability.
January 23rd, 2025: A report by real estate consultancy Colliers ranks Nagpur as the leading emerging city, followed closely by Jaipur and Lucknow. These cities are set to make significant strides in the real estate sector over the next decade.
Vibe Realty, a forward-thinking real estate development company, has made a significant mark in Pune by securing a joint development project of 1.03 million square feet. This move underscores the company's commitment to creating landmark properties that meet international standards.
The dumping of toxic debris at Thane's Balkum mangroves is raising serious environmental concerns. This practice not only threatens the local ecosystem but also jeopardizes the health of nearby communities. Immediate action is required to address this issue and protect the natural habitat.