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.

A Mumbai-based real estate developer and CEO have been booked for allegedly forging documents and duping a partner of ₹13.65 crore in a Bhandup land deal.

According to data from the Inspector General of Registration (IGR), Maharashtra, property registrations in Mumbai witnessed a remarkable 22% year-over-year increase, with 11,861 homes registered in October 2024, compared to 9,736 in November 2023.

Zoho CEO Sridhar Vembu discusses the potential deflation of the AI bubble and emphasizes the enduring importance of real engineering work in the tech industry.

The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.

Mumbai witnessed a surge in property registration in March 2025, driven by the impending hike in reckoner rates set to take effect from April 2025. This surge highlights the robust demand in the city's real estate market.

Real estate deal volumes soared by 133% in the first quarter of 2025, driven predominantly by private equity (PE) investments, which accounted for 88% of the total transactions.