Dharavi, Asia’s largest slum, stands at a crossroads as ambitious redevelopment plans spark significant concerns among residents and stakeholders. The project aims to upgrade living conditions and infrastructure while preserving the community’s economic and social fabric.
DharaviRedevelopmentMumbaiUrban PlanningSustainabilityReal Estate MumbaiMay 27, 2025
Dharavi's industries, which include pottery, leatherwork, recycling, and garment manufacturing, contribute an estimated annual turnover of ₹10,000 crore.
Dharavi is a coveted real estate hub due to its connectivity to Mumbai’s transport infrastructure, including suburban railways, metro lines, and the coastal road. Projected land values near Dharavi could soar above ₹50,000 per sq. ft.
The main challenges in Dharavi's redevelopment include preserving the unique social and economic character of the area, ensuring environmental sustainability, and providing inclusive housing for all residents, including those who are ineligible.
Transferable development rights (TDR) are used to enable redevelopment by allowing developers to acquire a significant portion of their TDR from the Dharavi project’s special purpose vehicle.
The estimated timeline for the Dharavi redevelopment project is a decade, during which the relocation of residents and businesses will be a significant challenge.
Sharad Pawar predicts MVA will win 225 seats in Maharashtra assembly polls, citing people's desire for change
315Work Avenue leases additional 56,000 sq ft office space at ITPP, Pune, aiming to expand significantly in the near future.
The Indian Real Estate Investment Trusts (REITs) Association has announced the appointment of Alok Aggarwal as its new Chairman. The founding members of the association include prominent entities such as Brookfield India Real Estate Trust, Embassy Office
Despite a challenging December quarter, real estate consultant PropTiger reports a 6% increase in residential property sales in 2024, with a total of 436,992 units sold compared to 410,791 in the previous year.
A complaint has been filed against Malkajgiri MP Etela Rajender and a group of individuals for allegedly assaulting a real estate broker in Ekashila Nagar, Pocharam Municipality.
With a strong focus on consistent delivery, a diversified portfolio, and a visionary approach, Orris Group is setting new benchmarks in the competitive real estate market of Delhi-NCR.