Explore the ambitious urban redevelopment project in Dharavi, Mumbai, spearheaded by CIDCO. Discover how this initiative aims to modernize one of Asia's largest slums while preserving its cultural heritage.
DharaviCidcoUrban RedevelopmentMumbaiSustainable DevelopmentReal Estate MaharashtraApr 28, 2025
The Dharavi Redevelopment Project (DRP) is an ambitious urban redevelopment initiative aimed at modernizing Dharavi, one of Asia's largest slums, while preserving its cultural heritage. The project, led by CIDCO, involves constructing new residential buildings, improving infrastructure, and creating green spaces.
The DRP aims to benefit over 300,000 residents by providing better housing, sanitation, and access to essential services. It also includes provisions for skill development and job creation, which will help the local economy thrive.
CIDCO is working to ensure that existing residents are not displaced and are provided with adequate compensation for their homes and businesses. The project includes provisions for inclusive development and regular consultations with local communities.
The new Dharavi will be designed to be energy-efficient and environmentally sustainable, with features such as solar panels, rainwater harvesting systems, and green roofs. The project also includes the construction of community centers, schools, and healthcare facilities.
CIDCO has been working closely with local communities, NGOs, and urban planners to address challenges such as displacement concerns and the preservation of Dharavi's industrial activities. Regular consultations and awareness campaigns have been conducted to ensure that the voices of the residents are heard.
As the luxury residential real estate market in Delhi NCR faces a slowdown, developers and investors are bracing for a potential price correction.
The city's residential market has dramatically transformed, establishing itself as one of India's most dynamic and sought-after real estate destinations.
In a bid to boost Mumbai's connectivity, Prime Minister Narendra Modi is set to inaugurate the city's first underground metro line, alongside other major projects in Maharashtra, including solar parks and FPOs.
Mumbai: In a significant move to regulate the real estate sector, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued show-cause notices to 10,773 'lapsed' projects registered with it since May 2017.
President Donald Trump has made it clear that under his peace plan, Palestinians will not have the right to return to Gaza. This controversial decision has sparked debate and criticism from various quarters.
In a rapidly fluctuating financial landscape, alternative investment funds have emerged as a potential haven for investors. This article explores the stability and benefits of alternative investments such as real estate investment trusts (REITs), venture