The Adani Group will not acquire land in the Dharavi slum redevelopment project, but will instead construct housing and commercial units for the Maharashtra government.
Dharavi Slum RedevelopmentAdani GroupMaharashtra GovernmentHousingSlum RehabilitationReal Estate NewsJun 16, 2024
No, the land will not be transferred to the Adani Group, but to various Maharashtra government departments.
The project aims to provide improved living standards and amenities, transforming the area into a thriving urban center, while preserving its unique character and heritage.
No, sources have dismissed such claims as fictional and aimed at creating unnecessary anxiety. The project ensures that no resident of Dharavi will be displaced.
The project offers free and highly concessional housing, along with exemptions on stamp duty and property tax, 10 years of free maintenance, and allows for 10% commercial space within residential premises.
The Tender has set strict timelines for project completion, with penalties for any delays.
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