The Adani Group's ambitious Dharavi redevelopment project is gaining traction as the Maharashtra government extends its support, aiming to house over a million residents in one of the world's largest slums.
Dharavi RedevelopmentAdani GroupMaharashtra GovernmentUrban RegenerationAffordable HousingReal Estate MaharashtraNov 23, 2024
The Dharavi Redevelopment Project (DRP) is a massive urban regeneration initiative aimed at improving the living conditions of over a million residents in Dharavi, one of the world's largest slums. The project involves the construction of new residential units, commercial spaces, and infrastructure improvements.
The Adani Group, led by billionaire businessman Gautam Adani, is leading the Dharavi Redevelopment Project. The project aims to provide modern housing and amenities to Dharavi's residents.
The Maharashtra government is providing legal and administrative support for the Dharavi Redevelopment Project. The government has amended the Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act and set up a special task force to oversee the project.
The main challenges faced by the Dharavi Redevelopment Project include the displacement of residents, the need for careful relocation and resettlement, and the preservation of Dharavi's unique industrial and cultural heritage.
The expected benefits of the project include improved living conditions, new economic opportunities, and the overall development of Mumbai's infrastructure and environment. The new residential units will provide safe and dignified housing for Dharavi's residents.
GJEPC promoted the growth of the jewellery industry in Maharashtra through a series of initiatives at Ignite Maharashtra, a significant event in the region.
Hyderabad and Navi Mumbai see majority of new real estate launches in plots rather than apartments, indicating a decline in apartment supply and absorption.
Maharashtra, Marathwada and Western Maharashtra in the recent past. Real Estate · Stocks · Auto · World · Education · Jobs · Lifestyle · About us
Dilip Buildcon's net profit surged threefold to Rs 235 crore in the second quarter, despite a decline in revenue from operations. The company attributes this strong performance to cost optimization and efficient project execution.
In a significant real estate transaction, DLF's joint venture, DCCDL, has sold the Kolkata Tech Park 1 to Primarc and RDB Group for a staggering Rs 637 crore, marking a milestone in the city's property market.
According to Savills India, the ongoing price movement demonstrates a strong demand base, reflecting the positive sentiment in the market. Data showed that Gurugram led the surge in under-construction luxury property values, with prices increasing up to 5