The Supreme Court has rejected the request to maintain the status quo on the Dharavi redevelopment project, which has seen the Adani Group emerge as the highest bidder. The 259-hectare project in the heart of Mumbai aims to transform one of the world's la
DharaviRedevelopmentAdani GroupMumbaiUrban RenewalReal Estate MumbaiMar 08, 2025
The Dharavi redevelopment project is a large-scale urban renewal initiative aimed at transforming Dharavi, one of the world's largest slums located in Mumbai, into a modern, sustainable urban area. It includes the construction of new residential buildings, commercial spaces, and public amenities.
The Adani Group, led by billionaire Gautam Adani, emerged as the highest bidder for the Dharavi redevelopment project with a bid of Rs 16,000 crore (approximately $2 billion).
Main concerns include the potential displacement of residents, the adequacy of compensation, and the risk of gentrification. Activists and community groups have raised these issues to ensure that the project is inclusive and equitable.
The government and the Adani Group have emphasized the importance of community involvement in the planning and implementation process. There are provisions for the relocation of families, creation of job opportunities, and preservation of cultural heritage.
The Supreme Court has denied the request to maintain the status quo on the Dharavi redevelopment project, allowing the project to proceed. This decision adds legal certainty to the project but also highlights the need for transparent and accountable governance.
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