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Key FactsOfficial says Adani-led Dharavi project struggles for land
Aug 25, 2024 · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
  • The joint venture led by Adani won the $619 million bid in 2023 and plans to transform the 240-hectare slum into a modern city hub.

  • Only residents who lived in Dharavi before 2000 are to receive free homes, while at least 580 acres are needed for about 700,000 people deemed ineligible.

  • The joint venture applied to several local and federal agencies for additional land but has secured none so far, SVR Srinivas said, because those agencies have their own plans.

  • The project began with a survey in March, and its backers aim to finish construction within seven years, while Srinivas expects delays without land.
  • Yes, without land, the project cannot take place, so that is a very critical factor for doing the project on time.
    — SVR Srinivas, head of the Dharavi Redevelopment Authority, on land acquisition in Mumbai (as quoted by Reuters).