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Developers keen on Dharavi Slum rehabilitation

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According to the sources available with www.propertykhazana.com, India’s biggest Slum Dharavi inhabits a main place at the intersection of two rail user rail lines close to Mumbai. As of their place there is a fight among the inhabitants and the Govt. officers who need to destroy the slum and permit to construct apartments, office towers and manicure parks. Inhabitants who are here from 2000 will be alloted with new houses in another place in Dharavi as an alternate and the small apartments of 225 Sq.ft smaller than an inhabited American Garage, as an inflow of better-off folk and huge conglomerates will turn the locality into one of Mumbai’s trendy addressable.
The biggest slum does not robust into perfect ‘rising India’ particularly when the slum inhabits best land in a city where commercial rental fee can come to USD 2,000 per Sq.ft.
Besides to the closeness to the train lines, Dharavi is away for few miles from the airport, making it particularly striking place to Indian and Foreign businesspeople. Mukesh Mehta architect said to www.propertykhazana.com that, “You are discussing on a place which is incredible. This is the merely place in Mumbai where I can demolish 500 acres of property and redecorate.” His USD 3 Billion redevelopment proposal was taken on by the Maharashtra State Govt. in 2004, but it has been focused to recurring discuss and postponement. Every expenses are to be borne by the developers who will still get attractively from the heavy rentals imposed for companies and people Mehta calls ‘Mainstream’ by which he signifies the middle and upper classes. The slum inhabitants will take good residential than they have now.
Source: NBTVLIVE

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