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Dharavi to get all new look

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It is reported at the www.propertykhazana.com that more or less five main land developers have been asked to take up the contentious venture to redevelop Dharavi, Asia’s biggest Slum. It is elongated about in an area of 1.75 kms along Mahim River in Central Mumbai and slum residences of 57,000 with dwellers about 300,000 people who are staying for free. The force has decided to dirt free the property for business and development of elite costly buildings. It is further said that Dharavi has 535 acres among suburbs of Sion and Kurla on one face and the tiny area of Bandra on the other side. Famous developers have revealed huge interest on the venture and it comprises of Delhi based DLF Ltd., Kalpataru Construction Pvt. Ltd., Group Unitech Ltd., Hiranandani Developers Pvt. Ltd. and companies belonging to Reliance Industries Group and Anil D Ambani Group, said senior officer at SRA.
Meantime, the data available at the www.propertykhazana.com says, the expected cost of the venture is Rs. 9,300 Crores which has customized from before opinion of Rs. 6,000 Crores. Maharashtra Govt. eagerly needs a huge renovation for Dharavi as a replica for other Slum Redevelopment ventures in the City and State. The Govt. had proposed to give an international tender for development of Dharavi in 2006, but it was upturned as Dharavi inhabitant’s remonstrated frightening dislocation and then SRA dropped the venture. For more information and updates regarding the project, kindly logon to www.propertykhazana.com.
Source: NIMMA BENGALURU

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