Corporate Grapevine     

Published: January 31, 2024
Updated: January 31, 2024

Adani ‘betting on’ Dharavi project

All eyes are on the redevelopment of the Dharavi slum in Mumbai. The Dharavi Redevelopment Project (DRPPL), a joint venture between the Adani group and the government of Maharashtra, is offering eligible residents in Dharavi flats with independent kitchens and toilets measuring a minimum 350 square feet in carpet area, which is a whopping 17 per cent more than earlier entitlements and the highest among slum redevelopment projects in Mumbai. This is expected to go up to 500 square feet in carpet area as the residents have demanded 600 square feet in carpet area.

Earlier, dwellers of informal settlements in Maharashtra were given houses measuring 269 square feet. Since 2018, the state government started giving them homes measuring between 315 square feet and 322 square feet, in line with the minimum area mandated under the Pradhan Mantri Awas Yojana for houses for the urban poor.

The Dharavi redevelopment has put all the focus on Adani. If this project is a success, it will catapult both Adani and Dharavi into the big league.