Get access to Exclusive Content for Free. Join Us Now!

Explore Aurum kuberx Click here to explore

/Media/Dharavi Re...

Dharavi Redevelopment: Transforming Dreams into Reality

20th January 2025

4 Min Read

Construction work for the Dharavi Redevelopment Project is set to commence on a 6.4-acre parcel of railway land in Matunga West, central Mumbai. SVR Srinivas, CEO of the Dharavi Redevelopment Project (DRP), confirmed that the much-awaited commencement certificate (CC) has been granted for this phase, paving the way for rehabilitation and construction.

"This approval marks a significant milestone in the Dharavi redevelopment journey," said Srinivas. The project, aimed at transforming Dharavi into a modern urban landscape, has now gained momentum, with work expected to begin imminently.

Survey and Scope

In August 2024, officials surveyed approximately 10,000 tenements to determine eligibility for the rehabilitation scheme. The total number of eligible and ineligible households is expected to be finalized by March 2025. Srinivas emphasized that both categories would be provided housing, requiring an additional 550 acres of land for ineligible tenements, a request still under consideration.

A Visionary Collaboration

The Dharavi Redevelopment Project Pvt Ltd, now rebranded as Navbharat Mega Developers Private Limited (NMDPL), is a joint venture between the Maharashtra government and the Adani Group. Renowned as the world's largest urban rejuvenation initiative, it aims to transform the 600-acre Dharavi area, with 296 acres marked for redevelopment.

Adani Group, which secured the project in November 2022 with an initial bid of ₹5,069 crore for the ₹20,000-crore venture, has enlisted acclaimed architect Hafeez Contractor and planners oversee transformation This initiative is not only a major infrastructure project but also a beacon of hope for the 0.7 million residents of Dharavi, Asia's largest slum cluster.

A Slumdog Millionaire Legacy

Dharavi, famously featured in the Oscar-winning film Slumdog Millionaire, holds a unique place in Mumbai's cultural and social fabric. The redevelopment project represents a step toward modernizing this iconic area, ensuring sustainable living for its residents and aligning with Mumbai's vision of becoming a slum-free city.

A New Chapter of Urban Renewal

With work beginning soon, the Dharavi Redevelopment Project promises to usher in a new chapter of urban renewal and upliftment for millions.

Unlock the Latest in Real Estate

Reach Out to Us

Data that drives action. Insight that inspires action. Technology that empowers action.“

Aurum Proptech

© PropTech Pulse 2025, All rights reserved.

Terms of Use and Privacy Policy