E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. News/Views

Dharavi Redevelopment Acquires RLDA 27.6 Acres Land

Dharavi Redevelopment Acquires RLDA 27.6 Acres Land

BY Realty Plus
Published - Thursday, 04 Apr, 2024
Dharavi Redevelopment Acquires RLDA 27.6 Acres Land

The Dharavi redevelopment project, aimed at rehabilitating residents of Asia's largest slum, has achieved a significant milestone with the acquisition of 27.6 acres of land from the Railway Land Development Authority (RLDA), out of the 45 acres required. This land will be utilized to construct modern housing and recreation facilities for railway employees, as well as rehabilitation apartments for eligible tenement holders in Dharavi.

Administered by the DRP, a state government nodal agency, the project spans across 600 acres of land, accommodating nearly 12 lakh residents. In a letter addressed to the deputy chief engineer of DRP on March 13, RLDA's deputy general manager, Sanjeev Jain, mentioned the revised layout plan for development, which had been approved by the railways with certain observations.

As per DRP the remaining land would soon be acquired. Architect Hafeez Contractor is tasked with designing the complex and Dharavi township.

The DRP has committed to completing the entire complex, spread over approximately one million square feet, within three years of receiving the commencement certificate. The complex will comprise four multi-storey apartment blocks, including 821 flats on 36 floors with modern amenities, a sport-cum-recreation complex, and a contemporary administrative building.

 For the land acquisition, the DRP has paid Rs 1,000 crore to the railways, with an additional Rs 2,800 crore to be handed over after 17 years through minimum revenue sharing from the proceeds of Dharavi redevelopment. The 27.6 acres acquired includes 15 acres of encroached land with 5,000 tenements.

 

RELATED STORY VIEW MORE

Kochi: How the Port City Became a Flexible Office Powerhouse
Tata Capital Housing Q2 Profit Rises 28%, AUM Crosses Rs. 75,000Cr
Assam Real Estate: Top 5 Residential Areas to Invest in Guwahati

TOP STORY VIEW MORE

BMC to Auction Four Mumbai Properties, Targeting Rs 120 Crore Revenue

For the first time in 40 years, BMC will auction four Mumbai properties online, aiming to raise Rs 120 crore and boost city revenue.

25 October, 2025

Maharashtra Set to Modernize Governance of Cooperative Housing Societies

25 October, 2025

Blackstone to Acquire 9.99% Stake in Federal Bank for Rs. 6,196 Crore

25 October, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website