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Dharavi Redevelopment Seeks 15 Acres From MMRDA & 12 Acres From BEST

Dharavi Redevelopment Seeks 15 Acres From MMRDA & 12 Acres From BEST

BY Realty Plus
Published - Friday, 21 Jun, 2024
Dharavi Redevelopment Seeks 15 Acres From MMRDA & 12 Acres From BEST

Dharavi Redevelopment Project Pvt. Ltd. (DRPPL), a special purpose vehicle (SPV) formed by the state government and the Adani group, has requested 15 acres of land in BKC on a five-year lease from the Mumbai Metropolitan Region Development Authority (MMRDA). In November 2022, the Adani group won the bid to redevelop Dharavi with an initial investment of Rs 5,069 crore.

DRPPL intends to use this BKC land, previously a Metro works casting yard, for storing heavy machinery necessary for Dharavi's redevelopment.

DRPPL is actively seeking land outside the Dharavi slum area to facilitate this massive project. Railway Land Development Authority (RLDA) has transferred 27.57 acres, including the scrapyard near Mahim station, to DRPPL on March 13, 2024. This land is crucial for the project, which spans 600 acres and houses nearly 12 lakh residents. Without this railway land, the redevelopment cannot progress, as DRPPL plans to build around 1-1.5 lakh tenements of 350 square feet each for eligible residents.

Additionally, DRPPL has requested 12 acres of land from the Brihanmumbai Electric Supply and Transport (BEST) undertaking. The sought-after land includes two prominent bus depots in Sion East — Dharavi and Kalakilla. These depots, built in 1980 and January 2016 respectively, have a total parking capacity for about 300 buses. The 12-acre area also accommodates the BEST transport division, power supply division offices, staff housing for 60 personnel, and amenities for drivers and conductors.

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