Tender for Dharavi Redevelopment which was floated in November 2018, could be cancelled. Sources say, the Committee of Secretaries met on Thursday, which is of the opinion to cancel the tender. Final decision lies with government now.

By Varun Singh

Tender for Redevelopment of Dharavi one of the biggest slums in the continent could be cancelled soon.

On Thursday according to sources, the Committee of Secretaries (CoS) met to take a call on the Dharavi Redevelopment tender. The committee’s suggestion is to cancel the tender, they will propose this to the state government which shall finally take a call on it.

The CoS has relied its suggestion on the advice by the Advocate General (AG), who advised for fresh tenders.

After floating the tender and receiving bids, the state government acquired 46 acres of land for Rs 800 crore from the Railway.

Post acquiring this land and making it a part of the Dharavi Redevelopment Project, the advice from the AG was sought, who advised for fresh tenders. Sources say the CoS has gone ahead with the same advice. Now, the state government will be deciding on the future of the tender.

Global tenders were floated in November 2018, for Dharavi Redeveloper Project

Hiten Shah of Seclink Group, which was the highest bidder in the last tender stated that, even he has heard from sources the same, though no official confirmation has reached either him yet.

Dharavi is spread over 240 hectare of land and is centrally located. It is close to Bandra Kurla Complex, the financial hub of Mumbai.

In January 2019, DRP had received two tenders of which Seclink group was the frontrunner for the redevelopment of Dharavi which, according to reports had quoted Rs 7,200 crore. 

The redevelopment of Dharavi has been planned upon since over one and half decade, and till date not much has moved here.

A detailed message sent to housing secretary SVR Srinivas and Chief Secretary, Sanjay Kumar, Urban Development Secretary Bhushan Gagrani got us no response.

Also Read: Dharavi Residents To Oppose Fresh Bids For Redevelopment.

Leave a Reply
You May Also Like

Festive Real Estate Market Sees Rs 350 Crore in Sales Over Dussehra Weekend

The Guardians Real Estate Advisory has achieved a significant milestone by recording Rs 350 crore in sales during the Dussehra weekend. This success underscores the positive buyer sentiment during the festive season, as families embrace the auspicious occasion to invest in real estate.

MahaRERA Dismisses NRI Homebuyer’s Plea, Says It Cannot Enforce Consumer Court Orders

MahaRERA has dismissed an NRI homebuyer’s complaint seeking interest on refund from the DSK Anandghan project, ruling that it cannot enforce consumer court orders. The order brings clarity on RERA’s jurisdiction and guides buyers to approach the correct forum for execution.

1% Greener Office = 3% More Thriving Employees

The Confederation of Indian Industry – Indian Green Building Council (CII-IGBC) and the Confederation of Danish Industry (DI) have released a first-of-its-kind research report proving that sustainable workplaces enhance employee thriving, engagement, and organizational profitability. Supported by IIM Ahmedabad, the multi-year study covers six Indian cities and offers robust evidence that green building practices go beyond environmental gains to deliver measurable business value.

RBI hikes repo rate by 25 bps to 6.5%, EMIs to get costlier

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the Monetary…