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

Flat In Dev’s Anand Sold For Rs 1.02 Lakh Per Sq Ft

Dev Anand once owned this place, now here stands a high rise…

MHADA Lottery For 7,500 Homes In Thane & Kalyan

Konkan Board of MHADA has decided that to put 7,500 homes in…

Mumbai sees more property registrations in Feb 2024 but collects less stamp duty than previous year

Mumbai real estate market witnessed a significant upturn in February 2024, with…

Feb 2021 Sells 10172 Units, In Feb 2020 It was 5927

Feb 2021 has created a history, in the real estate industry. In…