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	<item>
		<title>Dharavi Koliwada Boundary Dispute: Maharashtra Forms Panel to Finalise Demarcation</title>
		<link>https://squarefeatindia.com/dharavi-koliwada-boundary-dispute-maharashtra-forms-panel-to-finalise-demarcation/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Thu, 16 Apr 2026 02:42:00 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[BMC Mumbai]]></category>
		<category><![CDATA[Dharavi Koliwada]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[fishing community Mumbai]]></category>
		<category><![CDATA[Koliwada boundary]]></category>
		<category><![CDATA[land records Maharashtra]]></category>
		<category><![CDATA[Maharashtra Government]]></category>
		<category><![CDATA[Mumbai land demarcation]]></category>
		<category><![CDATA[Urban Development Mumbai]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=12461</guid>

					<description><![CDATA[<p>Maharashtra has formed a high-level committee to resolve the Dharavi Koliwada boundary dispute, a move that could significantly impact redevelopment plans and the rights of local fishing communities.</p>
<p>The post <a href="https://squarefeatindia.com/dharavi-koliwada-boundary-dispute-maharashtra-forms-panel-to-finalise-demarcation/">Dharavi Koliwada Boundary Dispute: Maharashtra Forms Panel to Finalise Demarcation</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>In a significant development for one of Mumbai’s oldest fishing communities, the Government of Maharashtra has formed a <strong>high-level committee to finalise the boundary demarcation of Dharavi Koliwada</strong>.</p>



<p>The move comes after multiple objections were raised over the proposed boundary map, delaying clarity on land limits in the area.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading"><strong>Why This Committee Has Been Formed</strong></h2>



<p>The issue of defining boundaries for Koliwadas (traditional fishing villages) in Mumbai has been under discussion for years.</p>



<p>A survey map prepared in <strong>2018 by the Mumbai City Collector’s office</strong> had proposed boundaries for Dharavi Koliwada. However, several stakeholders—including the Dharavi Redevelopment Project—raised objections to the demarcation.</p>



<p>Following these objections, a meeting was held on <strong>April 8, 2026</strong>, involving local representatives and fishing community groups. Based on the discussions, the government decided to set up a committee to review the matter and make final recommendations.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading"><strong>Who Is in the Committee</strong></h2>



<p>The committee will be chaired by the <strong>Konkan Divisional Commissioner</strong> and includes senior officials from multiple departments such as:</p>



<ul class="wp-block-list">
<li>Land Records Department</li>



<li>Brihanmumbai Municipal Corporation</li>



<li>Mumbai City and Suburban Collector offices</li>



<li>Environment Department</li>



<li>Fisheries Department</li>
</ul>



<p>The Deputy Director of Land Records (Konkan region) will act as the <strong>Member Secretary</strong>.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading"><strong>What the Committee Will Do</strong></h2>



<p>The panel has been given a clear mandate:</p>



<ol class="wp-block-list">
<li><strong>Review and finalise the 2018 boundary survey map</strong> of Dharavi Koliwada</li>



<li><strong>Hear objections</strong> from stakeholders, including fishing community representatives</li>



<li>Consider previous directions issued in government meetings</li>



<li>Conduct additional जांच (inquiry) or site visits if required</li>
</ol>



<p>The committee has also been given the authority to call for documents from agencies like the BMC, Collector’s office, and Dharavi Redevelopment Project.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading"><strong>Timeline: Report in 3 Months</strong></h2>



<p>The committee has been asked to submit a <strong>detailed report with recommendations within 3 months</strong>.</p>



<p>It can also invite experts or retired officials to assist in the process if needed.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading"><strong>Why This Matters</strong></h2>



<p>The demarcation of Dharavi Koliwada is crucial because:</p>



<ul class="wp-block-list">
<li>It impacts <strong>land ownership and rights of fishing communities</strong></li>



<li>It is directly linked to the larger <strong>Dharavi redevelopment plan</strong></li>



<li>It will determine how much land is protected for traditional use</li>
</ul>



<p>Any final decision will have long-term implications for both <strong>development and community preservation</strong>.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading"><strong>Background of the Issue</strong></h2>



<p>Earlier, in 2012, the government had set guidelines for demarcating Koliwadas across Mumbai. A six-member committee was also formed at the time to establish a proper framework.</p>



<p>However, disputes over actual boundaries continued, especially in areas like Dharavi where redevelopment plans overlap with traditional settlements.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading"><strong>What Happens Next</strong></h2>



<p>Once the committee submits its report:</p>



<ul class="wp-block-list">
<li>The state government will take a final call on boundary approval</li>



<li>This could pave the way for <strong>faster decision-making in Dharavi redevelopment</strong></li>



<li>It may also set a precedent for other Koliwadas in Mumbai</li>
</ul>



<p>Also Read: <a href="https://squarefeatindia.com/dharavi-redevelopment-10-years-of-no-maintenance/" type="post" id="8384">Dharavi Redevelopment: 10 Years of No Maintenance</a></p>
<p>The post <a href="https://squarefeatindia.com/dharavi-koliwada-boundary-dispute-maharashtra-forms-panel-to-finalise-demarcation/">Dharavi Koliwada Boundary Dispute: Maharashtra Forms Panel to Finalise Demarcation</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Kanjur Marg Salt Pan Land: Bombay High Court Dismisses 21-Year-Old Suit as 99-Year Lease Expires, Clears Path for Development</title>
		<link>https://squarefeatindia.com/kanjur-marg-salt-pan-land-bombay-high-court-dismisses-21-year-old-suit-as-99-year-lease-expires-clears-path-for-development/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Wed, 18 Mar 2026 06:22:59 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Arthur Salt Works]]></category>
		<category><![CDATA[Bombay High Court]]></category>
		<category><![CDATA[Civil Revision 23914 of 2023]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[Jenkins Salt Works]]></category>
		<category><![CDATA[Justice Sandeep V Marne]]></category>
		<category><![CDATA[Kanjur Marg Salt Pan Land]]></category>
		<category><![CDATA[Maheshkumar Gordhandas Garodia]]></category>
		<category><![CDATA[Mumbai Metro Line 6]]></category>
		<category><![CDATA[Salt Lease Dispute]]></category>
		<category><![CDATA[Section 151 CPC]]></category>
		<category><![CDATA[Shipping Corporation Judgment]]></category>
		<category><![CDATA[Union of India]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=12163</guid>

					<description><![CDATA[<p>In a significant order pronounced on 17 March 2026, the Bombay High Court has finally put an end to the long-pending litigation over the Kanjur Marg salt pan land, dismissing the lessee’s suit as infructuous after the 99-year lease term expired on 14 October 2016. The ruling paves the way for the Union of India and state agencies to proceed with development on the 500-acre Arthur and Jenkins Salt Works parcels.</p>
<p>The post <a href="https://squarefeatindia.com/kanjur-marg-salt-pan-land-bombay-high-court-dismisses-21-year-old-suit-as-99-year-lease-expires-clears-path-for-development/">Kanjur Marg Salt Pan Land: Bombay High Court Dismisses 21-Year-Old Suit as 99-Year Lease Expires, Clears Path for Development</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>In a landmark ruling that brings to an end two decades of litigation, the Bombay High Court on Tuesday dismissed a civil suit filed by lessee Maheshkumar Gordhandas Garodia over the iconic Arthur Salt Works and Jenkins Salt Works parcels at Kanjur Marg (Village Kanjur, Mumbai Suburban District).</p>



<p>Justice Sandeep V. Marne, in his judgment pronounced on <strong>17 March 2026</strong> (reserved on 5 March 2026) in <strong>Civil Revision Application (ST.) No. 23914 of 2023</strong>, allowed the revision petition filed by the <strong>Union of India</strong> (Ministry of Law &amp; Justice, Department of Legal Affairs, Deputy Salt Commissioner and Joint Secretary) and set aside the City Civil Court’s order dated <strong>11 November 2022</strong>.</p>



<p>The court directed the outright <strong>dismissal of Civil Suit No. 6256 of 2005</strong>, holding that the suit had become infructuous after the natural expiry of the 99-year lease on <strong>14 October 2016</strong>.</p>



<h3 class="wp-block-heading">Background of the Kanjur Marg Salt Pan Land Dispute</h3>



<p>The disputed lands comprise:</p>



<ul class="wp-block-list">
<li><strong>Arthur Salt Works</strong> – 251 acres and 21 gunthas (Survey Nos. 13, 14, 19, 20, 21, 22 and 23)</li>



<li><strong>Jenkins Salt Works</strong> – 249 acres and 10 gunthas (Survey No. 169)</li>
</ul>



<p>Both plots were leased by the Secretary of State for India to the plaintiff’s predecessors on <strong>15 October 1917</strong> for salt manufacturing for a period of <strong>99 years</strong> (expiring on 14 October 2016).</p>



<p>The Union of India terminated the leases prematurely on <strong>2 November 2004</strong>. The plaintiff challenged the termination orders by filing Suit No. 1173 of 2005 in the Bombay High Court (later transferred and renumbered as Civil Suit No. 6256 of 2005 in the City Civil Court, Mumbai). The suit sought a declaration that the termination orders were illegal and that the lease agreements dated 16 February 1922 were valid, subsisting and binding.</p>



<p>An interim injunction was granted in 2005, allowing the plaintiff to continue in possession.</p>



<h3 class="wp-block-heading">Expiry of Lease and the Notice of Motion</h3>



<p>After the 99-year term ended by efflux of time on <strong>14 October 2016</strong>, the Union of India moved <strong>Notice of Motion No. 3788 of 2016</strong> seeking dismissal of the suit on the ground that the cause of action had ceased and the suit had become infructuous. The City Civil Court rejected the motion on <strong>11 November 2022</strong>, primarily to protect the interim order.</p>



<p>The Union of India then approached the High Court in revision under Section 115 of the CPC.</p>



<h3 class="wp-block-heading">Key Arguments and Court’s Reasoning</h3>



<p>Appearing for the Union of India, <strong>Additional Solicitor General Anil Singh</strong> (with Mr. Aditya Thakkar, Mr. D.P. Singh, Mr. Adarsh Vyas, Ms. Rama Gupta, Mr. Dhaval Shetia and Ms. Rupali Srivastav) argued that the entire cause of action had evaporated with the expiry of the lease. He relied on the Supreme Court’s judgment in <strong>Shipping Corporation of India Ltd. v. Machado Brothers (2004) 11 SCC 168</strong>, which holds that courts have inherent power under <strong>Section 151 CPC</strong> to dismiss infructuous suits when subsequent events render them pointless.</p>



<p>The ASG also cited the Division Bench judgment in <strong>Maheshkumar Gordhandas Garodia v. State of Maharashtra (Writ Petition 5362 of 2024, decided 16 February 2026)</strong> and the dismissal of a similar suit in <strong>Vikas Kamalakar Walawalkar v. Deputy Salt Commissioner</strong>.</p>



<p>Opposing the revision, <strong>Mr. Aditya Bapat</strong> (with Mr. S.A.K. Najam-es-sani) contended that no provision in the CPC allows dismissal merely because the cause of action has ended and that powers under Section 151 cannot be invoked when alternate remedies exist. He argued that the plaintiff had applied for renewal and that an amendment application was pending.</p>



<h3 class="wp-block-heading">Court’s Ruling: Suit Rendered Infructuous</h3>



<p>Justice Marne rejected the plaintiff’s arguments, observing:</p>



<ul class="wp-block-list">
<li>The plaint contained <strong>no prayer for renewal</strong> of the lease (the amendment application was filed only on 30 June 2025, almost three years after the impugned order).</li>



<li>The sole substantial prayer — declaration that the 1922 lease agreements were “valid, subsisting and binding” — became meaningless after 14 October 2016.</li>



<li>There was no need to adjudicate the validity of the 2004 termination orders once the lease term had expired naturally.</li>



<li>Relying extensively on the <strong>Shipping Corporation of India</strong> precedent, the court held that a suit cannot be kept alive artificially merely to preserve an interim injunction. “Interlocutory orders are made in aid of final orders and not vice versa,” the judge noted.</li>
</ul>



<p>The court clarified that powers under Section 151 CPC are available precisely in such situations where no other provision (like Order VII Rule 11) applies to a supervening event that kills the cause of action.</p>



<p>The plaintiff’s request for a four-week stay on the judgment was also rejected.</p>



<h3 class="wp-block-heading">Operative Order</h3>



<p>The Bombay High Court:</p>



<ol class="wp-block-list">
<li>Set aside the City Civil Court order dated 11 November 2022.</li>



<li>Made the Notice of Motion absolute and <strong>dismissed Civil Suit No. 6256 of 2005</strong> in its entirety.</li>



<li>Passed no order as to costs.</li>
</ol>



<p>This ruling comes days after the same judge (as part of a Division Bench) dismissed related writ petitions challenging land transfers from these very salt pan parcels.</p>



<p>Also Read: <a href="https://squarefeatindia.com/pm-to-inaugurate-mumbai-metro-line-today/" type="post" id="7943">PM to Inaugurate Mumbai Metro Line Today</a></p>
<p>The post <a href="https://squarefeatindia.com/kanjur-marg-salt-pan-land-bombay-high-court-dismisses-21-year-old-suit-as-99-year-lease-expires-clears-path-for-development/">Kanjur Marg Salt Pan Land: Bombay High Court Dismisses 21-Year-Old Suit as 99-Year Lease Expires, Clears Path for Development</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<item>
		<title>In Dharavi Redevelopment: Undecided Doesn&#8217;t Mean Ineligible</title>
		<link>https://squarefeatindia.com/in-dharavi-redevelopment-undecided-doesnt-mean-ineligible/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Tue, 23 Dec 2025 09:32:47 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Adani Project]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[DRP]]></category>
		<category><![CDATA[Grievance Redressal]]></category>
		<category><![CDATA[Housing Eligibility]]></category>
		<category><![CDATA[Mumbai slums]]></category>
		<category><![CDATA[slum rehabilitation]]></category>
		<category><![CDATA[urban renewal]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=11362</guid>

					<description><![CDATA[<p>In the latest update on Mumbai's Dharavi Redevelopment Project, only 2% of surveyed tenements are ineligible, with 57% secured for housing and 30.6% pending verification. Tracing back to failed 2000s tenders, the current Adani-led effort includes a four-tier appeal system to address disputes, aiming for 125,000 homes in the world's largest urban renewal initiative.</p>
<p>The post <a href="https://squarefeatindia.com/in-dharavi-redevelopment-undecided-doesnt-mean-ineligible/">In Dharavi Redevelopment: Undecided Doesn&#8217;t Mean Ineligible</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>Amid swirling rumors and misinformation campaigns, official data from the Dharavi Redevelopment Project (DRP) reveals a clearer picture: only about 2% of surveyed tenements have been declared ineligible so far, puncturing claims of mass exclusions. With over 57% already confirmed eligible for housing benefits and another 30.6% pending verification, project officials are emphasizing that &#8220;undecided&#8221; status is far from a rejection—it&#8217;s simply a call for more documentation or cross-checks. As the world&#8217;s largest urban renewal initiative pushes forward, this update comes at a pivotal time in Dharavi&#8217;s long history of redevelopment efforts, highlighting progress while addressing resident concerns.</p>



<h3 class="wp-block-heading">Debunking the Ineligibility Myth</h3>



<p>Recent claims suggesting that up to 80% of Dharavi residents have been ruled ineligible under the DRP have been debunked by the latest Final Annexure-II data, published up to December 9, 2025. Out of 3,518 tenements surveyed in this batch—a fraction of Dharavi&#8217;s total structures—only 75 (approximately 2%) were declared ineligible. Instead, the majority are on track for benefits:</p>



<ul class="wp-block-list">
<li><strong>Eligible for Housing Benefits</strong>: 2,009 tenements (57%), including 1,178 (33% of total) qualifying for in-situ rehabilitation, meaning free 350-square-foot homes within a redeveloped Dharavi.</li>



<li><strong>Undecided/Pending Documents</strong>: 1,078 tenements (30.6%), where submissions are incomplete, illegible, or require verification from agencies like BEST (for electricity records), BMC (for licenses), or electoral rolls.</li>



<li><strong>Public Amenities/Utility Structures</strong>: 330 (9.38%), such as community toilets or temples, which aren&#8217;t residential.</li>



<li><strong>Ineligible</strong>: Just 75, often due to lack of residency proof or structures built after eligibility cutoffs.</li>
</ul>



<p>DRP officials stress that pending cases are not rejections. &#8220;These are under review and will be resolved once verifications are complete,&#8221; said a project spokesperson. Delays stem from discrepancies in old records, such as metadata mismatches in utility bills or missing voter list entries, requiring case-by-case coordination. Residents are urged not to heed unverified rumors targeting areas like Meghwadi, Azad Nagar, Tilak Nagar, and Kamala Raman Nagar as &#8220;mass ineligible.&#8221;</p>



<h3 class="wp-block-heading">A Long Road to Redevelopment: Dharavi&#8217;s Historical Context</h3>



<p>Dharavi&#8217;s transformation story dates back over a century. Originally a fishing village in swampy Mumbai outskirts during the late 1800s, it exploded in the 20th century as migrants arrived for industrial jobs, evolving into a bustling informal settlement. By the mid-1900s, it became Asia&#8217;s largest slum, spanning 590-620 acres with 700,000 to 1 million residents. Known for its economic vibrancy—generating billions in revenue from small-scale industries like leather tanning, pottery, and recycling—Dharavi has long symbolized urban resilience amid poverty.</p>



<p>Redevelopment ideas emerged in the 1950s-1980s, but formal plans kicked off in the 1990s. The turning point was 2004, when the Maharashtra government, under the Slum Rehabilitation Authority (SRA), launched the DRP. Architect Mukesh Mehta&#8217;s vision divided Dharavi into sectors for private developers to build modern housing, subsidized by commercial sales. Global tenders in 2007, 2009, 2011, and 2016 failed due to low bids, political shifts, and resident opposition over displacement fears.</p>



<p>The 2018 tender drew interest from Adani Group and Dubai&#8217;s SecLink, with SecLink winning in 2019. However, it was canceled in 2020 over scope changes, including railway land integration. A fresh 2022 tender, with revised rules prioritizing in-situ rehab and options for post-2000 settlers, saw Adani Properties secure the bid at ₹5,069 crore.</p>



<p>By 2023, the project formed a Special Purpose Vehicle (later Navbharat Mega Developers Pvt. Ltd.), with Adani at 80% stake and the government at 20%. International experts like Sasaki and Buro Happold joined for planning. Surveys began in 2024, the master plan was approved, and construction certificates were issued in January 2025. Now, with additional land allocations (e.g., salt pans), the DRP aims to deliver 125,000-200,000 homes over 7-17 years, costing ₹25,000-95,000 crore. Despite controversies like legal challenges and protests, on-ground progress is visible, marking the most advanced phase yet.</p>



<h3 class="wp-block-heading">Navigating Disputes: The Four-Tier Grievance Redressal System</h3>



<p>The Annexure-II lists are not the final word. To ensure fairness, DRP has implemented a streamlined, single-window appeal process for eligibility disputes.</p>



<h4 class="wp-block-heading">Step 1: Appellate Officer (AO)</h4>



<p>Residents start here with initial complaints or document corrections. This officer reviews cases promptly, often resolving simple issues on the spot.</p>



<h4 class="wp-block-heading">Step 2: Grievance Redressal Committee (GRC)</h4>



<p>If unsatisfied, escalate to this panel of senior officials independent of the survey team, ensuring unbiased evaluation.</p>



<h4 class="wp-block-heading">Step 3: Appellate Committee</h4>



<p>Headed by an Additional Collector unaffiliated with the DRP CEO, this level provides higher scrutiny for complex disputes.</p>



<h4 class="wp-block-heading">Step 4: Apex Grievance Redressal Committee (AGRC)</h4>



<p>The final, quasi-judicial body fast-tracks unresolved cases, functioning like a dedicated court for DRP matters.</p>



<p>Officials note this system empowers residents, encouraging active participation rather than reliance on rumors.</p>



<h3 class="wp-block-heading">Project Vision and Call to Action</h3>



<p>Billed as the world&#8217;s largest human-centric urban renewal, the DRP seeks &#8220;housing for all,&#8221; preserving Dharavi&#8217;s industries while modernizing infrastructure. With surveys ongoing and more Annexure-II batches expected, the focus remains on inclusive growth. &#8220;The transformation is real and can be seen on the ground,&#8221; a DRP official said. Dharavikars are called to engage, submit documents, and use official channels for clarity.</p>



<p>Also Read: <a href="https://squarefeatindia.com/devendra-fadnavis-puts-dharavi-redevelopment-back-on-track/">Devendra Fadnavis Puts Dharavi Redevelopment back on track</a></p>



<p></p>
<p>The post <a href="https://squarefeatindia.com/in-dharavi-redevelopment-undecided-doesnt-mean-ineligible/">In Dharavi Redevelopment: Undecided Doesn&#8217;t Mean Ineligible</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<item>
		<title>What and Who Failed Mumbai?</title>
		<link>https://squarefeatindia.com/what-and-who-failed-mumbai/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Sat, 16 Aug 2025 05:35:52 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Affordable housing]]></category>
		<category><![CDATA[Atal Setu]]></category>
		<category><![CDATA[BDD chawl redevelopment]]></category>
		<category><![CDATA[BMC]]></category>
		<category><![CDATA[civic administration]]></category>
		<category><![CDATA[coastal road]]></category>
		<category><![CDATA[corruption in BMC]]></category>
		<category><![CDATA[Devendra Fadnavis]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[Housing for all]]></category>
		<category><![CDATA[Maharashtra politics]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Mumbai housing crisis]]></category>
		<category><![CDATA[Mumbai infrastructure]]></category>
		<category><![CDATA[Mumbai Metro]]></category>
		<category><![CDATA[Mumbai Real Estate]]></category>
		<category><![CDATA[Mumbai transformation]]></category>
		<category><![CDATA[real estate india]]></category>
		<category><![CDATA[UBT government]]></category>
		<category><![CDATA[urban development]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9687</guid>

					<description><![CDATA[<p>By Varun Singh Mumbai is often described as India’s financial capital, the&#8230;</p>
<p>The post <a href="https://squarefeatindia.com/what-and-who-failed-mumbai/">What and Who Failed Mumbai?</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>By Varun Singh</p>



<p>Mumbai is often described as India’s financial capital, the city of dreams, and the beating heart of the nation’s economy. Yet, for millions of its citizens, Mumbai is also the city of broken promises. For decades, the city has been systematically failed — by its politicians, by its administrators, and most consistently, by its own civic body, the Brihanmumbai Municipal Corporation (BMC).</p>



<h3 class="wp-block-heading"><strong>The Paradox of the Richest, Yet Poorest in Service</strong></h3>



<p>The BMC is the richest municipal corporation in the country, its budget larger than some Indian states. But this wealth has not translated into quality of life for Mumbaikars. Roads disintegrate within days of being patched. Even a few millimeters of rain choke the city. Potholes kill people every monsoon. Slums emerge overnight and become permanent fixtures under political protection. Garbage management remains erratic.</p>



<p>This paradox is not about money; it is about governance — or rather, the lack of it.</p>



<h3 class="wp-block-heading"><strong>Politicians and Administrators: A Legacy of Neglect</strong></h3>



<p>For years, successive governments treated Mumbai as a revenue cow, extracting from it without reinvesting meaningfully. Bureaucrats and civic officials, shielded by corruption and political patronage, turned inefficiency into an art form.</p>



<p>The rot was most visible during the tenure of the UBT-led government. Metro projects that could have significantly eased the burden on commuters were stalled under the guise of “environmental concerns.” Meanwhile, the ambitious BDD Chawl Redevelopment project, floated in 2017 to give over 15,500 families new homes, ground to a halt. In 2020, Larsen &amp; Toubro (L&amp;T), one of the main contractors, threatened to pull out altogether, citing slow progress and administrative hurdles. Thousands of families waiting for dignified housing were left stranded.</p>



<p>This was not governance; it was paralysis.</p>



<h3 class="wp-block-heading"><strong>The Fadnavis Intervention</strong></h3>



<p>Contrast this with Devendra Fadnavis’s tenure, where for the first time in decades, Mumbai saw a serious attempt to modernize.</p>



<ul class="wp-block-list">
<li><strong>Coastal Road</strong>: A transformative project to ease traffic congestion.</li>



<li><strong>Atal Setu</strong>: Seamless connectivity between Mumbai and Navi Mumbai.</li>



<li><strong>Metro Expansion</strong>: The maximum number of metro projects were pushed during his government, offering a real alternative to the city’s overburdened transport.</li>
</ul>



<p>On housing, his interventions were equally significant. Instead of appointing private developers with questionable motives, Fadnavis placed MHADA in charge of the BDD Chawl Redevelopment, ensuring top-tier contractors were brought in. He also floated global tenders for Dharavi’s redevelopment — Asia’s largest slum — and for GTN Nagar, one of Mumbai’s oldest refugee camps. Crucially, the vision was not displacement, but in-situ rehabilitation, at no cost to original residents.</p>



<p>This marked a rare moment in Mumbai’s history: a government thinking of ordinary Mumbaikars before builders.</p>



<h3 class="wp-block-heading"><strong>The Present Pain and the Path Forward</strong></h3>



<p>Yes, today the city is under stress. Traffic jams have worsened, construction disrupts daily life, and patience is wearing thin. But this disruption is the result of decades of neglect finally being confronted. Mumbai is undergoing surgery after years of misdiagnosis. The pain is real, but so is the prospect of healing.</p>



<p>Yet one problem persists: while Fadnavis pushes relentlessly, the city’s administrative machinery does not. The BMC remains riddled with corruption. Civic officials are unaccountable. Police often dismiss the everyday grievances of citizens. Bureaucrats resist change, dragging their feet despite political will.</p>



<p>If Mumbai’s transformation is to succeed, the Chief Minister must now direct his attention towards the city’s officials — tightening the noose around corrupt systems and demanding accountability at every level.</p>



<h3 class="wp-block-heading"><strong>Conclusion: Hope Amidst Betrayal</strong></h3>



<p>Mumbai has been failed repeatedly — by politicians who stalled projects, by administrators who obstructed, and by a civic body that squanders its wealth. The UBT government stalled infrastructure and allowed critical projects like BDD Chawl redevelopment to languish.</p>



<p>But under Fadnavis, the city is finally seeing a blueprint for change — roads, bridges, metros, and housing for those who built Mumbai with their sweat.</p>



<p>The frustration today is real. But unlike in the past, so is the hope. Because for the first time in a long time, there is leadership that dares to dream, and more importantly, has the track record to deliver. The battle ahead is not just against potholes or floods, but against the entrenched culture of corruption and apathy that has long defined Mumbai’s governance.</p>



<p>And that is a battle Mumbai cannot afford to lose.</p>



<p>Also Read: <a href="https://squarefeatindia.com/devendra-fadnavis-puts-dharavi-redevelopment-back-on-track/">Devendra Fadnavis Puts Dharavi Redevelopment back on track</a></p>
<p>The post <a href="https://squarefeatindia.com/what-and-who-failed-mumbai/">What and Who Failed Mumbai?</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Maharashtra Cabinet Approves Stamp Duty Relief For Dharavi Redevelopment</title>
		<link>https://squarefeatindia.com/maharashtra-cabinet-approves-stamp-duty-relief-for-dharavi-redevelopment/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Tue, 17 Jun 2025 15:16:20 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Adani Properties]]></category>
		<category><![CDATA[Devendra Fadnavis]]></category>
		<category><![CDATA[Dharavi project news]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[Dharavi SPV]]></category>
		<category><![CDATA[housing policy India]]></category>
		<category><![CDATA[Maharashtra Cabinet]]></category>
		<category><![CDATA[Mumbai infrastructure]]></category>
		<category><![CDATA[NMDPL]]></category>
		<category><![CDATA[real estate mumbai]]></category>
		<category><![CDATA[RLDA land lease]]></category>
		<category><![CDATA[SRA]]></category>
		<category><![CDATA[stamp duty concession]]></category>
		<category><![CDATA[urban renewal]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9337</guid>

					<description><![CDATA[<p>In a bid to expedite the Dharavi Redevelopment Project, the Maharashtra Cabinet has approved stamp duty concessions on lease agreements involving the project’s SPV and the Rail Land Development Authority. The relief aims to reduce transaction costs and accelerate the start of construction on one of India’s most ambitious urban renewal initiatives.</p>
<p>The post <a href="https://squarefeatindia.com/maharashtra-cabinet-approves-stamp-duty-relief-for-dharavi-redevelopment/">Maharashtra Cabinet Approves Stamp Duty Relief For Dharavi Redevelopment</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>In a key move to fast-track the long-pending Dharavi Redevelopment Project (DRP), the Maharashtra Cabinet has approved <strong>stamp duty concessions on lease and sub-lease agreements</strong> signed by the project’s Special Purpose Vehicle (SPV) and allied agencies. The decision was made during a Cabinet meeting chaired by Chief Minister <strong>Devendra Fadnavis</strong>.</p>



<p>The redevelopment of Dharavi — one of Asia’s largest informal settlements — is being undertaken by&nbsp;<strong>Navbharat Mega Developers Pvt Ltd (NMDPL)</strong>, a joint venture between&nbsp;<strong>Adani Properties Pvt Ltd (80%)</strong>&nbsp;and the&nbsp;<strong>Slum Rehabilitation Authority (SRA) (20%)</strong>. NMDPL is acting as the lead implementation agency for the integrated redevelopment effort.</p>



<p>The state government had earlier declared the Dharavi project as both an&nbsp;<strong>Essential Urban Infrastructure Project</strong>&nbsp;and a&nbsp;<strong>Special Project</strong>, thereby making it eligible for financial concessions under existing policies. In line with this, a proposal was placed before the Cabinet seeking&nbsp;<strong>stamp duty relief</strong>&nbsp;for&nbsp;<strong>sub-lease agreements involving land owned by the Rail Land Development Authority (RLDA)</strong>&nbsp;and leased to either NMDPL or the SRA.</p>



<p>The Cabinet has now officially approved the inclusion of such lease agreements under the state’s&nbsp;<strong>stamp duty concession policy</strong>, aiming to&nbsp;<strong>reduce financial burden, lower transaction costs</strong>, and&nbsp;<strong>facilitate faster implementation</strong>. According to current rules,&nbsp;<strong>stamp duty on long-term leases (over 10 years) is 1%</strong>, while&nbsp;<strong>registration fees are capped at ₹30,000</strong>.</p>



<p>The RLDA is contributing approximately&nbsp;<strong>45 acres of land</strong>&nbsp;for the project, and under tender conditions, the SPV is obligated to pay at least&nbsp;<strong>₹2,800 crore</strong>&nbsp;for this land parcel.</p>



<p>A senior state official said the move is expected to&nbsp;<strong>streamline legal processes</strong>&nbsp;and&nbsp;<strong>accelerate the start of construction</strong>, which has faced repeated delays due to legal, financial, and procedural hurdles. The Dharavi Redevelopment Project spans&nbsp;<strong>240 hectares</strong>&nbsp;and directly impacts&nbsp;<strong>nearly one million residents</strong>, making it one of the most ambitious urban renewal projects in the country.</p>



<p>The stamp duty relief is seen as a critical enabler in ensuring smoother execution of lease transactions and encouraging swift progress on the ground.</p>



<p>Also Read: <a href="https://squarefeatindia.com/dharavi-redevelopment-tender-cancelled/">Dharavi Redevelopment Tender Cancelled</a></p>



<p></p>
<p>The post <a href="https://squarefeatindia.com/maharashtra-cabinet-approves-stamp-duty-relief-for-dharavi-redevelopment/">Maharashtra Cabinet Approves Stamp Duty Relief For Dharavi Redevelopment</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Rental Housing for Ineligible Slum Dwellers: Maharashtra’s Housing Policy 2025 Offers Humane Alternative in Dharavi &#038; Beyond</title>
		<link>https://squarefeatindia.com/rental-housing-for-ineligible-slum-dwellers-maharashtras-housing-policy-2025-offers-humane-alternative-in-dharavi-beyond/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Sun, 08 Jun 2025 06:52:31 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Affordable Rental Housing]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[Inclusive Housing 2025]]></category>
		<category><![CDATA[Ineligible Slum Dwellers]]></category>
		<category><![CDATA[Maharashtra Housing Policy 2025]]></category>
		<category><![CDATA[Maharashtra Slum Policy]]></category>
		<category><![CDATA[Rental Housing for Slum Dwellers]]></category>
		<category><![CDATA[Slum Rehabilitation Maharashtra]]></category>
		<category><![CDATA[SPV for Rental Housing]]></category>
		<category><![CDATA[Urban Redevelopment Mumbai]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9248</guid>

					<description><![CDATA[<p>For the first time, Maharashtra’s Housing Policy 2025 offers a formal rental housing solution for slum dwellers who are ineligible for free rehabilitation. Starting with the Dharavi redevelopment, the government plans to provide safe, affordable rental units through SPVs and asset management systems — replacing eviction with dignity.</p>
<p>The post <a href="https://squarefeatindia.com/rental-housing-for-ineligible-slum-dwellers-maharashtras-housing-policy-2025-offers-humane-alternative-in-dharavi-beyond/">Rental Housing for Ineligible Slum Dwellers: Maharashtra’s Housing Policy 2025 Offers Humane Alternative in Dharavi &#038; Beyond</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<hr class="wp-block-separator has-alpha-channel-opacity"/>



<p>In a historic first, the Maharashtra government has announced a policy shift that will offer <strong>rental housing to slum dwellers who are deemed ineligible for free rehabilitation</strong> — a move that blends compassion with practicality as part of the <strong>Dharavi Redevelopment Project</strong> and broader slum policy reforms under the <strong>State Housing Policy 2025</strong>.</p>



<p>This is the first time that the government has formally recognized the housing needs of those who fall outside the eligibility criteria, offering them <strong>affordable, safe rental units</strong> instead of eviction or neglect.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f3da.png" alt="🏚" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>The Problem with ‘Ineligible’ Slum Dwellers</strong></h3>



<p>Historically, many residents in slum areas — especially those who settled after the cut-off date or lacked proper documentation — were labelled as &#8220;ineligible&#8221; and excluded from housing benefits under rehabilitation schemes. This left thousands without legal shelter or stability, even as redevelopment projects advanced.</p>



<p>In places like <strong>Dharavi</strong>, where over a million people live, this created <strong>a social and legal grey zone</strong>.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f3e0.png" alt="🏠" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>A Humane Policy Shift: Affordable Rental Housing</strong></h3>



<p>Under the new policy:</p>



<ul class="wp-block-list">
<li>Ineligible slum dwellers will be <strong>provided rental accommodation</strong> in government-built projects.</li>



<li>These units will be <strong>affordable, secure</strong>, and located close to existing urban areas.</li>



<li>This initiative will first be rolled out as part of the <strong>Dharavi Redevelopment</strong>, but is expected to be replicated in other major cities.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f527.png" alt="🔧" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>How It Will Work:</strong></h3>



<ul class="wp-block-list">
<li>A <strong>Special Purpose Vehicle (SPV)</strong> will be formed to oversee the construction and operation of rental housing blocks.</li>



<li>A professional <strong>Asset Management Company</strong> will be appointed to manage maintenance, rent collection, and tenant services.</li>



<li><strong>Eligibility norms, rent structure, cut-off date, and allocation process</strong> will be outlined in a separate rental housing policy (to be released soon).</li>



<li>The policy will include <strong>transparent mechanisms</strong> to prevent misuse while ensuring dignity for informal residents.</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4e2.png" alt="📢" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Why This Matters:</strong></h3>



<p>This move is being hailed as <strong>&#8220;a dignified alternative to eviction&#8221;</strong> by urban planners and social housing experts.<br>It addresses two major concerns:</p>



<ol class="wp-block-list">
<li>The need to accommodate people who live and work in cities but don’t qualify for traditional rehabilitation.</li>



<li>The importance of ensuring redevelopment projects like <strong>Dharavi</strong> don’t lead to mass displacement or unrest.</li>
</ol>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f5e3.png" alt="🗣" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Expert Speak:</strong></h3>



<p><em>&#8220;This is a paradigm shift. Recognizing that even ineligible slum dwellers are citizens with housing needs is a huge step forward. It offers legal shelter, dignity, and avoids the fallout of forced displacement.&#8221;</em><br>— Urban Housing Analyst, Mumbai.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f504.png" alt="🔄" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Integrated with Broader Slum Redevelopment</strong></h3>



<ul class="wp-block-list">
<li>The policy also strengthens in-situ slum rehabilitation (ISSR) and cluster redevelopment.</li>



<li>Redevelopment will now be <strong>linked to urban infrastructure and livelihoods</strong>, ensuring slum areas evolve into integrated, legal neighborhoods.</li>
</ul>



<p>Also Read: <a href="https://squarefeatindia.com/rental-price-growth-drops-50-in-top-cities-as-housing-supply-surges/">Rental Price Growth Drops 50% In Top Cities as Housing Supply Surges</a></p>
<p>The post <a href="https://squarefeatindia.com/rental-housing-for-ineligible-slum-dwellers-maharashtras-housing-policy-2025-offers-humane-alternative-in-dharavi-beyond/">Rental Housing for Ineligible Slum Dwellers: Maharashtra’s Housing Policy 2025 Offers Humane Alternative in Dharavi &#038; Beyond</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Asia Pacific Hospitality Sector Stays Strong in Q1 2025; India Emerges as Key Growth Driver</title>
		<link>https://squarefeatindia.com/asia-pacific-hospitality-sector-stays-strong-in-q1-2025-india-emerges-as-key-growth-driver/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Tue, 03 Jun 2025 06:57:50 +0000</pubDate>
				<category><![CDATA[Hospitality]]></category>
		<category><![CDATA[ADR Growth Asia Hotels]]></category>
		<category><![CDATA[APAC Hotel Investments]]></category>
		<category><![CDATA[Asia Pacific Hospitality 2025]]></category>
		<category><![CDATA[Colliers Hospitality Report]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[Hospitality Market Trends 2025]]></category>
		<category><![CDATA[India Outbound Travel]]></category>
		<category><![CDATA[India Travel Trends]]></category>
		<category><![CDATA[Spiritual Tourism India]]></category>
		<category><![CDATA[Tier II Cities Hospitality]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9250</guid>

					<description><![CDATA[<p>Hospitality investments across Asia Pacific remained resilient in Q1 2025, with India emerging as a major growth driver both outbound and domestically. According to Colliers, rising Indian tourism, strong ADR growth, and spiritual destinations like Ayodhya and Varanasi are fueling a structural shift in regional hospitality dynamics.</p>
<p>The post <a href="https://squarefeatindia.com/asia-pacific-hospitality-sector-stays-strong-in-q1-2025-india-emerges-as-key-growth-driver/">Asia Pacific Hospitality Sector Stays Strong in Q1 2025; India Emerges as Key Growth Driver</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<hr class="wp-block-separator has-alpha-channel-opacity"/>



<p>Hospitality investments in the Asia Pacific (APAC) region remain resilient in the first quarter of 2025, as capital continues to gravitate toward high-liquidity markets like Japan, South Korea, and Australia. According to Colliers’ latest report, <em>Asia Pacific Hospitality Insights – May 2025</em>, the sector is transitioning from post-pandemic recovery to sustained, performance-led growth.</p>



<p>The report highlights that hotel transaction activity is being led by established markets, with <strong>Japan, South Korea, and Australia</strong> topping the list in terms of deal volume. <strong>Singapore</strong> has emerged as a preferred destination for generational wealth investments, while <strong>India and Southeast Asia</strong> are evolving as crucial demand engines.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f1ee-1f1f3.png" alt="🇮🇳" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>India’s Rising Influence in APAC Hospitality</strong></h3>



<p>A key highlight of the report is the role of <strong>Indian outbound travel</strong> in shaping the regional hospitality landscape. Indian travelers are emerging as a <strong>year-round, dependable demand source</strong>, especially in destinations like <strong>Thailand, Vietnam, and South Korea</strong>. This surge is attributed to rising disposable incomes and a growing preference for <strong>experience-driven travel</strong>, helping maintain strong room rates and reshaping regional hospitality dynamics.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“India is driving a structural shift in Asia Pacific’s hospitality landscape,” said <strong>Nikhil Shah</strong>, Managing Director, Hospitality &amp; Alternatives at Colliers. “With strong demand across the luxury, lifestyle, and MICE segments, and rising investor confidence in experience-led assets, India is now central to regional tourism flows, sustaining premium pricing and reshaping travel dynamics.”</p>
</blockquote>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f6d5.png" alt="🛕" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Spiritual Tourism Fueling Domestic Growth</strong></h3>



<p>Domestically, India’s hospitality sector is poised for robust growth, with <strong>Tier II cities and spiritual destinations</strong> becoming the next frontiers of expansion.<br>Places like <strong>Ayodhya, Dwarka, Puri, Shirdi, Tirupati, and Varanasi</strong> are witnessing infrastructure upgrades and government-backed initiatives, making them attractive for hospitality investments.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“Spiritual tourism is emerging as a key growth driver, backed by focused policy support and infrastructure development,” said <strong>Vimal Nadar</strong>, National Director and Head of Research at Colliers India. “These destinations are unlocking new investment avenues and reshaping India&#8217;s hospitality map.”</p>
</blockquote>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Q1 2025 Performance Overview</strong></h3>



<p>Despite a 19% dip in overall APAC hotel deal volumes in Q1 2025, <strong>hotel performance remained strong</strong>, supported by a rise in <strong>Revenue per Available Room (RevPAR)</strong> and <strong>Average Daily Rates (ADR)</strong>. RevPAR grew by <strong>2.1% year-on-year</strong>, a significant improvement from the <strong>0.4% growth</strong> seen between 2023 and 2024.</p>



<p>Leading markets in ADR growth include <strong>Phuket, Tokyo, New Delhi, Mumbai, and Osaka</strong>, buoyed by strong domestic demand, effective market positioning, and a resurgence in international travel.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“These markets exemplify a rate-driven performance strategy and set a benchmark for value-oriented expansion,” the report notes.</p>
</blockquote>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f4bc.png" alt="💼" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Investor Strategy Shifts Toward Value-Add</strong></h3>



<p>While geopolitical uncertainties contributed to a cautious Q1, investors are expected to become more active as market stability improves. According to <strong>Govinda Singh</strong>, Executive Director, APAC Capital Markets at Colliers, the focus is shifting from cap rate compression to <strong>value-add strategies</strong> aimed at boosting cash flow and long-term income.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p>“With pricing holding firm, the imperative to deploy capital is intensifying. We anticipate a pickup in activity through the rest of the year,” Singh said.</p>
</blockquote>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h3 class="wp-block-heading"><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f50d.png" alt="🔍" class="wp-smiley" style="height: 1em; max-height: 1em;" /> <strong>Looking Ahead</strong></h3>



<p>The Asia Pacific hospitality sector is entering a new phase of <strong>stabilized, performance-focused growth</strong>. With <strong>India emerging as both a powerful outbound force and a robust domestic market</strong>, the region is expected to see deeper investment interest and a renewed focus on operational excellence, occupancy-driven strategy, and guest experience.</p>



<p>Also Read: <a href="https://squarefeatindia.com/indian-hospitality-sector-booms-strong-growth-in-revpar-and-investments/">Indian Hospitality Sector Booms: Strong Growth in RevPAR and Investments</a></p>
<p>The post <a href="https://squarefeatindia.com/asia-pacific-hospitality-sector-stays-strong-in-q1-2025-india-emerges-as-key-growth-driver/">Asia Pacific Hospitality Sector Stays Strong in Q1 2025; India Emerges as Key Growth Driver</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Mumbai to Get Its Second Marine Drive? Dharavi Riverfront Plan Revealed</title>
		<link>https://squarefeatindia.com/mumbai-to-get-its-second-marine-drive-dharavi-riverfront-plan-revealed/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Tue, 03 Jun 2025 06:00:58 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Dharavi master plan]]></category>
		<category><![CDATA[Dharavi news]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[Dharavi transformation]]></category>
		<category><![CDATA[green spine Dharavi]]></category>
		<category><![CDATA[Marine Drive 2.0]]></category>
		<category><![CDATA[Mithi river promenade]]></category>
		<category><![CDATA[Mumbai infrastructure projects]]></category>
		<category><![CDATA[Mumbai riverfront]]></category>
		<category><![CDATA[Mumbai urban planning]]></category>
		<category><![CDATA[slum redevelopment India]]></category>
		<category><![CDATA[transit hub Dharavi]]></category>
		<category><![CDATA[urban renewal Mumbai]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=9256</guid>

					<description><![CDATA[<p>Dharavi’s long-awaited makeover is finally underway, and at the heart of it lies a bold vision — a riverfront promenade along the Mithi River that could rival Marine Drive. As part of Mumbai’s most ambitious redevelopment plan, Dharavi is set to become a model of modern, inclusive urban living with integrated transport, public spaces, and resilient infrastructure.</p>
<p>The post <a href="https://squarefeatindia.com/mumbai-to-get-its-second-marine-drive-dharavi-riverfront-plan-revealed/">Mumbai to Get Its Second Marine Drive? Dharavi Riverfront Plan Revealed</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p><br>In what could become one of the most ambitious urban transformations in Indian history, Dharavi — Asia’s largest slum — is poised to get a makeover that includes a <strong>stunning riverfront promenade</strong>, potentially rivaling Marine Drive in scale and significance.</p>



<p>As part of the recently unveiled&nbsp;<strong>Dharavi Redevelopment Project (DRP)</strong>&nbsp;master plan, a&nbsp;<strong>linear open space along the Mithi River</strong>&nbsp;will turn the informal settlement’s edge into a vibrant, accessible, and eco-friendly public promenade. The proposal positions it as&nbsp;<strong>Mumbai’s longest continuous waterfront</strong>&nbsp;after the iconic Queen’s Necklace.</p>



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<h3 class="wp-block-heading"><strong>From Congestion to Connection</strong></h3>



<p>The planned riverfront isn’t just about beautification. It’s designed to:</p>



<ul class="wp-block-list">
<li><strong>Reclaim and rejuvenate</strong> the heavily polluted Mithi River edge</li>



<li>Provide a <strong>walkable recreational space</strong> for both Dharavi and Mumbai residents</li>



<li>Act as a <strong>flood mitigation measure</strong> integrated with stormwater bioswales</li>



<li>Visually connect people to the <strong>northern mangrove forest</strong></li>
</ul>



<p>Officials say this promenade will be a social equalizer —&nbsp;<strong>a public space where Dharavikars, Mumbaikars, and tourists can mingle</strong>, walk, rest, and enjoy the view — a far cry from Dharavi’s present image.</p>



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<h3 class="wp-block-heading"><strong>Not Just a Riverfront: A Whole New Dharavi</strong></h3>



<p>The riverfront is only one piece of the bigger puzzle. The DRP master plan aims to transform Dharavi into a&nbsp;<strong>mixed-use, transit-oriented urban hub</strong>&nbsp;with world-class infrastructure. Key highlights include:</p>



<figure class="wp-block-table"><table class="has-fixed-layout"><thead><tr><th><strong>Feature</strong></th><th><strong>Details</strong></th></tr></thead><tbody><tr><td><strong>Multi-Modal Transit Hub</strong></td><td>Metro, Suburban Rail, High-Speed Rail, Buses, Airport Express — all in one place</td></tr><tr><td><strong>Green Spine</strong></td><td>A continuous eco-corridor linking Mahim Nature Park to the railway zone</td></tr><tr><td><strong>Live-Work Integration</strong></td><td>Retention and upgrading of Dharavi’s unique work-from-home industrial ecosystem</td></tr><tr><td><strong>Healthcare &amp; Education</strong></td><td>State-of-the-art hospitals, clinics, and schools within walking distance</td></tr><tr><td><strong>Road Network</strong></td><td>Over 21 km of roads with ROWs from 9m to 36m for seamless connectivity</td></tr><tr><td><strong>Mixed-Income Housing</strong></td><td>Compact, vertical housing with in-situ rehabilitation for eligible residents</td></tr></tbody></table></figure>



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<h3 class="wp-block-heading"><strong>Can Dharavi Be Mumbai’s New Urban Heart?</strong></h3>



<p>The redevelopment is as symbolic as it is infrastructural. Long viewed as a space of survival and scarcity, Dharavi is now being imagined as a&nbsp;<strong>model of urban inclusivity, connectivity, and sustainability</strong>.</p>



<p>Officials claim that every Dharavi resident will live&nbsp;<strong>within 5 to 15 minutes</strong>&nbsp;of key social amenities — whether it’s a school, clinic, metro station, or green park. This “<strong>15-minute city</strong>” concept, already popular in global urban planning, is being applied here for the first time at this scale in India.</p>



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<h3 class="wp-block-heading"><strong>Preserving Identity While Building New</strong></h3>



<p>One major goal is to&nbsp;<strong>retain Dharavi’s spirit</strong>&nbsp;— the self-made, entrepreneurial community that powers much of Mumbai’s informal economy. From leather goods to recycling, small-scale industries will be provided&nbsp;<strong>dedicated, hygienic, structurally sound spaces</strong>&nbsp;to continue their trade legally and safely.</p>



<p>The plan also includes&nbsp;<strong>iconic religious structures</strong>, common celebration spaces, and pedestrian-friendly neighborhood nodes to preserve cultural identity.</p>



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<h3 class="wp-block-heading"><strong>A Riverfront for All, Not Just the Rich</strong></h3>



<p>Unlike many elite waterfront developments, the Dharavi promenade is being designed as a&nbsp;<strong>truly public space</strong>&nbsp;— open, inclusive, and accessible to every resident. With&nbsp;<strong>parks, plazas, shaded walkways</strong>, and visual links to nature, it is meant to foster everyday interactions and shared ownership.</p>



<p>If executed as planned, this riverfront could shift Dharavi’s perception —&nbsp;<strong>from a place people avoid to one where the city gathers</strong>.</p>



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<h3 class="wp-block-heading"><strong>The Big Question: Will It Deliver?</strong></h3>



<p>While the vision is grand and well-intentioned, questions remain:</p>



<ul class="wp-block-list">
<li>Will the project stick to deadlines?</li>



<li>Will displacement be minimized?</li>



<li>Will Dharavi’s original residents truly benefit?</li>
</ul>



<p>What’s clear, though, is that&nbsp;<strong>Dharavi’s transformation is no longer on the drawing board</strong>&nbsp;— it’s been set in motion. And if the riverfront becomes reality, Mumbai may indeed get&nbsp;<strong>a second Marine Drive — one born not of colonial glory, but of grassroots resilience.</strong></p>



<p>Also Read: <a href="https://squarefeatindia.com/tenders-for-dharavi-redevelopment-soon/">Tenders for Dharavi Redevelopment soon</a></p>



<p></p>
<p>The post <a href="https://squarefeatindia.com/mumbai-to-get-its-second-marine-drive-dharavi-riverfront-plan-revealed/">Mumbai to Get Its Second Marine Drive? Dharavi Riverfront Plan Revealed</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Dharavi Redevelopment Project Pvt Ltd Renamed Navbharat Mega Developers Pvt Ltd</title>
		<link>https://squarefeatindia.com/dharavi-redevelopment-project-pvt-ltd-renamed-navbharat-mega-developers-pvt-ltd/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Mon, 30 Dec 2024 05:30:21 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Adani Group]]></category>
		<category><![CDATA[Corporate Rebranding]]></category>
		<category><![CDATA[Dharavi Project]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[DRPPL]]></category>
		<category><![CDATA[housing projects]]></category>
		<category><![CDATA[India Slum-Free Goal]]></category>
		<category><![CDATA[Maharashtra Government]]></category>
		<category><![CDATA[Navbharat Mega Developers]]></category>
		<category><![CDATA[NMDPL]]></category>
		<category><![CDATA[slum rehabilitation]]></category>
		<category><![CDATA[urban development]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=8410</guid>

					<description><![CDATA[<p>Dharavi Redevelopment Project Pvt Ltd (DRPPL) has rebranded as Navbharat Mega Developers Pvt Ltd (NMDPL), reflecting a broader vision for the Dharavi redevelopment. The name change, approved by the Board and Ministry of Corporate Affairs, aims to underscore the project's scale while maintaining the government’s central role in overseeing the initiative.</p>
<p>The post <a href="https://squarefeatindia.com/dharavi-redevelopment-project-pvt-ltd-renamed-navbharat-mega-developers-pvt-ltd/">Dharavi Redevelopment Project Pvt Ltd Renamed Navbharat Mega Developers Pvt Ltd</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p>Dharavi Redevelopment Project Private Ltd (DRPPL), the entity managing the redevelopment of Dharavi, has officially changed its name to Navbharat Mega Developers Private Ltd (NMDPL). The rebranding aligns with the company’s renewed focus and broader corporate vision for the project.</p>



<p>The Board of Directors and the Ministry of Corporate Affairs have approved the name change. The new name, Navbharat Mega Developers, reflects the scale of the redevelopment and the company’s aim to create a modern community.</p>



<p>NMDPL is a special purpose vehicle formed between the Government of Maharashtra — through the Dharavi Redevelopment Project (DRP)/Slum Rehabilitation Authority (SRA) — and the Adani Group. The government’s role as the supervising authority for the project remains unchanged.</p>



<p>The name change also addresses potential confusion with the Dharavi Redevelopment Project (DRP), which is the government’s planning authority for the redevelopment. NMDPL clarified that the rebranding does not affect the project’s purpose or the government’s oversight.</p>



<p>Dharavi’s redevelopment is a part of India’s efforts to eliminate slums and provide modern housing. NMDPL reaffirmed its commitment to the project and its objectives.</p>



<p>Also Read: <a href="https://squarefeatindia.com/tenders-for-dharavi-redevelopment-soon/">Tenders for Dharavi Redevelopment soon</a></p>
<p>The post <a href="https://squarefeatindia.com/dharavi-redevelopment-project-pvt-ltd-renamed-navbharat-mega-developers-pvt-ltd/">Dharavi Redevelopment Project Pvt Ltd Renamed Navbharat Mega Developers Pvt Ltd</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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		<title>Dharavi Redevelopment: Bombay High Court Rules in Favor of Adani, Rejects UAE Firm’s Plea</title>
		<link>https://squarefeatindia.com/dharavi-redevelopment-bombay-high-court-rules-in-favor-of-adani-rejects-uae-firms-plea/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Fri, 20 Dec 2024 09:54:37 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[Adani Properties]]></category>
		<category><![CDATA[Bombay High Court]]></category>
		<category><![CDATA[court ruling]]></category>
		<category><![CDATA[Dharavi Redevelopment]]></category>
		<category><![CDATA[FSI charges]]></category>
		<category><![CDATA[Maharashtra Government]]></category>
		<category><![CDATA[Mumbai slums]]></category>
		<category><![CDATA[real estate project]]></category>
		<category><![CDATA[redevelopment project]]></category>
		<category><![CDATA[Seclink Technologies]]></category>
		<category><![CDATA[UAE firm]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=8358</guid>

					<description><![CDATA[<p>The Bombay High Court has upheld the Maharashtra government's decision to cancel Seclink Technologies' winning bid for the Dharavi redevelopment project and issue a fresh tender. This move led to the award of the project to Adani Properties. Seclink had challenged the cancellation, arguing that the revised terms benefited Adani, but the court dismissed the plea, paving the way for the redevelopment of Dharavi.</p>
<p>The post <a href="https://squarefeatindia.com/dharavi-redevelopment-bombay-high-court-rules-in-favor-of-adani-rejects-uae-firms-plea/">Dharavi Redevelopment: Bombay High Court Rules in Favor of Adani, Rejects UAE Firm’s Plea</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p>In a significant legal development, the Bombay High Court on Friday dismissed a petition filed by UAE-based Seclink Technologies, challenging the Maharashtra government’s decision to cancel its 2019 bid for the redevelopment of Dharavi slums. The Court upheld the government’s move to issue a fresh tender in 2022, which ultimately resulted in the award of the project to Adani Properties.</p>



<p>The bench, led by Chief Justice DK Upadhyaya and Justice Amit Borkar, had earlier reserved its verdict after hearing arguments from both sides. The case revolved around Seclink&#8217;s attempt to reverse the state&#8217;s decision to annul its ₹7,200 crore bid and introduce a new bidding process, which saw Adani emerge as the winning bidder.</p>



<p>Seclink had initially secured the Dharavi redevelopment contract in 2019, surpassing Adani’s bid of ₹4,539 crore. However, the Maharashtra government, under Chief Minister Eknath Shinde, decided in 2022 to include 45 acres of railway land in the redevelopment project for slum rehabilitation. This change was not part of the original plan, prompting the state to seek legal advice.</p>



<p>Following the legal consultation, the then Advocate General Ashutosh Kumbhakoni recommended canceling the original 2019 tender and launching a fresh bidding process to accommodate the costs associated with acquiring the railway land. Consequently, the government scrapped Seclink’s winning bid and introduced a revised bidding framework, which ultimately favored Adani Properties.</p>



<p>Seclink contested the move, arguing that the inclusion of railway land had already been factored into the original 2019 bid, as the bid map included nearly 90 acres of railway land. The company claimed that the government’s decision to cancel the contract was unjustified and that the new tender conditions were designed to disadvantage them and favor Adani. Seclink further alleged that it suffered a financial loss of ₹8,424 crore due to the cancellation of its bid.</p>



<p>Defending its position, the Maharashtra government asserted that the revised tender conditions were necessary given the changed economic circumstances between 2019 and 2022. Factors such as the COVID-19 pandemic, the Russia-Ukraine war, fluctuations in the Rupee-USD exchange rate, rising interest rates, and the overall high-risk environment for investors were cited as reasons for the changes in project terms. The government emphasized that these adjustments were made to ensure the project&#8217;s financial viability and protect the public interest.</p>



<p>Seclink was represented by Senior Advocate Virendra Tulzapurkar, along with a team of advocates, while Senior Advocate Milind Sathe, assisted by Additional Government Pleaders Jyoti Chavan and Atul Vanarse, appeared for the State. Senior Advocate Ravindra Kadam, along with Senior Advocates Vikram Nankani, Zal Andhyarujina, and others, represented Adani Properties in the case.</p>



<p>This ruling paves the way for the continuation of the Dharavi redevelopment project, a crucial initiative aimed at transforming one of Asia’s largest slums into a modern urban hub.</p>



<p>Also Read: <a href="https://squarefeatindia.com/dharavi-redevelopment-tender-cancelled/">Dharavi Redevelopment Tender Cancelled</a></p>
<p>The post <a href="https://squarefeatindia.com/dharavi-redevelopment-bombay-high-court-rules-in-favor-of-adani-rejects-uae-firms-plea/">Dharavi Redevelopment: Bombay High Court Rules in Favor of Adani, Rejects UAE Firm’s Plea</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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