Infrastructure

Dharavi Revamp: MMRDA Approves Key Land Transfer To DRP For Asia's Largest Slum Redevelopment Project

Swarajya Staff

Jul 08, 2024, 02:44 PM | Updated 02:44 PM IST

Dharavi redevelopment project.
Dharavi redevelopment project.

The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the transfer of half an acre in Sector-5 of Dharavi for the Dharavi Redevelopment Project (DRP).

This land transfer, requested by the DRP in May, aligns with the state government's resolution that mandates the transfer of government land in the Dharavi notified area to the designated contractor.

Following a recent meeting, MMRDA will transfer the land to Dharavi Redevelopment Project Private Limited (DRPPL).

As per the TOI report, a government resolution (GR) issued in November 2018 outlined a joint development through a special purpose vehicle and granted special rights to facilitate redevelopment.

According to this resolution, all land owned by any government agency in the Dharavi notified area must be handed over to the DRP. The compensation for this land will be 25 per cent of the ready reckoner value, payable to the relevant government agency.

DRPPL plans to develop a modern bus depot for BEST on this land in exchange for 12 acres from BEST, which includes two prominent bus depots in Sion East — Dharavi and Kalakilla.

These depots, with a combined parking capacity for about 300 buses, also house BEST transport division offices and power supply division offices.

Additionally, DRPPL is seeking land outside the Dharavi slum area to support this project.

Initially proposed in 2004, the Dharavi Redevelopment Project is advancing to overhaul Asia's largest slum, spread over 240 hectares in Mumbai.

In November 2022, Adani Realty secured the project with a bid of Rs 5,069 crore, emerging as the primary developer for this region, which is home to approximately 600,000 residents and hosts around 12,000 commercial establishments.


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