The agreement was signed on Tuesday after the state and union governments arrived at a conclusion that profits from the ambitious redevelopment project will be shared with the latter. As per the mutually agreed solution, RLDA will get 0.21 percent of the profits
Maharashtra government and Rail Land Development Authority inked an agreement on Tuesday to hand over 45-acre land for Dharavi Redevelopment Project.“I am very happy to share that definitive agreement for handing over of railway land for Dharavi Redevelopment Project got signed between Ministry of Railways’ Rail Land Development Authority and Dharavi Redevelopment Project Authority, this afternoon in New Delhi,” tweeted Deputy Chief Minister Devendra Fadnavis.The agreement was signed on Tuesday after the state and union governments arrived at a conclusion that profits from the ambitious redevelopment project will be shared with the latter. As per the mutually agreed solution, RLDA will get 0.21 percent of the profits.
https://www.freepressjournal.in/mumbai/mumbai-railway-hands-over-plot-for-dharavi-redevelopment
Source: The Free Press Journal
