In the last one and a half months, since the plan was floated for proposals, a total of eight companies had shown interest in taking up the project
Dharavi Redevelopment Project has made a crucial headway with the Maharashtra government’s Slum Rehabilitation Authority receiving three bids from real estate players to take up the ambitious task of transforming a big chunk of central Mumbai. A substantial portion of Asia’s second-biggest slum area will undergo real estate and infrastructure upgrades in the years to come. “As part of the initial steps towards the objective of transforming Mumbai, we have received quotations from three interest players. Later this month, we will scrutinise their proposals and award the work,” said S V R Srinivas, Chief Executive Officer, Dharavi Redevelopment Project.
https://www.freepressjournal.in/mumbai/mumbai-three-bids-received-to-redevelop-dharavi
Source: The Free Press Journal
