Dharavi Redevelopment: 1,255 Acres Requested for Rental Housing

Dharavi Redevelopment Project Pvt Ltd (DRPPL), a government-established entity with Adani Realty as the lead developer and supported by the Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority, has requested 1,255 acres from various government agencies to develop rental housing for residents not eligible for free accommodation.

“Dharavi currently has buildings of up to four stories, but only residents of ground-floor units who were living there before January 1, 2000, are eligible for free housing. Those residing in Dharavi from 2000 to 2011 can acquire their units outright by paying Rs 2.5 lakh according to government policy. Residents from after 2011 will be offered rental housing with an option to purchase the unit,” explained S. V. R. Srinivas, CEO of Dharavi Redevelopment Project Pvt Ltd (DRPPL).

Source: Times of India 

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