Re-mumbai

Editor’s Desk

Dharavi's Transformation: A New Chapter for Mumbai's Heart

How Asia's largest informal settlement is becoming a model for inclusive urban renewal and economic revitalization.

Mayura Shanbaug
Editor,

"At Re-Mumbai, we have always prided ourselves on being the go-to source for news related to Mumbai's redevelopment. Our island city is a thriving centre with varied lifestyles and endless opportunities."

One such revolutionary undertaking is the long-overdue redevelopment of Dharavi, one of Asia's biggest slum clusters. Dharavi, home to approximately one million people, is a lively town spanning across 600 acres close to the famed Bandra Kurla Complex (BKC). Despite its reputation, Dharavi is a thriving economic hub with several small-scale businesses producing pharmaceuticals, leather goods, footwear, and textiles. It has come to symbolise Mumbai's tenacity and business spirit throughout time.

For 17 years, the Maharashtra government has attempted to redevelop Dharavi, but it wasn't until November 2022 that the Adani Group finally secured the bid to transform this area with an initial investment of ₹5069 crore.

This landmark project is poised to rejuvenate Mumbai's real estate market, especially in Central Mumbai, where new developments have stalled due to land scarcity.

Project Timeline & Rehabilitation

The Dharavi redevelopment project, scheduled to be completed over 17 years, includes a critical rehabilitation phase to be completed within seven years of acquiring the required clearances. The Adani Group is presently undertaking a rigorous study to identify qualified slum inhabitants.

Industrial & Commercial Integration

Eligible businesses will benefit from several state incentives:

A Vision for a Slum-Free Mumbai

The redevelopment of Dharavi is more than a construction project — it is a beacon of hope for millions and a major milestone in Mumbai's urban development.

Stay tuned to Re-Mumbai for continuous updates. Together, let's witness the dawn of a new era for our city.

Dharavi at a Glance

Population

Approximately 1 million residents

Area

600 acres near Bandra Kurla Complex

Economic Output

$1+ billion annually

Initial Investment

₹5,069 crore by Adani Group

Project Timeline

17 years (7 years for rehabilitation)

State Incentives

5-year SGST refund -

Financial relief to boost initial growth.

Modern commercial units -

State-of-the-art facilities for leather and textile units.

Support for small-scale industries -

Infrastructure designed to support micro-enterprises.

Rehabilitation housing -

Quality housing for eligible residents.

Improved infrastructure -

Better roads, water, and sanitation facilities.

Key Industries

Dharavi's thriving informal economy includes:

Dharavi's Transformation: A New Chapter for Mumbai's Heart

How Asia's largest informal settlement is becoming a model for inclusive urban renewal and economic revitalization.

Mayura Shanbaug
Mayura Shanbaug
Editor, Re-Mumbai
"At Re-Mumbai, we have always prided ourselves on being the go-to source for news related to Mumbai's redevelopment. Our island city is a thriving centre with varied lifestyles and endless opportunities."

One such revolutionary undertaking is the long-overdue redevelopment of Dharavi, one of Asia's biggest slum clusters. Dharavi, home to approximately one million people, is a lively town spanning across 600 acres close to the famed Bandra Kurla Complex (BKC). Despite its reputation, Dharavi is a thriving economic hub with several small-scale businesses producing pharmaceuticals, leather goods, footwear, and textiles. It has come to symbolise Mumbai's tenacity and business spirit throughout time.

For 17 years, the Maharashtra government has attempted to redevelop Dharavi, but it wasn't until November 2022 that the Adani Group finally secured the bid to transform this area with an initial investment of ₹5069 crore.

This landmark project is poised to rejuvenate Mumbai's real estate market, especially in Central Mumbai, where new developments have stalled due to land scarcity.

Project Timeline & Rehabilitation

The Dharavi redevelopment project, scheduled to be completed over 17 years, includes a critical rehabilitation phase to be completed within seven years of acquiring the required clearances. The Adani Group is presently undertaking a rigorous study to identify qualified slum inhabitants.

Industrial & Commercial Integration

Eligible businesses will benefit from several state incentives:

A Vision for a Slum-Free Mumbai

The redevelopment of Dharavi is more than a construction project — it is a beacon of hope for millions and a major milestone in Mumbai's urban development.

Stay tuned to Re-Mumbai for continuous updates. Together, let's witness the dawn of a new era for our city.

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