Dharavi redevelopment: Adani Group starts construction at 22-acre Matunga site; first 5 towers to be handed over by 2029
India, Oct. 12 -- Adani Navbharat Developers Private Limited (ANDPL), the special purpose vehicle (SPV) set up to implement the Dharavi Redevelopment Project (DRP), performed the bhoomi poojan at the 22-acre Matunga railway site on October 12, marking the start of rehabilitation construction for Dharavi, one of Asia's largest informal settlements, home to more than one million people.
The rehabilitation project will include 10,432 apartments, along with commercial and industrial units for eligible Dharavi residents. The company said the first five rehabilitation towers are expected to be handed over by 2029.
The company said it will ensure eligible residents receive 350 sq ft homes under the in-situ rehabilitation scheme.
"Every family...
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