India, July 23 -- After getting prime tracts of government-owned land at Kanjurmarg, Mulund, Deonar, Madh island and Kurla to house Dharavi residents ineligible for in-situ rehabilitation, Adani Navbharat Developers Private Limited - which is executing the Dharavi redevelopment project - has been granted 15 acres of land within the Mulund dumping ground for a ready mix concrete (RMC) plant and casting yard.

According to the proposal approved recently by the Brihanmumbai Municipal Corporation (BMC), which HT has accessed, the company will have to pay Rs.98.46 crore as lease rent for a five-year period. Six months' lease rent amounting to Rs.9.17 crore plus 18% GST (at Rs.1.65 crore) would have to be paid immediately after execution of the...