Dharavi Redevelopment Plan To Be Out With Mumbai Development Plan

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After several unsuccessful attempts to redevelop Asia’s largest slum, Dharavi, the state government has decided to float special purpose vehicle (separate company) for the redevelopment project. Minister for Housing Development, Prakash Mehta announced that decks for redevelopment for Dharavi would be cleared along with Mumbai Development Plan soon. There are 55 thousand families as per government estimates, who are eligible for new houses after redevelopment. The entire redevelopment of Dharavi would be roughly more than Rs 30 thousand crore and yet despite repeated efforts by government through various schemes there were no bidders for this project.