This thread will be used to track all the news related to the Dharavi Redevelopment project.
Background
Dharavi will be divided into 5 sectors and each sector will be awarded to a different developer to redevelop. 19 developers have been shortlisted by the government and the deadline for submitting the financial bids is May 31 2008.
According to the plan the developers are expected to rehabilitate 57,000 families and build infrastructure, roads, water supply, sewage facilities, and storm water drains.
The project will create 40 million sft of commercial space and 30 million sft of residential development and is estimated to be completed in seven years.
The project will have a maximum floor space index of 4. Private property in the project will have an FSI of 1.3, municipal and government property 3.1, and slum houses will have an FSI of 4.
The Indian partners of the 19 consortia are:
Reliance Engineering Associates (Mukesh Ambani), Indiabulls, Unitech Ltd, DLF, Godrej Properties, Africa-Israel Investments Ltd, L&T Ltd, Videocon Realty, Kingston Properties, Runwal Developers, MRMGF (a joint venture of Indian and Dubai-based companies), Goenka’s Conwood Group of Companies, Kalpataru, Lanco Infrastructure, Nagarjuna Construction Company, Housing Development and Infastructure Ltd (HDIL), the Lodha Group, Akruti Developers, and Neptune Investments.
Background
Dharavi will be divided into 5 sectors and each sector will be awarded to a different developer to redevelop. 19 developers have been shortlisted by the government and the deadline for submitting the financial bids is May 31 2008.
According to the plan the developers are expected to rehabilitate 57,000 families and build infrastructure, roads, water supply, sewage facilities, and storm water drains.
The project will create 40 million sft of commercial space and 30 million sft of residential development and is estimated to be completed in seven years.
The project will have a maximum floor space index of 4. Private property in the project will have an FSI of 1.3, municipal and government property 3.1, and slum houses will have an FSI of 4.
The Indian partners of the 19 consortia are:
Reliance Engineering Associates (Mukesh Ambani), Indiabulls, Unitech Ltd, DLF, Godrej Properties, Africa-Israel Investments Ltd, L&T Ltd, Videocon Realty, Kingston Properties, Runwal Developers, MRMGF (a joint venture of Indian and Dubai-based companies), Goenka’s Conwood Group of Companies, Kalpataru, Lanco Infrastructure, Nagarjuna Construction Company, Housing Development and Infastructure Ltd (HDIL), the Lodha Group, Akruti Developers, and Neptune Investments.