What is wrong with Dharavi, will it be ever redeveloped? Asia’s largest slum has got another date now. After almost four postponements, the Dharavi Redevelopment Project, has now extended the date from May 20 to June 21, for opening the global tenders for redeveloping four sectors of Dharavi. The tenders were floated on January 30, earlier this year, and were to be first opened on April 7, after which it was postponed two times and Friday was the day. However, now it again has been postponed to June 21. Officials, off the record, claim builders aren’t coming forward, and on record claim that they were making some changes to the tender.

The total cost of the project estimated by the authority is Rs 21,936 crore, for the four sectors as sector V is being developed by MHADA. One of the biggest reason for builders shying away from the project is that, the real estate market isn’t very good and it’s too much of money.