Mumbai News LIVE Updates: Dharavi poised for business growth after redevelopment, says DRP CEO

Mumbai News LIVE Upadtes:  Homes for all residents, says Srinivas

Srinivas stated that all residents of Dharavi will receive housing, though in various formats. He clarified that eligible individuals will receive a house free of cost within Dharavi itself after redevelopment. Those not deemed eligible will be provided with a house on a rental basis either within Mumbai or the Mumbai Metropolitan Region, with the option to purchase it at a higher price to become owners.

Mumbai News LIVE Updates:  Dharavi redevelopment stands apart; "Housing for All" unlike other slum projects

In most slum rehabilitation efforts, whether in Mumbai or elsewhere, housing is typically provided only to those who meet specific eligibility criteria, often leaving others displaced. However, the Dharavi Redevelopment Project distinguishes itself with the government`s guiding principle of "housing for all," ensuring no one is left without a home: PTI

Mumbai News LIVE Updates: Adani-Maharashtra JV to redevelop Dharavi; master plan approved

The redevelopment of Dharavi, Mumbai`s extensive slum located in the city`s heart, will be managed by a special purpose vehicle. This entity is a joint venture between the Adani Group and the Maharashtra government. The state government has already given its approval to the ambitious project`s master plan

Mumbai News LIVE Updates: Dharavi poised for business growth after redevelopment, says DRP CEO

SRV Srinivas, CEO of the Dharavi Redevelopment Project (DRP), stated on Tuesday that the Maharashtra Government`s core principle for redeveloping Dharavi, India`s largest slum, is "housing for all." He emphasized that the primary goal is to complete the rehabilitation process as effectively and quickly as possible. In an interaction with PTI Video, Srinivas also suggested that after redevelopment, Dharavi has the potential to expand and transform into a thriving business hub, particularly for the SME sector: PTI