No land transfer to SPV or Adani group in Dharavi slum redevelopment project: Sources

The world's largest slum redevelopment project involves no land transfer to Special Purpose Vehicle created for the project (SPV) or to the Adani group.
No land transfer to SPV or Adani group in Dharavi slum redevelopment project: Sources
Published on

Mumbai: The world's largest slum redevelopment project involves no land transfer to Special Purpose Vehicle created for the project (SPV) or to the Adani group.

Sources close to the project told ANI that land transfer will be done to Dharavi Redevelopment Project/slum rehabilitation authority (DRP/SRA) which is part of Maharashtra government housing department.

According to the tender documents, DRPPL will pay for the land in lieu of development rights and build facilities like housing, commercials and handover back to the Maharashtra government DRP for allotments as per government schemes. This arrangement ensures that the land remains under government control throughout the process. The state support agreement which is part of the tender, clearly states that government of Maharashtra has obligation to provide land to their own DRP/SRA department

The Rs 23,000 crore slum redevelopment project comes under controversy after questions were raised on the project to benefit Adani Group. In a 15th June news report by The Hindustan Times, newly elected Congress MP Varsha Gaikward questioned government land transfer to

Adani for the project "Earlier, the Mulund land was sought for the project. Then, the government allocated salt pan lands in Mumbai for the project. They also want Deonar land now, the government issued an order to hand over the land at Kurla. Why does the government want to transfer so much land to Adani?" said Gaikward.

However, DRPPL sources clarified that the railway land allocated to the DRP was acquired by DRPPL at a premium of 170 per cent above the prevailing market rates. On concerns about the allocation of land across Mumbai to Adani when residents of Dharavi prefer in-situ rehabilitation (simple technique of rehabilitation which provides pucca dwelling units with basic civil infrastructure to improve the quality of life and safe living).

Sources clarified that the tender norms and government resolutions from 2018 and 2022, have specifically assured that no Dharavi resident will be displaced.

Residents with tenements existing on or before January 1, 2000, are eligible for in-situ rehabilitation within Dharavi.

Those with tenements from January 1, 2000, to January 1, 2011, will receive homes under the Pradhan Mantri Awas Yojana (PMAY) outside Dharavi for a nominal fee of Rs 2.5 lakh or through rental housing.

Tenements existing after January 1, 2011, until a government-determined cut-off date will be provided homes under the state's proposed affordable rental housing policy, with an option for hire-purchase.

This structure addresses local demands for rehabilitation and negates the need for any external displacement. (ANI)

Also Read: Adani Group stocks soar nearly 10 per cent, Jefferies recommends ‘buy’ for 4 Group firms

Also Watch:             

Top News

No stories found.
Sentinel Assam
www.sentinelassam.com