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Adani group bags Dharavi redevelop project with a Rs 5,069 crore bid

The bid is for the entire Rs 20,000-crore project, and the total timeline for the project is seven years to rehabilitate the 6.5 lakh slum dwellers who are spread over a 2.5 sq km area right now.<br><br>Mumbai, Nov 29: The Adani Group has emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project, a top official said on Tuesday.

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Adani group bags Dharavi redevelop project with a Rs 5,069 crore bid

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  1. Adani group bags Dharavi redevelop project with a Rs 5,069 crore bid The bid is for the entire Rs 20,000-crore project, and the total timeline for the project is seven years to rehabilitate the 6.5 lakh slum dwellers who are spread over a 2.5 sq km area right now. Mumbai, Nov 29: The Adani Group has emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project, a top official said on Tuesday.

  2. We will now be sending the details to the government, which will consider and give final approval,” he told PTI, adding that the Eknath Shinde government will approve it in a couple of weeks.

  3. The project, which will help the winning bidder to book high revenues by selling lakhs of square feet of residential and commercial space in central Mumbai, has been in limbo for many years now because of its complexities.

  4. Eight bidders, including entities from South Korea and the UAE, had attended a pre-bid meeting held in October and three of them bid for the project. Naman Group, a city-based developer, was the third whose bid did not qualify. The government has sought a consolidated net worth of a minimum of Rs 20,000 crore to choose the winning bid and is likely to evaluate both technical and financial eligibility before awarding the project to the highest bidder.

  5. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras nisi ante, sagittis vitae tristique eu, porttitor id quam. In malesuada egestas hendrerit. Nullam interdum, est quis euismod pellentesque, purus lectus maximus diam, in semper risus ante nec sem.

  6. Attachments Original Link :- https://www.oneindia.com/india/adani-group-bags-dharavi-redevelop-project-with-a-rs-5-069-crore-bid-3493664.html?story=3 Source:- https://adani-group.com/adani-group-bags-dharavi-redevelop-project-with-a-rs-5069-crore-bid/

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