As Adani wins makeover bid, a quick guide to Dharavi, Asia’s largest slum | News Bharat


Over the past 15 years, the Maharashtra government has made at least four attempts through floating bids to redevelop the slum; however, the offers never materialized. Finally, the project is ready to run now

Dharavi slum - Mumbai
Dharavi in ​​Mumbai

Mumbai’s Dharavi, Asia’s largest slum cluster, is all set to be redeveloped by Adani Realty, the real estate arm of the Adani Group, which has bagged the Rs 20,000-crore slum redevelopment project, with an offer of 5,069 crore against DLF’s offer of Rs 2,025 crore. The minimum initial investment set by the government was Rs 1,600 crore.

Financial bids for the global tender announced on October 1 for the Dharavi redevelopment project were opened on Tuesday (November 29). Bids for the project were submitted by three companies: Adani Realty, DLF and Naman Group. According to the Dharavi Redevelopment Authority, the Naman Group does not meet the requirements.

“We will go ahead with the approval of the state government and also set up a special purpose vehicle (SPV) for the redevelopment of Dharavi,” SVR Srinivas, chief executive office of the Dharavi redevelopment project, told PTI, adding that the Eknath government Shinde will approve it in a few weeks.

The government has already announced a floor area index (FSI) of 4 for the redevelopment along with several concessions in the form of premium paid by the developer, inspection charges, goods and services tax, etc. The notification issued by the Maharashtra government’s housing department in October said the bidding company or lead member of the consortium should have a minimum consolidated net worth of Rs 20,000 crore as per the latest balance sheet and that balance sheet should not be earlier than March 31 2022

Advertising

Dharavi Redevelopment Project

Dharavi is located in central Mumbai in close proximity to the mall, Bandra Kurla complex and south Mumbai. Spread over 300 acres, it is one of the most densely populated slums in the world. The sprawling slum is a hub for several small-scale, unorganized industries that manufacture medicines, leather, shoes and clothing and employ over 1,00,000 people.

Proposals for redevelopment plans for Dharavi have come up periodically since the 1950s. However, most of these plans fail due to lack of financial banking and/or political support. Over the past 15 years, the Maharashtra government has made at least four attempts through floating bids to redevelop the slum. However, the offers never materialized. Finally, the project is ready to run now.

Read also: Adani offers Mumbai’s Dharavi redevelopment project with a bid of Rs 5,069 crore

The bidding is for the entire Rs 20,000 crore project, which will help the winning bidder register high revenues from the sale of lakhs of square feet of residential and commercial space in central Mumbai. The Maharashtra government has proposed to transform the slum into a modern city with adequate housing and commercial complexes, hospitals and schools.

The government hopes to complete the project in the next 17 years and rehabilitate 6.5 lakh slum dwellers, which are spread over an area of ​​2.5 square kilometers at present, in the next seven years. In total, more than 10 million square feet are expected to come up as part of the Dharavi redevelopment project.

Dharavi: A city within a city

Mumbai, the commercial capital of India and home of Bollywood films, is one of the most densely populated megacities in the world, especially in the Island City sector, where the population density stands at 43,000 people per square kilometer.

Almost 21 million people lived in Mumbai in 2022, compared to less than 16 million in 2002. Dharavi Slum, a city within a city, came into existence in 1884. An endless maze of narrow dirt streets, squat buildings, cramped shacks and shacks and open canals, it was originally inhabited by fishermen when the area was still streams, swamps.

Dharavi became attractive to migrant workers from South Mumbai and others when the swamp began to fill up due to natural and man-made causes. The area grew as poor rural Indians migrated to urban Mumbai. While the land on which it stretches is owned by the government, the houses are maintained by individuals.

A cheap, affordable option

The unplanned settlement sits between two railway lines on low-lying land previously used as a rubbish dump. It is now home to over 6 lakh people. Many are second-generation residents whose parents moved years ago. In a city where housing rents are among the highest in the world, Dharavi offers a cheap and affordable option for those moving to Mumbai to make a living. Rents here can be as little as 185 rupees a month, according to Lonely Planet.

Read also: WHO lauds Dharavi for effective COVID management, BMC says ‘thank you’

The slum, like many others, lacks facilities for sanitation, sewage, safe drinking water, roads or other basic services. Dharavi has suffered from many epidemics and other disasters, including a widespread plague in 1896 that killed more than half of Mumbai’s population. The coronavirus pandemic, which has wreaked havoc in more than 200 countries, including India, has also affected the slum. Over 138 people have tested positive for the virus as of April 20, 2020, and more than 11 have died. In May 2022, the total number of Covid-19 cases in Dharavi reached 8,653, while the number of deaths stood at 419, according to the Brihanmumbai Municipal Corporation.

The film industry played a key role in raising the profile of this slum. He has appeared in films such as Oscar winner Danny Boyle’s The slumdog millionaire (2009) and by Zoya Akhtar Gully Boy (2018). Dharavi plays host to tourists who want to experience what life is like for slum dwellers in India.

Tourists are taken on tours through the slum’s narrow streets to show off the hot business center it has become in the past few years. Sprawling Dharavi has become India’s favorite tourist experience of 2019, even beating out the Taj Mahal, according to travel site TripAdvisor. Dharavi scooped TripAdvisor’s award after being ranked tenth in the top 10 Travellers’ Choice Experiences 2019 in Asia.



Source link