Despite opposition, BMC clears 15-acre Mulund plot lease for Adani Dharavi project
The Brihanmumbai Municipal Corporation (BMC) has approved the lease of a 15-acre area from Mulund's former dumping ground to Navbharat Mega Developers Private Limited (NMDPL) for the Dharavi redevelopment project. This decision, made by the improvement committee, drew criticism from the Opposition who questioned the use of public land without a tendering process.
The project, a special purpose vehicle with Adani Properties Private Limited owning 80% and the state's Slum Rehabilitation Authority holding 20%, aims to set up a casting yard and ready-mix concrete plant for Dharavi housing. Over the five-year lease, the BMC expects to earn Rs 103.47 crore. The committee initially stalled the proposal, citing environmental concerns, but approved it on Friday after all members had a chance to voice their opinions.
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