Attempting to resurrect the much-delayed Dharavi integrated redevelopment project, the BJP-Shinde Sena cabinet has decided to float new work tenders and give the project extra incentives in view of the slowdown in the real estate industry.

The sprawling slum colony will be redeveloped through a special purpose vehicle. Railway land of 45 acres has been included in the project. The terms and conditions placed by the Railway Land Development Corporation have also been considered. This land parcel had become a bone of contention between the state and the Centre when Uddhav Thackeray was the chief minister. Thackeray’s government had scrapped the tenders floated during the tenure of Devendra Fadnavis as the CM. One of the bidders had moved the international court of arbitration against the scrapping.