AMID the financial debacle of the Adani Group, the Dharavi slum redevelopment has become a topic of discussion for real estate experts. While some say that the redevelopment will be adversely affected, others feel that the project is too complicated and would take over a decade to become a reality. Adani Realty was the top bidder and had won the 259-hectare Dharavi cluster redevelopment work in November 2022 for an initial investment of Rs 5,069 crore for the over Rs 20,000-crore redevelopment work.

The construction work, as per media reports, would start from October 2023, after the commencement certificate is issued, on approval of the master plan for the redevelopment and rehabilitation prepared by Special Purpose Vehicle (SPV). State government officials overseeing Dharavi redevelopment work refused to comment on the issue. Attempts to contact SVR Srinivas, Chief Executive Officer (CEO) of Dharavi Redevelopment Project (DRP) did not yield results.