By Admin 
Dharavi redevelopment project: The country’s well-known business tycoon Gautam Adani is going to change the fate of Asia’s ‘biggest slum’ in Mumbai. Adani Realty, the real estate unit of Adani Group, has planned to replace Dharavi with an investment of $ 11 billion. Due to this, the lives of about one million people living in this area settled on 641 acres will be grown.
Life will be better, you will get employment
In this project of Adani Realty, modern housing as well as commercial offices, industrial hubs, luxury apartments, school-college, hospital, parks, etc. will be made. The Adani Group is working fast on this. Adani Realty is already working on many big projects in Mumbai, including the acquisition of stalled projects.
The company is getting government contracts in Mumbai. The work of building new airports in Mumbai is also going on fast. Despite this, its Dharavi project is considered to be the biggest and unique ever for the company. This can prove to be a milestone for the company. It is estimated that along with generating a revenue of $ 14 billion, Adani Realty will also get a profit of $ 3 billion.
The company gets 80 percent stake in DRPPL
Earlier, Gautam Adani had said, “For me, Dharavi is not just a matter of changing the picture of the city, but it is a matter of restoring the dignity of more than one million residents of our country. This is about the possibility when you dream something big and do your work with that purpose. ”
Adani Properties, the real estate development company of Adani Group, emerged as the most bidding company for the Dharavi redevelopment project in November 2022. It got an 80 percent stake in DRPPL (DHARAVI redevelopment project private limited), while the remaining 20 percent stake is with the Government of Maharashtra.
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