logo
No need of slum-dwellers' nod for Dharavi project, says CEO

No need of slum-dwellers' nod for Dharavi project, says CEO

Time of India09-06-2025
MUMBAI
: Responding to queries on the resistance to the Dharavi redeveloment project from a section of slum-dwellers, its CEO,
S V R Srinivas
, told TOI that more than 50% of the residents have already consented to the project. But more significantly, he revealed that the project did not require public consent in the first place because the developer had been appointed by the state govt.
"Under the SRA rules, the building society appoints the developer. For that, 50% consent is required. But here, the govt has appointed the developer. In this case, there is no need for consent," said Srinivas in an exclusive interview to TOI.
The project is being implemented by Nav Bharat Mega Developers Pvt Ltd, an SPV in which the
Adani Group
holds 80% stake and the govt 20%. The land on which Dharavi stands is owned by the govt and the BMC.
Srinivas said around 1 lakh slum-dwellers had responded to the house-to-house survey and just around 20,000 remained to be surveyed. So even if the 50% consent parameter was applied, it had already been crossed, he said.
Participation in the door-to-door survey on eligibility for rehabilitation translated into consent, he clarified. "They have given their documents voluntarily. There is a line in the survey which says they are willing to participate in the redevelopment. So, when they sign, it is consent," said Srinivas.
Although consent is not required for the project, the govt had made multiple efforts to get residents to respond to the survey and agree to the project, he emphasised. "We don't want to ride roughshod on anybody. We have already given four opportunities. We put it in the newspaper and then we also put it on their doors," he said.
Srinivas said that the survey was still ongoing but roughly 5 lakh eligible tenements would need to be given free space within Dharavi and 5 lakh ineligible tenements would have to move out to subsidised rental housing outside Dharavi.
But the question is: Why a massive expanse of 541 acres of land has been earmarked for rental housing and a free sale component for the Adani-led SPV? This has fuelled allegations from the opposition that the project is essentially a "land-grab" to capture lucrative real estate both within and outside Dharavi.
The 541 acres for rental housing have been allocated in Deonar, Kurla, Aksa, Malvani and salt pan lands in Bhandup, Mulund and Kanjurmarg. Of this, possession has been given of 63.5 acres so far in Kurla and Mulund.
Srinivas said the land meant for rental housing was in the possession of the state's DRP and was not with the Adani-led SPV. "The problem is that there is a shortage of land in Mumbai. We had written to many different agencies including from the central government for these lands. In some cases, there were rejections. So, we did not know which lands would come and we started applying to different places," he said.
"Now these lands are coming but they will be with the DRP. Unless people are rehabilitated, the land will not be given to the SPV," he said. He also said that rental units would be built in phases. If all the land was not required, then all the parcels would not be used.
The land which is not used from the 541 acres would then revert from the DRP to the govt. "Our mandate is limited to Dharavi. The land that is not used, will revert to the govt," said Srinivas.
Responding to questions about the basis on which the project has been planned since the door-to-door survey on eligible and ineligible tenements is yet to be completed, Srinivas said, "There was initially a drone survey followed by a LIDAR survey to map the structures in the area. And now there is a physical door-to-door survey, which is almost complete. Based on these three, we did a comparison and an extrapolation of data, which is how it works. In projects of this size, some things can go on simultaneously," he said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Masterstroke by Mukesh Ambani as Reliance to invest Rs 4300000000 in Bengaluru-based startup, it deals in..., name is...
Masterstroke by Mukesh Ambani as Reliance to invest Rs 4300000000 in Bengaluru-based startup, it deals in..., name is...

India.com

time26 minutes ago

  • India.com

Masterstroke by Mukesh Ambani as Reliance to invest Rs 4300000000 in Bengaluru-based startup, it deals in..., name is...

Mukesh Ambani (File) In a significant decision which could provide a major boost to India's growing spacetech industry, Mukesh Ambani-led Reliance Industries is mulling to invest $50 million (about Rs 430 crore) in Digantara Research & Technologies, a Bengaluru-based spacetech startup, which is developing technology that can track objects in the Earth's orbit. How much is Mukesh Ambani Reliance Industries investing? According to a report by The Economic Times, Reliance Industries, India's most valued domestic firm led by billionaire Mukesh Ambani, is in advanced discussions to lead a Rs 430 crore funding round in Digantara, along with existing investors like Peak XV Partners. 'Reliance has evaluated multiple startups in the spacetech segment. It is looking at companies building novel solutions in the sector. Its talks with Digantara are at an advanced stage,' the report quoted a source familiar with the matter as saying. What does Digintara do? Co-founded by Anirudh Sharma (CEO), Rahul Rawat (COO), and Tanveer Ahmed (CTO), Digintara is a spacetech startup based in Bengaluru, working on the development of technologies which can track bjects in Earth's orbit. Earlier, in March, Digintara launched a satellite capable of tracking debris as small as 5 cm, and is currently providing services to defence agencies in both India and the United States, as per the report. According to the report, Digintara plans to deploy a constellation of about a dozen surveillance satellites by the end of 2026. The company has launched three satellites so far, one of which is part of the proposed satellite constellation. A major chunk of the upcoming funding round will be dedicated in developing and launching these satellites. 'Given the volatility in global geopolitics, every country is focused on having its own indigenous sovereign solutions that can be controlled in times of crisis. That's where the opportunity lies for startups like Digantara,' the report quoted a source as saying. The company established a manufacturing and operations facility in the US in February 2024, and expects to earn a revenue of $25–30 million (Rs 220–260 crore) from its US operation in the next 2-3 years.

Wettest July is also Kolkata's cleanest July
Wettest July is also Kolkata's cleanest July

Time of India

time2 hours ago

  • Time of India

Wettest July is also Kolkata's cleanest July

1 2 Kolkata: Torrential rain may have turned Kolkata's roads into a bumpy, congested mess, but it did one thing remarkably well—gave the city some of its cleanest air in years. According to air quality data analysed by TOI from the Victoria Continuous Ambient Air Quality Monitoring Station (CAAQMS), July 2025 was among the cleanest Julys in recent memory, second only to July 2023. The city experienced frequent and heavy rainfall throughout the month, washing out suspended pollutants and reducing vehicular dust. A senior official from the West Bengal Pollution Control Board (WBPCB) confirmed the trend: "The rains acted like a natural air purifier. Most monitoring stations reported 'Good' air quality on the majority of days." The Victoria station, located on the southern edge of the city's iconic Maidan—often dubbed the city's "green lung"—is uniquely placed. While two sides are buffered by vast open greens, the other two face heavy traffic zones and dense tailpipe emissions. This positioning makes it an ideal gauge of both nature's influence and urban pollution levels. The data shows a dramatic shift in July 2023 and 2025, where over 80% of the days recorded 'Good' AQI levels (0–50), indicating minimal air pollution. You Can Also Check: Kolkata AQI | Weather in Kolkata | Bank Holidays in Kolkata | Public Holidays in Kolkata However, environmental experts are warning that this post-rain clean air may be short-lived. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo Once the dry spell returns, the damaged and crater-ridden roads—worsened by July's downpours—will become hotbeds of resuspended dust, contributing significantly to PM10 and PM2.5 levels. "Loose road dust from potholes and unpaved edges becomes airborne with just the movement of vehicles," explained Dipankar Dutta, former DG (Town Planning) of KMC. "Given the current condition of Kolkata's roads, dust resuspension could emerge as a dominant pollutant source in the coming months." The situation poses a double challenge: deteriorating road conditions that increase travel time and discomfort, and a surge in dust pollution once the monsoon recedes. Multiple source-apportionment studies have shown that resuspended road dust accounts for a significant portion of urban PM10 levels in Indian cities, especially during dry spells. Kolkata's clean air in July, though encouraging, is a seasonal gift rather than a structural improvement. Unless the road infrastructure is promptly repaired, the city may soon return to moderate or even poor air quality, despite lower industrial emissions or vehicle numbers. In the weeks ahead, all eyes will be on whether the municipal agencies can act fast enough to fix roads before they become unwitting contributors to Kolkata's next pollution spike. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !

Tariff tantrums have economists betting RBI biting rate-cut bullet again
Tariff tantrums have economists betting RBI biting rate-cut bullet again

New Indian Express

time3 hours ago

  • New Indian Express

Tariff tantrums have economists betting RBI biting rate-cut bullet again

MUMBAI: The 25% export duty shocker from the US effective August 7, which if not reversed to a reasonable level may shave off 20-30 bps from this year's growth, has the Mint Road-watchers divided with some calling for a monetary support given the below-target inflation prints while some others calling for caution till the tariff talks are completed. The Reserve Bank-led monetary policy committee begins its bimonthly meeting on Monday and the policy decisions will be announced on Wednesday. The RBI has already cut the policy repo rate by a 100 bps since February with the last meeting delivering an unconventional 50 bps to 5.5%. On July 30, US president Donald Trump unexpectedly announced a 25% flat tariffs on Indian goods along with an unspecified additional penalty on India's energy and military purchases from Russia. The announcement came as a shocker to New Delhi as five rounds of trade talks have been completed and the sixth round is slated for August 25 in the Capital. What was more shocking was that the new tariffs are much more than anticipated and leave Indian goods at a great disadvantage to many of its market rivals. While economists at British brokerage Barclays see the tariff impact to shave 30 bps off GDP this fiscal—RBI has pegged it at 6.5% this fiscal, foreign agencies like the IMF and the Asian Development Bank have pegged it marginally lower at 6.4% and 6.5% respectively, domestic rating agency Icra and Japanese brokerage Nomura have pegged it at 20 bps bringing down growth to 6% this year.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store