In a significant step towards redeveloping Asia’s biggest slum, Maharashtra has allotted 118 acres in Malad’s Mukteshwar to the Dharavi Redevelopment Project. The SPV, Nav Bharat Mega Developers Pvt Ltd—backed by Adani Group and the state—can now fast-track rehabilitation for thousands of ineligible Dharavi dwellers.
This prime land will provide homes to residents from upper floors and recent settlers post-2011. It’s the third key acquisition after Kurla and Mulund sites, underscoring the government’s commitment to MMR-wide resettlement in state-of-the-art townships.
DRP/SRA retains land ownership, granting development rights to NMDPL. The ₹540 crore asset has received ₹135 crore premium payment. While 118 of 140 Mukteshwar acres are handed over, 22 acres await court resolution.
The broader initiative spans 540 acres across MMR, incorporating diverse plots to facilitate mass rehabilitation. With an estimated 1.25-1.5 lakh units for 10 lakh people, construction momentum from this transfer could see families relocated within seven years.
Critics have watched closely, but proponents hail it as a game-changer. Seamless execution could redefine Mumbai’s skyline, turning slum shadows into symbols of progress and dignity for marginalized communities.