Overview

• Chief Minister Devendra Fadnavis cleared the project master plan at a high-level review meeting on May 28
• Navbharat Mega Developers Private Limited, the 80:20 joint venture between Adani Properties and the Slum Rehabilitation Authority, began construction in January and targets completion by 2032
• The master plan envisions 58,532 residential units and 13,468 commercial and industrial spaces on 116.6 acres in Dharavi plus 541 acres for rental housing across Mumbai
• NMDPL has flagged eight pending approvals, including state GST relief, SGST reimbursement, staircase and open space premium reductions, fungible FSI increases and sub-leasing rights
• The Dharavi Residents Association warns that the proposed number of new homes falls short of existing dwellings and is demanding a public master plan and eligibility surveys