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State Approves New Tender for Dharavi Redevelopment Project


State Approves New Tender for Dharavi Redevelopment Project
SHARES

The Maharashtra Cabinet confirmed its decision to cancel the tender process for the Dharavi Redevelopment Project valued at Rs 27,000 crores. It is said that new tenders will now be invited for the same. 

Dharavi is one of the largest slums in Mumbai and locals have long sought a transformation for the region. As per the initial proposal, around 67,000 residents were to receive a 350 square-foot home at no cost. Meanwhile, the builders engaged in the project would then utilize the free space for commercial purposes.

Also readSlum Rehabilitation Authority Asks State To Provide Instalment Facility For Its Projects

This tender was awarded to Seclink Technologies Ltd in January 2019, though it was subsequently scrapped in August by a committee of secretaries consisting of Chief Secretary Sanjay Kumar, Urban Development Secretary Bhusan Gagrani, MMRDA Commissioner R A Rajeev, BMC Commissioner Iqbal Singh Chahal as well as the principal advisor to the Chief Minister, Ajoy Mehta.

The rehabilitation of Dharavi residents has been in the planning stage for the past 16 years but has faced multiple challenges along the way. Following the decision to scrap the tender, the State Government will soon issue a fresh tender.

ReadMaharashtra Government Plans On Inviting Bids For Dharavi Redevelopment Project

However, the Chairman and Managing Director of the Seclink Group, Nilang Shah said that the government has stalled the bidding process and that the company will take legal action against the state while also considering international arbitration.

“Despite requesting repeatedly, no official meetings have been held with us to understand our project vision, which clearly meant that the government’s intent was to sabotage the bidding process. We will have no option but to take legal recourse, including international arbitration as per Bilateral Investment Promotion and Protection Agreement between the UAE and India,” Shah said. 

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