Mumbai: BMC Panel to Lease Mulund Dump for Dharavi Project
Representative AI image MUMBAI: The BMC has proposed leasing 15 acres of reclaimed land at the Mulund dumping ground to the Dharavi Redevelopment Project (DRP) for five years. This will establish a casting yard, a precast element manufacturing facility, and a ready-mix concrete (RMC) plant, generating an expected rental income of around Rs 103.47 crore during the lease term. The plan, cleared by civic administration, will be discussed at the Improvement Committee meeting scheduled for Tuesday afternoon. It involves leasing 60,703 sq m of land to Navbharat Mega Developers Pvt Ltd, which has been appointed by the state government to…