Tag: Navbharat Mega Developers Pvt Ltd

InfrastructureLatest Stories

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…

InfrastructureLatest Stories

BMC Panel to Decide on 3,169 Trees for Dharavi Projects

Representative AI image MUMBAI: The BMC’s Tree Authority will review proposals concerning 3,169 trees in an upcoming meeting on Tuesday, which includes requests to fell 1,777 trees and to transplant 1,392 others for various infrastructure and redevelopment initiatives in Mumbai. Notable proposals include the construction of an underground tunnel between Orange Gate and Marine Drive, the Dharavi redevelopment project, housing plans from IIT Bombay in Powai, and a slum rehabilitation scheme in Ghatkopar. The most significant proposal involves the Dharavi Redevelopment Project (DRP). Navbharat Mega Developers Pvt Ltd is seeking to clear 1,693 trees impacted by excavation for rehabilitation buildings…

IndustryLatest Stories

Dharavi Redevelopment: SRA Named Planning Authority for Salt Pan Land

Representative image MUMBAI: The Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority (SRA) have been designated as the special planning authority for the 42.51-acre Jamasp Salt Pan land located in Mulund East. According to a notification released on October 27 by the state urban development department, the SRA has been assigned this authority over the Dharavi area and the adjacent railway land included in the rehabilitation initiative. Additionally, it has authority over the 8.5-hectare Kurla Dairy site. The Mulund salt pan is part of the 256 acres the Centre has approved to be transferred for the Dharavi redevelopment project,…

CommercialLatest Stories

Dharavi Redevelopment: India’s Next Prime Business Hub

AI-generated Representative Image The redevelopment project of Dharavi, Asia’s largest slum, is set to introduce a dedicated commercial business district, enhancing both business and employment opportunities amidst one of the most ambitious urban transformations globally. A significant portion of the nearly 600-acre prime land in the heart of Mumbai, India’s financial hub, will be designated for commercial use, aiming to establish a central business district (CBD) that attracts diverse companies. This district is anticipated to feature Grade-A office spaces, premium retail, co-working areas, hotels, and infrastructure support, as per sources involved in the planning. “The commercial area will utilize land…