Maharashtra Cabinet approves land acquisition for affordable housing in Dharavi Redevelopment Project.

The Maharashtra Cabinet has approved the acquisition of 255.9 acres of Union salt pan land in Mumbai to support affordable housing for economically weaker sections. This land will be managed by Adani Realty as part of the Dharavi Redevelopment Project, which aims to provide rental housing and rehabilitate slum dwellers. The initiative is projected to benefit 350,000 to 400,000 people. Additionally, the Cabinet approved a discount on land premiums to expedite slum rehabilitation efforts.

September 30, 2024
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