Business

Dharavi Redevelopment Project Pitched As Catalyst For Inclusive Urban Renewal In Mumbai

Dharavi redevelopment has emerged as a landmark step in Mumbai’s urban transformation, with SVR Srinivas, CEO of the Dharavi Redevelopment Project (DRP), on Tuesday highlighting its focus on inclusive housing and livelihood preservation.

Speaking to ANI, Srinivas emphasised that the broader goal is to achieve a slum-free Mumbai and ultimately a slum-free Maharashtra, positioning the project as pivotal to nationwide urban renewal.

“The vision is slum-free Mumbai. That is the broader vision. And through that, to become a slum-free Maharashtra. And it’s a project of importance and central to the redevelopment of Mumbai. So it is also a step towards a slum-free India. That is the vision,” he stated.

Describing it as the most inclusive Slum Rehabilitation Authority (SRA) initiative undertaken in the country, Srinivas reiterated the project’s motto, ‘housing for all’, ensuring no one is left behind.

The DRP, aimed at transforming Dharavi, Asia’s largest slum, into an integrated and modern township, also places a strong focus on sustainable development.

Srinivas noted that the government’s aim is to balance both housing and livelihoods in the redesign.

“The most important part of this project is number one, housing for all, which we are giving. Number two, ensure that the livelihoods are protected. It is more of a livelihood issue. And I call this project a movement, because such a project has never ever taken place in our redevelopment history or urban history anywhere in India,” he asserted.

A Public-Private Partnership with a holistic vision

Structured under a Special Purpose Vehicle (SPV), the DRP operates as a public-private partnership (PPP) between the Adani Group and the Maharashtra Government.

The redevelopment offers eligible residents 350 sq ft homes equipped with independent kitchens and toilets – 17% larger than units provided in previous SRA projects.

Approved by Chief Minister Devendra Fadnavis last month, the master plan aims to preserve Dharavi’s unique characteristics while introducing modern infrastructure, economic opportunities, and enhanced living conditions for its residents.

The DRP outlines three core principles: economic transformation through redevelopment, ecological and infrastructural resilience, and social equity.

Plans include a network of interconnected green spaces, ranging from local parks to community playgrounds, ensuring accessible and walkable environments for all residents.

At its heart, a large public space will serve both Dharavi’s people and the broader Mumbai population.

The initiative, Srinivas said, is a chance to reshape Dharavi into a vibrant district, redefining the live-work experience for its residents and offering them a better quality of life.

Also Read: India’s Infrastructure Driving Growth Ambitions, Says Finance Minister

Mankrit Kaur

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