India’s largest slum — the Dharavi Redevelopment Authority (DRA) has come up with a new proposal to divide the four sectors to 13 sub-clusters and float tenders for the same, as last year, the Rs. 22,000 crore global tender to revamp 178 hectares of Dharavi slum failed to attract bidders. Hence, the DRA has now decided to go the sub-cluster route.

A senior DRA officer who did not wish to come on record said that builders are not in a position to bid for big sectors in view of the present real estate slowdown. But according to their feedback, they may get bidders for smaller sub clusters.

Pankaj Kapoor, CEO, Liases Foras, a real estate research firm, also seconded the sub cluster formula on the grounds that the monetary position of the real estate sector is not good. Builders are cash-strapped and not in a position to undertake such a massive project. The work at Dharavi involves not just construction of buildings, but also laying down of new infrastructure. Sub clusters may attract builders.

In hopes of creating a plush township in place of dense slums, Dharavi was divided into five sectors. One sector was handed over to Maharashtra Housing and Area Development Authority (MHADA). The remaining four sectors will now be subdivided into 13 parts and tenders will be floated for each separately.

The builder will need to rehabilitate the existing slum dwellers in his sub sector, apart from creating the entire infrastructure, like building roads, laying water and drainage lines as well other amenities.

The Dharavi revamp faced lot of problems since their inception in 2004. The two main hurdles included the eligibility factor where it was found that 63 percent people in sector 3 were found to be non-eligible, and the other was the large scale pull out by the developers due to the flip flop stance by the government.

Raju Kode, President, Dharavi Bachao Samiti said that DRA is just experimenting with the project sans any result. Instead of a fixed concrete programme, all they see are new experiments.

here is company details.

 

NOTE :You need to login first to access this feature.