WORLD’S LARGEST SLUM AREA IN INDIA ‘DHARAVI’ IS GOING TO BE RE-DEVELOPED BY THE SECOND MOST RICHEST PERSON IN THE WORLD, GAUTAM ADANI
The picture of Dharavi is going to be change in the next seven years.
Dharavi is a slum area in Mumbai, Maharashtra, India, considered to be one of the world’s largest slums. Dharavi has an area of just over 2.1 square kilometres (0.81 sq mi; 520 acres) and a population of about 1,000,000. With a population density of over 277,136/km2 (717,780/sq mi), Dharavi is one of the most densely populated areas in the world.
The Dharavi slum was founded in 1884 during the British colonial era, and grew because the expulsion of factories and residents from the peninsular city centre by the colonial government and from the migration of rural Indians into urban Mumbai. For this reason, Dharavi is currently a highly diverse settlement religiously and ethnically.
Dharavi has an active informal economy in which numerous household enterprises employ many of the slum residents — leather, textiles and pottery products are among the goods made inside Dharavi. The total annual turnover has been estimated at over US$1 billion.
Dharavi has suffered from many epidemics and other disasters, including a widespread plague in 1896 which killed over half of the population of Bombay. Sanitation in the slums remains poor.
Dharavi is often compared to Orangi slum in Karachi. While Orangi has double the population of Dharavi, it is spread over an area of 60 sq.km, about 30 times that of Dharavi. Effectively, Orangi slum dwellers have 15 times more land per capita than Dharavi.
In the year 1997, it was the first time when the state goverment proposed the idea of the re-developement of Dharavi. But due to some political issues it delayed to the year 2019. In the year 2019, the Dubai-based Seclink Technology Corporation won the tender for Rs 7,200 crore, surpassing Adani Group’s bid of Rs 4,529 crore but the project couldn’t take off because the goverment said that they want to include some railway land area too for the re-developement project. In the end of year 2022 once more the bidding was held, where the government wanted the tender of atleast Rs1600 crores. Adani group quoted Rs5069 crores followed by Rs2025 crores quoted by DLF group. Adani group have the equity of 80% inand state government have the equity of 20% in the entire project worth around Rs20000 crores. In the next decade the Dharavi will look like this:-
The people living in Dharavi since 1 Jan 2000, will get a house of 300sq feet for free and people living here since year 2000–2011 will have to pay some amount. This project is expected to take seven years to be completed. The real estate value of Dharavi also increases because of its location. It is located in the centre of the city Mumbai, just next to the India’s richest buisness district, Bandra Kurla complex. The face value of the Mumbai can be chaged through this project.
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