| from the pro-poor, pro-ngo, pro-developer, pro-everybody DNA MUMBAI: The sub-continent’s biggest slum is also the most-prized urban renewal project in Mumbai. Which explains why the biggies of Indian real estate are in a race to bag the Rs5,661 crore Dharavi makeover plan.
Gammon India, K Raheja Universal, Hiranandani Group, Delhi-based DLF group, Kalpataru, Godrej, Tata Housing along with California developers (Los Angeles based) and a major Dubai consortium are among 25 groups in the running. And, why not. The project offers a Floor Space Index (FSI) as high as four (as opposed to the normal FSI of 1.5). Clearing final bureaucratic hurdles, the Maharashtra government will soon appoint a land acquisition officer to recover the private land encroached in Dharavi. Of a total 535 acres, 21 per cent are under private ownership and 16 per cent of this has been encroached upon. .... In addition to re-settling slum-dwellers, the plan proposes the conversion of 25 hectares into a Special Economic Zone (SEZ), in which the existing GDP of Rs2,000 crore can be enhanced to Rs13,000 crore. “The SEZ will house gem and jewellery factories, leather industry, info tech etc. It will ensure increase in productivity, value addition to existing units and create job opportunities for 75,000 people,” explains Mehta. cont'd.... http://dnaindia.com/report.asp?NewsID=1010214 _______________________________________________ in-enaction mailing list http://mail.architexturez.net/mailman/listinfo/in-enaction + Architexturez collaborative at http://portal.architexturez.org/
