Moneycontrol PRO
HomeNewsIndiaDharavi Redevelopment Plan: Existing industrial units to get more space, tax sops, common facility centre, says Maha Dy CM

Dharavi Redevelopment Plan: Existing industrial units to get more space, tax sops, common facility centre, says Maha Dy CM

Dharavi, located in the central part of the country's financial capital and among the biggest slum clusters in the world, is a hub for several small-scale, unorganised industries that manufacture medicines, leather, footwear, clothes etc.

December 30, 2022 / 21:13 IST
File image of Mumbai's Dharavi area.

Existing industrial units in Dharavi in Mumbai will get more space apart from a common facility centre and tax sops for five years as part of the area's redevelopment plan, Maharashtra Deputy Chief Minister Devendra Fadnavis said on Friday.

Dharavi, located in the central part of the country's financial capital and among the biggest slum clusters in the world, is a hub for several small-scale, unorganised industries that manufacture medicines, leather, footwear, clothes etc.

Replying to a calling attention motion in the Assembly, Fadnavis, who also holds the Home portfolio in the state government, said 59,165 families will be rehabilitated, of which 46,191 are residential and 12,974 non-residential.

He said the government will undertake rental housing for the families who are ineligible for rehabilitation.

Dharavi is a business hub and its redevelopment is not possible if the economic activity there is ignored, Fadnavis said.

While executing the Dharavi Redevelopment Plan, the area's economic contribution to Mumbai and Maharashtra has to be kept in mind, he asserted.

"This is why we have created an industrial and business zone. And the benefit of the industrial and business zone is that it will have common facility centre. They will be given more space than what they have with improved conditions," he said.

Referring to the Goods and Services Tax, he said taxes will be waived for five years, adding the state government will explore if rehabilitated buildings can be made maintenance-free.

With regards to religious sites, the deputy CM said legal structures will be protected.

They could be realigned, but will get an appropriate place, he added.

Last month, the Adani Group had emerged as the highest bidder for the 259-hectare Dharavi Redevelopment Project.

PTI
first published: Dec 30, 2022 09:13 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347