News

STATE POSTPONES OPENING DATES FOR DHARAVI BID

The Maharashtra government has decided to postpone the opening of the bids for the Rs-15,000-crore Dharavi redevelopment project. Here is an update. The Maharashtra government’s sudden decision to postpone the opening of the bids for the Rs-15,000-crore Dharavi redevelopment project shocked builders and bureaucrats and set tongues wagging about the possible reasons. The bids were first supposed to be opened on July 20 but a decision was taken to postpone it till July 30. The state government’s official line for the postponement was that it could not decide “on the final notification for the project”. However, even officials admitted that Mantralaya had ample time to tide over these issues. Despite this reason, even officials admitted that Mantralaya had ample time to tide over these issues. The new date has not been announced yet. Several people closely associated with the project, including builders who were in the race, allege “behind-the-scenes manoeuvring”. Almost all of them were unanimous in their speculation of who the final five developers for the project would be. Reliable sources add that there had been wide-spread speculation that a few of the 14 short-listed companies had formed a cartel and were negotiating with a section of the political dispensation to grab this lucrative project. For years now certain politicians were batting for a cartel of big developers. The profits from the project are expected to run into several thousands of crores and the stakes are high given that the Assembly election is just a couple of months away. With cameraperson Ranjeet Gupta, Dheeraj Mishra for NMTV News.

Related Articles

Back to top button