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Dharavi Redevelopment Project

News   •   Feb 01, 2016 12:38 IST

ICB: Dharavi Redevelopment Project
Slum Rehabilitation Authority

Request for Qualification cum Request for Proposal

The State Government of Maharashtra has decided to redevelop DHARAVI, the largest slum in Mumbai, as an integrated planned township. Government has notified the lands admeasuring about 240 Ha as the Dharavi Notified Area and appointed Slum Rehabilitation Authority, as Special Planning Authority. Dharavi is situated close to Bandra Kuria Complex, the Financial hub of Mumbai. It is the centre point of Mumbai and well connected with all kinds of public transport modes.

Government aims to undertake the redevelopment of Dharavi, comprising of slum and non-slum area, as per the provisions of Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971 and under the Regulation 33(9)(A) and 33(10)(A) of Development Control Regulations. 1991 for Greater Mumbai. The area has been divided into 5 sectors. Sectors 1 to 4 are now proposed to be developed through Private Developers. Selected Developers will have to construct free housing for the eligible slum dwellers and occupants, including amenities and infrastructure as per the terms and conditions mentioned in the Bid document.

In-lieu of it, the Developer will be entitled to construct free sale area to sell in the market. The Floor Area Ratio/Floor Space Index is four for the project. The proposed completion period of the construction of rehab, renewal, amenities and infrastructure is 7 years from the signing of the development agreement.

The Sector will be awarded to the qualified Bidder, quoting the highest offered value. No Bidder shall be selected as Developer for more than one Sector.

Pre-bid meeting is scheduled on March 05, 2016.

The last date for submission of Bid is April 07, 2016.

Tendersontime, the world's largest aggregator of Tenders and Projects information, would like to inform all interested firms, joint ventures and companies who participate in such projects, to use this opportunity and expand their business.

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