Adani Project’s Impact On The Real Estate In Surrounding Areas

Maharashtra | Eligible home buyers can get an additional 17 percent of the space, which is equivalent to 350 square feet, officials of Dharavi Redevelopment Project Pvt Ltd said. further future more benefits and effectiveness are there

Adani Project's impact on the Real estate in surrounding areas

Maharashtra | The Adani Group, in partnership with the Government of Maharashtra, has announced an incredible opportunity for Eligible homebuyers in Dharavi. The Dharavi Redevelopment Project Pvt Ltd (DRPPL) will provide flats with independent kitchens and toilets measuring a minimum of 350 sq ft, the highest among slum redevelopment projects in Mumbai.

Adani Project’s Impact on the Real Estate

This move is expected to have a positive impact on the real estate in the surrounding areas, making it an ideal time to invest in property in the region. Don’t miss out on this chance to own a spacious and modern home in a prime location.

Eligible homebuyers are those who were in existence before 1 January 2000. “The new flats will be dream homes for all Dharavikars and will upgrade their living conditions. Every home will reflect the spirit of a Dharavikar, whose aspirations have always mirrored those of a common Mumbaikar.

According to DRPPL Spokesperson

We at DRPPL are committed to fulfilling these dreams and aspirations while keeping the very soul of Dharavi intact” said a DRPPL spokesperson. Each flat has a separate kitchen and built-in independent toilet and is not only secure but also well-lit, ventilated, and hygienic.

As per the norms defined by the Government of Maharashtra, ineligible home buyers in Dharavi will be accommodated under the proposed affordable rental housing scheme. For this, the officials said that the development will be undertaken in the style of Dharavi, taking into account the need for residential houses in many Navi Dharavis.

Earlier, residents of informal settlements in Maharashtra were given houses measuring 269 square feet. In 2018, the state government started giving them homes between 315 sq ft and 322 sq ft as per the minimum area prescribed under the Pradhan Mantri Awas Yojana for Homes for urban poor.

Conclusion

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Also read: Impact of Dwarka Expressway on Real Estate of Delhi NCR

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