Skip to content
Search

Latest Stories

Adani to start Dharavi slum redevelopment survey next month

Survey to determine eligibility of residents for free housing

Adani to start Dharavi slum redevelopment survey next month

A firm led by Indian billionaire Gautam Adani will start in February to collect the data and biometrics of up to one million poor residents as part of the redevelopment of a slum in Mumbai that is considered one of Asia's largest.

The survey will be crucial in deciding who among the residents of the Dharavi slum will be eligible to receive a free home in the area that is being redeveloped. However, authorities have struggled for decades to fix up the area, which covers 640 acres (260 hectares), with Adani Group finally winning the bid to redevelop the area together with the state of Maharashtra, though legal disputes over the awarding of the contract are outstanding.


Only residents that have lived in Dharavi before the year 2000 will be eligible for the free housing. The last survey of the area was conducted 15 years ago and some estimates show about 700,000 ineligible inhabitants could be relocated outside Dharavi, which has sparked worries of lost livelihoods or high rent payments for those people.

In the door-to-door survey exercise the Adani-led firm will use questionnaires to gather details of Dharavi occupants, whether they use the premises for residential or commercial purposes, proofs of ownership and biometric data, said S V R Srinivas, head of Dharavi Redevelopment Authority which is overseeing the project.

"Teams will go to each and every house ... biometric data will be collected," Srinivas said in an interview. "Objective is that all eligible people should get houses and no ineligible people should get undue advantage."

Indian opposition parties have protested the redevelopment saying the state government, headed by prime minister Narendra Modi's party, and other allies unfairly favoured Adani when the company won the $614 million redevelopment bid. The state and Adani deny any wrongdoing.

Adani has hired global teams for the project and Srinivas said he expects the redevelopment to start within a year.

The survey will be done in two parts with a pilot phase first executed within three to four weeks with a few hundred residents. The full exercise will take nine months.

The final eligibility of the residents who will get free homes or relocated will be decided by the Dharavi Redevelopment Authority, and more staff will be hired soon to oversee the survey and the project, Srinivas added.

(Reuters)

More For You

UK business district
The Canary Wharf business district including global financial institutions in London.
Getty Images

Economy grew 0.7 per cent in Q1 2025, fastest in a year

THE UK economy expanded at its fastest pace in a year during the first quarter of 2025, driven by a rise in home purchases ahead of a tax deadline and higher manufacturing output before the introduction of new US import tariffs.

Gross domestic product rose by 0.7 per cent in the January-to-March period, the Office for National Statistics (ONS) said, confirming its earlier estimate. This was the strongest quarterly growth since the first quarter of 2024.

Keep ReadingShow less
Rosneft in early talks to sell India refinery stake to Reliance

Reliance Industries chairman Mukesh Ambani (Photo: Getty Images)

Rosneft in early talks to sell India refinery stake to Reliance

RUSSIAN oil major PJSC Rosneft Oil Company is in early discussions with Reliance Industries to sell its 49.13 per cent stake in Nayara Energy, an Indian energy company that operates a 20-million-tonnes-per-year oil refinery and 6,750 petrol pumps, sources familiar with the matter said.

The deal, if finalised, would see Reliance overtake state-owned Indian Oil Corporation (IOC) to become India’s largest oil refiner. It would also provide Reliance with a significant expansion in fuel retailing, where it currently holds a relatively small presence.

Keep ReadingShow less
modi-trump-getty
Trump shakes hands with Modi during a joint press conference at Hyderabad House in New Delhi on February 25, 2020. (Photo: Getty Images)
Getty Images

Key issues in India, US trade talks

TRADE talks between India and the US have hit a roadblock over disagreements on duties for auto components, steel and farm goods, Indian government sources said to Reuters, dashing hopes of reaching an interim deal ahead of president Donald Trump's July 9 deadline to impose reciprocal tariffs.

Here are the key issues at play:

Keep ReadingShow less
Anil Agarwal

Vedanta Resources, which is based in the UK and owned by Indian billionaire Anil Agarwal, has been working on reducing its debt. (Photo credit: Getty Images)

Getty Images

Anil Agarwal’s Vedanta Resources signs £438 million refinancing deal

VEDANTA LTD said on Thursday that its parent company, Vedanta Resources, has signed a loan facility agreement worth up to £438 million with international banks to refinance existing debt.

The refinancing move, where old loans are replaced by new ones, often at better terms like lower interest rates, has led ratings agencies such as S&P Global Ratings and Moody's to upgrade their outlook on the company this year.

Keep ReadingShow less
Trump-Getty

Trump said that while deals are being made with some countries, others may face tariffs.

Getty Images

Trump says major trade deal with India may be finalised soon

US PRESIDENT Donald Trump on Friday said a "very big" trade deal could be finalised with India, suggesting significant movement in the ongoing negotiations between the two countries.

“We are having some great deals. We have one coming up, maybe with India. Very big one. Where we're going to open up India," Trump said at the “Big Beautiful Bill” event at the White House.

Keep ReadingShow less