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Dharavi project seeks exemptions on GST, staircase, open space rules
Financial Express Kochi
|June 02, 2025
FROM TAX EXEMPTIONS to waivers on charges for any deficiencies in staircase and open space rules, the Dharavi redevelopment project has sought several key exemptions that are pending government approval.
These, along with other issues awaiting clearance, were flagged in a presentation by the Navbharat Mega Developers Private Limited (NMDPL)—the special purpose vehicle (SPV) set up through a joint venture between Adani Properties Private Limited (80%) and the state government's Slum Rehabilitation Authority (20%) to execute the redevelopment project—during a high-level review meeting chaired by Chief Minister Devendra Fadnavis on May 28 at which the project master plan was cleared.
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