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Bombay HC upholds Adani's bid to develop Dharavi slum
Mint Bangalore
|December 21, 2024
The project gained momentum in 2016 under the Bharatiya Janata Party-Shiv Sena led govt
The Bombay High Court has upheld the Maharashtra State Housing Department's award of the Dharavi slum rehabilitation project to Adani Properties Pvt. Ltd, dismissing a legal challenge from Dubai's Seclink Technology Corp. The ruling clears the way for the Gautam Adani-promoted entity to lead the redevelopment of the 259-hectare slum in central Mumbai, one of Asia's largest.
Seclink, which lost the bid to Adani in 2022, argued its ₹7,200 crore offer was not only higher but more deserving than Adani's ₹5,069 crore bid. It also alleged that the state government's decision to cancel the earlier tender and issue a fresh one was biased, violating the principles of natural justice.
Seclink's lawyer told Mint it will challenge the order in the Supreme Court.
Dit verhaal komt uit de December 21, 2024-editie van Mint Bangalore.
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