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Dharavi project seeks exemptions on GST, staircase, open space rules

Financial Express Hyderabad

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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.

- VALLABH OZARKAR

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.

When contacted, a senior official with the housing department said while these pending issues are yet to be cleared by various departments, they are not a part of the master plan. "The pending issues raised are important for the project, and the respective departments will follow their procedures and take a final decision," the official said.

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