2 weeks ago
BMC clears Mulund plot lease for Adani Dharavi project
The city of Mumbai has a big plan to rebuild a place called Dharavi and give people better homes.
To help with that construction, the city government gave permission to a company to use a big piece of land in Mulund.
That land used to be a dumping ground where garbage was thrown.
The company, called NMDPL, will use the land to make concrete and other building materials.
NMDPL is mostly owned by Adani Properties, while the city's Slum Rehabilitation Authority owns a smaller share.
The company has to pay rent to use the land for five years.
It will pay a large amount in advance and then pay rent every month.
The rent will go up a little bit every six months.
Some people in the city government are unhappy about this decision.
They think public land should not be given to a private company without a fair bidding process, and they worry it could set a bad example.
The BMC's improvement committee cleared a five-year lease of a 15-acre parcel of Mumbai's former Mulund dumping ground to NMDPL.
The plot will be used to set up a casting yard and ready-mix concrete plant for the Dharavi redevelopment project.
Lease rent has been fixed at Rs 252 per sq metre, with NMDPL paying Rs 9.17 crore in advance, equivalent to six months' rent.
NMDPL will subsequently pay Rs 1.52 crore a month, with rent increasing by 6 per cent every six months.
Opposition criticised the handover of public land to a private entity without a tendering process, warning it could set a 'dangerous precedent'.
- Who
- The BMC's improvement committee cleared the lease to NMDPL, a special purpose vehicle owned 80 per cent by Adani Properties and 20 per cent by the Slum Rehabilitation Authority.
- What
- A five-year lease of a 15-acre parcel of the former Mulund dumping ground for use in the Dharavi redevelopment project.
- Where
- Mumbai, India — the land is the former Mulund dumping ground, to be used for the Dharavi housing project.
- When
- Friday, as reported in the article.
- Why
- To set up a casting yard and ready-mix concrete plant for construction of the Dharavi housing project.
Opposition Critics
BMC and Project Proponents
Allotment without tendering
Opposition Critics
Opposition questioned the handover of public land to a private entity without a tendering process and warned it could set a 'dangerous precedent' for future civic land allotments.
BMC and Project Proponents
The committee cleared the lease with rent terms fixed in advance (Rs 252 per sq metre) to support construction of the Dharavi housing project.
Private use of public land
Opposition Critics
Critics objected to leasing the former Mulund dumping ground, public land, to a private company.
BMC and Project Proponents
The plot will serve the public redevelopment project as a casting yard and ready-mix concrete plant, with the state's Slum Rehabilitation Authority holding a 20 per cent stake in the developer.
Key facts
- Plot location
- Former Mulund dumping ground, Mumbai (15 acres)
- Lease period
- 5 years
- Lessee
- Navbharat Mega Developers Private Limited (NMDPL)
- Lease rent
- Rs 252 per sq metre
- Advance payment
- Rs 9.17 crore (equivalent to six months' rent)
- Monthly rent
- Rs 1.52 crore, increasing by 6 per cent every six months
- Ownership of NMDPL
- Adani Properties 80%; Slum Rehabilitation Authority 20%
- Planned use
- Casting yard and ready-mix concrete plant for the Dharavi redevelopment project
Sources
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