Dharavi redevelopment may dampen real estate prices in Mumbai.

Niranjan Hiranandani, managing director of Hiranandani Group, says

The rehabilitation needs to be accomplished in a timely manner.


Dharavi slums, spread across 178 hectares of prime real estate in central Mumbai.


Have been neglected for over a century due to their dismal living conditions.

Has always offered a haven for poor migrants from all over India.


The Adani Group has secured the mandate to transform

These slums into commercial and residential complexes.