Adani group to get more value for TDR generated from Dharavi Redevelopment Project

The controversy over the Dharavi Redevelopment Project in Mumbai has intensified as the state government issued a notification allowing the use of Transfer of Development Rights (TDR) without an indexation. This change benefits the Adani group and requires all city builders to buy the first 40% of their required TDR from the project. Congress MLA Varsha Gaikwad accused the government of awarding the project to Adani as a "Diwali gift." The notification has sparked criticism and allegations of corruption. Adani Realty was awarded the project bid in December 2022. | Mumbai news