The setting up of the JV is a critical step and assumes significance as it comes as Adani faces an ongoing legal challenge from a rival bidder, Dubai-based SecLink Technologies Corporation
Additional concessions were provided in the new tender issued in 2022 for Mumbai’s Dharavi slum redevelopment project as the new tender provided for affordable housing to around 7 lakhs tenements.
Dharavi Slum Redevelopment: The government earlier this month submitted its affidavit in response to a petition filed by the UAE-based company Seclink Technologies Corporation, challenging the government s decision awarding the project to Adani Properties Private Ltd.