Dubai firm challenges Dharavi redevelopment bid in Supreme Court
pre-market1 source ↓written by the desknot a recommendation
- an area
- 2.4 square kilometers
A Dubai-based consortium has moved the Supreme Court against the Dharavi redevelopment project, alleging that bidding rules were changed after they were declared the highest bidder in 2019. The project was awarded to the Adani Group, covering an area of 2.4 square kilometers. This legal challenge may impact future urban development projects in India.
Not investment advice. For informational purposes only.