
Adani Eyes Mumbai’s Prime Civic Plots
• Legacy Builders Out, Giants Step In
• 64 SRA Projects Up for Grabs
Unmesh Gujarathi
Sprouts News Exclusive
Contact: +91 932275509
Mumbai’s civic body has opened redevelopment of 64 slum-occupied plots to private developers, favoring those offering over 25% premium. Major players like Adani Realty have shown interest, replacing older developers. Meanwhile, Dharavi’s master plan gets state approval amid secrecy, raising concerns over privatization and displacement. Sprouts News Special Investigation Team reports.
BMC Shifts Strategy: 64 Slum Redevelopment Projects Open to Top Private Developers.
The Brihanmumbai Municipal Corporation (BMC), which initially intended to carry out the redevelopment of 64 slum-occupied plots under its ownership, has reversed its strategy. These plots, part of the Slum Rehabilitation Authority (SRA) scheme, will now be awarded to private developers willing to offer a premium exceeding 25%.
Until now, most big developers had shown little interest in participating in SRA projects. However, interest has surged recently, with major players like Adani Realty expressing active curiosity. According to the Sprouts News Special Investigation Team, this sudden shift is being viewed as a strategic move to pave the way for Adani Group to dominate Mumbai’s lucrative slum redevelopment space.
Legacy Developers Ousted as BMC Issues 13/2 Notices
Redevelopment across the city’s east and west suburbs had been stalled for years. Under pressure from the state government, BMC initiated a fresh redevelopment drive. It began collecting updated beneficiary data and evaluating potential developers for the 64 plots.
Legacy developers previously associated with these slum rehabilitation projects have now been formally ousted. The Slum Rehabilitation Authority (SRA) issued 13/2 notices, cancelling prior development rights. This effectively clears the field for a fresh batch of builders, selected via an open bidding model with premium incentives.
Adani, Wadhwa, Rustomjee Among 40 Bidders Attending High-Level Meeting
Initially, BMC approached MHADA (Maharashtra Housing and Area Development Authority) to explore its participation in the project. However, MHADA reportedly showed no interest, prompting BMC to open the projects for tender through a transparent bidding process.
In a key development, over 40 major real estate developers, including Adani Realty, Wadhwa Group, and Rustomjee, attended a strategic meeting with BMC officials last week. Their presence signals significant private sector interest in the high-value plots now being made available through this new model. As noted by the Sprouts News Special Investigation Team, this surge in attention is a dramatic policy shift, especially given the prior stagnation.
Dharavi Redevelopment Master Plan Approved Amid Confidentiality Concerns
In a parallel move, the Maharashtra Government has approved the Master Plan for Dharavi Redevelopment, one of Asia’s largest and most complex slum redevelopment projects. The approval came during a meeting chaired by Deputy Chief Minister Devendra Fadnavis at Sahyadri Guest House.
However, the government has not yet disclosed details on what existing Dharavi residents will receive. While the plan is being positioned as environmentally sustainable and integrated in approach, the Sprouts News Special Investigation Team has learned that the lack of transparency has raised concerns among activists and urban planning experts.
CM Fadnavis directed that:
•Every eligible original resident must be allotted a home,
•Economic activities and business continuity in Dharavi must be safeguarded,
•Development must be carried out with local participation and trust-building,
•Allocations must strictly follow eligibility guidelines.
Is BMC Pushing Adani-Led Privatization Under the Guise of Revitalization?
Stakeholders and civic observers are questioning whether this “premium-based” model is a calculated attempt to hand over Mumbai’s core urban land to a few select private giants—particularly the Adani Group. The fact that prior developers were ousted while heavyweight corporates are now entering the scene has ignited fresh scrutiny.
Founder & Editor-in-Chief, Sprouts News
Unmesh Gujarathi is an Indian investigative journalist and media professional with over 28 years of experience in print and digital journalism. He is the Founder and Editor-in-Chief of Sprouts News, an independent investigative publication headquartered in Mumbai, established in 2020.
Throughout his career, he has held editorial positions at leading media organisations, including:
His reporting has focused on investigative journalism, governance accountability, public policy, corruption, crime reporting and the Right to Information (RTI) framework in India.
As Editor-in-Chief of Sprouts News, he oversees:
Investigative direction
Editorial standards and verification protocols
Legal compliance and ethical review
Newsroom operations and accountability processes
Education & Academic Background
Unmesh Gujarathi holds:
His academic background supports his reporting in areas related to governance, financial systems, public administration and regulatory matters.
Published Works & Contributions
In addition to newsroom leadership, he is the author of more than 12 books in Marathi and English. His published works cover topics including:
The RTI Act and transparency mechanisms
Political leadership, including writings on Balasaheb Thackeray
Career guidance
Investigative journalism practices
He has contributed to national dailies and digital media platforms, focusing on evidence-based reporting and public-interest journalism.
Editorial Approach
Unmesh Gujarathi’s reporting methodology emphasises:
Under his leadership, Sprouts News has published investigative reports related to governance, regulatory oversight and institutional transparency.
Professional Contact
Editor-in-Chief
Sprouts News
Mumbai, Maharashtra, India
Phone: +91 9322755098
Email: unmeshgujarathi@gmail.com
Portfolio: www.unmeshgujarathi.com