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Adani Properties Pvt Ltd's Rs 5,069-crore Bid Upheld for Dharavi Slum Redevelopment Project
Contract Type
contract
MumbaiReal EstateConstructionDescription
The Bombay High Court upheld the tender awarded to Adani Properties Pvt Ltd by the Maharashtra government for the Dharavi slum redevelopment project. The court dismissed the petition by Seclink Technologies Corporation challenging the government's decision and ruled that there was no arbitrariness, unreasonableness or perversity in the decision. Adani Properties Pvt Ltd's bid of Rs 5,069 crores for the project was confirmed by the court.