| Font Size |
The 19 consortia in the running include companies like Dubai-based Limitless, DLF, Magarpatta Township Development & Construction Company, Mukesh Ambani's Reliance Engineering Associates Pvt Ltd, L&T, Indiabulls, HDIL and Emaar MGF.
The 19 consortia were pre-qualified from the 26 who had placed their technical bids, all evaluated on the basis of various criteria including a minimum annual turnover of Rs 2,560 million and a minimum net worth of Rs 3,070 million
Meanwhile, a biometrics-based Baseline Socio-Economic Survey of all households in the Central Mumbai slum is still underway.
Seeking to transform the slum into a developed township of five self-sustained sectors, each equipped with schools, medical centers, recreational activities, gardens and jogging tracks, the project will allow winning bidders to sell 133 sq feet of built up space for every 100 sq feet used to rehabilitate about 57,000 families living in the slum and eligible for free homes.
Discuss this story on expressindia forums
|
|