The salt pans – the last surviving open spaces in Mumbai, which also act as holding ponds for rain water – are proposed to be given to DRP Private Limited, a special purpose vehicle formed by Adani Realty, on lease for 99 years
Mumbai-based Arkade Developers has acquired a three-acre industrial land parcel in Bhandup for INR 104 crore ($14.3m), bringing its total developable area to 1.98 million sq ft.
Shinde said they were faced with the expected opposition to the demolition, but they were forced to act for the betterment of the neighbourhood. Notices were given, an annexure was made of the shops, and checks were conducted - a process that has taken over two years