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Re: [in-enaction] Dharavi: Sobha-Puravankara consortium bids for Dharavi project


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+  From: Architexturez-IN <admin-in@xxxxxxxxxxxxxxxxx>
+  Date: Thu, 06 Sep 2007 10:51:09 +0530
Architexturez wrote:
ref: http://business.timesonline.co.uk/tol/business/markets/india/article1873073.ece

From The TimesJune 2, 2007

Shantytown tells Bombay to prepare for a bloodbath
Dharavi may embarrass a city aiming to become a world finance centre but for many it is home and livelihood

....

The successful bidders, to be announced in September, must also have experience of developing seven million square feet in at least one 100-acre township.


Bangalore, Sept. 5 The Bangalore-based Sobha Developers and Puravankara Projects have, as a consortium, bid for the Rs 9,250-crore Dharavi Redevelopment Project in Mumbai.

Confirming this Mr J.C. Sharma, Managing Director, Sobha Developers, said that the consortium (a special purpose vehicle) “will qualify on financial and net worth parameters for all the five sectors. It’s an opportunity we would like to explore.”

cont'd....
http://www.thehindubusinessline.com/2007/09/06/stories/2007090653010100.htm

 
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