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Dharavi Redevelopment Project

Background:
The State Government of Maharashtra has decided to redevelop DHARAVI, the largest slum in Mumbai, as an integrated planned township. Government has notified the lands admeasuring about 240 Ha as the Dharavi Notified Area and appointed Slum Rehabilitation Authority, as Special Planning Authority. Dharavi is situated close to Bandra Kurla Complex, the Financial hub of Mumbai. It is the centre point of Mumbai and well connected with all kinds of public transport modes.
Government aims to undertake the redevelopment of Dharavi, comprising of slum and non-slum area, as per the provisions of Maharashtra Slum Areas (Improvement, Clearance and Redevelopment) Act, 1971 and under the Regulation 33(9)(A) and 33(10)(A) ofDevelopment Control Regulations, 1991 for Greater Mumbai. The area has been divided into 5 sectors. Sectors 1 to 4 are nowproposed to be developed through Private Developers. Selected Developers will have to construct free housing for the eligible slum dwellers and occupants, including amenities and infrastructure as per the terms and conditions mentioned in the Bid document. In-lieu of it, the Developer will be entitled to construct free sale area to sell in the market. The Floor Area Ratio/Floor Space Index is four for the project. The proposed completion period of the construction of rehab, renewal, amenities and infrastructure is 7 years from the signing of the development agreement.
Selection Process:
The Authority invites bidders to submit their Bids in a single-stage, two e-envelopes e-tendering process. The first e-envelope shall be evaluated to ensure Technical and Financial qualification.
The Sector will be awarded to the qualified Bidder, quoting the highest offered value. No Bidder shall be selected as Developer for more than one Sector.
The Authority invites offers from experienced and qualified bidders from India and abroad for redevelopment of Sector 1 to 4 separately. The bid documents can be downloaded from the website https://mahatenders.gov.in  between January 30, to April 07, 2016. Pre-bid meeting is scheduled on March 05, 2016. The last date for submission of Bid is April 07, 2016.