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Context:
Dharavi Redevelopment Project Private Ltd (DRPPL) the Adani-backed company, has been renamed Navbharat Mega Developers Private Ltd (NMDPL).
Key Highlights:
- NMDPL is the executing authority of the mega project over 600 acres of Dharavi redevelopment.
- Maharashtra government retains 20 percent of NMDPL.
- It is one of the world’s largest urban resettlement and regeneration projects, aims to transform Dharavi’s sprawling 600-acre slum. Home to over one million residents.
