Mumbai, Oct 29 (PTI) The Maharashtra cabinet on Thursday gave its nod to a decision to cancel the tender process for the long-pending Dharavi slum redevelopment project, and invite fresh bids.

The decision had been taken by a committee of secretaries in August.

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"Its decision to revise the terms and conditions and float tenders afresh was finalized today," an official statement said.

The previous Devendra Fadnavis government had decided on October 16, 2018, to redevelop Mumbai's Dharavi area, considered to be Asia's largest slum.

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Dubai-based Seclink Technologies Corporation, backed by the royal family of the UAE, had emerged as highest bidder for the project to redevelop the slum spread over 593 acres after the state housing department floated a Special Purpose Vehicle for the the project in November 2018.

After the committee of secretaries decided to scrap the tender process, Seclink had said it would bid afresh.

The Dharavi Redevelopment Committee, a federation of 52 associations of residents, had opposed the committee's decision, saying it would further delay the project which is pending for 16 years.

Under the proposed redevelopment, 67,000 families living in Dharavi were to get 350 sq ft houses.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)