MUMBAI: A year after it was given the mandate to redevelop Sector V, Mhada has got bids from only two firms in response to its advertisement inviting contractors to build 344 flats as part of a pilot project in Dharavi. The two bidders are Shirke Constructions and Neptune Group.
However, even before the bids are finalized, Congress MP Eknath Gaikwad has warned against opening them. "Three years ago, the state government cancelled bids saying there was inadequate competition despite seven companies showing interest . If the government found seven bids insufficient, then on what grounds can Mhada claim good competition and open the bids when it has received only two responses?'' he argued. Read more
Source : articles.timesofindia.indiatimes.com