The company, in a statement, said the rebranding exercise has received the affirmation from the Board of Directors and the Ministry of Corporate Affairs. The company name was changed in response to the holistic value proposition and renewal of its corporate vision,

Pvt Ltd (DRPPL), the Adani-backed company undertaking the ambitious plan of revamping Dharavi slums, is rebranding itself in line with the company’s “promise of building a modern, inclusive and vibrant community”,

Dharavi Redevelopment Project Private Ltd (DRPPL) has rebranded itself as Navbharat Mega Developers Private Ltd (NMDPL) - matching with the company's promise of building a modern, inclusive and vibrant community,

Adani Group renames Dharavi Redevelopment Project to Navbharat Mega Developers, facing criticism from Dharavi Bachao Andolan over the change.

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Company says it is to avoid being mistaken for the government authority in the same space, which is Dharavi Redevelopment Authority (DRA)

Navbharat Mega Developers—as the entity is now known—was set up after Adani Group had emerged as the highest bidder for the project to redevelop Dharavi.

Dharavi Redevelopment Project Private Ltd (DRPPL), the company undertaking the ambitious plan of revamping Dharavi, is rebranding itself in response to the holistic value proposition and renewal of its corporate vision.