The Maharashtra government has invited global tenders to redevelop Dharavi, one of the largest slums in Asia, into an integrated township under a Rs 22,000-crore project. According to the sources, the selected lead partner will have to form a special purpose vehicle (SPV) with 80 per cent equity (Rs 400 crore) and the Maharashtra government will hold the rest of the equity in the project. The SPV will construct free houses for eligible slum dwellers and will also be entitled to construct houses for sale in the open market. As per reports building affordable to mid-range housing projects here would completely reinvent the residential real estate equation of Central Mumbai and make a major contribution to the Central Government’s Housing for All by 2022 target. However, it will not be easy for the Maharashtra government to go ahead with the plan. Over 60,000 families live in Dharavi currently.