Adani Group aims to demolish what it describes in legal documents as an area of "unhygienic, deplorable" conditions and build new towers on state-owned land to accommodate residents and their businesses. Consultancy Liases Foras estimates Adani may invest up to $12 billion on remaking Dharavi and in return get development rights that could yield revenue of up to $24 billion.
Indian billionaire Gautam
Adani s plan to rehouse a million people living in one of Asia s
biggest slums is fuelling worries among residents about his
capacity to deliver amid high-profile financial.
Adani s bid to remake Mumbai slum spurs residents doubts thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
Indian billionaire Adani s bid to remake Mumbai slum spurs residents doubts, favoritism claims arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.