25 August 2024
Billionaire Adani’s Mumbai slum revamp struggles to secure land in potential setback
Gautam Adani’s joint venture to redevelop Mumbai’s Dharavi slum faces land acquisition challenges. The project aims to convert the 240-hectare area into a modern hub, but struggles to secure land for rehabilitating ineligible residents. Only those living in Dharavi before 2000 qualify for free homes. The $619 million project, targeting completion in seven years, is critical for Adani following recent controversies. Reuters