25 August 2024

Billionaire Adani’s Mumbai slum revamp struggles to secure land in potential setback

By Redoy K

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