Indian billionaire Gautam Adani s plan to redevelop Mumbai s Dharavi slum sparks concerns over his ability to deliver amid financial setbacks and allegations of favourable treatment.
Adani s bid to remake Mumbai slum spurs residents doubts, favouritism claims thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Gautam Adani s Plan To Transform Mumbai s Dharavi Raises Doubts And Allegations: Report menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
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.