Gautam Adani to transform Mumbai’s Dharavi slum Into Modern City Hub
Gautam Adani to transform Mumbai’s Dharavi slum Into Modern City Hub
Recently, the State government had given an approval to Adani to redevelop the Dharavi Slum close to upmarket district of offices, malls, airport
News comes to the fore that Gautam Adani, the Indian tycoon who controls the port-to-power conglomerate, plans to transform Dharavi, one of Asia’s largest slums that sits in the heart of Mumbai, into a modern city hub following his real estate unit having received the government’s approval to start redevelopment.
According to Adani he will “transform Dharavi into a modern city hub,” by supporting small industries and promoting new jobs focused on young people and women.
Last week his group won the right to redevelop the area, after posting a bid for 50.7 billion rupees ($618 million).
News input KV Raman
