Billionaire Adani Gets Final Nod to Revamp Famous Mumbai Slum
- Dharavi project won by Adani’s property arm late last year
- Residents have voiced concern over opaque plans for the slum
The slum is spread over roughly 620 acres (250 hectares) of potentially prime real estate in the financial capital, which is home to more than 20 million people.
Photographer: Uriel Sinai/Getty Images
Billionaire Gautam Adani’s real estate unit received final approval to start the redevelopment of Dharavi, one of Asia’s largest slums that sits in the heart of Mumbai.
A representative of the Mumbai Metropolitan Region Development Authority, which oversees the project, on Saturday confirmed it was given the go ahead by the Maharashtra state government. A spokesperson for Adani Group declined to comment.