Business Standard

Adani's Dharavi ambitions

The project ups the stakes on implementation

Gautam Adani
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Photo: Bloomberg

Business Standard Editorial Comment Mumbai

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Days after the Maharashtra government issued a resolution to enable Adani Properties to start redeveloping Dharavi, for which it had won the bid in November last year, group Chairman Gautam Adani weighed in with an optimistic note recording his “huge personal connect” with one of Asia’s largest slums. This connection, he explained, caused him to bid 2.5 times higher than the next bidder for the project. Mr Adani noted that once the project to rehabilitate 650,000 inhabitants and develop the 259-acre slum was completed within the stipulated timeline, he was confident that former world heavyweight boxing champion Mike Tyson, who

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First Published: Jul 20 2023 | 10:17 PM IST

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