Indian billionaire Gautam Adani's property unit has formed a joint venture with Mumbai's slum rehabilitation authority to redevelop the Dharavi, a key step towards rebuilding one of Asia's biggest slums that is mired in legal controversy. A spokesperson from Adani Group confirmed the formation of the entity, Dharavi Redevelopment Project Pvt Ltd, without elaborating further. Redevelopment of Dharavi, where 1 million people live, has been delayed for decades.
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