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The Economic Times

Economy / The Economic Times

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Slumdogs no more: Can tycoons take the Mumbai Model to other cities?

India's top business tycoons like Adani and Ambani are shifting focus from city outskirts to redeveloping Mumbai's older housing and slum areas. This strategic move, driven by scarce and expensive greenfield land, aims to transform decaying urban pockets. Major projects are underway, signaling a new era of large-scale urban regeneration that could serve as a model for cities nationwide.

30 Jun 2026 3:28 pm