A number of developers have teamed up for the Nargis Dutt Nagar slum rehabilitation project, which may generate a revenue of up to Rs 10,000 crore. While Roshni Developers will be responsible for rehabilitating slum residents, Godrej Properties is expected to take up responsibility for the free-sale component
The Trinamool councillor of the area has been languishing in jail since June 2017 after having been convicted in a murder case.
Slum formation and protection is nothing short of demographic tinkering on the one hand, and buying votes on the other
Ramesh Jogani of IPAL spoke to CNBC-TV18 regarding the fund rasing of around Rs 2000 crore that the company is planning to do both via domestic as well offshore funds.