The face of modern India
Property developers in Mumbai are ploughing €1.4bn into the city’s last major swathe of undeveloped land, as part of a wider plan to move the main business district northward. The city’s centre is currently near the southern edge, making the daily commute for millions of workers extremely difficult.
Upmarket high-rise apartment buildings, offices and retail space will go up on the 23-acre plot in Wadala, a suburb in the centre of the island city. Developers will also dedicate 15 acres to much-needed parks…