Category: Development

Dharavi: While the ice cream cone melts

30 October, 2009 (09:54) | Capital markets, Development, Dharavi, Global news, India, Slums, Speculation | No comments

Did you ever fight with your sibling over who got the ice cream cone, only to see it splatter onto the sidewalk?
 

Who ordered the large?
 
That’s the sinking feeling probably being experienced by the government public-private team trying to recruit developers into their Herculean effort to redevelop Mumbai’s Dharavi slum, as the global credit crunch thins [...]