Real Estate

India’s Adani to Bag $4.1 Billion City Housing Project

The construction site of an Adani Realty residential project in Mumbai, India.

Photographer: Indranil Aditya/Bloomberg
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Billionaire Gautam Adani’s real estate unit has emerged the top bidder to redevelop one of the largest housing projects in Mumbai at an estimated 360 billion rupees ($4.1 billion), according to two people aware of the development.