The area, known as Bhendi Bazaar, will rehouse 20,000 people crammed into 250 crumbing buildings in a Muslim enclave in south central Mumbai, just north of the British-built train station formerly known as Victoria Terminus. Estimated to cost 40 billion rupees ($600 million), the project is attracting bids from local and international companies with experience in urban redevelopment. And it’s being held up as an example for an India seeking to convert its centuries-old decaying housing into modern living.
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