Industrialist Nusli Wadia has placed on the market three land parcels totaling over 20 acres in Malad belonging to the F. E. Dinshaw Trust, of which he is administrator. These lands are heavily encroached on by slums, reported The Times of India (ToI) on December 3, 2022. "Slum development is not for the faint-hearted… Such projects are messy because developers must deal with slumlords, goons and politicians,” a property market source rationalized. The Wadia owned real estate company (Bombay Realty) has chosen to stay away from the sale, the newspaper conveyed.
Nusli Wadia
It was announced in early November that......