India: IIFL Group, others to invest $45m in Mumbai slum redevelopment project

India: IIFL Group, others to invest $45m in Mumbai slum redevelopment project

The IIFL Group and some of its wealthy clients are investing Rs 300 crore  in a real estate project in the western Mumbai suburb of Borivali, which will come up on redeveloped slum land, a company executive said.

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