Berliner Boersenzeitung - In India's Mumbai, the largest slum in Asia is for sale

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.834974
GBP 0.834166
GEL 2.893653
GGP 0.834974
GHS 13.055243
GIP 0.834974
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.834974
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.834974
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.587311
MNT 4015.514918
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 132.393741
WST 3.108622
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.340367
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

In India's Mumbai, the largest slum in Asia is for sale
In India's Mumbai, the largest slum in Asia is for sale / Photo: Indranil MUKHERJEE - AFP

In India's Mumbai, the largest slum in Asia is for sale

Stencilled just above the stairs, the red mark in Mumbai's Dharavi slum is tantamount to an eviction notice for residents like Bipinkumar Padaya.

Text size:

"I was born here, my father was born here, my grandfather was born here," sighed the 58-year-old government employee.

"But we don't have any choice, we have to vacate."

Soon, bulldozers are expected to rumble into Asia's largest slum, in the heart of the Indian megalopolis of Mumbai, flattening its labyrinth of filthy alleyways for a brand-new neighbourhood.

The redevelopment scheme, led by Mumbai authorities and billionaire tycoon Gautam Adani, reflects modern India -- excessive, ambitious, and brutal.

If it goes ahead, many of Dharavi's million residents and workers will be uprooted.

"They told us they will give us houses and then they will develop this area," Padaya said.

"But now they are building their own planned areas and trying to push us out. They are cheating us."

On the fringes of Dharavi, Padaya's one-storey home is crammed into a tangle of alleys so narrow that sunlight barely filters through.

- Engine room and underbelly -

Padaya says his ancestors settled in the fishing village of Dharavi in the 19th century, fleeing hunger and floods in Gujarat, 600 kilometres (370 miles) to the north.

Waves of migrants have since swelled the district until it was absorbed into Mumbai, now home to 22 million people.

Today, the sprawl covers 240 hectares and has one of the highest population densities in the world -- nearly 350,000 people per square kilometre.

Homes, workshops and small factories adjoin each other, crammed between two railway lines and a rubbish-choked river.

Over the decades, Dharavi has become both the engine room and the underbelly of India's financial capital.

Potters, tanners and recyclers labour to fire clay, treat hides or dismantle scrap, informal industries that generate an estimated $1 billion annually.

British director Danny Boyle set his 2008 Oscar-winning film "Slumdog Millionaire" in Dharavi -- a portrayal that residents call a caricature.

For them, the district is unsanitary and poor -- but full of life.

"We live in a slum, but we're very happy here. And we don't want to leave," said Padaya.

- 'City within a city' -

A five-minute walk from Padaya's home, cranes tower above corrugated sheets shielding construction.

The redevelopment of Dharavi is underway -- and in his spacious city-centre office, SVR Srinivas insists the project will be exemplary.

"This is the world's largest urban renewal project," said the chief executive of the Dharavi Redevelopment Project (DRP).

"We are building a city within a city. It is not just a slum development project."

Brochures show new buildings, paved streets, green spaces, and shopping centres.

"Each single family will get a house," Srinivas promised. "The idea is to resettle hundreds of thousands of people, as far as possible, in situ inside Dharavi itself."

Businesses will also remain, he added -- though under strict conditions.

Families who lived in Dharavi before 2000 will receive free housing; those who arrived between 2000 and 2011 will be able to buy at a "low" rate.

Newer arrivals will have to rent homes elsewhere.

- 'A house for a house' -

But there is another crucial condition: only ground-floor owners qualify.

Half of Dharavi's people live or work in illegally built upper floors.

Manda Sunil Bhave meets all requirements and beams at the prospect of leaving her cramped two-room flat, where there is not even space to unfold a bed.

"My house is small, if any guest comes, it is embarrassing for us," said the 50-year-old, immaculate in a blue sari.

"We have been told that we will get a house in Dharavi, with a toilet... it has been my dream for many years."

But many of her neighbours will be forced to leave.

Ullesh Gajakosh, leading the "Save Dharavi" campaign, demands "a house for a house, a shop for a shop".

"We want to get out of the slums... But we do not want them to push us out of Dharavi in the name of development. This is our land."

Gajakosh counts on the support of local businesses, among them 78-year-old leatherworker Wahaj Khan.

"We employ 30 to 40 people," he said, glancing around his workshop. "We are ready for development. But if they do not give us space in Dharavi, our business will be finished."

- 'A new Dharavi' -

Abbas Zakaria Galwani, 46, shares the same concern.

He and the 4,000 other potters in Dharavi even refused to take part in the census of their properties.

"If Adani doesn't give us as much space, or moves us somewhere from here, we will lose," Galwani said.

More than local authorities, it is Adani -- the billionaire tycoon behind the conglomerate -- who has become the lightning rod for criticism.

His fortune has soared since Prime Minister Narendra Modi took office in 2014. So it was little surprise when his group won the Dharavi contract, pledging to invest around $5 billion.

Adani holds an 80 percent stake in the project, with the state government controlling the rest. He estimates the overall cost at $7–8 billion and hopes to complete it within seven years.

He has publicly vowed his "good intent" and promised to create "a new Dharavi of dignity, safety and inclusiveness".

Sceptics suspect he's after lucrative real estate.

Dharavi sits on prime land next to the Bandra-Kurla business district -- home to luxury hotels, limousine showrooms and high-tech firms.

"This project has nothing to do with the betterment of people's lives," said Shweta Damle, of the Habitat and Livelihood Welfare Association.

"It has only to do with the betterment of the business of a few people."

She believes that "at best" three-quarters of Dharavi residents will be forced to leave.

"An entire ecosystem will disappear," she warned. "It's going to be a disaster."

(G.Gruner--BBZ)