India s biggest urban makeover means free homes for 20 000.

(Bloomberg) -- India's Biggest Urban Makeover Means Free Homes for 20,000 The Trust contracted local developer Capacit'e Infraprojects Ltd. to develop the first of the towers and New Jersey-based Tricone consortium for another under its supervision until it finishes the process of choosing a final developer. The developer ultimately chosen to complete the project will be granted 20 percent of the land to sell privately in exchange for building the towers with new homes and shops for all the current residents, according to the trust's CEO Abbas Master. [Extracted from the article]