Reliance to pay ₹700 cr to rehabilitate Mumbai slum residents

Reliance Industries has entered the slum rehabilitation sector, agreeing to pay around ₹700 crore to the Slum Rehabilitation Authority (SRA) for a major redevelopment project in Mumbai. The initiative will provide new homes to eligible residents while unlocking valuable urban land for development. The move marks Reliance's growing interest in large-scale real estate.