New Delhi, Aug. 13 -- Successful execution of the Dharavi redevelopment project would serve as a proof of concept for India's ability to undertake large-scale urban redevelopment and help attract greater foreign and institutional capital into the sector, Chairman, CII Real Estate (Northern Region) and BCD Group Co-founder Ashwinder R Singh has said.

Speaking to ANI on the sidelines of an event on infrastructure and real estate, Singh said the scale and complexity of the Dharavi redevelopment can make its successful execution an important milestone for India's real estate sector.

"Once this redevelopment is successful, as it is a joint venture between Maharashtra government and Adani, this is going to open a lot of doors for foreign and ...