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Saturday, Sep 11, 2004

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Stable door

Paul Noronha

A view of the Mahalaxmi racecourse, known as the Royal Western India Turf Club (RWITC), from the 21st floor of Essar House in Mumbai. A few months ago, RWITC signed a Rs 135-crore deal with Pegasus Clubs and Resorts Pvt Ltd on sub-leasing a portion of the race course for commercial development. The deal has not yet gone through.

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