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Boyle has bought the film rights to "Maximum City: Bombay Lost and Found", a 2004 book by Suketu Mehta, the Indian-born, New York-based journalist and author, for an undisclosed sum, said the paper.
Mehta's first book, a searing account of Mumbai--part personal essay, part travelogue--received global acclaim and was a finalist for the 2005 Pulitzer Prize.
Boyle, who shot Slumdog on the streets and slums of Mumbai, one of the most crowded cities in the world, has already credited Mehta's book for its invaluable insights into the city.
Last December, in a Seattle Weekly interview about the making of Slumdog, Boyle said: "Maximum City, became my Bible, really. I took it with me everywhere. I felt part of the time we were adapting that."
Mehta's non-fiction narrative immersed itself in the life of Mumbai's policemen, underworld dons and dancing girls. With a journalist's skill in documenting, he met with political party Shiv Sena leader Bal Thackeray, followed Mumbai top cops on their beats, and tracked the life of a bar dancer, weaving it all in a modern-day epic that compared the Indian megapolis with that other Godzilla-sized city, New York.