Adani Group is making significant strides in the real estate sector by constructing a large-scale township near the upcoming Navi Mumbai International Airport. This project, spanning over 600 acres, aims to provide a modern and integrated living environment. The development is set to include residential units, commercial spaces, and various amenities, positioning it as a potential hub for both residents and businesses.
Real EstateTownshipNavi MumbaiAdani GroupSustainable DevelopmentReal Estate NewsApr 22, 2025
The new township being developed by Adani Group near the Navi Mumbai International Airport is named Shantigram.
The Shantigram township project covers an area of 600 acres.
Key features of Shantigram include a wide range of residential units, commercial spaces, educational institutions, healthcare facilities, and recreational areas. The township will also focus on modern infrastructure, sustainability, and connectivity.
The Shantigram project is expected to create thousands of jobs during the construction phase and attract businesses and residents once completed, further driving economic growth in the region.
Adani Group's approach to sustainability in the Shantigram project includes incorporating green spaces, water conservation measures, and renewable energy solutions into the design of the township.
Maharashtra MLAs have urged the scrapping of the Nagpur-Goa highway project due to environmental concerns and sustainability issues.
Institutional investments in Indian real estate surge to a record $4.8 billion, driven by foreign and domestic investors, with emerging sectors like data centres and life sciences gaining traction.
Navi Mumbai police found real estate agent Sumit Jain's body near Pen, Raigad, but are still searching for Amir Khaanzada, NCP leader, who was with Jain.
Ashish Singh, head of India and SE Asia realty at Actis, resigns after 20 years of experience in real estate. He will stay on till end of 2025.
The recent stimulus package from the Chinese government, focusing on real estate and infrastructure, has boosted metal stocks, with National Aluminium and NMDC each rising by 3%. This positive trend reflects growing optimism in the global metal market.
The Bombay High Court has ordered all municipal corporations and councils in Maharashtra to integrate their websites with the MahaRERA portal for real-time data sharing and improved transparency.