Adani Group Secures India’s Largest Redevelopment Project in Mumbai: A ₹36,000 Crore Initiative

The Adani Group has secured the contract for the ambitious Motilal Nagar redevelopment project in Mumbai, marking its third major real estate venture in the city. This ₹36,000 crore project aims to transform the lives of thousands of residents.

Adani GroupMumbaiReal EstateRedevelopmentMhadaReal Estate MumbaiJul 09, 2025

Adani Group Secures India’s Largest Redevelopment Project in Mumbai: A ₹36,000 Crore Initiative
Real Estate Mumbai:In a significant push toward urban renewal, the Adani Group has partnered with the Maharashtra Housing and Area Development Authority (MHADA) for the ambitious Motilal Nagar redevelopment project in Goregaon (West), Mumbai. The project, estimated to cost ₹36,000 crore, is now India’s largest redevelopment initiative to be executed through a construction and development model.

The project covers the redevelopment of Motilal Nagar 1, 2, and 3 colonies, spanning 5.84 lakh square metres, and aims to transform the lives of thousands of residents.

According to MHADA, the redevelopment will include:

- 3,372 eligible residential units
- 328 eligible commercial units
- 1,600 slum tenements under the 1971 Slum Act

A highlight of the project is the free rehabilitation of all eligible residents into ultra-modern 1,600 sq. ft. apartments, raising the standard of housing for thousands of Mumbai citizens.

With Adani Group appointed as the Construction and Development (C&D) agency, the project will also bring in top international expertise:

- Mecanoo, a leading architectural firm from the Netherlands, will develop the master plan.
- Buro Happold, a UK-based infrastructure consultancy, will handle infrastructure planning.

The master plan is expected to integrate sustainability features, including solar panels on residential buildings.

MHADA officials shared that the redevelopment will yield 397,100 lakh sq. metres of constructed area for the authority, significantly increasing its housing inventory for future needs. Sanjeev Jaiswal, VP and CEO of MHADA, stated, “This long-cherished dream of the residents of Motilal Nagar is becoming a reality, ensuring transparency, quality, and social commitment.”

This marks Adani Group’s third major real estate venture in Mumbai, following Dharavi redevelopment and Bandra Reclamation. The Motilal Nagar project highlights how public-private partnerships can redefine urban infrastructure with scale, quality, and speed.

Frequently Asked Questions

What is the estimated cost of the Motilal Nagar redevelopment project?

The estimated cost of the Motilal Nagar redevelopment project is ₹36,000 crore.

Which colonies are being redeveloped in the Motilal Nagar project?

The project covers the redevelopment of Motilal Nagar 1, 2, and 3 colonies.

Who are the international firms involved in the project?

Mecanoo, a leading architectural firm from the Netherlands, will develop the master plan, and Buro Happold, a UK-based infrastructure consultancy, will handle infrastructure planning.

How many residential units will be included in the redevelopment?

The redevelopment will include 3,372 eligible residential units.

What is the significance of this project for MHADA?

The redevelopment will yield 397,100 lakh sq. metres of constructed area for MHADA, significantly increasing its housing inventory for future needs.

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