Adani Group Secures Massive Motilal Nagar Redevelopment Project in Mumbai
The Adani Group has secured its third significant real estate project in Mumbai, the redevelopment of Motilal Nagar 1, 2, and 3 colonies in Goregaon, following its involvement in the Dharavi redevelopment and the Bandra Reclamation land deal.
Adani GroupMumbaiReal EstateRedevelopmentMotilal NagarReal Estate MumbaiJul 08, 2025
On 07 July, 2025, the Maharashtra Housing and Area Development Authority (MHADA) signed a redevelopment agreement with Adani for the Motilal Nagar project, estimated at Rs 36,000 crore. Spanning 142 acres, this project is one of Mumbai’s largest housing redevelopment initiatives and is being executed through the Construction and Development (C&D) model.
As per MHADA, the project will rehabilitate 3,372 eligible residential units, 328 commercial units, and 1,600 slum tenements under the 1971 Slum Act. This marks the country’s largest redevelopment project to be carried out via the said model. The agreement signing took place at MHADA headquarters in the presence of key dignitaries, including Sanjeev Jaiswal, Vice President & CEO of MHADA, and Pranav Adani, Director of Adani Properties.
The Motilal Nagar redevelopment project is a significant step towards urban rejuvenation and improving the quality of life for residents. The C&D model ensures that the development is sustainable and benefits both the developers and the community. Adani Group's expertise in large-scale infrastructure projects makes it a suitable partner for such an ambitious initiative.
The project is expected to bring modern amenities and infrastructure to the area, including better roads, water supply, and sanitation facilities. It will also create numerous job opportunities, contributing to the local economy. The Adani Group has a strong track record in real estate and infrastructure development, and this project is likely to set new standards for urban redevelopment in Mumbai.
The redevelopment of Motilal Nagar is part of a broader plan to transform Mumbai into a more livable and sustainable city. The project aligns with the government's vision of providing affordable and quality housing to all. The Adani Group's involvement in multiple high-profile projects in the city demonstrates its commitment to contributing to Mumbai's growth and development.
In addition to the Motilal Nagar project, Adani Group is also involved in the Dharavi redevelopment, which is one of the world's largest slum redevelopment projects. The Dharavi project aims to provide modern housing and amenities to over 100,000 residents, transforming the area into a model of urban planning and sustainability. The Bandra Reclamation land deal, another significant project, involves the development of prime land in Bandra, one of Mumbai's most affluent areas.
The Motilal Nagar redevelopment project is a testament to the Adani Group's capabilities and its commitment to sustainable urban development. With its third major project in Mumbai, the group is poised to play a crucial role in shaping the city's future. The project is expected to be completed in phases, with the first phase focusing on the rehabilitation of existing residents and the construction of new infrastructure.
Overall, the Motilal Nagar redevelopment project is a significant milestone in Mumbai's urban transformation. It represents a collaborative effort between the government and the private sector to create a better living environment for the city's residents. The Adani Group's involvement in this project is a clear indication of its dedication to contributing to the development of Mumbai and improving the lives of its citizens.
Frequently Asked Questions
What is the total estimated cost of the Motilal Nagar redevelopment project?
The total estimated cost of the Motilal Nagar redevelopment project is Rs 36,000 crore.
How many residential units will be rehabilitated under this project?
The project will rehabilitate 3,372 eligible residential units.
What model is being used for the Motilal Nagar redevelopment project?
The Motilal Nagar redevelopment project is being executed through the Construction and Development (C&D) model.
Who are the key dignitaries present at the agreement signing?
The key dignitaries present at the agreement signing include Sanjeev Jaiswal, Vice President & CEO of MHADA, and Pranav Adani, Director of Adani Properties.
What are the other major real estate projects Adani Group is involved in Mumbai?
Adani Group is also involved in the Dharavi redevelopment and the Bandra Reclamation land deal in Mumbai.
Related News Articles
Hardik Pandya's Net Worth: A Closer Look at His Wealth and Assets
From his lucrative IPL contracts to his impressive real estate portfolio
Boosting Realty Affordability: Experts Call for Policy Shifts and Infra Improvements
Industry experts emphasize the need for policy changes and infrastructure development to address affordability issues in the real estate market.
Pune's Real Estate Empire: Minor's Father in Custody Over Cheating Case
A Pune court has allowed the police to take custody of the father of the minor accused in the Porsche crash case, in a cheating case registered against him at Kondhwa police station.
Revolutionizing Traffic Management: Pune Police, PMC, and Google Collaborate to Improve Road Infrastructure
Pune takes a significant step towards reducing traffic congestion and travel time with the collaboration of Pune Police, PMC, and Google on 32 main roads.
New Developments in Rs 100 Crore Real Estate Investment Fraud
Prospect Realty, a firm registered before the sub-registrar of Salcete, Margao, is at the center of a massive Rs 100 crore investment fraud. The firm, engaged in the real estate business, has been accused of misleading investors with false promises. Myron
Maharashtra Government to Mandate Precast Construction for Mumbai Real Estate
The Maharashtra government is working on a policy to make precast construction mandatory for real estate projects in Mumbai, aiming to streamline construction processes and enhance building quality.