Adani Properties Pvt Ltd (APPL) has emerged as the highest bidder for the Rs 36,000 crore Motital Nagar redevelopment project in Mumbai, offering more built-up area than its nearest rival. This significant win cements the Adani Group's commitment to trans
Adani GroupReal EstateMumbaiUrban RedevelopmentSustainable DevelopmentReal Estate MumbaiMar 12, 2025
The Motital Nagar redevelopment project is a Rs 36,000 crore initiative to revitalize a key area in Mumbai, involving the construction of modern residential complexes, commercial spaces, and public amenities.
Adani Properties Pvt Ltd (APPL), a subsidiary of the Adani Group, emerged as the highest bidder for the Motital Nagar redevelopment project.
The key features of the project include the construction of high-rise residential buildings, commercial complexes, and public spaces, all integrated with sustainable and eco-friendly practices.
The project is expected to improve the quality of life for residents, enhance the city's infrastructure, and create numerous job opportunities during the construction phase.
The Adani Group has committed to incorporating green building principles and energy-efficient technologies in the Motital Nagar redevelopment project to reduce its carbon footprint and promote sustainable development.
The CPI(M) has accused the BJP of attempting to hand over Waqf land to real estate barons, alleging a broader strategy to monetize public resources. Md Salim, a prominent CPI(M) leader, argues that this move is part of a larger plan to benefit the real estate sector.
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