Adani Properties, a real estate firm of the Adani Group, has signed an agreement with Mhada for the redevelopment of Motilal Nagar in Mumbai, marking a significant milestone in urban transformation.
Adani PropertiesMhadaRedevelopmentMumbaiMotilal NagarReal Estate MumbaiJul 07, 2025
The Motilal Nagar redevelopment project is valued at ₹36,000 crore.
Adani Properties emerged as the highest bidder for the Motilal Nagar project, outbidding L&T Realty.
The Motilal Nagar project spans 142 acres in suburban Mumbai's Goregaon (West).
Mhada will receive 397,100 square metres of constructed area from Adani Properties.
The construction of the rehabilitation units is expected to be completed within seven years.
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