Real Estate Mumbai
Dharavi Redevelopment: Adani Starts Work on 10,432 Homes
By GeoSquare News Desk · Published 2026-10-13
The Adani Group has officially started construction on 10,432 homes as part of the Dharavi redevelopment project in Mumbai. This first phase of the ambitious slum rehabilitation scheme will see homes handed over in phases, with the full timeline extending to 2030.
Project Scope
These 10,432 homes represent the initial tranche of the larger Dharavi redevelopment, which aims to transform one of Asia's largest slums into a planned urban district. The phased approach allows for systematic rehabilitation of eligible residents while opening up prime real estate in central Mumbai for future development.
Market Impact
For property buyers and investors, the commencement of physical work signals that the long-delayed project is finally moving forward. Dharavi's location near the Bandra-Kurla Complex and its connectivity to business districts make the redevelopment a key driver for the surrounding micro-market. As rehabilitation progresses, new commercial and residential supply is expected to emerge over the next decade.
The project is being monitored closely by stakeholders, with infrastructure upgrades and civic amenities planned alongside the housing component. Further phases will depend on the pace of rehabilitation and construction milestones.