Billionaire Gautam Adani's real estate arm, Adani Properties, has secured a major win by emerging as the highest bidder for the massive ₹36,000-crore Motilal Nagar redevelopment project in Mumbai. This strategic move further cements Adani's footprint in t
Real EstateAdani PropertiesMotilal NagarMumbaiSustainable DevelopmentReal EstateMar 13, 2025
The total value of the Motilal Nagar redevelopment project is ₹36,000 crore.
Adani Properties, the real estate arm of the Adani Group, is the highest bidder for the Motilal Nagar redevelopment project.
The key aspects of the Motilal Nagar redevelopment project include the construction of high-rise residential buildings, commercial spaces, and public amenities, with a strong emphasis on sustainability and energy efficiency.
The Motilal Nagar redevelopment project is expected to take several years to complete, with detailed phases of construction planned by Adani Properties.
Sustainability is a crucial aspect of the project, with Adani Properties incorporating energy-efficient technologies, green spaces, and smart city solutions to ensure the development is environmentally friendly.
Kalpataru, a prominent real estate developer in the Mumbai Metropolitan Region, is set to enter the 'Zero Mile City of India' – Nagpur, with a new project located close to the Samruddhi Expressway.
Uttar Pradesh Chief Minister Yogi Adityanath lays foundation stone for IKEA store in Noida, a ₹5,500-crore project set to boost commercial real estate and industrial development in the state.
COWRKS, a leading provider of premium workspaces, has announced its expansion with the opening of new centres in Mumbai and Bengaluru, adding 1.4 lakh sq ft to its total presence across India.
The Gujarat Real Estate Regulatory Authority (GujRERA) has directed all real estate developers in the state to open separate project bank accounts in Gujarat.
A luxury apartment at Lodha Sea View in Mumbai's Worli has been sold for a record-breaking Rs 187 crore. The property's prime location and ongoing infrastructure projects, such as the Mumbai Coastal Road and Metro Line-3, are driving its desirability.
Realty firm Keystone Realtors reports 45% decline in net profit at Rs 25.82 crore for June quarter FY25, citing higher expenses. Total income rises to Rs 437.20 crore during April-June period.