Re-mumbai

Adani Properties Bets Big On Motilal Nagar With Rs 1 Lakh Crore Redevelopment Plan

Adani Properties is set to invest over Rs 1 lakh crore to transform Motilal Nagar in Goregaon (West), marking one of India’s largest urban renewal initiatives after the Dharavi redevelopment. Spread across 143 acres, the project is expected to be executed over more than a decade and aims to overhaul ageing housing infrastructure while creating a modern mixed-use township.

The redevelopment, overseen by the Maharashtra Housing and Area Development Authority, will cover Motilal Nagar 1, 2, and 3—clusters originally built in the 1960s that have faced mounting infrastructure stress and long-pending redevelopment plans. The project will involve rehabilitation housing, public infrastructure improvements, a share of MHADA housing, slum rehabilitation, and a free-sale component.

“The Motilal Nagar Redevelopment Project is one of the most important and historic projects in MHADA’s journey,” said Sanjeev Jaiswal, vice president & CEO, MHADA.

The development is expected to generate a total floor space index (FSI) of around 2.88 million square metres. Of this, nearly 6 lakh square metres will be used for rehabilitation, while about 4 lakh square metres will be handed over to MHADA. The remaining 1.89 million square metres will go to Adani Properties as the construction and development partner.

Under the plan, 3,702 eligible residential occupants will be rehoused in newly built units of roughly 1,600 sq ft each—significantly larger than standard redevelopment offerings in Mumbai. Additionally, 328 commercial occupants will receive units of around 987 sq ft, while nearly 1,600 slum dwellers will be rehabilitated under Slum Rehabilitation Authority provisions in homes exceeding 300 sq ft.

The blueprint includes a mixed-use township with residential, commercial, and social infrastructure. About 15 acres will be dedicated to open and green spaces, alongside schools, healthcare centres, markets, and community facilities. Planned upgrades also include multi-level parking, sewage treatment plants, rainwater harvesting, solar energy integration, and enhanced fire safety systems.

The project is also expected to tackle chronic waterlogging issues through improved drainage, redesigned internal roads, and upgraded water supply networks, signalling a major step in Mumbai’s push to modernise ageing urban clusters.

Source: The Economic Times

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