July 9, 2025: The Adani Group has officially been awarded the redevelopment rights for the expansive Motilal Nagar colonies in Goregaon (West), Mumbai. Spanning 142 acres and valued at Rs 36,000 crore, the project is being executed in partnership with the Maharashtra Housing and Area Development Authority (MHADA). This marks Adani’s third major real estate initiative in the city, following the Dharavi redevelopment and a strategic land acquisition at Bandra Reclamation.
The agreement was formalised on July 7 at MHADA headquarters, with key officials including MHADA Vice President and CEO Sanjeev Jaiswal and Adani Properties Director Pranav Adani in attendance. The conglomerate has now been appointed as the official Construction and Development (C&D) agency for the project.
Motilal Nagar 1, 2, and 3 currently comprise approximately 3,700 residential units. Under the redevelopment plan, 3,372 eligible homes will be rehabilitated, alongside 328 commercial units and 1,600 recognised slum tenements under the 1971 Slum Act. Non-residential tenants will receive 987 square metres of commercial space.
The built-up area will total an estimated 584,100 square metres, with the rehabilitation phase expected to conclude within seven years. The design blueprint includes a five-acre central park and upgraded mobility infrastructure. Dutch firm Mecanoo has developed the urban master plan, while UK-based Buro Happold is leading infrastructure planning.
Sustainability is central to the project, with solar-powered systems planned for all residential buildings. Improved traffic circulation, pedestrian pathways, and public spaces are also integral.
Under the C&D model, MHADA will receive 397,100 square metres of built-up area from Adani, bolstering future public housing stock. This project reflects Mumbai’s broader push towards public-private redevelopment models and reinforces Goregaon’s role as a strategic real estate corridor in the city’s western suburbs.
Source: The Realty Today
