In a landmark move for Mumbai’s urban renewal, Adani Properties has partnered with the Maharashtra Housing and Area Development Authority (MHADA) to redevelop Motilal Nagar, a sprawling 142-acre cluster in Goregaon (West). Valued at approximately Rs36,000 crore, the project marks MHADA’s largest single redevelopment initiative to date.
Under the agreement, Adani will serve as the Construction and Development Agency (C&DA), financing and executing the entire redevelopment while MHADA retains full land ownership and project control. The plan includes free rehabilitation of over 3,700 tenements, with eligible residents receiving 1,600 sq ft homes—the largest ever offered under MHADA’s housing schemes. Commercial unit holders will get 987 sq ft, and slum dwellers will be allotted 300 sq ft homes as per SRA norms.
The redevelopment will be completed in seven years, featuring a five-acre central park, modern infrastructure, and housing equipped with solar panels. Designed around the “15-minute city” concept, the master plan ensures proximity to transport, schools, hospitals, and public amenities. International firms Mecanoo (Netherlands) and Buro Happold (UK) have been enlisted for master planning and infrastructure design.
MHADA CEO Sanjeev Jaiswal called the project a “dream turning into reality,” emphasizing transparency, quality, and social commitment. The initiative also aims to regularize illegal constructions, address civic issues like flooding and waterlogging, and significantly boost MHADA’s housing stock with 3.97 lakh sq m of constructed area handed over by Adani.
