Adani Group Partners with MHADA for Motilal Nagar Redevelopment Project Worth ₹36,000 crore

MHADA has signed an agreement with the Adani Group to redevelop the Motilal Nagar 1, 2, and 3 colonies located in Goregaon (West), Mumbai. The Adani Group will serve as the Construction and Development (C&D) agency for the project. The signing took place at MHADA headquarters.

The redevelopment is estimated to cost around ₹36,000 crore. The Motilal Nagar area spans 142 acres and has been identified as a ‘special project’ by the Maharashtra government. It will be implemented through MHADA’s Mumbai Housing and Area Development Board.

Tenements and Rehabilitation Plan

The existing colonies house around 3,700 tenements. Residents will be moved into 1,600 sq. ft. apartments after redevelopment. Rehabilitation will cover an area of approximately 5.84 lakh sq. m. Commercial tenants will be allotted 987 sq. m. of space.

MHADA will receive 3.97 lakh sq. m. of constructed space from the developer. Construction of the rehabilitation units is expected to be completed within 7 years. The project is being executed through a C&D model following state approval.

Read more: Adani Enterprises to Raise ₹1,000 Crore Through NCDs!

Urban Planning and Design

The redevelopment follows the “15-minute city” model. It aims to provide access to offices, public transport, schools, hospitals, and other amenities within 15 minutes. A 5-acre central park is planned, with resident rehabilitation and excellent traffic and mobility planning as top priorities..

Consultants 

The master plan has been developed by Netherlands-based architecture firm Mecanoo. Infrastructure planning has been carried out by London-based consultancy Buro Happold. Both firms were appointed by the Adani Group.

MHADA floated tenders for the C&D role, and Adani Group was selected over L&T. L&T had proposed handing over 2.6 lakh sq. m. of constructed space compared to Adani’s 3.97 lakh sq. m.

Conclusion

This is Adani Group’s 2nd large-scale urban project in the city, following the Dharavi redevelopment, which involves the rehabilitation of nearly 72,000 tenants at an estimated cost of over ₹95,790 crore.

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