The signing ceremony was held at MHADA headquarters in the presence of Sanjeev Jaiswal, Vice President and CEO of MHADA, and Pranav Adani, Director of Adani Properties Private Limited.

During the event, a detailed presentation of the project plan was shared. Sanjeev Jaiswal stated that under the vision of Chief Minister Devendra Fadnavis and Deputy Chief Minister and Housing Minister Eknath Shinde, this project has gained new hope and direction. He assured that MHADA will ensure transparency, quality, and social responsibility in delivering what will be among the country’s best redevelopment initiatives. He emphasized that residents’ long-cherished dream will finally take shape beyond paper.

Motilal Nagar, spread across 142 acres, will become India’s largest redevelopment project executed under the Construction and Development model. A key highlight is the free rehabilitation of eligible residents into spacious, modern 1,600 sq. ft. apartments.

The project will generate a built-up area of 397,100 sq. m for MHADA, which will substantially augment MHADA’s future housing stock. The state government has granted special project status and directed implementation through MHADA’s Mumbai Housing and Area Development Board. The Bombay High Court also permitted redevelopment through a C&D agency.

After inviting bids, Adani Group was awarded the contract.

The redevelopment will cover 3,700 existing tenements over approx. 584,100 sq. m, along with 987 sq. ft. commercial premises to be provided to non-resident tenement holders.

Construction of the rehabilitation units is planned over seven years. The project is based on the concept of a “15-Minute City,” ensuring that offices, public transport, metro stations, parks, entertainment centers, schools, and hospitals are within a 15-minute radius. A 5-acre central park will be a signature feature.

Priority will be given to existing residents, and advanced traffic planning is being incorporated.

For master planning, Adani Group engaged international consultants:

• Mecanoo (Netherlands) prepared the comprehensive architectural master plan.
• Buro Happold (London) developed the infrastructure plan.
  Additionally, all rehabilitation buildings will be equipped with solar panels.

Key Project Details

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