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The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

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India’s biggest redevelopment project with ₹1 lakh crore ...
2026-04-18 · via The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

India’s biggest redevelopment project, the Motilal Nagar Redevelopment Project at Goregaon (West), in suburban Mumbai is set to take off with state government housing entity Maharashtra Housing and Area Development Authority (MHADA) unveiling the master plan on Friday (April 17, 2026).

Spread across approximately 143 acres in the heart of Mumbai’s suburban region, this project is being undertaken under the Construction & Development Agency (C&DA) model by the Adani Group.

Total FSI of the project is 28 lakh sqmt once completed and the free sale component is estimated at 18 lakh sqmt. 

The project will involve investment of about ₹1 lakh crore by Adani over a period of 7 to 10 years including ₹36,000 crore to build MHADA housing, rehabilitation flats, rehab commercial units and internal roads. 

The comprehensive master plan for the redevelopment of Motilal Nagar 1, 2, and 3 colonies was presented to local residents today at Ganesh Maidan, Goregaon (West) by Sanjeev Jaiswal, IAS, Vice President and Chief Executive Officer, MHADA.

“The Motilal Nagar Redevelopment Project is one of the most important and historic projects in MHADA’s journey. The State Government is committed to providing well-planned and quality housing to all citizens,” he said.

Pending for nearly two decades, the State government recently gave it momentum.

Originally developed in the 1960s, the Motilal Nagar colony catered to the needs of the middle class at the time. However, with growing population, changing lifestyles, and increasing pressure on infrastructure, the need for comprehensive redevelopment became imperative.

The State Government has granted the status of a Special Planning Authority to MHADA for the implementation of this project.

The Adani Group has been selected as the Construction & Development Agency (C&DA) through a tendering process. 

MHADA has set a target of completing the project within the next seven years after receiving of the Occupation Certificate. 

Under the project, 3,702 eligible residential beneficiaries will be provided free rehab housing units of approximately 1,600 sq. ft. each, while 328 eligible commercial occupants will receive commercial units of 987 sq. ft. each. 

Additionally, around 1,600 slum dwellers will be rehabilitated with 300 sq. ft. housing units under SRA provisions. MHADA will also receive a substantial housing stock as part of the redevelopment.

A key highlight of the project is its transformation into a “15-minute city”, where essential amenities such as schools, clinics, hospitals, markets, commercial complexes, green parks, senior citizen zones, playgrounds, jogging tracks, cycling tracks, cultural halls, and gymnasiums will be accessible within a 15-minute radius.

The existing colony, located in a low-lying area, has faced persistent challenges due to waterlogging over the years. The redevelopment will address these issues through improved internal road networks, efficient water supply, and proper drainage systems, thereby enhancing the overall quality of life for residents, MHADA officials said.

Published - April 17, 2026 10:14 pm IST