Adani Secures Rs 3.6 Trillion Motilal Nagar Project

10 Jul 2025 CW Team

The project, with an estimated cost of Rs 3.6 trillion, is one of the largest housing redevelopment initiatives in India and spans 142 acres. Under this agreement, Adani Group has been officially appointed as the Construction and Development (C&D) agency.

MHADA confirmed that this is the country’s largest redevelopment project being executed via the C&D model. The initiative aims to rehabilitate 3,372 eligible residential units, 328 commercial units, and 1,600 slum tenements governed by the 1971 Slum Act.

The agreement was signed in the presence of MHADA vice president and CEO Sanjeev Jaiswal and Pranav Adani, director of Adani Properties Pvt Ltd. “This dream of redevelopment is finally becoming reality. We are committed to transparency, quality and social responsibility through MHADA’s execution,” Jaiswal stated.

A standout feature of the project is the free rehabilitation of eligible residents in ultra-modern 1,600 sq ft apartments. MHADA will also receive 3.97 million sq m of built-up area from the developer, significantly increasing its future housing stock.

The Motilal Nagar redevelopment will cover approximately 58.41 million sq m and include a five-acre central park, dedicated commercial space for non-resident tenants, and integrated traffic and mobility planning. The project is expected to be completed within seven years.

For the master plan, Adani Group has engaged leading international consultants. The architectural blueprint has been designed by Dutch firm Mecanoo, while infrastructure planning has been led by London-based Buro Happold. The rehabilitated residential buildings will also feature solar panels, underlining the project’s sustainability credentials.

The Adani Group has secured its third major project in Mumbai—redevelopment of the Motilal Nagar colonies in Goregaon (West)—after clinching the Dharavi redevelopment and Bandra Reclamation land parcel deals. The Maharashtra Housing and Area Development Authority (MHADA) signed the redevelopment agreement with Adani Group on 7 July for Motilal Nagar 1, 2, and 3.The project, with an estimated cost of Rs 3.6 trillion, is one of the largest housing redevelopment initiatives in India and spans 142 acres. Under this agreement, Adani Group has been officially appointed as the Construction and Development (C&D) agency.MHADA confirmed that this is the country’s largest redevelopment project being executed via the C&D model. The initiative aims to rehabilitate 3,372 eligible residential units, 328 commercial units, and 1,600 slum tenements governed by the 1971 Slum Act.The agreement was signed in the presence of MHADA vice president and CEO Sanjeev Jaiswal and Pranav Adani, director of Adani Properties Pvt Ltd. “This dream of redevelopment is finally becoming reality. We are committed to transparency, quality and social responsibility through MHADA’s execution,” Jaiswal stated.A standout feature of the project is the free rehabilitation of eligible residents in ultra-modern 1,600 sq ft apartments. MHADA will also receive 3.97 million sq m of built-up area from the developer, significantly increasing its future housing stock.The Motilal Nagar redevelopment will cover approximately 58.41 million sq m and include a five-acre central park, dedicated commercial space for non-resident tenants, and integrated traffic and mobility planning. The project is expected to be completed within seven years.For the master plan, Adani Group has engaged leading international consultants. The architectural blueprint has been designed by Dutch firm Mecanoo, while infrastructure planning has been led by London-based Buro Happold. The rehabilitated residential buildings will also feature solar panels, underlining the project’s sustainability credentials.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..