Adani Group has recently received the project of redevelopment of Motilal Nagar in Mumbai. Adani Group has made the highest bid of Rs 36,000 crore for this redevelopment project in Goregaon (West). This is the third major redevelopment project of Adani Group in Mumbai. Real Estate Observers believe that Adani Group is rapidly becoming a “power hub” in Mumbai’s huge real estate market, especially in the redevelopment. This suburban area is spread over 143 acres in Goregaon (West). These plots are low-height houses, commercial properties and slums. The total investment for the project can reach Rs 36,000 crore. It is being said that Adani Group company Adani Properties Private Limited (APPL) has emerged as the most bidding company for this project. It has offered a more manufactured area than its nearest rival L&T. MHADA will be assigned 3.97 lakh square meters -made area related to Khabenmotilal Nagar, in Adhani Group 143 acres in Adhiya Group 143 acres, the area built 3.97 lakh square meters, Maharashtra Housing and Area Development (MHADA) will hand over the affordable housing in Maharashtra. The project expects redevelopment of 3,372 residential units, 1,600 eligible slums and 328 commercial units from this project. Motilal Nagar-I is known for its commercial estabilizations, including the entertainment industry associated Estabiliation. A real estate observer located in Mumbai said, “In the case of Adani’s development path in the real estate of Mumbai, projects like Township are clearly an important part of the strategy, as seen with strategy. Apart from many residential units in that project, there are thousands of commercial units. Dili will have a chance to buy a cheap DDA house, Booking will be done for Rs 50000, DDA reduces 25% of the houses, the price of the house and the managing partner Chintan Vasani says, ‘For the company like Dharavi, the company like Dharavi says,’ Delivering the redevelopment project is within its capabilities. Successful real estate firms have created strong teams, and Adani Group has done the same in the last few years. Previously, large listed companies had a lack of bandwidth for such projects, where developers had to provide facilities and commercial infrastructure to MHADA, tenants and slums to be allotted to place. ‘
