The Maharashtra Housing and Area Development Authority (Mhada) on Monday officially signed the ₹36,000 crore redevelopment contract for Goregaon West’s Motilal Nagar I, II & III, setting the stage for a massive urban transformation under the “15-minute city” model.
The ambitious project — awarded to Adani Properties, a subsidiary of the Ahmedabad-based Adani Group — will redevelop 143 acres of aging residential layout into a high-density modern township, ensuring essential services like healthcare, education, markets, and public transport are all available within a 15-minute walk or commute. This marks Mhada’s second key-to-key redevelopment initiative after the BDD Chawl projects, ensuring that existing residents move directly into their new homes without needing temporary relocation or rent compensation.
The project will rehouse 3,372 residential units, 328 commercial structures, and 1,600 slum households, with 5.84 lakh sq metres allocated for residential rehab and 987 sq metres for commercial use. Around 20% green cover in the area is set to be preserved as part of the urban design mandate. Adani Properties clinched the contract by offering Mhada 3.97 lakh sq metres of built-up area, significantly higher than L&T’s 2.6 lakh sq metres during the bidding process. Despite signing the agreement, Adani Properties has declined to comment publicly.
The redevelopment, expected to take seven years, has faced legal and community pushback. A section of residents had challenged Mhada’s single-contract strategy in the Bombay High Court, but the court upheld Mhada’s approach. Separate demands for larger flats — up to 3,500 sq ft — were also rejected, with Mhada standing firm on the 1,600 sq ft unit plan.
“The residents will get homes as per the existing scheme,” a Mhada official stated, confirming that the policy remains unchanged.
Also Read: India secures ₹10,000 Cr FDI in maritime sector from Interorient and Danship, the biggest since 2005 liberalisation
Mumbais Rs36000 Cr Motilal Nagar redevelopment contract signed 15 minute city vision underway