The Maharashtra Housing and Area Development Authority (MHADA) has signed an agreement with the Adani Group to accelerate the redevelopment of the Motilal Nagar area in Goregaon, Mumbai.
Under the Motilal Nagar Redevelopment Project, authorities will rehabilitate 3,700 residents by providing them with modern apartments measuring 1,600 square feet each.
The developers will build the project across 142 acres, covering 5.8 lakh square meters.
The Adani Group secured the redevelopment contract by placing the highest bid for the project.
Authorities will also provide non-resident tenants with commercial spaces measuring 987 square feet.
Officials believe the project will significantly improve Mumbai’s urban infrastructure and expand access to affordable housing.
With state backing and private sector expertise, the initiative aims to transform the residential landscape in one of Mumbai’s prime suburbs.
Also Read: Adani University Commences Academic Year With ‘Navdiksha 2025’ Program
Rajasthan began the first phase of panchayat elections on Saturday, with polling underway for 3,314…
Sensex and Nifty fell over 2 per cent this week as rising crude oil prices,…
Prime Minister Narendra Modi praised ITBP personnel for their courage, determination and selfless service as…
Delhi’s AQI stood at 180 on Saturday as authorities intensified efforts to tackle pollution hotspots…
Indian-American Republican Saritha Komatireddy secured the New York Post’s endorsement against Attorney General Letitia James…
Piyush Goyal interacted with Indian researchers and students in Berlin, promising support for innovation, startups…