Adani Plans ₹10,000 Cr Township Near Navi Mumbai Airport

Adani Realty is set to embark on one of its most ambitious real estate projects to date—a sprawling township in Navi Mumbai. Spanning over 1,000 acres, this project is expected to be the largest in the company’s portfolio, surpassing its previous ventures like the 600-acre Shantigram in Ahmedabad.

This mega township project, currently being referred to as Adani Panvel, will be developed over the next decade, with an estimated investment of ₹10,000 crore, double that of the Shantigram development.

A Grand Vision for Navi Mumbai

The new township will be strategically located near the upcoming Navi Mumbai International Airport, a key infrastructure project developed by a joint venture between Adani and Cidco, with Adani holding a 74% stake, as per news reports.

This project aims to create a thriving, mixed-use development that will feature residential, commercial, and retail spaces. The township’s proximity to the airport, along with the Mumbai Trans Harbor Link, a 22 km expressway connecting Mumbai and Navi Mumbai, is expected to significantly boost the region’s infrastructure, making it a prime location for real estate development.

Adani’s Real Estate Expansion

Adani Group’s foray into real estate dates back to 2010, and over the years, the company has accelerated its growth in the sector. The launch of this new township in Navi Mumbai signals the conglomerate’s continued push to dominate the real estate market in the Mumbai Metropolitan Region (MMR).

Over the last five years, Adani Realty has expanded rapidly, with projects not just in MMR but also in Pune, Ahmedabad, and the Delhi-National Capital Region (NCR).

The company’s current portfolio includes over 200 million sq. ft. of development, with another 130 million sq. ft. under potential development. Its projects include a mix of luxury residential projects and large-format developments, which often incorporate complex and ambitious designs.

Read More: ICRA Forecasts Modest Growth in Housing Sales for FY26.

The Competition Heats Up in Navi Mumbai

As the region’s real estate market heats up, many prominent developers are eyeing land in Navi Mumbai. The area has become a hotspot for investment, with major players like K Raheja Corp Homes and Godrej Properties planning new launches in the vicinity

Conclusion

Adani Realty’s upcoming township project in Navi Mumbai reflects the company’s long-term commitment to the region’s growth and its focus on providing modern, premium living spaces. With the surrounding infrastructure developments and the influx of other developers into the market, Navi Mumbai is poised to become a significant real estate hub in the coming years.

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