PROJECT UPDATE
Adani Group Begins Dharavi Redevelopment Construction: 125,000 Units Planned, First Delivery by 2029
The Dharavi Redevelopment Project undertaken by the Adani Group reached a significant milestone in 2025, as construction began on 6.5 acres of railway land, marking the first tangible progress in over 40 years. In its December 20, 2024 verdict, the high court cleared the decks for redevelopment of the slums in Dharavi by upholding the tender awarded to the Adani Group for the project.
| Land Area | 259 hectares |
|---|---|
| Developer & Structure | The Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture of the Maharashtra government and the Adani Group, is executing the redevelopment. Structured as a public-private partnership between the Maharashtra Government (20 per cent) and Adani Group (80 per cent) |
| Development Rights Premium | Adani Group emerged as the highest bidder with its Rs 5,069-crore offer in the 2022 tender process. |
| Total Residential Units | Over 125,000 residential units, which includes rehabilitation housing for existing residents and free-sale apartments. |
| Price Band (Entry Unit) | The starting price for a 1 BHK unit is ₹35 Lakhs. |
| Population to be Rehabilitated | It houses more than a million people in a densely populated slum. |
| First Phase Construction Start | In January 2025, the Maharashtra government granted permission for the first phase of construction work to begin. |
| Rehabilitation Timeline | The successful completion of the project is expected within the coming 7 years. |
| First Delivery Window | The project framework targets first tower delivery within 36 to 48 months of formal vacate, which positions early 2029 to mid 2029 as the earliest delivery window. |
| RERA Status (as of September 2026) | With RERA approval under process and a projected possession by 2030 |
Project Location & Context
Dharavi is a slum colony having a mix of residential and small industrial units. Adani Dharavi Mumbai is situated in the heart of Dharavi, one of Mumbai's most central and well-connected localities. Its proximity to the Bandra-Kurla Complex (BKC), the city's leading business district, and major transport links like the Eastern Express Highway and the Western Railway makes it an incredibly accessible location.
Spread over an area of around 600 acres, it houses more than a million people in a densely populated slum along with four large industries -- pottery, food processing, leather, and plastic scrap.
Project Scope & Configuration
The project involves constructing 125,000 homes, with half in Dharavi and the rest in the Mumbai Metropolitan Region. It also unlocks 130 million square feet of free sale area for commercial and residential development.
The Rs 95,790 crore project under Adani Realty plus SRA has January 2032 completion target. The redevelopment project spans over an area of 225msf, of which 95msf is a rehabilitation area, and 130msf is a free sale area.
Under the redevelopment project, every informal tenement holder and qualified ineligible tenement holder will get a home. As per the DRP tender, all eligible and ineligible resident tenement holders will get a flat with an independent kitchen and toilet.
Construction Status & Timeline
Construction began on 6.5 acres of railway land, marking the first tangible progress in over 40 years. The first phase includes handing over buildings by December 2026 and starting construction of 30,000 units in FY27.
Construction of the first set of tenements of 350 square feet each is planned. The overall rehabilitation carries a seven-year timeline running to 2032, so completion is a back-loaded, multi-year process.
The survey, which began on March 18, 2024, has so far completed 10,000 tenements via door to door visits while counting has been done on more than 21,000 tenements.
Pricing & Product Mix
The starting price for a 1 BHK unit is ₹35 Lakhs. For the most current offers and pricing, please contact the sales team directly. With RERA approval under process and a projected possession by 2030, this project represents a once-in-a-lifetime opportunity to own a home in central Mumbai.
The project includes both rehabilitation units for eligible residents and sale-component units that will be offered to external buyers, with pricing and timeline expected to be communicated closer to construction completion.
Regulatory & Legal Status
The Bombay High Court upheld the Maharashtra government's decision to award the Dharavi slum redevelopment project to Adani Properties Private Limited, dismissing a petition by UAE-based Seclink Technologies Corporation. The court said that there was no arbitrariness, unreasonableness, or perversity in the decision to award the project to the Adani Group.
The Dharavi Redevelopment Project or DRP is being implemented by the Dharavi Redevelopment Project / Slum Rehabilitation Authority (DRP/SRA), which is the Special Planning Authority appointed by Government of Maharashtra for the project. The execution of the project will be undertaken by Adani Navbharat Developers Pvt. Ltd. (Formerly DRPPL) where the DRP/SRA is a joint venture partner.
Social & Economic Benefits
Adani said, "Our Dharavi Social Mission is uplifting youth through skilling, healthcare and employment programs. Over 1 million people will move from narrow lanes to a township that will feature spacious layouts, dual toilets, open spaces, schools, hospitals, transit hubs and parks."
Eligible industrial and commercial units in redeveloped Dharavi will receive a five-year holiday in State Goods and Services Tax. This will help promote and formalise their businesses.
Development phases
Land use
Frequently asked questions
Who won the Dharavi Redevelopment Project tender and when?
The Adani Group emerged as the highest bidder for the 259-hectare Dharavi redevelopment project in the heart of Mumbai and bagged it with its Rs 5,069-crore offer in the 2022 tender process.
How many people will be rehabilitated and housed?
Adani Group is set to rehabilitate nearly 10 lakh Dharavi residents under Mumbai's massive redevelopment project, aiming to provide modern housing, improved infrastructure, and better living conditions. Over 125,000 residential units will be delivered, which includes rehabilitation housing for existing residents and free-sale apartments.
When will the first units be handed over to residents?
The project framework targets first tower delivery within 36 to 48 months of formal vacate, which positions early 2029 to mid 2029 as the earliest delivery window.
Is the Dharavi project registered with RERA?
With RERA approval under process and a projected possession by 2030, this project represents a once-in-a-lifetime opportunity to own a home in central Mumbai.
What does the Adani Group's investment cover?
This development follows the Maharashtra government's allocation of multiple land parcels across the Mumbai Metropolitan Region to house residents ineligible for on-site rehabilitation. The project is being managed through a special-purpose vehicle that functions as a public-private partnership between the state government and a private partner. Under this framework, the state government maintains full ownership of the land while the special purpose vehicle pays a development rights premium to execute the renewal mission.
What price range should first-time buyers expect?
The starting price for a 1 BHK unit is ₹35 Lakhs. Pricing and timeline for sale-component units are expected to be communicated closer to construction completion.
Sources
- RealtyPromoo – Adani Dharavi Redevelopment Project
- SC refuses to order status quo on Adani's Dharavi Redevelopment Project — The Tribune (March 2025)
- Adani Dharavi Project Phase 1 Begins, New Hope for Residents — Business Standard (February 2025)
- Dharavi Redevelopment Project – Maharashtra Government Official Portal