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Adani breaks ground on Matunga 22-acre housing project

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Story summary
  • Adani Navbharat Developers performed the bhoomi poojan, launching construction at the 22-acre Matunga site on Oct 12, 2026.
  • The redevelopment will comprise ten towers with 10,432 apartments and 1,379 commercial units, each offering 350 sq ft homes for eligible families.
  • Adani Group pledged INR5,069 crore to fund the project.
  • First five towers will be delivered by March 2029, two by August 2029, and three by August 2030.