Overview
- Chief Minister Devendra Fadnavis on Monday directed the project be modelled on Singapore and Hong Kong housing, stressing that residents and their livelihoods must remain central as the plan moves into execution.
- Officials and Adani have set concrete targets that include handing over the first building on Indian Railways land in December 2026 and delivering at least 10,000 rehabilitation homes by March 2028 in the first phase.
- The redevelopment covers roughly 225 million square feet, split into about 95 msf for rehabilitation to rehouse over one million residents and 130 msf of free‑sale development near BKC for commercial and residential projects.
- Authorities pledged dedicated MSME support, protections for clusters such as Kumbharwada pottery and recycling, environmental measures including a nature park and river cleanup, and a single‑window clearance cell to speed approvals.
- A proposed India‑first multi‑modal transport hub will integrate suburban rail, multiple Metro corridors and future links (including possible bullet‑train and airport check‑in), while Adani projects a 7–8 year rehabilitation timeline and 10 years of operations and maintenance support.