The state government is granting developers Floor Space Index to overcome legal issues regarding salt pan land availability in Dharavi's redevelopment. In return for building rental accommodation for ineligible Dharavi inhabitants, the saleable components of the project will get an FSI of 1.33.

Gautam Adani, chairman of the Adani Group, said the Dharavi rehabilitation project is more than urban regeneration; it will change the lives of nearly one million people in one of the world's greatest slums. Adani said at Mumbai's Jai Hind College that the project would restore Dharavi's dignity.

The long-anticipated Dharavi Redevelopment Project, covering nearly 600 acres in Mumbai’s core, is expected to commence construction within the next 6-8 months, according to SVR Srinivas, CEO of the Dharavi Redevelopment Project (DRP) and the Slum Rehabilitation Authority of Maharashtra.

A special purpose vehicle set up by the government with Adani Realty as the lead developer, the Dharavi Redevelopment Project Pvt Ltd (DRPPL), and the Slum Rehabilitation Authority have sought 1,255 acres from various government agencies.

The largest slum in India, Dharavi, is undergoing a tremendous change. Adani Group and state government joint venture Dharavi Redevelopment Project Ltd. (DRPPL) has chosen 540 acres of suburban property to move 'ineligible' inhabitants for free homes.

The Dharavi Redevelopment Project Pvt Ltd (DRPPL), led by Adani Realty, seeks 334 tenements from government agencies like SPPL and Mhada to relocate residents and continue redevelopment. Negotiations are ongoing, with Mhada demanding Rs 641 crore in construction costs and interest.

According to insiders, the Adani Group is considering buying Penna Cement, Saurashtra Cement, Jaiprakash Associates' cement business, and ABG Shipyard-owned Vadraj Cement.

In Mumbai, where 40% live in slums, finding a house is difficult. Despite government pledges, many slum redevelopment programmes are unfinished or controversial. Example: Hari Nagar-Shivaji Nagar SRA Housing Society.

The Blackstone Group is close to buying Adani Realty's Inspire BKC, a high-profile commercial real estate project on Mumbai's Bandra-Kurla Complex (BKC) fringes. The 800,000-square-foot office skyscraper is expected to cost the US private equity behemoth between Rs 1,800 crore and Rs 2,000 crore.

Terravista Developers, an Adani Group affiliate, bought a 25-acre land in Haveli, Pune, to expand its data centre infrastructure. Leasehold rights from Finolex Industries enabled this Rs 471 crore ($56.6 million) investment.

In a symbol of Gurugram's rise as India's real estate capital, Godrej, Oberoi, Adani, and DLF have begun building luxury residential projects in the city. Prestige and Sobha are also competing in the city's property market, which is booming and attracting attention.

In the high-stakes bidding competition for a prime 24-acre land parcel at Bandra Reclamation in Mumbai, Adani Realty and L&T Realty have positioned themselves as frontrunners.

The Adani Group is investigating the possibility of monetising portions of its real estate holdings that have been identified as non-core to its operations, according to two individuals with direct knowledge of the situation

As per real estate sources in Mumbai, Adani Properties is the frontrunner among eight resolution applications for insolvent real estate company Housing Development Infrastructure Ltd (HDIL)

Piramal Group increased its initial bid for Dewan Housing Finance Corporation by around INR 2,000 crore more while the United States headquartered asset management company Oaktree Capital upped its initial offer by INR1700 crore more.