In one of the most ambitious moves in Indian real estate, Adani Realty is gearing up to unveil a ₹10,000 crore mega township project near the upcoming Navi Mumbai International Airport — also being developed by the Adani Group. Spanning over 1,000 acres, this project will be Adani’s largest real estate venture to date, marking a bold step in transforming Navi Mumbai’s urban landscape.
Adani Panvel: A Township That’s Twice the Size of Dharavi Redevelopment
Planned in Panvel, this upcoming township — tentatively dubbed ‘Adani Panvel’ — will be nearly twice the size of the group’s 600-acre Dharavi redevelopment project in Mumbai. Designed to unfold in multiple phases over the next 10 years, the project aims to redefine integrated living in Navi Mumbai.
What makes this even more exciting? The project draws inspiration from Shantigram, Adani Realty’s landmark township in Ahmedabad, launched in 2010. However, sources reveal that this new township will be a next-gen, evolved version of Shantigram, tailored for modern urban lifestyles.
“Given its size and scope, the investment will surpass ₹10,000 crore — more than double that of Shantigram,” said a source familiar with the development.
Launch Timeline & Strategy
The official launch is strategically timed to follow the inauguration of the Navi Mumbai International Airport, which is expected to be a game-changer for regional connectivity and real estate demand.
While the buzz around the launch is building, behind-the-scenes work is already underway:
- A dedicated sales office is ready.
- The company is exploring the right product mix — possibly a combination of apartments and plots.
- Focus is currently on securing regulatory approvals and developing essential infrastructure, including a direct access road to the expressway.
A Decade of Aggressive Expansion
From a division under Adani Enterprises Ltd. to a major force in Indian real estate, Adani Realty has undergone rapid evolution over the past 15 years. Now functioning under Adani Properties, the company has emerged as a specialist in large-scale, residential-led developments.
Recent highlights include:
- 9 PBR, a luxury residential project with nine towers on Palm Beach Road, Nerul, Navi Mumbai.
- A prime land acquisition on Carmichael Road in South Mumbai for ₹170+ crore.
- Winning bid (alongside MHADA) for the massive Motilal Nagar redevelopment in Goregaon, Mumbai, worth ₹36,000 crore.
According to a Mint report (April 2024), Adani Realty’s footprint now exceeds 200 million square feet, with 130 million square feet reserved for future development.
Why Navi Mumbai Is the New Hotspot
Navi Mumbai is currently witnessing unprecedented infrastructure growth, making it a magnet for real estate investors and homebuyers alike. Major projects include:
- Navi Mumbai International Airport – a joint venture between Adani Airport Holdings Ltd. and CIDCO, with Adani holding a 74% stake.
- Mumbai Trans Harbour Link (MTHL) – a 22-km sea bridge connecting Mumbai to Navi Mumbai, poised to significantly boost connectivity and real estate value.
“There’s strong demand for premium homes in Navi Mumbai, especially from local residents wanting to upgrade,” said Ankit Talreja, City Lead at Anarock Group.
Even real estate veteran Niranjan Hiranandani, Chairman of Hiranandani Group, acknowledged the shift, saying,
“With the airport coming up, the city’s centre of gravity is shifting. Unlike Noida Airport, Navi Mumbai will have an immediate impact.”
Top Developers Racing to Claim Their Spot
The real estate boom in Navi Mumbai has drawn big players from across the industry:
- K Raheja Corp Homes is preparing to launch a five-tower residential project in Juinagar.
- Godrej Properties recently purchased three land parcels (6.5 acres) in Kharghar for ₹717 crore, with plans to launch premium homes.
- According to JLL India, Navi Mumbai witnessed 24 major land deals covering 368 acres between January 2023 and March 2025.
“With the government’s vision of turning Navi Mumbai into the ‘Third Mumbai’, developers are aggressively investing. Land prices remain more reasonable than Mumbai, adding to the appeal,” said Shankar Arumugham, Head of Government Advisory & Solutions, JLL India.
Final Thoughts: A Township to Watch
Adani’s mega township project near Navi Mumbai International Airport isn’t just another residential development — it’s a statement of intent. Backed by robust infrastructure, massive investment, and brand equity, Adani Panvel could set a new benchmark for integrated urban living in India.
As the airport nears completion, the spotlight will firmly remain on Navi Mumbai — and on Adani Realty — as they shape what might soon become India’s most iconic new-age township.
In one of the most ambitious moves in Indian real estate, Adani Realty is gearing up to unveil a ₹10,000 crore mega township project near the upcoming Navi Mumbai International Airport — also being developed by the Adani Group. Spanning over 1,000 acres, this project will be Adani’s largest real estate venture to date, marking a bold step in transforming Navi Mumbai’s urban landscape.
Adani Panvel: A Township That’s Twice the Size of Dharavi Redevelopment
Planned in Panvel, this upcoming township — tentatively dubbed ‘Adani Panvel’ — will be nearly twice the size of the group’s 600-acre Dharavi redevelopment project in Mumbai. Designed to unfold in multiple phases over the next 10 years, the project aims to redefine integrated living in Navi Mumbai.
What makes this even more exciting? The project draws inspiration from Shantigram, Adani Realty’s landmark township in Ahmedabad, launched in 2010. However, sources reveal that this new township will be a next-gen, evolved version of Shantigram, tailored for modern urban lifestyles.
“Given its size and scope, the investment will surpass ₹10,000 crore — more than double that of Shantigram,” said a source familiar with the development.
Launch Timeline & Strategy
The official launch is strategically timed to follow the inauguration of the Navi Mumbai International Airport, which is expected to be a game-changer for regional connectivity and real estate demand.
While the buzz around the launch is building, behind-the-scenes work is already underway:
- A dedicated sales office is ready.
- The company is exploring the right product mix — possibly a combination of apartments and plots.
- Focus is currently on securing regulatory approvals and developing essential infrastructure, including a direct access road to the expressway.
A Decade of Aggressive Expansion
From a division under Adani Enterprises Ltd. to a major force in Indian real estate, Adani Realty has undergone rapid evolution over the past 15 years. Now functioning under Adani Properties, the company has emerged as a specialist in large-scale, residential-led developments.
Recent highlights include:
- 9 PBR, a luxury residential project with nine towers on Palm Beach Road, Nerul, Navi Mumbai.
- A prime land acquisition on Carmichael Road in South Mumbai for ₹170+ crore.
- Winning bid (alongside MHADA) for the massive Motilal Nagar redevelopment in Goregaon, Mumbai, worth ₹36,000 crore.
According to a Mint report (April 2024), Adani Realty’s footprint now exceeds 200 million square feet, with 130 million square feet reserved for future development.
Why Navi Mumbai Is the New Hotspot
Navi Mumbai is currently witnessing unprecedented infrastructure growth, making it a magnet for real estate investors and homebuyers alike. Major projects include:
- Navi Mumbai International Airport – a joint venture between Adani Airport Holdings Ltd. and CIDCO, with Adani holding a 74% stake.
- Mumbai Trans Harbour Link (MTHL) – a 22-km sea bridge connecting Mumbai to Navi Mumbai, poised to significantly boost connectivity and real estate value.
“There’s strong demand for premium homes in Navi Mumbai, especially from local residents wanting to upgrade,” said Ankit Talreja, City Lead at Anarock Group.
Even real estate veteran Niranjan Hiranandani, Chairman of Hiranandani Group, acknowledged the shift, saying,
“With the airport coming up, the city’s centre of gravity is shifting. Unlike Noida Airport, Navi Mumbai will have an immediate impact.”
Top Developers Racing to Claim Their Spot
The real estate boom in Navi Mumbai has drawn big players from across the industry:
- K Raheja Corp Homes is preparing to launch a five-tower residential project in Juinagar.
- Godrej Properties recently purchased three land parcels (6.5 acres) in Kharghar for ₹717 crore, with plans to launch premium homes.
- According to JLL India, Navi Mumbai witnessed 24 major land deals covering 368 acres between January 2023 and March 2025.
“With the government’s vision of turning Navi Mumbai into the ‘Third Mumbai’, developers are aggressively investing. Land prices remain more reasonable than Mumbai, adding to the appeal,” said Shankar Arumugham, Head of Government Advisory & Solutions, JLL India.
Final Thoughts: A Township to Watch
Adani’s mega township project near Navi Mumbai International Airport isn’t just another residential development — it’s a statement of intent. Backed by robust infrastructure, massive investment, and brand equity, Adani Panvel could set a new benchmark for integrated urban living in India.
As the airport nears completion, the spotlight will firmly remain on Navi Mumbai — and on Adani Realty — as they shape what might soon become India’s most iconic new-age township.
