The Dharavi redevelopment project in Mumbai, led by the Adani Group through its joint venture SPV Navbharat Mega Developers Pvt. Ltd. (NMDPL), will develop 43% of the 108.99-hectare area for free sale.

This includes around 47.95 hectares for residential, commercial, and retail units, with the first phase expected to launch around Diwali 2025. Over 50% of these units will cater to affordable and mid-income segments. The Master Plan also allots 47.20 hectares for rehabilitation and 40 hectares for open spaces. Approximately 72,000 tenants, including 13,000 non-residential ones, are eligible for 350 sq ft rehab units—an upgrade from the usual 300 sq ft. The total project cost is pegged at over ₹95,000 crore, with a 17-year completion timeline. Construction on the rehab component began in January 2025. Market experts predict property prices in redeveloped Dharavi could double current rates due to the planned modern infrastructure.