Adani’s North Mumbai Project to Cost $11 Billion, Official Says

The Adani Group could invest as much as $11 billion to build homes and offices in North Mumbai, as the ports-to-power conglomerate expands its real estate footprint in India’s financial capital.

The 143-acre (57.87 hectare) project – the size of roughly 108 football fields – located in the Goregaon suburb, will entail building homes for thousands of existing residents and businesses. Adani Realty, the privately-held real estate arm of the Adani Group, will also build affordable housing units and public infrastructure such as roads, water and electricity lines.