Dharavi Redevelopment Project.
MT Miskita & Co Advises Adani Group on $3.2 Billion Dharavi Redevelopment Project: Mumbai, India – June 30, 2025 – The Adani Group, a prominent Indian conglomerate, is advancing with one of the nation’s most ambitious urban renewal initiatives: the Dharavi Redevelopment Project. Valued at a staggering $3.2 billion, this monumental undertaking aims to transform 2,400 acres of land in Mumbai’s eastern suburbs, specifically earmarked for the rehabilitation of slum dwellers. Providing comprehensive legal, regulatory, and strategic counsel on this complex project is the Mumbai-based law firm M. T. Miskita & Co.
The Dharavi Redevelopment Project, a long-envisioned endeavor, seeks to revitalize the sprawling slum of Dharavi, one of Asia’s largest, by providing modern housing and improved infrastructure for its residents. The sheer scale and socio-economic sensitivity of the project necessitate meticulous legal and strategic planning, a role that M. T. Miskita & Co has taken on for the Adani Group, which emerged as the successful bidder for this prestigious contract.
M. T. Miskita & Co’s advisory scope for the Adani Group is extensive. The firm has been instrumental in advising on critical project documentation with the State Government, ensuring all agreements comply with existing regulations and policies. Beyond contractual matters, their expertise covers a wide array of legal and policy issues inherent in such a massive urban development. A particularly vital aspect of their work has been conducting thorough title due diligence on the 2,400 acres of land in Mumbai’s eastern suburbs designated for the rehabilitation of the slum residents, a process crucial for securing the legal foundations of the project.
An under-construction building of Adani Realty.
The dedicated transaction team from M. T. Miskita & Co is led by Managing Partner Viren Miskita. He is supported by a team of Partners, Neha Mehta and Vidhisha Suaris-Lawrence. The core team also includes Principal Associates Seema Mangaonkar and Ria Sawant; Senior Associates Aayushi Gohil and Umair Merchant; and Associates Shiksha Pathak, Akshara Kurup, and Vainy Kacharia. Their collective legal acumen is pivotal in navigating the intricate legal framework surrounding this large-scale urban transformation.
The Dharavi Redevelopment Project is not merely a construction venture but a socio-economic initiative poised to reshape a significant part of Mumbai’s urban fabric. With the Adani Group at the helm and M. T. Miskita & Co providing the essential legal backbone, the project moves closer to its goal of providing better living conditions for thousands of families and setting a precedent for future urban rehabilitation efforts in India.
