Adani Realty entered the real estate sector approximately 15 years ago, beginning in Ahmedabad before steadily building a presence across Mumbai's most coveted micro-markets. The company set foot in Mumbai with Western Heights in Andheri West, and has since accumulated a Mumbai portfolio that spans Inspire in BKC, Ten BKC in Bandra East, Linkbay Residences and Western Heights in Andheri West, The Views in Ghatkopar East, and Atelier Greens in Pune's Koregaon Park. The developer has developed close to 33 million sq. ft. and approximately 144 million sq. ft. of real estate space is under development, including residential, commercial, and social club projects across Ahmedabad, Mumbai, Pune, and Gurugram.
Navi Mumbai represents the developer's next strategic step in the MMR. Last year, Adani Realty launched 9 PBR, a premium residential project in Nerul, Navi Mumbai, featuring nine high-rises along Palm Beach Road. That single project plants Adani firmly on the waterfront stretch that defines Navi Mumbai's upper residential tier — Sector 60, Nerul.
Adani 9 PBR Navi Mumbai is a project by Adani Realty and Mistry Construction situated on Palm Beach Road, Sector 60, Nerul–Seawoods, and offers 2.5 and 3 BHK flats with the availability of Jodi Apartments. Spread across 6.5 acres of prime land, the development features a beautifully designed 2-acre green podium, providing residents with landscaped open spaces and recreational zones. The project has three towers of 12 storeys.
Pricing for the project covers 3 BHK and 3.5 BHK luxury apartments on Palm Beach Road, Nerul, with prices starting at ₹4.65 Cr onwards on the developer's official listing, with third-party platforms citing entry-level configurations from ₹3.5 Cr depending on floor and unit type. The RERA possession date is December 2028, with a target possession of December 2026, and 3 BHK carpet areas range from 1,040 to 1,770 sq. ft.
The project holds multiple MahaRERA registrations. MahaRERA Registration Numbers are: 9 PBR B1 – P51700032812, 9 PBR B2 – P51700033690, 9 PBR C1 – P51700033678. The Commencement Certificate has been issued for Adani 9 PBR.
The project offers creek and Palm Beach-facing apartments with a three-tier security system. Residents have access to approximately 2.5 acres of open space and over 20 amenities, including a lush green podium spanning 2 acres. Amenities include a badminton court, basketball court, drop-off lobby, grand entrance lobby, gymnasium, jogging trail, kids' play area, multipurpose court, shopping avenue, swimming pool, and swing garden. The internal specifications follow Adani Realty's standard premium fitout: vitrified tile flooring, granite kitchen platforms, branded CP fittings, and CCTV across common areas.
Palm Beach Road in Nerul is not a generic suburban address. It is a 10-km coastal arterial that links Vashi to Belapur, running parallel to the creek and the Arabian Sea, lined with established gated communities — NRI Complex, Seawoods Estate, Delta Palm Beach — that have anchored Navi Mumbai's high-end residential identity for two decades. Sector 60 sits at the point where the road passes through Nerul and Seawoods, which is among the most mature and socially complete stretches of the corridor.
The average weighted price of apartments in the Palm Beach corridor currently stands at approximately ₹33,750 per sq. ft., with prices seeing a movement of 4.8% over the last one year. That trajectory reflects demand from both owner-occupiers who prize the coastal setting and investors tracking infrastructure-driven appreciation.
The locality is served by Delhi Public School, Apollo Hospitals, NewEra Hospital, Ryan International School, Apeejay School, Vazirani Sports Academy, Netaji Subhash Chandra Bose Sports Ground, Nexus Seawoods Mall, and Dr B.R. Ambedkar Park, all within a few minutes' range. Nexus Seawoods is 8 minutes away and Inorbit Mall Vashi is 15 minutes away. Cinepolis at Nexus Mall is located approximately 7 minutes from the project.
Adani 9 PBR is not the developer's only commitment to the region. Adani Realty is preparing to roll out a township project next to the upcoming Navi Mumbai International Airport, which will cover more than 1,000 acres — Adani's largest real estate development so far. Adani holds a 74 per cent stake in the airport's operating company, Navi Mumbai International Airport Ltd, in partnership with CIDCO. That dual role — as both airport developer and adjacent township builder — gives Adani Realty a structural stake in the long-term value of this entire corridor that few other residential developers can claim.
Market observers note that Navi Mumbai is evolving from an affordable housing zone into a premium and ultra-premium destination. JLL India data shows 24 land deals covering 368 acres in the region between January 2023 and March 2025, with developers racing to secure prime locations. For Adani Realty, Sector 60 and the 9 PBR project represent the visible residential anchor of that ambition — an address on the waterfront that carries the developer's brand into a market it is simultaneously reshaping at the infrastructure level.
Adani Realty is currently active across four major metros — Ahmedabad, Mumbai, Gurugram, and Pune — with an exploratory presence in Navi Mumbai and Thane. Within that network, its Mumbai projects span a clear upward pricing arc: Adani Airica in Kanjurmarg West is priced from ₹1.70 Cr to ₹3.87 Cr, Linkbay Residences in Andheri West from ₹4.09 Cr to ₹9.38 Cr. Ten BKC is an ultra-luxurious project in Bandra East with starting prices at ₹6.99 Cr. Nine PBR on Palm Beach Road sits in this mid-to-upper band of the developer's portfolio, consistent with the character of Sector 60 itself.
The Views in Mumbai carries an IGBC Gold pre-certification, and Adani Realty projects incorporate solar integration, e-mobility infrastructure, wastewater treatment, and cyclist-friendly planning. Buyers at 9 PBR can therefore expect the same green infrastructure standards to be applied — the developer's sustainability approach is now embedded across its residential pipeline rather than limited to select projects.