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Adani Realty, a subsidiary of the Adani Group, has emerged as the top bidder for the redevelopment of the Maharashtra State Road Development Corporation's (MSRDC) 24-acre land at Bandra Reclamation near the Bandra-Worli Sea Link, outbidding Larsen & Toubro, the only other eligible bidder. Adani Realty offered a 23.15% revenue share, surpassing Larsen & Toubro's 18%. The final decision rests with the MSRDC Board next week.

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