Mumbai Metropolitan Region Dominates Residential Price Growth Among Indian Cities In 2024
According to Knight Frank India research released earlier this week, residential property prices in the Mumbai Metropolitan Region (MMR), which includes Greater Mumbai, increased by 5% annually in 2024. Out of eight Indian cities, the weighted average price was the highest at Rs 8,277 per square foot. The micromarkets in Central and South Mumbai showed […]
Arkade Developers Sets Sights On Rs 21 Billion With Trio Of New Projects
With the goal of making Rs 21.50 billion, Arkade Developers has announced the rehabilitation of three residential complexes in Mumbai. In their plans for these projects, the company described how 20,232 square meters, or roughly five acres, will be developed across important micromarkets in Mumbai’s western suburbs, including Andheri East, Malad West, and Borivali West. […]
Skyline On Track As Navi Mumbai Airport Metro DPR Nears Completion
The detailed project report (DPR) for the much-awaited Airport Express Line Metro has been “almost finalised” by the City and Industrial Development Corporation (CIDCO). This new metro route would improve commuter convenience and connectivity by connecting the current Chhatrapati Shivaji Maharaj International Airport (CSMIA) with the soon-to-be Navi Mumbai International Airport (NMIA). According to people […]
Mumbai Sees Record Residential Sales, Premium Housing Demand Soars In 2024
According to a Knight Frank India report released on Tuesday, home prices in the Mumbai Metropolitan Region (MMR), which covers Greater Mumbai, increased by 5% annually in 2024, with a weighted average price of Rs 8,277 per square foot. It claimed that out of the eight cities in the nation, this represents the highest weighted […]
Maharashtra Plans Cable Car Project To Boost Aerial Transport In MMR
At a forthcoming meeting of transport ministers in Delhi on Tuesday, Maharashtra’s Pratap Sarnaik is scheduled to propose a cable car project in the Mumbai Metropolitan Region (MMR). Union Road Transport and Highways Minister Nitin Gadkari will preside over the meeting, which is a component of the conversation about the ambitious Developed India 2047 plan. […]
Panvel-Karjat Suburban Railway Updates Revealed
An essential piece of infrastructure, the Panvel-Karjat New Suburban Railway Corridor would increase the connection between Panvel, Karjat, and other Maharashtra suburbs. It is anticipated that this new train line will greatly improve the suburban transit system, cutting down on travel time and providing commuters with a more dependable option. The project is anticipated to […]
Boman Irani: Redevelopment Drives Growth In Mumbai’s Land-Locked Market
For Mumbai’s real estate developers, Boman Irani, Managing Director of Rustomjee, describes it as an “asset-light model” that provides a significant break from the ever-rising cost of land acquisitions. Irani should be aware that the biggest player in the redevelopment market is Rustomjee, doing business as Keystone Realtors. “Redevelopment will be a major force behind […]
Kharghar-Turbhe Tunnel Link To Ease Navi Mumbai Commutes
The INR 2099-crore Kharghar-Turbhe Tunnel Link Road (KTLR) is now under construction. It would ease traffic on the busy Sion-Panvel route by cutting the 40-minute travel time between Turbhe and Kharghar to 10 minutes. According to officials, the project is anticipated to be finished by September 2028 and will improve east-west connectivity within Navi Mumbai […]
Kolte-Patil Launches Rs 300 Cr Premium Project in Navi Mumbai
With the opening of the upscale redevelopment project La Vita, real estate giant Kolte-Patil Developers Limited (KPDL) has increased its presence in the Navi Mumbai market. The mixed-use development project, which is situated in the centre of sector 2, Vashi, is expected to revolutionise urban living and business. The real estate developer further solidified its […]
Kandivali Station Upgrade 50% Complete, On Track for 2025
The long-awaited renovations at Kandivali station are moving forward steadily, and the project is currently 50% finished. The goal of the renovation, which should be completed by December 2025, is to update the station and improve the commuter experience in one of Mumbai’s busy suburban centres. The Mumbai Rail Vikas Corporation (MRVC) is leading the […]