kalyani real estate consultant

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.

It was in 2016 when the Union Cabinet gave a go-ahead for the construction of Phase-I of the Pune Metro. The Metro connectivity that has been instrumental in the growth of real estate in other major cities, including the national capital region, Mumbai, Bengaluru, Kolkata, and Chennai, has worked its magic on Pune's real estate market, too. With the laying of the foundation stone of the Pune Metro’s third line, more real estate pockets are now expected to witness a growth.

The extension of the Line-IV of the Mumbai Metro, connecting south Mumbai with suburb Thane, on December 27 received approval from the Maharashtra Cabinet. The line, once operational, will link the Gaimukh near south Mumbai with Kasarvadavli in Thane via Ghatkopar and Mulund through a fully elevated corridor. The total cost of the project is estimated to be about Rs 14,549 crore with an additional Rs 949 crore sanctioned for the extension. The authorities are planning to complete this project by March 2022, benefitting over 8.7 lakh commuters.

Prime Minister Narendra Modi on December 18 will inaugurate the Metro Line-5 of the Mumbai Metro network that will connect Kapurbawdi in Thane West to Kalyan via Bhiwandi. The PM, along with Maharashtra CM Devendra Fadnavis, will also lay the foundation stone for the Metro Line-9 (Dahisar- Mira Bhayander). The Mumbai Metropolitan Region Development Authority (MMRDA) is in the process of selecting contractors and general consultant for the project after the project was approved in October 2017. The project is expected to be completed by 2022.

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