Property for rent in Ghatkopar East Mumbai

The Mumbai Metro Line 7 is a partially elevated corridor spanning a length of 16.5 kilometres with 14 stations from Andheri (East) to Dahisar East. There are plans to extend the corridor, by 9 km, to Chhatrapati Shivaji International Airport (terminal T2) from Andheri (East), and to Mira Road-Bhayendar from Dahisar. The project is being developed at an estimated cost of Rs 6,208 crore and is expected to be operational by 2019.

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.

Mumbai is the costliest city in India, researches confirm. Property prices are highest in the city and given the housing demand, prices have gone up. The estimation is based on cost of residential property on rent, cost of owning a 2BHK in Mumbai, cost involved in commuting from home to workplace and back, electricity cost, cost of engaging a cook and maid, lifestyle-related costs such as movies, restaurants, entertainment avenues, cost of a pre-school or daycare for your young ones, cost of petrol and even cost of meals at budget hotels.

The Karnataka government on November 29 gave its approval to construct a 102-kilometre elevated corridor project in Bengaluru. The project, which was conceptualised 12 years ago, once constructed will ensure smoother traffic across north-south, east-west and in the central parts of the city. The development work will start in January next year and will be undertaken by the Karnataka Road Development Corporation Limited. The project, to be constructed at a cost of Rs 25,495 crore, is likely to be completed by 2025.

With the standing committee of the Pimpri Chinchwad Municipal Corporation approving the detailed project report for the extension of the Pimpri-Swargate Metro route to Nigdi recently, prospects of certain real estate pockets have brightened. Under the earlier plan, Phase-I of the Pune Metro was to cover a distance of 31.25 km, with two stretches — from Pimpri Chinchwad Municipal Corporation to Swargate (16.6 km) and from Vanaz to Ramwadi (14.7 km). With the extension of the first stretch till Nigdi, another 4.5 km (spanning three stations, Chinchwad, Akurdi and Nigdi ) will be added to the Pimpri Chinchwad Municipal Corporation stretch.