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Cidco To Develop Nerul Along The Lines Of Santa CruzIn order to replicate the commercial aura around the Mumbai airport, the City and Industrial Development Corporation (Cidco) is going to develop a 1.3-hectare plot in Nerul for a residential-cum-commercial purpose, just like Santa Cruz in Mumbai. The Cidco has invited applications for lease for this prime property which would also push the annual revenue of the agency by Rs 400 crore.
Ferry Your Way From Thane To South MumbaiTo decongest Mumbai roads and bring down the travel time between key areas of the city, the Maharashtra government is planning to start inland water transport that would connect areas across Mumbai Metropolitan Region. While Phase-I of the water transport project will get operational by December, a detailed project report is being prepared for Phase-II. Here is all you need to know about the project.
How Navi Mumbai Airport Will Change Realty For BettThe Navi Mumbai Airport Private Limited has announced that the international airport will be designed by the celebrated Zaha Hadid Architects. The architect firm will design the Terminal 1 and the ATC Tower of the airport. The London-based architect firm was selected after a 12-week design competition, which witnessed international architect firms participating.
All You Need To Know About Mumbai Coastal RoadThe first phase of the Mumbai Coastal Road project, a proposed 34-kilometre freeway running along the western coastline, is expected to begin by October 2018. The freeway will link Princess Street Flyover near Marine Lines to the south-end of the Bandra-Worli Sea Link (BWSL) under Phase-I and upto Kandivali under Phase-II. The project will be developed at an estimated cost of Rs 15,000 crore and will decongest the Western Express Highway and boost real estate developments across the western Mumbai.
Mumbai Metro Line 2A To Get Operational By 2020The Mumbai Metro Line II is being constructed in two sub-phases with 18-km line 2A between Dahisar and DN Nagar; and the 23-km line 2B between DN Nagar and Mankhurd. Construction works begun in 2016 and the DMRC plans to open one part of this line (2A) for the public by 2020.