Ready to move Property for Sale in Bhiwandi Mumbai

The Line V of the Mumbai Metro will connect Kapurbawdi in Thane West to Kalyan via Bhiwandi. Being constructed at an estimated cost of Rs 8,416 crore, the corridor spans a total length of 24.9 kilometres with an interchange facility with Line IV from Kapurbawdi junction. An elevated corridor, the project is expected to improve Mumbai-Thane connectivity while increasing employment opportunities and creating growth centres. Some localities which are expected to benefit from the project include Nilje, Bhiwandi and Kalyan. The project is expected to be completed by 2022.

The Mumbai Metro has crossed 400-million ridership at a 12-km route between Versova- Andheri- Ghatkopar in a period of four years. Also, it has emerged as the only public transport infrastructure that witnessed an increase in passengers of up to 15 per cent annually. According to the data available with Mumbai Metro One, the network operates with around 378-382 trips on weekdays, with a punctuality performance of 99.9 per cent along what is the world's densest corridor. The route also connects the eastern and western suburbs via Andheri.

After a year-long ban on real estate construction in Greater Mumbai, the Supreme Court (SC) has finally allowed construction of new projects for the next six months. The order has come as a big relief for the developers in the city as projects worth Rs 2,000 crore were stuck since March 2016, owing to the order.

India’s richest state-owned civic authority Mumbai Metropolitan Region Development Authority (MMRDA) presented its annual Budget worth Rs 12,157 crore for 2018-19 on March 22. This is almost 74 per cent more than the previous year’s Budget of Rs 6,976 crore, and the highest by a civic authority in the history of Independent India. Improving connectivity in Mumbai has been the prime focus of this year’s Budget. Let us examine the key highlights of the MMRDA Budget 2018-19.

Mumbai is soon going to get two new Metro lines to enhance inter-city connectivity. One of these would reach out to beyond Thane areas while the other would connect eastern and western express highway, resulting in appreciation of property prices along areas lying across the Eastern Express Highway.