1 BHK Properties for Rent in Ghatkopar East Mumbai

The commissioning of Line-I of the Mumbai Metro Project not only eliminated travel woes for Mumbaikars but gave a boost to the property prices in several micro-markets of the city. The elevated corridor connects the locality of Versova in the west to Ghatkopar in the east with a total of 12 stations covering 11.4 kilometre. Here is all you need to know about the Line.

Started in 2006, the redevelopment work is far from completion but might get on track as the Bombay High Court has cleared the deck for the construction work to start. The project was in litigation due to a rule imposed by the Brihanmumbai Municipal Corporation that the developer must execute a permanent agreement with the old homeowners to get the construction commencement certificate. As the Bombay HC has set aside this condition, the work might begin soon.

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.

The Maharashtra Housing and Area Development Authority (MHADA) will offer 1,000 housing units for sale under the MHADA Lottery Scheme 2018. Spread across localities, including Borivli, Ghatkopar, Mulund, Mankhurd, Goregaon and Vikhroli, the apartments are priced between Rs 15.35 lakh and Rs 1.42 crore.

The Centre is planning to build a 19-km highway starting from Loni near the Delhi-Ghaziabad border to the Akshardham flyover. The new highway will allow commuters to avoid the congested areas of east Delhi and reach the Saharanpur-bound national highway NH709B near Loni from the NH-24 directly. The project has received an in-principle approval while it may take upto three months to file a detailed project report.