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Here’s How Metro Line VI Will Impact Property PricesThe Line VI of the Mumbai Metro network will connect Lokhandwala Complex (Swami Samarth Nagar) in Andheri and goes up to Kanjurmarg in eastern suburbs of Mumbai via Jogeshwari and Vikhroli. With an estimated cost of Rs 6,672 crore, the 14.5-kilometre corridor will have 13 stations with interchange option to metro lines 2, 3 and 4. The Mass Rapid Transit System (MRTS) will boost east-west connectivity in the Mumbai Metropolitan Region (MMR).
All You Need To Know About Mumbai Metro's Line VThe 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.
Mumbai Metro Ridership Hits 400-Million MarkThe 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.
With Focus On Connectivity, MMRDA Presents Rs 12,000India’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.
3 Delhi Localities Where You Can Rent Apartment ForThe national capital is definitely one of the most expensive real estate markets in the world, but, there is something for everyone. It is not necessary to have a big budget to get a rent a residential space in the city. There are options wherein you can avail a 2BHK flat in Delhi at a monthly rent of Rs 10,000. This may sound unrealistic to many, but, it is true. Here is the list of those localities for your quick reference.