Aasamanta Laxmi Narayan Goregaon East, Mumbai

MMRDA and UCL Partner for AI-Driven Climate Resilience in Mumbai's Infrastructure

MMRDA and University College London (UCL) have signed an MoU to explore a long-term partnership focused on climate-resilient urban systems. This collaboration will leverage artificial intelligence, digital twins, and climate-risk modelling to predict and manage infrastructure failures, aiming to enhance the resilience of roads, transport networks, and utilities against climate risks like flooding and extreme weather.

A total of 1 residential transactions has been registered so far for Aasamanta Laxmi Narayan, amounting to ₹ 3 Cr till October 2026.

Mumbai's Water Stock at 95.97% with Seven Lakes Holding High Levels

Mumbai's water stock has reached 95.97%, with seven lakes maintaining high levels. This ensures a stable water supply for the city, though civic authorities continue to monitor reservoir levels and rainfall.

During Q3'2026, average property prices for Aasamanta Laxmi Narayan moved from ₹ 25,500/sqft to ₹ 26,100/sqft, reflecting a 2.35% rise.

MMRDA Presents Surplus Budget with Significant Allocation for Infrastructure

MMRDA has presented a surplus budget of ₹48,072 crore, with 87% allocated to infrastructure projects, including roads, public transport, and urban development. A notable provision of ₹4,000 crore is earmarked for the development of Mumbai 3.0 New Town, aiming for planned urban expansion.

BMC Budget Includes ₹6,475 Crore for Water Security Projects

The BMC's FY26-27 budget includes a substantial allocation of ₹6,475 crore for water security initiatives. This funding is designated for projects such as the Manori desalination plant (₹500 crore) and the Gargai project (₹437.51 crore), aimed at augmenting the city's water supply capacity.

Mumbai-Pune Expressway 'Missing Link' Project Set for May 1 Inauguration, Promising Safer and Faster Travel

The highly anticipated 'Missing Link' project on the Mumbai-Pune Expressway is set to be inaugurated on May 1, significantly reducing travel time by approximately 30 minutes and enhancing safety. The 10.5-km stretch features tunnels and a bridge, bypassing the accident-prone Khandala Ghat. This infrastructure upgrade is expected to ease traffic congestion, improve travel safety.

During Q1'2026, average property prices for Aasamanta Laxmi Narayan moved from ₹ 24,450/sqft to ₹ 25,550/sqft, reflecting a 4.50% rise.

Structural Works reach 100% completion, Internal finishing stands at 25%, MEP Services including lift and staircases, are now 40% done.

A total of 19 out of 22 launched units have been booked as of February 2026, including , 100% of SHOP(1 units), REHAB 3 BHK(5 units), REHAB 2 BHK(5 units), 3 BHK(5 units), 1 BHK REHAB(1 units), MERCANTILE UNIT NO.2(1 units), MERCANTILE UNIT NO.1(1 units).