Ajmera Iconic Kandivali East, Mumbai

MMRDA to Complete Major Infrastructure Projects by December 2028

MMRDA is on track to complete all its ongoing infrastructure projects by December 2028, a year ahead of its original deadline. These projects, part of the 'Mumbai in 59 Minutes' vision, include roads, tunnels, sea links, and metro corridors aimed at creating seamless east-west and north-south connectivity across the region.

During Q2'2026, average property prices for Ajmera Iconic moved from ₹ 29,050/sqft to ₹ 30,950/sqft, reflecting a 6.54% 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 Q4'2025, average property prices for Ajmera Iconic moved from ₹ 28,400/sqft to ₹ 29,750/sqft, reflecting a 4.75% rise.

Structural Works reach 43% completion. Internal finishing stands at 3%. MEP Services including lift and staircases, are now 13% done

A total of 13 out of 256 launched units have been booked as of May 2025, including 4% of 2 RLK(3 out of 83), 12% of 3 RLK(10 out of 83).

AJMERA ICONIC, developed by M K GROUP, officially launched on 05-Oct-2017 and expected to complete by 30-Dec-2031. Registered under RERA No. P51800013436. The project comprises 1 towers and offers 256 residential units, including 2 RLK, 3 RLK, 4 RLK, with unit sizes ranging from 624 to 1442 Square feet across a total area of 0.23 Acre.