Ashoka Apartments Colaba Colaba, Mumbai

New Underground Water Tunnel to Bolster Mumbai's Water Supply

The Maharashtra government has approved an 8-km-long underground water tunnel project between Pise and Panjrapur in Thane district. This project, to be executed by the BMC, aims to supplement aging pipelines from Bhatsa Dam, thereby strengthening Mumbai's water transportation network.

BMC Floats Tender for ₹13,000 Crore Flood Mitigation Plan

BMC has initiated a tender process to appoint a consultant for a comprehensive ₹13,000-crore flood-mitigation master plan. This plan aims to tackle Mumbai's chronic monsoon waterlogging by upgrading drainage infrastructure, enhancing pumping capacity, improving flood warnings, and incorporating nature-based solutions.

Metro Line 11 to Wadala-Gateway of India Awaits Central Approval

Mumbai Metro Line 11, a 17.5 km underground corridor connecting Wadala to Gateway of India, is still awaiting Central government approval nearly a year after state cabinet clearance. This delay impacts the commencement of loan signing and tender processes, potentially delaying improved connectivity for key areas like CSMT and Byculla.

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.

Rent in Ashoka Apartments Colaba ranges from ₹ 1 L to ₹ 2 L with options available for 1 BHK, 2 BHK, 3 BHK.

During Q3'2026, average property prices for Ashoka Apartments Colaba moved from ₹ 37,500/sqft to ₹ 54,150/sqft, reflecting a 44.40% rise.