Blue Ozone Residency Dahisar West, Mumbai

MMRDA's Metro 7A Corridor Faces Potential ₹250 Crore Hit Due to Design Flaw

The Mumbai Metropolitan Region Development Authority (MMRDA) is facing a potential financial hit of ₹250 crore due to a design and construction flaw on the Metro 7A corridor. This issue, related to height restrictions near the airport, could lead to demolition and reconstruction, impacting the project's timeline and budget.

A total of 32 residential transactions has been registered so far for Blue Ozone Residency, amounting to ₹ 22 Cr till August 2026.

During Q2'2026, average property prices for Blue Ozone Residency moved from ₹ 20,700/sqft to ₹ 25,450/sqft, reflecting a 22.95% 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 Coastal Road (North) Project Allocated ₹4,000 Crore

The Versova-Dahisar stretch of the Mumbai Coastal Road (North) project has received a significant allocation of ₹4,000 crore in the BMC's FY26-27 budget. This 25-km-long corridor aims to connect Versova in the western suburbs with Bhayander in the Mumbai Metropolitan Region.

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.

A total of 4 out of 112 launched units have been booked as of February 2026, including 3% of 1 BHK(1 out of 29 units), 5% of 2 BHK(1 out of 21 units), 20% of 1.5 BHK(2 out of 10 units).

During Q4'2025, average property prices for Blue Ozone Residency moved from ₹ 23,200/sqft to ₹ 24,000/sqft, reflecting a 3.45% rise.

Structural Works reach 40% completion.