Devakshee Silver Ark Paradise Santacruz East, Mumbai

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.

A total of 2 residential transactions has been registered so far for Devakshee Silver Ark Paradise, amounting to ₹ 3 Cr till September 2026.

During Q2'2026, average property prices for Devakshee Silver Ark Paradise moved from ₹ 26,350/sqft to ₹ 32,600/sqft, reflecting a 23.72% 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 Devakshee Silver Ark Paradise moved from ₹ 25,600/sqft to ₹ 26,350/sqft, reflecting a 2.93% rise.

A total of 3 out of 18 launched units have been booked as of February 2026, including 29% of 1 BHK(2 out of 7 units), 14% of 2 BHK(1 out of 7 units).

A total of 3 out of 13 launched units have been booked as of December 2023, including 33% of 1 BHK(1 out of 3 units), 14% of 3 BHK(1 out of 7 units), 50% of 2 BHK(1 out of 2 units).

SILVER ARK PARADISE, developed by DEVAKSHEE DEVELOPERS PRIVATE LIMITED, officially launched on 31-Jul-2023 and expected to complete by 31-Dec-2026. Registered under RERA No. P51800052220. The project comprises 1 towers and offers 18 residential units, including 1 BHK, 1 RK, 2 BHK, 3 BHK, with unit sizes ranging from 215 to 1033 Square feet across a total area of 0.19 Acre.