Esperanza Bandra West, 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.

During Q2'2026, average property prices for Esperanza moved from ₹ 78,750/sqft to ₹ 81,250/sqft, reflecting a 3.17% 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.

A total of 47 out of 53 launched units have been booked as of April 2026, including 94% of COMMERCIAL 5(15 out of 16), 50% of COMMERCIAL 3(1 out of 2), 100% of COMMERCIAL 6 (16 units), COMMERCIAL 4 (15 units).

During Q1'2026, average property prices for Esperanza moved from ₹ 77,500/sqft to ₹ 78,750/sqft, reflecting a 1.61% rise.

During Q4'2025, average property prices for Esperanza moved from ₹ 64,700/sqft to ₹ 77,500/sqft, reflecting a 19.78% rise.

Structural Works reach 99% completion, External Works has reached 100%, Internal finishing stands at 98%, MEP Services including lift and staircases, are now 100% done.

ESPERENZA, developed by SPLENDOUR REALTORS INDIA PRIVATE LIMITED, officially launched on 19-Aug-2017 and expected to complete by 31-Mar-2018. Registered under RERA No. P51800008847. The project comprises 1 towers and offers 53 residential units, including COMMERCIAL 1, COMMERCIAL 2, COMMERCIAL 3, COMMERCIAL 4, COMMERCIAL 5, COMMERCIAL 6, with unit sizes ranging from 291 to 893 Square feet across a total area of 0.22 Acre.