Global Ventures Residency Goregaon East, Mumbai

Mumbai Infrastructure Projects: New Connector , GMLR Tunnel Progress

The Maharashtra government has approved a Rs 1,722-crore project for a four-lane connector from the Sea Link to Pali Hill, aiming to improve traffic flow. Also , TBM has begun excavating a 5.3-km tunnel under the Sanjay Gandhi National Park as part of the Goregaon-Mulund Link Road (GMLR) project, with 9 meters of excavation completed.

BMC Sets Deadlines for Key Infrastructure Projects: Vidyavihar Connector, GMLR Phase 1, and Mankhurd Flyover to Open Soon

BMC has announced completion targets for three significant infrastructure projects. The Vidyavihar east-west connector is slated to open by August 31, the first phase of the Goregaon-Mulund Link Road (GMLR) by September, and the Mankhurd-Maharashtra Nagar flyover by May 31, 2027. These projects are expected to improve traffic flow and connectivity in their respective areas.

Mumbai Monorail Services to Resume After Nine-Month Hiatus

Mumbai's monorail services are set to resume soon after a nine-month suspension, following approval from the Maharashtra government for safety improvements and fare revisions. MMRDA has proposed increased ticket prices. The monorail, which previously carried around 18,000 passengers daily, will offer improved services after safety upgrades.

BMC to Take Over 24 Major Flyovers and Road Structures from MSRDC for Faster Repairs

The Brihanmumbai Municipal Corporation (BMC) is preparing to take over 24 major flyovers and several key road structures from the Maharashtra State Road Development Corporation (MSRDC). This move aims to establish a single point of authority for maintenance, repairs, and pothole filling, promising faster response times.

Rent in Global Ventures Residency ranges from ₹ 45 K to ₹ 55 K with options available for 1 BHK.

During Q2'2026, average property prices for Global Ventures Residency moved from ₹ 25,200/sqft to ₹ 28,500/sqft, reflecting a 13.10% 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.

Goregaon-Mulund Link Road Project Receives ₹2,650 Crore in BMC Budget

The Goregaon-Mulund Link Road project has been allocated ₹2,650 crore in the BMC's FY26-27 budget. This crucial east-west connectivity project, which involves the construction of a 4.7 km twin-tube tunnel under the Sanjay Gandhi National Park, aims to ease traffic congestion on the Ghodbunder Road.

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.