KL Valeria Juhu Road, 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.

A total of 1 residential transactions has been registered so far for KL Valeria, amounting to ₹ 2 Cr till October 2026.

During Q2'2026, average property prices for KL Valeria moved from ₹ 45,600/sqft to ₹ 65,050/sqft, reflecting a 42.65% 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 KL Valeria moved from ₹ 45,550/sqft to ₹ 45,600/sqft, reflecting a 0.11% rise.

Structural Works reach 75% completion, External Works has reached 40%, Internal finishing stands at 38%, MEP Services including lift and staircases, are now 68% done.

A total of 1 out of 2 launched units have been booked as of June 2024, including , 100% of 2 BHK(1 units).

Structural Works reach 15% completion.