Monalisa CHS Goregaon Aarey Colony, Mumbai

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.

During Q1'2026, average property prices for Monalisa CHS Goregaon moved from ₹ 24,450/sqft to ₹ 24,750/sqft, reflecting a 1.23% rise.

Mumbai Infrastructure Projects Gain Momentum with Budget Allocations and Project Launches

Mumbai is experiencing a surge in infrastructure and activity. The BMC has proposed a record budget of ₹80,952.56 crore for FY 2026-27, with a significant portion allocated to infrastructure projects like the Coastal Road, Goregaon-Mulund Link Road (GMLR), and Sewage Treatment Plants (STPs).MMRDA has allocated over ₹5,400 crore for road tunnel projects, including one connecting Worli-Bandra Sea Link to Mumbai Airport.

Mumbai Metro Line 3 (Aqua Line) Fully Operational, Enhancing Connectivity

The Mumbai Metro Line 3, also known as the Aqua Line, is fully operational, connecting Cuffe Parade to Aarey JVLR. The 33.5-km underground line has 27 stations and is expected to serve 13 lakh passengers daily. The final phase was inaugurated on October 9, 2025, and integrates with existing transport networks, providing connectivity to business hubs, entertainment zones, and airports.