Multi Space Praneeta Heights Gorai, Mumbai

During Q2'2026, average property prices for Multi Space Praneeta Heights moved from ₹ 24,100/sqft to ₹ 26,350/sqft, reflecting a 9.34% 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 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.

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 Multi Space Praneeta Heights moved from ₹ 24,050/sqft to ₹ 24,100/sqft, reflecting a 0.21% rise.

Structural Works reach 100% completion, External Works has reached 90%, Internal finishing stands at 85%, MEP Services including lift and staircases, are now 70% done.

Structural Works reach 90% completion, Internal finishing stands at 25%.

A total of 32 out of 80 launched units have been booked as of May 2025, including 33% of SALE COMMERCIAL(2 out of 6 units), 56% of SALE 1 BHK(9 out of 16 units), 57% of SALE 2 BHK(13 out of 23 units), 33% of SALE 3 BHK(1 out of 3 units), 100% of SALE FLAT(7 units).

Structural Works reach 68% completion, Internal finishing stands at 4%, MEP Services including lift and staircases, are now 25% done.