Navkarmik Shiv Palace Malad East, Mumbai

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

MMRDA to Complete Major Infrastructure Projects by December 2028

MMRDA is on track to complete all its ongoing infrastructure projects by December 2028, a year ahead of its original deadline. These projects, part of the 'Mumbai in 59 Minutes' vision, include roads, tunnels, sea links, and metro corridors aimed at creating seamless east-west and north-south connectivity across the region.

During Q2'2026, average property prices for Navkarmik Shiv Palace moved from ₹ 22,700/sqft to ₹ 27,700/sqft, reflecting a 22.03% 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 Navkarmik Shiv Palace moved from ₹ 22,250/sqft to ₹ 22,700/sqft, reflecting a 2.02% rise.

Structural Works reach 71% completion, Internal finishing stands at 20%, MEP Services including lift and staircases, are now 35% done.

SHIV PALACE, developed by NAVKARMIK INFRA & DEVELOPMENT PRIVATE LIMITED, officially launched on 29-May-2024 and expected to complete by 31-May-2027. Registered under RERA No. P51800056318. The project comprises 1 towers and offers 12 residential units, including 1 BHK, 1 BHK SOCIETY MEMBER, 2 BHK, 2 BHK SOCIETY MEMBER, with unit sizes ranging from 334 to 441 Square feet across a total area of 0.15 Acre.