Neev Amberwood Andheri West, Mumbai

Mumbai's Water Stock at 95.97% with Seven Lakes Holding High Levels

Mumbai's water stock has reached 95.97%, with seven lakes maintaining high levels. This ensures a stable water supply for the city, though civic authorities continue to monitor reservoir levels and rainfall.

During Q2'2026, average property prices for Neev Amberwood moved from ₹ 30,600/sqft to ₹ 30,750/sqft, reflecting a 0.49% 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 Neev Amberwood moved from ₹ 29,150/sqft to ₹ 30,600/sqft, reflecting a 4.97% rise.

A total of 170 out of 177 launched units have been booked as of March 2026, including 81% of 3 BHK(26 out of 32), 97% of 2.5 BHK(38 out of 39), 100% of 2 BHK (106 units).

During Q4'2025, average property prices for Neev Amberwood moved from ₹ 29,050/sqft to ₹ 29,150/sqft, reflecting a 0.34% rise.

Structural Works reach 80% completion, External Works has reached 60%, Internal finishing stands at 45%, MEP Services including lift and staircases, are now 40% done.

Neev Amberwood, developed by Neev Infrastructure Pvt Ltd, officially launched on 04-Aug-2017 and expected to complete by 31-Mar-2019. Registered under RERA No. P51800002969. The project comprises 4 towers and offers 177 residential units, including 2 BHK, 2.5 BHK, 3 BHK, with unit sizes ranging from 431 to 1098 Square feet across a total area of 1.40 Acre.