RS Sky Heights Lokhandwala Complex, Mumbai

Mumbai Monorail Services to Resume After Nine-Month Hiatus

Mumbai's monorail services are set to resume soon after a nine-month suspension, following approval from the Maharashtra government for safety improvements and fare revisions. MMRDA has proposed increased ticket prices. The monorail, which previously carried around 18,000 passengers daily, will offer improved services after safety upgrades.

During Q2'2026, average property prices for RS Sky Heights moved from ₹ 30,000/sqft to ₹ 31,400/sqft, reflecting a 4.67% 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.

External Works has reached 21%, MEP Services including lift and staircases, are now 10% done.

A total of 6 out of 56 launched units have been booked as of February 2026, including 12% of 5 BHK(6 out of 51 units).

Structural Works reach 65% completion, External Works has reached 12%, MEP Services including lift and staircases, are now 4% done.

A total of 6 out of 56 launched units have been booked as of May 2025, including 12% of 5 BHK(6 out of 51 units).

Structural Works reach 63% completion.