Sharan Shelters Fifth Avenue Vile Parle 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 Sharan Shelters Fifth Avenue moved from ₹ 41,800/sqft to ₹ 60,000/sqft, reflecting a 43.54% 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.

A total of 5 out of 10 launched units have been booked as of April 2026, including 44% of 4 BHK(4 out of 9), 100% of 3 BHK (1 units).

During Q1'2026, average property prices for Sharan Shelters Fifth Avenue moved from ₹ 37,900/sqft to ₹ 41,800/sqft, reflecting a 10.29% rise.

Structural Works reach 76% completion, External Works has reached 95%, Internal finishing stands at 90%, MEP Services including lift and staircases, are now 95% done.

FIFTH AVENUE APARTMENTS, developed by SHARAN SHELTERS PVT LTD, officially launched on 22-Aug-2017 and expected to complete by 31-Jul-2019. Registered under RERA No. P51800009357. The project comprises 1 towers and offers 10 residential units, including 3 BHK, 4 BHK, with unit sizes ranging from 1518 to 3122 Square feet across a total area of 0.19 Acre.