Shree Mahavir Jade CHS Kandivali West, Mumbai

MMRDA Plans Two New Ring Roads to Ease Mumbai Traffic

The Mumbai Metropolitan Region Development Authority (MMRDA) is planning two additional ring routes, expanding its proposed network from seven to nine. These new corridors will cover approximately 307 km and will connect existing roads and planned projects across Mumbai, Thane, and Navi Mumbai.

A total of 1 residential transactions has been registered so far for Shree Mahavir Jade CHS, amounting to ₹ 3 Cr till August 2026.

New Road Link Approved to Enhance Mumbai Connectivity

The Maharashtra government has approved a ₹1,722 crore road link project aimed at connecting the Versova-Bandra Sea Link with the Mumbai Coastal Road. This infrastructure development is expected to significantly improve traffic flow, reduce commuting times across the city.

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.

Goregaon-Mulund Link Road Project Receives ₹2,650 Crore in BMC Budget

The Goregaon-Mulund Link Road project has been allocated ₹2,650 crore in the BMC's FY26-27 budget. This crucial east-west connectivity project, which involves the construction of a 4.7 km twin-tube tunnel under the Sanjay Gandhi National Park, aims to ease traffic congestion on the Ghodbunder Road.

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 25%, Internal finishing stands at 48%, MEP Services including lift and staircases, are now 35% done.

During Q1'2026, average property prices for Shree Mahavir Jade CHS moved from ₹ 21,900/sqft to ₹ 23,050/sqft, reflecting a 5.25% rise.

External Works has reached 10%, Internal finishing stands at 35%, MEP Services including lift and staircases, are now 18% done.