Shree New Monalisa CHSL 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 Q3'2026, average property prices for Shree New Monalisa CHSL moved from ₹ 58,850/sqft to ₹ 61,500/sqft, reflecting a 4.50% rise.

During Q2'2026, average property prices for Shree New Monalisa CHSL moved from ₹ 58,650/sqft to ₹ 58,850/sqft, reflecting a 0.34% 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 16 out of 30 launched units have been booked as of April 2026, including 43% of 3 BHK(10 out of 23), 75% of 2 BHK(3 out of 4), 100% of 1 BHK (1 units), 4 BHK (2 units).

During Q1'2026, average property prices for Shree New Monalisa CHSL moved from ₹ 51,750/sqft to ₹ 58,650/sqft, reflecting a 13.33% rise.

Structural Works reach 55% completion, MEP Services including lift and staircases, are now 3% done.

Redevelopment of New Monalisa CHSL, developed by Shree Mahavir Estates, officially launched on 31-Jul-2017 and expected to complete by 29-Jun-2022. Registered under RERA No. P51800001955. The project comprises 1 towers and offers 30 residential units, including 1 BHK, 2 BHK, 3 BHK, 4 BHK, with unit sizes ranging from 409 to 1593 Square feet across a total area of 0.15 Acre.