Vira Avenue Vile Parle East, 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.

A total of 6 residential transactions has been registered so far for Vira Avenue, amounting to ₹ 16 Cr till September 2026.

During Q2'2026, average property prices for Vira Avenue moved from ₹ 35,150/sqft to ₹ 45,300/sqft, reflecting a 28.88% 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 Vira Avenue moved from ₹ 35,000/sqft to ₹ 35,150/sqft, reflecting a 0.43% rise.

Structural Works reach 25% completion.

A total of 13 out of 86 launched units have been booked as of February 2026, including 3% of 1 BHK(1 out of 30 units), 20% of 2 BHK(2 out of 10 units), 100% of OFFICE(1 units), 1 RK(9 units).

During Q4'2025, average property prices for Vira Avenue moved from ₹ 34,550/sqft to ₹ 35,000/sqft, reflecting a 1.30% rise.