Vira Sky Vista Chakala, Mumbai

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 Sky Vista moved from ₹ 34,900/sqft to ₹ 35,350/sqft, reflecting a 1.29% rise.

Structural Works reach 6% completion.

A total of 25 out of 140 launched units have been booked as of February 2026, including 6% of 1 BHK(4 out of 71 units), 54% of 2 BHK(21 out of 39 units).

During Q4'2025, average property prices for Vira Sky Vista moved from ₹ 33,200/sqft to ₹ 34,900/sqft, reflecting a 5.12% rise.

A total of 25 out of 140 launched units have been booked as of January 2025, including 6% of 1 BHK(4 out of 71 units), 54% of 2 BHK(21 out of 39 units).

Structural Works reach 5% completion.

Sky Vista, developed by Delta Associates, officially launched on 06-Feb-2024 and expected to complete by 05-Jan-2029. Registered under RERA No. P51800054717. The project comprises 3 towers and offers 140 residential units, including SHOP, REHAB SHOP, 1 BHK, 1 BHK REHAB, 2 BHK, 2 BHK REHAB, 3 BHK, with unit sizes ranging from 291 to 958 Square feet across a total area of 0.52 Acre.