VR Jovial Ark Borivali 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 VR Jovial Ark moved from ₹ 24,950/sqft to ₹ 31,200/sqft, reflecting a 25.05% 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 Q4'2025, average property prices for VR Jovial Ark moved from ₹ 23,300/sqft to ₹ 25,150/sqft, reflecting a 7.94% rise.

Structural Works reach 80% completion, Internal finishing stands at 100%, MEP Services including lift and staircases, are now 100% done.

A total of 31 out of 34 launched units have been booked as of July 2024, including 85% of 1 BHK(17 out of 20 units), 100% of SHOP(3 units), 2 BHK(10 units), 1 RK(1 units).

Structural Works reach 79% completion, External Works has reached 100%, Internal finishing stands at 93%, MEP Services including lift and staircases, are now 98% done.

A total of 28 out of 34 launched units have been booked as of December 2023, including 70% of 1 BHK(14 out of 20 units), 100% of SHOP(3 units), 2 BHK(10 units), 1 RK(1 units).