Shobha Vedant Complex Neral, Navi 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.

During Q2'2026, average property prices for Shobha Vedant Complex moved from ₹ 4,650/sqft to ₹ 6,250/sqft, reflecting a 34.41% rise.

Navi Mumbai Gears Up for Major Infrastructure Push with ₹16,250 Crore Budget

CIDCO has unveiled an ambitious ₹16,250 crore budget for FY27, signaling a significant infrastructure expansion centered around the Navi Mumbai International Airport. The plan includes developing integrated zones like Aerocity, EduCity, and MediCity to drive economic activity and attract investments.

During Q1'2026, average property prices for Shobha Vedant Complex moved from ₹ 4,300/sqft to ₹ 4,650/sqft, reflecting a 8.14% rise.

Structural Works reach 61% completion. Internal finishing stands at 3%. MEP Services including lift and staircases, are now 19% done

VEDANT COMPLEX, officially launched on 21-May-2025 and expected to complete by 31-Mar-2030. Registered under RERA No. P52000080316. The project comprises 1 towers and offers 43 residential units, including SHOP, SHOP LANDOWNER, 1 BHK, 1 BHK LANDOWNER, 2 BHK, with unit sizes ranging from 65 to 506 Square feet across a total area of 0.19 Acre.