Everest Tower Kalyan West, Thane

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.

MMRDA Expands Metro Line 5 in Thane to 34.2 km; Phase 1 Nears Launch

MMRDA is expanding Metro Line 5 in Thane to a total length of 34.2 km, with Phase 1 expected to launch by the year's end. This expansion will significantly improve public transportation connectivity within Thane and to neighboring areas, potentially reducing travel times and easing road congestion.

A total of 2 residential transactions has been registered so far for Everest Tower, amounting to ₹ 97 L till August 2026.

Thane District Under Heavy Rainfall Alert; Hoarding Collapses

A hoarding on the road divider at Pokhran Road No. 2 collapsed due to strong winds along with incessant rains ,causing traffic disuption. This event, along with other infrastructure failures mentioned in broader Mumbai news, points to the challenges faced by the city during monsoon seasonon.

Airoli-Katai Elevated Corridor Phases 1 & 2 to Open in July, Promising Faster Commute

The first two phases of the Airoli-Katai Elevated Corridor are set to be commissioned in July, significantly reducing travel time between Navi Mumbai, Thane, Kalyan, and Dombivli. This MMRDA project is expected to cut commute times by up to 45 minutes, easing traffic congestion and improving regional connectivity.

Rent in Everest Tower ranges from ₹ 14 K to ₹ 17 K with options available for 1 BHK.

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.

MMRDA Advances Metro Line 14 DPR Process with Technical Bids Under Evaluation

The Mumbai Metropolitan Region Development Authority (MMRDA) has moved forward with the consultant appointment process for Metro Line 14, connecting Kanjurmarg to Badlapur.This will be mproving daily commuting for residents in Mumbai's eastern suburbs and developing parts of the MMR.

Mumbai's Water Metro Project Phase 1 to Connect Key Regions with 16 Routes and 26 Terminals

Mumbai is set to launch its Water Metro project, with Phase 1 planning 16 routes and 26 terminals to connect Mumbai with Navi Mumbai, Thane, Vasai, and other areas. Utilizing electric ferries, the project aims to significantly reduce travel time by up to 50% on certain routes, ease traffic congestion on roads and local trains, and provide an eco-friendly transportation alternative.

During Q1'2026, average property prices for Everest Tower moved from ₹ 9,050/sqft to ₹ 9,400/sqft, reflecting a 3.87% rise.