![\"Upcoming](\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2023\/03\/08123918\/Roadways-extra.jpg\")
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The <\/span>Bharatmala Pariyojana<\/span><\/a> is said to be the second-largest highway project in India. And National Highways Development project is the first one on the list.<\/span><\/p>\n The prime focus of the Bharatmala Pariyojana construction is to optimize the efficiency of the movement of goods and people across India.<\/span><\/p>\n The project will be connecting 550 districts through NH linkages across the country.<\/span><\/p>\n Bharatmala Pariyojana is aimed to unite remote areas and satellite cities such as Pune, Bangalore, Hyderabad, etc.<\/span><\/p>\n The project suggests the highway will pass through Gujarat, Maharashtra, Rajasthan, Haryana, & Punjab.\u00a0<\/span><\/p>\n Further, the route will get linked to Himalayan territories such as Jammu Kashmir, Uttarakhand, & Himachal Pradesh.\u00a0<\/span><\/p>\n Uttar Pradesh, Bihar, West Bengal, Terai, Sikkim, Arunachal Pradesh, Assam, etc. are also connected over the highway route.<\/span><\/p>\n The impact of Bharatmala Pariyojana will boost the highway infrastructure by raising 6 NC corridors to 50 corridors, & 40% of freight to 80% of freight operations on National highways.<\/span><\/p>\n This project is one of the most significant among upcoming infrastructure projects in India.<\/span><\/p>\n The total length of the Bharatmala Pariyojana is 83677 km. This is divided into two construction phases like<\/span><\/p>\n Phase 1 was expected to be completed by December 2022. But due to the issues such as land acquisition, multiple Covid-19 waves & rise in cost value.<\/span><\/p>\n Initially, the estimated cost for phase 1 was Rs. 5.35 lakh crores. But due to the delay in land acquisition, the cost has risen to Rs. 8.6 lakh crores.<\/span><\/p>\n Now, the expected completion date for phase 1 is FY 2026.<\/span><\/p>\n The planning process for phase 2 has already begun by NHAI.<\/span><\/p>\n Currently, phase 1 of the Bharatmala Pariyojana is still under construction. And it is expected to be completed by FY 2026.<\/span><\/p>\n And later on, phase 2 of the project will be started.<\/span><\/p>\n The completion date of the project is only been decided for phase 1 which is 2026. And yet to be decided for phase 2 of the project.<\/span><\/p>\n So, the overall project completion date is not been decided yet.<\/span><\/p>\n The Bharatmala Pariyojana is connecting multiple cities. The real estate demand will also be boosted as people can travel easily across the nation.<\/span><\/p>\n This connectivity will lead to an upsurge in the real estate industry across the nation by making it more profitable.<\/span><\/p>\n The Mumbai-Ahmedabad bullet train project is a 508 km long rail line.<\/span><\/p>\n The project is structured in such a way that it will have 12 stations, 3 rolling stock depots, eight maintenance depots, a Sabarmati passenger hub & HSR training institute over the route.<\/span><\/p>\n The total cost of the Mumbai-Ahmedabad bullet train project is around Rs. 1.1 lakh crores.<\/span><\/p>\n The Mumbai to Ahmedabad travel time will be reduced from 7 to 8 hours to 2 hours & 57 minutes via traveling through the Mumbai-Ahmedabad bullet train.<\/span><\/p>\n And currently this project is one of the most look after among list of upcoming infrastructure projects in India.<\/span><\/p>\n You can check out Mumbai Ahmedabad Bullet Train 2025 \u2013 Map, & Ticket Price<\/a> to know more about the project<\/p>\n Initially, the Mumbai-Ahmedabad bullet train was in process in Gujarat. And in Maharashtra, the project was not in progress due to a land acquisition issue.<\/span><\/p>\n Now, the issue is been solved. And Maharashtra took growth in initiating the work for the project.<\/span><\/p>\n Now we can expect the completion of the Mumbai-Ahmedabad bullet train project soon.<\/span><\/p>\n Recently, Senior BJP said \u201cThe land acquisition issue in Maharashtra is been solved now. And now the project will seek huge growth in the completion of this project.<\/span><\/p>\n The planned completion date for this project is <\/span>August 2026.<\/b><\/p>\n The real estate project demand will be impacted in a big way as this project helps in connecting two major metropolises.<\/span><\/p>\n Property in Thane<\/span>, Dombivali & Kalyan is seeking huge growth as these localities are available at the closest proximity to this bullet train project. Whereas, Thane is also one of the stations for this project.<\/span><\/p>\n The Navi Mumbai International Airport will be built on a total area of 1160 hectares.<\/span><\/p>\n The site of the project is situated in Mumbai\u2019s east Raigad district. This airport will be connected to the Chhatrapati Shivaji Maharaj International Airport through the metro line.<\/span><\/p>\n The airport will also be close to Mumbai via the currently under-construction Mumbai Trans Harbour link project.<\/span><\/p>\n Over the completion of the first phase of Navi Mumbai International Airport, it will be capable of managing 10 million passengers per year. And 25 million & 60 million passengers over the completion of the 2nd & last phases.<\/span><\/p>\n And the estimated cost of the project is Rs. 16700 crores.<\/span><\/p>\n Navi Mumbai International Airport project is one of the most vast and revolutionary among upcoming infrastructure projects in India.<\/span><\/p>\n The Navi Mumbai International Airport is currently under construction.<\/span><\/p>\n Initially, it was planned that the construction of the first phase of the project will be completed in July 2024.<\/span><\/p>\n As per the latest update, the first phase & second phase is combined. And the construction of both phases will be completed in December 2024.<\/span><\/p>\n And the Navi Mumbai International Airport opening will be held in 2025.<\/span><\/p>\n Over the completion of the Navi Mumbai International Airport, the <\/span>property in Navi Mumbai<\/span><\/a> will seek a price appreciation of around 10 to 15%.<\/span><\/p>\n Property in Panvel<\/span><\/a>, Kamothe, Ulwe, Taloja, Kharghar, etc will be benefited largely.<\/span><\/p>\n The Mumbai Trans Harbour Link project has another name as Sewri-Nhava Sheva Trans Harbour link.<\/span><\/p>\n This project is a 21.8km long & 27 meters wide 6-lane expressway. This roadway will link Mumbai to Navi Mumbai.<\/span><\/p>\n Over the completion of the project, Mumbai Trans Harbour Link will be the longest sea bridge in India.<\/span><\/p>\n The bridge will start from Sewri of South Mumbai. And later will pass through Thane Creek and end at Chirle close to Nhava Sheva.<\/span><\/p>\n The total estimated cost of the project is Rs. 17843 crores.<\/span><\/p>\n Mumbai Trans Harbour Link is currently one of connectivity enhancing project among upcoming infrastructure projects in India.<\/span><\/p>\n The Mumbai Trans Harbour Link project is currently under construction.<\/span><\/p>\n The Mumbai Trans Harbour Link is ready for use by the public.<\/span><\/p>\n This project will allow faster travel to various cities.\u00a0<\/span><\/p>\n And it will also impact the growth of <\/span>property in Thane<\/span>, Nashik, Pune & <\/span>property in Panvel<\/span>.<\/span><\/p>\n Raigad being a neighboring district will also experience a raise in real estate prices.<\/span><\/p>\n The <\/span>Delhi-Mumbai Industrial Corridor<\/span><\/a> (DMIC) will be covering a total length of 1504 km.<\/span><\/p>\n It will be passing through states such as Uttar Pradesh, Haryana, Delhi NCR, Rajasthan, Gujarat & Maharashtra. And it will cover 89 districts in the mentioned states.<\/span><\/p>\n The ending terminals of this industrial corridor will be Dadri in Delhi NCR & Jawaharlal Nehru Port (JNPT) in Mumbai.<\/span><\/p>\n It is estimated that this project will help in the growth of the manufacturing output value by 3.5 times between 2010 to 2020 i.e Rs. 15.2 billion to Rs. 52.8 billion.<\/span><\/p>\n And between 2010 to 2040, the estimated growth will be 14 times i.e increasing to Rs. 212.6 billion.<\/span><\/p>\n The Delhi-Mumbai Industrial Corridor project is currently under construction.<\/span><\/p>\n The expected completion date of the Delhi-Mumbai Industrial Corridor is 2040. And this <\/span>project is one of the most impactful upcoming infrastructure projects in India.<\/span><\/p>\n The Delhi-Mumbai Industrial Corridor will impact as an infrastructural upgrade along with developments of industries & businesses.\u00a0<\/span><\/p>\n As industry operations are going to increase this will result from a rise in demand for office areas & industrial land.<\/span><\/p>\n And employment opportunities are also going to increase which will impact a rise in demand for residential <\/span>property in Mumbai<\/span><\/a>, Rajasthan, Madhya Pradesh, Gujarat, etc.<\/span><\/p>\n![\"Upcoming](\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2023\/03\/08123248\/Top-8-Upcoming-Infrastructure-Projects-in-India-2023_Image-On-7th-page.jpg\")
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Current Status of the Bharatmala <\/b>Pariyojana<\/strong><\/h3>\n
Completion Date of Bharatmala Pariyojana<\/b><\/h3>\n
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<\/p>\nImpact On Real Estate<\/b><\/h3>\n
Mumbai Ahmedabad Bullet Train<\/b><\/h2>\n
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<\/p>\nCurrent Status of Mumbai-Ahmedabad Bullet Train<\/b><\/h3>\n
Completion Date of Mumbai-Ahmedabad Bullet Train<\/b><\/h3>\n
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<\/p>\nImpact On Real Estate<\/b><\/h3>\n
Navi Mumbai International Airport<\/b><\/h2>\n
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<\/p>\nCurrent Status Of Navi Mumbai International Airport<\/b><\/h3>\n
Completion Date Of Navi Mumbai International Airport<\/b><\/h3>\n
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<\/p>\nImpact On Real Estate<\/b><\/h3>\n
Mumbai Trans Harbour Link<\/b><\/h2>\n
![\"Upcoming](\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2023\/03\/08123947\/Mumbai-Trans-Harbour-Link-Project.jpg\")
<\/p>\nCurrent Status Of Mumbai Trans Harbour Link<\/b><\/h3>\n
Completion Date of Mumbai Trans Harbour Link<\/b><\/h3>\n
Impact On Real Estate<\/b><\/h3>\n
Delhi-Mumbai Industrial Corridor<\/b><\/h2>\n
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<\/p>\nCurrent Status Of Delhi-Mumbai Industrial Corridor<\/b><\/h3>\n
Completion Date of Delhi-Mumbai Industrial Corridor<\/b><\/h3>\n
Impact On Real Estate<\/b><\/h3>\n
Sagarmala Project<\/b><\/h2>\n
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