![\"Upcoming](\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2023\/04\/04101619\/Airoli-Katai-Naka-Freeway.jpg\")
<\/p>\n<\/p>\n
The Airoli Katai Naka freeway is the 12.30 km elevated 6-lane road project supervision under MMRDA.\u00a0<\/span><\/p>\n This highway will be connecting the Airoli bridge to Parsik to Shilpata to Katai Naka in Maharashtra.<\/span><\/p>\n The estimated cost of the project is Rs. 944 crores.<\/span><\/p>\n The separation of the Airoli Katai Naka freeway project construction into 3 phases is been defined as\u00a0<\/span><\/p>\n Being listed among one of the looked-after upcoming infrastructure projects in Mumbai, the Airoli Katai Naka freeway has elevated roads & tunnel is under construction since 2019.<\/span><\/p>\n Phase 2 of the Airoli Katai Naka Freeway project is been planned to be ready for operations in 2023.<\/span><\/p>\n Once the entire project is completed, the travelers between Mumbai, Kalyan & Badlapur Industrial estate will be mostly benefitted from this freeway.<\/span><\/p>\n So, the Airoli Katai Naka Freeway project’s estimated deadline is set for <\/span>2024<\/b>.<\/span><\/p>\n To know the complete details about the project check out <\/span>Airoli Katai Naka Freeway Project 2024 – Details, Status, and Latest Updates<\/span><\/a>\u00a0<\/span><\/p>\n Over the completion of the <\/span>Airoli Katai Naka Freeway project, the development of educational institutes, malls, commercial buildings, etc will be seen in the main locations across the roadway.<\/span><\/p>\n And <\/span>properties in Navi Mumbai<\/span><\/a> & real estate in <\/a><\/span>Dombivli<\/span><\/a>\u00a0will be experiencing major real estate benefits as growth in property rates.<\/span><\/p>\n A new airport called the Navi Mumbai International Airport will be constructed on a vast land of 1160 hectares located in the eastern Raigad district of Mumbai.\u00a0<\/span><\/p>\n The airport will be linked to the Chhatrapati Shivaji Maharaj International Airport through a metro line.\u00a0<\/span><\/p>\n And it will also be in proximity to Mumbai through the Mumbai Trans Harbour Link project that is currently under construction.\u00a0<\/span><\/p>\n The airport will be capable of handling 10 million passengers annually upon the completion of its first phase, and its capacity will increase to 25 million and 60 million passengers after the second and final phases, respectively.\u00a0<\/span><\/p>\n The estimated cost of the project is Rs. 16700 crores.<\/span><\/p>\n Navi Mumbai International Airport is currently one of the upcoming infrastructure projects in Mumbai and it is still under construction.<\/span><\/p>\n Initially, it was scheduled that the 1st phase of this project would conclude in July 2024<\/strong>.\u00a0<\/span><\/p>\n However, the latest update indicates that the first and second phases are being merged, and the construction of both phases is now expected to finish in March 2025<\/strong><\/span>.\u00a0<\/span><\/p>\n The opening ceremony of the Navi Mumbai International Airport was set to take place in November 2024<\/strong>.<\/span><\/p>\n To know the complete details about the project check out <\/span>Navi Mumbai International Airport<\/span><\/a><\/p>\n Project 2024<\/span><\/a>.<\/span><\/p>\n Upon the completion of the Navi Mumbai International Airport, real estate prices in the area are expected to appreciate by approximately 10 to 20%.\u00a0<\/span><\/p>\n This appreciation will be particularly beneficial for <\/span>properties in Panvel<\/span><\/a>, Kamothe, Ulwe, Taloja, Kharghar, and other nearby locations.<\/span><\/p>\n The Mumbai Metro project is a total of 337 km master plan divided into 10 lines. And these 10 lines are separated into 17 sections.<\/span><\/p>\n Out of those 17 sections, Maha Mumbai Metro Operation corporation (MMMOCL) plans to initially operate two of its Metro Lines. Those are Line 2A and Line 7.\u00a0<\/span><\/p>\n Line 2A will cover a distance of 18.6 km and consist of 17 stations, running from Dahisar to D. N. Nagar.\u00a0<\/span><\/p>\n Line 7, on the other hand, will run from Dahisar (E) to Andheri (E) covering a distance of 16.5 km and comprising 13 stations.\u00a0<\/span><\/p>\n To provide passengers with ease and punctuality, a total of 44 train sets with 6 coaches each, manufactured using the “Make in India” concept, will be deployed.<\/span><\/p>\n MMMOCL will introduce driverless metro trains equipped with GoA 4 technology, which can accommodate a maximum number of passengers and come with fully air-conditioned coaches.\u00a0<\/span><\/p>\n In addition, all stations will feature solar panels and CBTC signaling systems to ensure passenger safety and reduce travel time.<\/span><\/p>\n Currently, metro line 1, 2A & 7 are fully operating from 2oth February, 23. And lines 2B, 3, 4, 5, & 6 are under construction. Lines 8, 11, 12, 13, & 14 are the proposed lines.<\/span><\/p>\n The Mumbai metro project is being constructed in 3 phases. And overall completion of the Mumbai metro construction is estimated to be in <\/span>October 2026<\/b>.<\/span><\/p>\n And currently, this is one of the most awaited upcoming infrastructure projects in Mumbai.<\/p>\n Thus far, the Mumbai Metro has had a positive impact on the prices of <\/span>property in Mumbai <\/span><\/a>due to its enhanced connectivity and amenities, as well as reduced travel time on the roads.\u00a0<\/span><\/p>\n Experts in the real estate industry predict that the metro will continue to shape property price trends in various localities and influence real estate prices in Mumbai.<\/span><\/p>\n Multiple upcoming infrastructure projects in Mumbai are currently in progress, among which the Versova Bandra Sea Link (VBSL) stands at top of the list.\u00a0<\/span><\/p>\n This project involves the construction of a new sea link bridge that will connect Nani Nani park at the Versova location to Bandra in the present Bandra-Worli sea link, with additional connections at Juhu-Koliwada and Otter\u2019s club to maximize connectivity to various locations.<\/span><\/p>\n To ensure the safety of travelers, the VBSL will be equipped with various facilities such as traffic monitoring systems, emergency rescue systems, bus bays with shelters, street lights, and noise barriers.<\/span><\/p>\n At present, the Versova Bandra sea link project is still under construction.<\/span><\/p>\n The expected date of completion for the construction of the Versova Bandra Sea Link has been rescheduled to <\/span>December 2026<\/b>.\u00a0<\/span><\/p>\n Additionally, the estimated date for the planned defect liability period has been set to December 2028<\/strong>.<\/span><\/p>\n To know the complete details about the project check out <\/span>Versova Bandra Sea Link 2024: Project Completion Date, Current Status, and Map<\/span><\/a><\/p>\n The upcoming Versova Bandra Sea Link is anticipated to create opportunities for real estate growth in the vicinity of Versova, including areas such as Kandivali, Borivali, Mira Road, and others.<\/span><\/p>\n Already, the project has a positive impact on the prices of <\/span>properties in Andheri<\/span><\/a>, as well as in nearby regions like Goregaon, Kandivali, and <\/span>Borivali real estate<\/span><\/a>.<\/span><\/p>\n The Mumbai Coastal Road project spans a total length of 29.20 kilometers, providing a much-needed solution to the typical two-hour travel time between South Mumbai and Western Mumbai by reducing it to just 40 minutes.\u00a0<\/span><\/p>\n The route will comprise several components such as bridges, tunnels, culverts, interchanges, landfilled roads, and eight lanes across the roadway. The project has acquired 186 hectares of land.<\/span><\/p>\n Being waited as one of the upcoming infrastructure projects in Mumbai is expected to bring a host of benefits. Such as a reduction of travel time by 70%, efficient road connectivity, a 34% reduction in daily fuel consumption, a decrease in city traffic, and real estate development, among others. The project’s closest localities are Marine Drive, Mahalaxmi, & Worli.<\/span><\/p>\n The estimated cost of this upcoming Mumbai Coastal Road project is Rs. 12000 crores.<\/span><\/p>\n The Mumbai Coastal Road project is separated into northern and southern segments. Currently, the southern portion of the project, stretching from Princess Street flyover to already established Bandra Worli Sea Link is almost 70% completed.\u00a0<\/span><\/p>\n This information was verified by a senior official from the Mumbai Metro Corporation.<\/span><\/p>\n The Mumbai coastal road project is expected to be completed by December<\/strong><\/span> 2024<\/b>. And for more detailed information check out <\/span>Mumbai Coastal Road 2024 \u2013 Map, Current Status, and Latest Update<\/span><\/a><\/p>\n The upcoming Mumbai Coastal Road project is anticipated to have a significant impact on the growth of housing demand in nearby suburbs, leading to a rise in property prices.\u00a0<\/span><\/p>\n\n
Current Status Of Airoli Katai Naka Freeway<\/b><\/h3>\n
Completion Date Of Airoli Katai Naka Freeway<\/b><\/h3>\n
Impact On Real Estate<\/b><\/h3>\n
Navi Mumbai International Airport<\/b><\/h2>\n
![\"Upcoming](\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2023\/04\/04101656\/Navi-Mumbai-International-Airport.jpg\")
<\/p>\nCurrent Status Of Navi Mumbai International Airport<\/b><\/h3>\n
Completion Date Of Navi Mumbai International Airport<\/b><\/h3>\n
Impact On Real Estate<\/b><\/h3>\n
Mumbai Metro<\/b><\/h2>\n
![\"Upcoming](\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2023\/04\/04101729\/Mumbai-Metro.jpg\")
<\/p>\nCurrent Status Of Mumbai Metro<\/b><\/h3>\n
Completion Date Of Mumbai Metro<\/b><\/h3>\n
Impact On Real Estate<\/b><\/h3>\n
Versova Bandra Sea Link<\/b><\/h2>\n
![\"Upcoming](\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2023\/04\/04101927\/Versova-Bandra-Sea-Link.jpg\")
<\/p>\nCurrent Status Of Versova Bandra Sea Link<\/b><\/h3>\n
Versova Bandra Sea Link Completion Date<\/b><\/h3>\n
Impact On Real Estate<\/b><\/h3>\n
Mumbai Coastal Road<\/b><\/h2>\n
![\"Upcoming](\"https:\/\/homebazaar-blog.s3.ap-south-1.amazonaws.com\/knowledge\/wp-content\/uploads\/2023\/04\/04101958\/Mumbai-Coastal-Road.jpg\")
<\/p>\nMumbai Coastal Road Current Status<\/b><\/h3>\n
Mumbai Coastal Road Completion Date<\/b><\/h3>\n
Impact On Real Estate<\/b><\/h3>\n