Infrastructure

Mumbai, the city that never sleeps, will soon add another significant transit upgrade with Metro-3 Line Phase-1, which will link Aarey to Bandra Kurla Complex.

Tunnel Between Orange Gate at the Eastern Freeway and the Coastal Road at Marine Drive Should be a Reality Soon

The potential impact of the Karnataka government's decision to allocate a 300-acre plot near Bengaluru's international airport to Foxconn for an iPhone assembly unit, on the real estate markets of Devanahalli and Doddaballapur could be huge.

The Maharashtra State Road Development Corporation (MSRDC) has won the proposal for the Virar-Alibaug multimodal corridor (VAMMC) in Mumbai, which is a significant development for transit connectivity in the Mumbai Metropolitan Region (MMR).

As a first step, the MMRDA proposes a transit-oriented development (TOD) levy on all new residential and commercial structures built within 200 metres of Mumbai Metro Line 7.

As per news sources, Singapore's sovereign wealth fund GIC is evaluating a 1.5 trillion rupee (INR) investment in IRB Infrastructure Trust, an infrastructure investment trust (InvIT) sponsored by the construction company IRB Infrastructure Developers.

The longest sea bridge in the country is currently being built in Mumbai. Connecting Sewri in South Mumbai to Chirle in Navi Mumbai, the Mumbai Trans Harbour Link (MTHL) is a massive civil project spearheaded by the MMRDA.

Nashik Credai Metro has appointed Krunal Patil president of the Nashik Chapter for the years 2023-24. He succeeds Ravi Mahajan as the sixteenth President to be appointed.

The much-anticipated Thane Coastal road, which is intended to alleviate congestion on the Ghodbunder road, is likely to gain momentum as the MMRDA is expected to begin its tendering process shortly, according to officials.

With progress being made on the Navi Mumbai International Airport, the two development agencies in the Mumbai Metropolitan Area have revived the Airport Express Line.

The connectivity boost that the Metro network would bring in the congested Whitefield neighbourhood by connecting it to the city's core is expected to increase real estate prices in the area and its surrounds, according to an industry expert.

Madurai Metro - Information & Updates

In Mumbai, the BMC has issued bids for the building of an elevated road between Orange Gate (where the Eastern Freeway starts in south Mumbai) and Grant Road in February 2023.

The first section of the Mumbai coastal route from Marine Drive to Worli should be finished by November 2023.

The Complete Guide to Infrastructure Projects in Mumbai 2023, Mumbai Real Estate