Mumbai realty set for a boost as infra projects near completion
Financial Express Mumbai|October 10, 2023
WITH FOUR KEY infrastructure projects in the Mumbai Metropolitan Region (MMR) nearing completion, the business and residential hubs of the city will soon see increased activity in real estate, said a report released on Monday.
Mumbai realty set for a boost as infra projects near completion

The projects include the Mumbai Metro, especially the lines which are set to be operational by 2024; the Mumbai Trans Harbour Link (MTHL); and Phase 1 of both the Coastal Road Project (CRP) and Navi Mumbai International Airport (NMIA).

In tandem with improved connectivity, commercial office micro markets of Bandra Kurla Complex (BKC) and western suburbs will see an uptick in annual leasing. The traditional micro markets of old CBD and central Mumbai are set to receive a major facelift while the satellite market of Navi Mumbai will offer a plethora of real estate opportunities, said a report by property consultant Colliers.

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