Real Estate Mumbai

GMLR & Thane-Borivali Tunnel: Property Prices May Rise 12-20%

By GeoSquare News Desk · Published 2026-10-14

The Mumbai Metropolitan Region is set to get a major infrastructure push with two key projects – the Goregaon-Mulund Link Road (GMLR) and the Thane-Borivali twin tunnel. These corridors are expected to significantly improve east-west connectivity and reduce travel time between the Western and Eastern Express Highways.

How the projects help

The GMLR will connect Goregaon on the Western Express Highway with Mulund on the Eastern Express Highway, while the Thane-Borivali twin tunnel will link Borivali with Thane. Together, they are expected to ease congestion on existing routes and make peripheral locations more accessible for daily commuters.

Property price outlook

Real estate analysts suggest that micro-markets along these corridors could see property prices rise by 12-20% over the next few years. Areas such as Goregaon, Mulund, Borivali, Thane and nearby localities are likely to attract homebuyers and investors looking for better connectivity and future growth potential.

The improved road network is also expected to boost demand for residential and commercial projects in the western suburbs and Thane region. With faster commute options, these locations may emerge as preferred choices for end-users and investors alike.

While the projects are still in various stages of implementation, the market sentiment around them remains positive. Property buyers should track the progress of these infrastructure works and evaluate opportunities in the surrounding micro-markets.