Mumbai's latest infrastructure projects
MumbaiInfrastructureLiveabilitySustainable GrowthPublic TransportReal EstateReal Estate PuneMay 26, 2024

The Coastal Road project is a Rs 13 000 crore project that connects the southern tip of the island city to midtown Worli and then to suburban Bandra via the sea-link
The MTHL is India's longest 22-km sea bridge connecting Mumbai to its hinterland
The Dharavi slum project is a redevelopment project awarded to the Adani Group aiming to transform the 640-acre slum sprawl into a high-rise commercial and residential hub
Critics argue that the infrastructure boom is benefiting only the wealthy neglecting the needs of the average Mumbaikar and leading to increased living densities shrinking open spaces and deteriorating public transport
Sustainable growth is crucial to ensure that Mumbai's development is environmentally friendly socially equitable and economically viable in the long run

Private equity investments in Indian real estate surged 15% YoY to USD 3 billion in H1 2024, driven by growth in warehousing and residential sectors.

In a move to simplify tax calculations, the government has introduced an option for taxpayers to compute capital gains tax on real estate transactions. This change is expected to benefit property sellers and reduce disputes over tax liabilities.

Mid-tier cities like Faridabad, Lucknow, Vrindavan, Ludhiana, Chandigarh, Indore, Dehradun, and Jaipur are becoming hotspots in the real estate market, offering a low-cost, peaceful life and high returns on investment.

MahaRERA appoints NAREDCO Maharashtra as the first self-regulatory organization. The Maharashtra Real Estate Regulatory Authority makes a significant step towards ensuring transparency and accountability in the real estate sector.

Real estate mogul and entrepreneur Barbara Corcoran will take center stage at the premier supply chain conference of the year in Ottawa, Ontario, Canada.

Coimbatore leads the growth with a 36% increase in sales volume, while Visakhapatnam's real estate market experiences a 21% downturn.