MUMBAI
- 1084 Newly Launched Projects
- 5451 Ready to Move Projects
- 2845 Ongoing Projects
Mumbai also called as Bombay is the capital city of Maharashtra, a state in India. Now, real estate is one of the best options to invest in this city because it vouchsafes high dividends and regular income. Mumbai is called as the financial capital of India. It lures thousands of people daily for employment. In this way people need housing and rates increase considerably. There are areas where growth is tremendous such as Kharghar, Chembur, Mulund, Dahisar, Thane, Panvel, Virar, Mira- Bhayander road, Palava, and Ulva. Mumbai is gradually developing in IT sector also. The IT companies found here are as Tigri innovations, Intellika Technologies, Lanos technologies, Advance business solution. Some of the government organizations in Mumbai are like Maharashtra petrochemicals, Rail India technical & Econ; Commander works engineers. All these companies have contributed towards the development of Mumbai and have generated large-scale employment. People get attracted to Mumbai for jobs and business. Borivali - Thane tunnel is 11 km long project that connects two suburbs of Mumbai which is of now separated by forest –Sanjay Gandhi National Park will ease commuting woes. Its exit and entry points are at Tikuji-ni-wadi at Thane and Ekta Nagar in Borivali. It is planned that there will be two tunnels of three lanes and each of them running parallel to each other at a distance of fifty (50) m. This project will take three years with an estimate of Rs1500 crores which was revised to Rs 3000 crores recently. Environmental nod is important. Bhiwandi-Kalyan-Shil Phata Highway -The estimate of this project is around Rs 2600 crore. This road is one of the main links that connect the Mumbai- Pune highway- NH4 at Shil Phata and Mumbai –Nasik Highway- NH3 at Bhiwandi. This will also give continuity to Mumbai- Ahmadabad Highway-NH8-t. Mumbai - Nagpur communication Super Expressway project is planned to be executed on Public - Private Partnership. By studying existing alignment of roads, a separate Expressway will be there between Mumbai and Nagpur. Old bridges and roads will be reconstructed. The total cost of the project is estimated Rs 40000 crore but could be revised in the coming months. The project will have a total of eight lanes with service roads. It is said that the project will cut down the time of traveling between the two cities to a great extent. Tata Housing Development Company is a leading real estate developer. Hiranandani developer’s Pvt. Ltd has an experience of thirty-nine years. Godrej properties ltd are in the field with the experience of twenty-seven years. Other construction companies include K. Raheja Corporation and Kalpataru Ltd. etc. Mumbai has a population of 22 million people.