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Real Estate Forum on Mumbai Infrastructure

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hi, lot's of infrastructure projects in Mumbai stuck in red tape and delayed due to lack of environment clearances.

Latest Answer: Hey Kishore and Shaina, Don't forget that the authority has also approved the development of Kalyan Growth Centre and the estimated expenditure of Rs 1089 crore for the same. This growth centre will be well connected by road and rail routes and will create job opportunities outside Mumbai and contribute to balanced development of the metropolitan region what with the MMRDA taking up infrastructural development sooner than later.
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Q: Hi, 2014 has been a jackpot year for Mumbai. The launch of Mumbai's first Metro service last week was the latest in a series of at least five showcase projects that have come up in quick succession.
Latest Answer: Hi........Diwakar, The others include the country's first monorail project, India's first double-decker flyover and the Mumbai Airport's new terminal, T2. Am i right?
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Q: With the scheduled opening of the metro link , the mumbai realty market is to see a change.Discuss!
Latest Answer: Implementation of a chain of surface transport infrastructure projects in the Mumbai including the Jogeshwari-Vikhroli Link Road, the Santacruz- Chembur Link Road, Wadala-Chembur Monorail and now the Versova-Andheri-Ghatkopar corridor would further add fuel to the already floating realty market of the city.
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Q: Hi,
Looks like 7 mega infrastructural projects are going to roll in 2014 in Mumbai?

Latest Answer: Dear Shrikant, The ongoing infrastructural projects will have a tremendous impact on the real estate sector. The prices of the properties lying on the Ghatkopar, Chembur, Andheri, Mankhurd and Versova stretch is going to double. The rate what is costing now will only multiply in coming times.
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Q: Hey, did you come across that more than 900 ready to occupy houses are lying vacant for almost a year. Very Sad!!!!!
Latest Answer: Mr Sankalp, Under the rental housing scheme, MMRDA plans to construct rental tenements to be given on a rent ranging between Rs 800 to Rs 1,500. Any individual, who has been a resident of Maharashtra for the last 15 years and has a minimum monthly income of Rs 5,000, would be able to avail a home under this scheme.
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Q: Looks like the financial capital of India is going to get a huge boost by way of excellent infrastructure.

Latest Answer: Hi Sandeep, Also the Govt is going to construct a double decker flyover in the Eastern Express and Western Express Highway at a cost of Rs. 428 crores. Moreover the 5.5 kms stretch from Worli to Sevri will get underway in about 2 months time and will be completed within 4 years time frame.
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