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Real Estate Forum on Mumbai Metro Ph-2

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Mumbai Metropolitan Region Development Authority has decided that Metro-II corridor will be elevated and not underground.

Latest Answer: Hi all, I heard that the Phase-2B corridor will pass along Linking Road to Mankhurd via Bandra-Kurla Complex. It will have an interlink facility in BKC, from where Metro-3 underground corridor (Seepz-Ban-dra-Colaba) will criss-cross. Is it true? If it happens then the property as well as rental markets in those locality will grow rapidly.
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Q: Hi, can anybody tell me which are the top areas in MMR with highest units supply?
Latest Answer: Top 5 markets for rental yield are Mira Road due to connectivity, affordability and huge land parcel. Secondly, Powai due to IT Hub, educational hub and upscale locality. In 3rd position, Andheri East due to industrial hub and strategic location. In fourth position Goregaon East because of connectivity, affordability compared to Bandra and Andheri and last is the Malad West due to its upscale locality and strategic location.
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