Mumbai, one of India’s most beautiful cities; besides being known as India’s financial capital, it is also famous for its culture, vibe, entertainment and is one of India’s busiest cities. A decade back, Mumbai was not the way it is now. It will not be the same either, as these infrastructure projects in Mumbai will redefine the state.
1. Mumbai Trans Harbour Link
Mumbai Trans Harbour Link, or the Sewri-Nhava Sheva project, is a 21. 8 km freeway bridge that will connect Sewri and Nhava Sheva. The bridge will begin at Sewri and will terminate at Chile village, next to Nhava Sheva. This harbor link will reduce the time taken to travel from Churchgate to Navi Mumbai from 40 minutes to 20 minutes. This six-lane bridge (in addition to two exit lanes) will be the longest sea bridge in India, and the MMRDA estimates that at least around 70000 vehicles will utilize this bridge upon its completion. This project will help decongest and enable a smooth flow for Mumbai’s traffic to Navi Mumbai and help connect Navi Mumbai with the Konkan region.
2. Navi Mumbai International Airport
The Navi Mumbai International Airport (NMIA) is a project that is still under construction and is under the process of building phase one. This airport, constructed at Ulwe Kopar – Panvel in Maharashtra, is estimated to handle 20 million passengers in a year after phase one and 90 million passengers after the entire project’s completion. The Sewri-Nhava Sheva bridge on completion will connect the south and the central Mumbai to the airport, making it feasible to reach the airport within 30 minutes. The NMIA will be the second international airport in Mumbai, making Mumbai the premier metropolis in India to have more than one airport. This project, after construction, is expected to create more than 4 lakh direct and indirect jobs.
Mumbai Underground Metro
Another major infrastructure project that is coming up in Mumbai is the Colaba – Bandra Speez line. This ongoing underground metro project done by the Mumbai Metro Railway Corporation (MMRCL) is currently undergoing its third phase. The underground tunnel will be 33.5 km long and will be the first underground metro in Mumbai. This project aims to help reduce the traffic congestion in Mumbai, especially between Bandra and Churchgate, enabling convenient transit. This metro line will connect with Mumbai’s major commercial centers, such as Goregaon, BKC, Worli, Nariman point, etc. It will also help provide connectivity to the CSIA, SPEEZ, and MIDC. This project will help minimize the crowding of vehicles and people on the streets, and to a considerable extent, help reduce the time taken to travel.
These upcoming infrastructure projects in Mumbai has led to real estate demand around these areas. Taking advantage of this situation, the real estate builders have already begun planning projects in these areas. So, in case you want to buy property in Mumbai now is the right time.