Major Infrastructure Projects in Mumbai
- Mumbai Trans-Harbour Link (MTHL): This sea bridge is enabling travel between Sewri in Central Mumbai and Nhava Sheva in Navi Mumbai, significantly minimizing the travel time between these locations. The MTHL has enhanced accessibility and connectivity, thus making Navi Mumbai and nearby regions more desirable for commercial property in Mumbai and surging the demand for apartments for sale in Mumbai.
- Goregaon-Mulund Link Road (GMLR): The GMLR is a 12.2 km project designed to connect Mumbai’s eastern and western suburbs, specifically linking Goregaon in the west to Mulund in the east. A key feature of this project is the construction of twin tunnels, each approximately 4.7 km long, running beneath the Sanjay Gandhi National Park at depths ranging from 20 to 160 meters. These tunnels aim to significantly reduce travel time between the suburbs, cutting it from over an hour to approximately 15 minutes. For residents of The Prestige City, this development will provide a more direct and efficient route to the western suburbs, enhancing daily commutes and accessibility to various parts of Mumbai.
- Thane-Borivali Tunnel Road: The Thane-Borivali Tunnel Road is a transformative infrastructure project that aims to drastically cut down travel time between Thane and Borivali by bypassing the congested Ghodbunder Road. This ambitious project features a twin tunnel spanning approximately 11 km beneath the Sanjay Gandhi National Park, reducing the current travel duration of over an hour to just 15-20 minutes. For residents of The Prestige City and other developments in Mulund and Thane, this project will be a game-changer, offering seamless access to the western suburbs. Enhanced connectivity will not only improve daily commutes but also elevate the real estate value in these regions, making them highly desirable for homebuyers and investors seeking well-connected, nature-adjacent urban living.
- Coastal Road Project: This ambitious project was planned to decongest the Western Express Highway and provide a seamless drive along Mumbai’s western coast, enhancing connectivity between South Mumbai and the suburbs. The Phase 1 connecting South Mumbai and Bandra is completed and operational. The scenic views along the coastal road, coupled with the reduced travel time are likely to shoot up property value in neighbouring areas.
- Metro Line Expansions: With several new lines under construction, the metro network in Mumbai is undergoing major expansion. These lines will connect to various parts of the city, so when operational they are bound to make the commute significantly more efficient. This in turn is likely to impact the real estate in Mumbai substantially increasing the demand for flats for sale in Mumbai, especially the areas with metro connectivity due to enhanced accessibility.
- Navi Mumbai International Airport: The new international airport slated to come to Navi Mumbai is bound to be a game-changer for the region. It’s expected to boost the local economy while inspiring builders in Mumbai to come up with an array of projects from commercial to luxury apartments in Mumbai.
Prestige Group’s Ongoing Projects in Mumbai
Forest Hills @ The Prestige City
Set at the foothills of Yogi Hills within the Sanjay Gandhi National Park, Forest Hills @ The Prestige City offers a tranquil living environment. Part of the biggest hillside living experience, this project combines luxury with nature, providing residents with a serene retreat in the city.
The expansion of the Metro Line and upcoming GMLR will improve connectivity to Forest Hills, making it easier for residents to access other parts of Mumbai. The proximity to nature, combined with enhanced urban connectivity, positions Forest Hills, one of the most popular luxury properties in Mumbai, as a desirable location for nature lovers and city dwellers alike.
Siesta @ The Prestige City
Siesta @ The Prestige City is designed for those who value space, community and scenic beauty. Enveloped inside The Prestige City, Mulund-Central Mumbai’s biggest integrated hillside living experience, Siesta features wrap-around decks of up to 450 sq.ft. with each residence overlooking views of the city and offering an ideal spot for socializing and family time. One of the most premium developments, Siesta is nearing possession soon, creating a benchmark for luxury living in Mumbai.
Bellanza @ The Prestige City
In the heart of the bustling city of Mumbai, nestled amidst the natural beauty of Yogi Hills, Bellanza @ The Prestige City offers an opportunity to embrace a tranquil life. This residential project features expansive 2 & 3 BHK homes with private sundecks that open up to breathtaking views of the hills and the cityscape. It is a 54-storeyed façade with a 1.8-acre E-Deck and a 3.5-acre of space for world-class amenities, like manicured open green spaces and the five-level clubhouse. This and much more, makes Bellanza a perfect combination of the modern world and nature.
Being substantially close to the upcoming Metro Line and GMLR, enhances its appeal. Improved connectivity will be key to reducing travel time to prominent areas, making Bellanza a sought-after option for homebuyers seeking serenity without compromising convenience.
Prestige Jasdan Classic
One of the most coveted new housing projects in South Mumbai, Prestige Jasdan Classic presents a haven of luxury with its two towers in a gated community. The project, now nearing possession, features spacious residences with panoramic views of the city, an exclusive clubhouse, an infinity pool, and a Miyawaki forest.
The ongoing metro extensions, including Metro Line, are likely to significantly benefit Jasdan Classic residents, enabling seamless connectivity to major business districts and entertainment destinations. This enhanced accessibility is expected to drive up demand for luxury residences like Jasdan Classic.
Prestige Ocean Towers
Prestige Ocean Towers in Marine Lines is one of the new launch projects in Mumbai that redefines premium living with its exclusive 4BHK Villaments that offer uninterrupted views of the Arabian Sea. The multi-level podium with an infinity pool and a clubhouse adds to the allure of this prestigious address.
Additionally, the appeal of Ocean Towers is set to be further elevated by the coastal road, as it would be reducing travel time to other parts of Mumbai. And as a bonus, you can enjoy the scenic drive along the coast, making Ocean Towers a coveted property for discerning buyers.
Prestige Daffodils
Prestige Daffodils, located at the prestigious Pali Hill in Bandra, is a 15-storey boutique luxury development. This limited-edition project is designed for a select few, offering an exclusive lifestyle in one of Mumbai’s most celebrated addresses.
The infrastructure upgrades in Bandra, including improved road networks and the upcoming Metro Line, will enhance accessibility to Daffodils. The project’s strategic location and the prestige of Pali Hill make it a prime choice for luxury living.
The Future of Mumbai’s Real Estate
The ongoing and upcoming infrastructure projects in Mumbai are set to redefine the city’s real estate landscape. Improved connectivity, reduced travel times, and enhanced urban infrastructure will increase the desirability of residential and commercial properties. Prestige Group’s projects, strategically located across Mumbai, are well-positioned to capitalize on these developments.
As Mumbai continues to grow and modernize, the real estate market will see increased demand for well-connected, luxury living spaces. The synergy between infrastructure improvements and premium real estate projects like those by Prestige Group will drive Mumbai’s real estate market to new heights, offering lucrative opportunities for investors and homebuyers alike.
In conclusion, Mumbai’s upcoming infrastructure projects are a catalyst for the city’s real estate boom. With strategic locations and luxurious offerings, Prestige Group’s projects are set to benefit immensely, making them an excellent choice for those seeking to invest in Mumbai’s bright future.
