From The Economic Times · Kailash Babar · · 50s
Mumbai Infrastructure Shifts Housing Prices
Mumbai's new roads and metro boost property prices across suburbs.
In brief
Mumbai's new roads and metro boost property prices across suburbs. Mumbai's infrastructure projects like the Goregaon-Mulund Link Road and Metro Line 7 are raising property prices by 10-12% in key areas such as Chembur and LBS Marg. Originally reported by The Economic Times.
Mumbai's infrastructure expansion
Mumbai's infrastructure projects are reshaping housing demand nationwide.
Key projects driving change
Mumbai Trans Harbour Link and Navi Mumbai Airport improve connectivity.
Chembur's price rise
Chembur property prices hit 47,000-52,000 per sq ft due to better links.
LBS Marg transformation
LBS Marg prices reach 28,000 per sq ft with new east-west links.
Metro Line 7 impact
Metro Line 7 connects Andheri East to Dahisar East, boosting Borivali prices.
What happens next
New tunnels and roads will further increase property prices in western suburbs.
The takeaway
Mumbai's infrastructure projects like the Goregaon-Mulund Link Road and Metro Line 7 are raising property prices by 10-12% in key areas such as Chembur and LBS Marg.
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