+
Mumbai Coastal Road Boosts Property Values
ROADS & HIGHWAYS

Mumbai Coastal Road Boosts Property Values

The Mumbai Coastal Road project, a massive urban infrastructure initiative, has not only aimed to ease traffic congestion but has also become a catalyst for a surge in property prices, particularly in the Western suburbs. This ambitious project, aimed at connecting South Mumbai to the Western suburbs via a coastal route, has sparked renewed interest among real estate investors and homebuyers alike.

The Western suburbs of Mumbai, long considered prime residential areas, have experienced a notable uptick in property values since the announcement and subsequent progress of the Coastal Road project. As connectivity and accessibility improve due to the development of this crucial infrastructure, demand for properties in these areas has soared.

Investors and developers are capitalizing on the anticipated benefits of the Coastal Road by launching new projects and enhancing existing ones. The prospect of reduced travel times and improved connectivity to key business districts and recreational areas along the coastline has made properties in the Western suburbs even more attractive to buyers.

The rise in property prices is particularly evident in areas directly benefiting from the Coastal Road's proximity, with coastal views and enhanced accessibility driving up demand and value. Neighbourhoods such as Bandra, Juhu, and Versova have witnessed a surge in real estate activity, with both residential and commercial properties seeing an increase in prices.

Furthermore, the Coastal Road project is not only expected to enhance connectivity but also to transform the overall urban landscape of Mumbai's Western suburbs. With improved infrastructure and amenities, these areas are poised to become even more desirable for residents and investors alike.

In conclusion, the Mumbai Coastal Road project has not only addressed the city's infrastructural needs but has also become a driving force behind the appreciation of property prices in the Western suburbs. As development progresses, the real estate market in these areas is likely to continue thriving, making it an opportune time for investors and homebuyers to explore the potential of this burgeoning market.

The Mumbai Coastal Road project, a massive urban infrastructure initiative, has not only aimed to ease traffic congestion but has also become a catalyst for a surge in property prices, particularly in the Western suburbs. This ambitious project, aimed at connecting South Mumbai to the Western suburbs via a coastal route, has sparked renewed interest among real estate investors and homebuyers alike. The Western suburbs of Mumbai, long considered prime residential areas, have experienced a notable uptick in property values since the announcement and subsequent progress of the Coastal Road project. As connectivity and accessibility improve due to the development of this crucial infrastructure, demand for properties in these areas has soared. Investors and developers are capitalizing on the anticipated benefits of the Coastal Road by launching new projects and enhancing existing ones. The prospect of reduced travel times and improved connectivity to key business districts and recreational areas along the coastline has made properties in the Western suburbs even more attractive to buyers. The rise in property prices is particularly evident in areas directly benefiting from the Coastal Road's proximity, with coastal views and enhanced accessibility driving up demand and value. Neighbourhoods such as Bandra, Juhu, and Versova have witnessed a surge in real estate activity, with both residential and commercial properties seeing an increase in prices. Furthermore, the Coastal Road project is not only expected to enhance connectivity but also to transform the overall urban landscape of Mumbai's Western suburbs. With improved infrastructure and amenities, these areas are poised to become even more desirable for residents and investors alike. In conclusion, the Mumbai Coastal Road project has not only addressed the city's infrastructural needs but has also become a driving force behind the appreciation of property prices in the Western suburbs. As development progresses, the real estate market in these areas is likely to continue thriving, making it an opportune time for investors and homebuyers to explore the potential of this burgeoning market.

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?