PNN

The entire 33.5 km route of the Aqua Line connects Aarey to Cuffe Parade, comprising 27 stations along its route. The recently launched first phase spans 12.5 km between Aarey and BKC, providing a major boost to the city’s transport network. Additionally, this metro line will integrate with Mumbai Metro Line 1 at Marol Naka, providing enhanced connectivity in key areas of Mumbai.

Anil Mutha, Chief Visionary and Co-Founder, Nandivardhan Group, highlighted the transformative nature of these developments, saying, “The government’s commitment to improving Mumbai’s infrastructure is commendable. The launch of Mumbai Metro Line 3 is a milestone for urban transport. This will significantly improve connectivity and help reduce congestion on vital corridors. Once Metro 3 is fully operational, it will improve accessibility for residents commuting between Dadar in south-central Mumbai and the northern suburbs, significantly benefiting daily commuters. Additionally, the operational metropolitan corridor is expected to boost the holistic development of South Mumbai’s real estate market, particularly around Dadar, by improving connectivity to key areas such as BKC, Worli and Marine Lines.

Elaborating on the benefits for SoBo residents, Vedanshu Kedia, Director, Prescon Group, said, “South Mumbai is back on the real estate map with high-impact infrastructure projects being announced and underway, such as the coastal road and the extension of the Bandra-Worli sea link. , the Sewri-Worli elevated corridor, as well as metro line 3. There will be significant benefits for residents of Mahim, Dadar, Matunga and Worli, who will benefit from improved connectivity with the rest of Mumbai and Navi Mumbai. These micro-markets have significant redevelopment potential due to their significant aging real estate stock. Once these initiatives are operational, property values ​​and volumes are expected to increase significantly. We believe that the market share of these micro markets will improve significantly in the residential and commercial real estate transaction sector in the MMR region.

Commenting on the impact on the region, Rohan Khatau, CCI Projects Director, added, “Metro 3 and 7, along with the Western Express Highway, will significantly facilitate connectivity in the Kandivali-Borivali belt. This will inevitably lead to an increase in demand for housing, as the area becomes more accessible and attractive to potential buyers looking for well-connected residential options.

Reflecting on the benefits for home buyers, Umesh Jandial, chief business officer at Omkar Realtors & Developers, said, “There is already a significant demand for housing in the western suburbs, especially in the Malad-Goregaon belt. The convergence of metro line 3 with existing lines 1 and 7 will further fuel housing demand in this region. Improved connectivity, lifestyle amenities and convenience offered by projects in the western suburbs will greatly enhance the lifestyle of homebuyers along this metropolitan corridor.

Shraddha Kedia-Agarwal, Director, Transcon Developers, highlighted the strategic importance of these developments, saying, “These infrastructure initiatives are crucial to the future of Mumbai. The focus on underground subway systems and highway extensions represents a forward-thinking approach to urban planning. Areas like Santacruz, Andheri and Malad along the Western Line will see increased demand, with improved mobility expected to boost both residential and commercial growth, making Mumbai a more competitive global city.

Himanshu Jain, VP Sales, Marketing & CRM, Satellite Developers Pvt. Ltd., highlighted the growth potential of the Malad-Goregaon region, noting, “The combined impact of Metro 3 and Metro 7 will boost residential and commercial development in the Malad-Goregaon region. For millennial buyers, the proximity of home to work is a crucial factor. Compact homes and studio apartments close to their workspace allow them to maintain a balanced lifestyle, providing more quality time with their families.

Going forward, additional infrastructure projects such as the Santacruz-Chembur Link Road (SCLR) extension and the upcoming Phase II of Metro Line 3 are expected to further improve Mumbai’s transport network. These initiatives are essential to reducing traffic congestion and meeting the needs of the city’s growing population and economic aspirations.

As Mumbai embraces these transformative changes, the impact on daily travel and the city’s global status will be profound. By 2025, the seamless integration of air, road and metropolitan networks is expected to position Mumbai as a world-class urban center, ready to meet the challenges of its growing population and vibrant economy.

(DISCLAIMER: The above press release was provided by PNN. ANI shall not be responsible for its contents in any way)

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