Top 7 Developments that will boost Navi Mumbai’s Infrastructure
Navi Mumbai, a painstakingly planned and built metropolis since the 1970s, with top 7 developments that will boost Navi Mumbai’s Infrastructure. With all the nodal locations near Pune and Mumbai, Navi Mumbai will reap huge dividends for its desirable position as the government’s major infrastructure plans begin to materialize.
International Airport of Navi Mumbai
Navi Mumbai International Airport is the most notable of these infrastructure improvements. The government estimates the first phase of this Rs. 16,000 crore mega project will be completed and executed by 2023. This will make Kharghar not only an easily accessible MMR hotspot, but also a commercial highway for existing power stations across the world such as the United States, China, Russia, Japan, and the Middle East, to mention a few.
Kharghar is a Massive Business DistrictKharghar is the most developed of the Navi Mumbai nodes. It is ideally located at a distance of about 12 km from the planned Navi Mumbai International Airport. CIDCO (The City and Industrial Development Corporation of Maharashtra Limited) intends to build a commercial area here on the lines of Mumbai’s Bandra Kurla Complex. Apart from hosting major enterprises, this township will house an estimated 1 lakh people and will provide a place where people can stroll to work. It will be full of educational institutions, entertainment, and health care options to provide a more luxurious lifestyle to its residents.
This business district will be connected to Thane through a 3 km tunnel that will pass through Parsik Hill. The cost of this project is expected to be Rs. 3,000 crores.
Mumbai Trans Harbour Link (MTHL)
MMRDA is building the Mumbai Trans Harbor Link (MTHL), a significant undertaking that will quickly and efficiently connect Navi Mumbai with the heart of Mumbai (Mumbai Metropolitan Region Development Authority). It will connect Sewri in south-central Mumbai with Nhava Sheva in Navi. Mumbai. The project is already progressing at an alarming pace. This MTHL will also be linked to four important highways in Mumbai by a cloverleaf interchange loop, thereby improving connectivity between Navi Mumbai and Central and South Mumbai.
Navi Mumbai’s New Metro Line
Along with the construction of sea crossings and highways, the government is committed to building an accelerated mass transport system that will benefit a large number of people at once. Consequently, the Government of Maharashtra has approved a new metro railway project of 33.15 km from Navi Mumbai International Airport to Chhatrapati Shivaji Maharaj International Airport.
Water Taxi and Water Transport Connectivity
Mumbai the Port Trust intends to start a water taxi service between Mumbai’s ‘Bhau cha Dhakka’ and Belapur and Nerul in Navi Mumbai. Furthermore, a feasibility study conducted by the Mumbai Port Trust reveals promising findings for linking the planned Navi Mumbai airport to the neighboring cities of Mumbai, Thane, Kalyan, and Vasai via underused coastline utilizing catamarans, hovercrafts, and seaplanes.
Coastal Road of Navi Mumbai
CIDCO intends to connect Kharghar in Panvel to Amra Marg by 2021 by a coastal road equipped with an intelligent traffic control system. This route will allow seamless traffic flow between the Navi Mumbai International Airport and the Mumbai Trans Harbor Link.
A Future Corporate Hub
Attractive land prices and an abundance of competent human resources act as magnets, attracting large corporations and real estate developers to Navi Mumbai. Over the past five years, the rate of office absorption has increased five-fold, and there are now 18 million square feet of office operations in Navi Mumbai. Accenture, L&T Infotech, and Capgemini are examples of both Indian and foreign enterprises.
We are a Real Estate Portal to Buy Sell and Rent properties in Navi Mumbai, Mumbai, and Thane. We help you Buy Properties at Affordable Prices at your desired location.