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How do new interconnected roads impact Mumbai's real estate projects in multiple ways?

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Updated on: 20 February,2024 11:27 AM IST  |  Mumbai
Ronak Mastakar | ronak.mastakar@mid-day.com

Mumbai's real estate has been affected by new road initiatives despite ongoing challenges of congestion and inadequate infrastructure.

How do new interconnected roads impact Mumbai's real estate projects in multiple ways?

File photo for representation

Key Highlights

  1. Mumbai grapples with perennial challenges of congestion & inadequate infrastructure
  2. City`s real estate has been affected by new road initiatives enhancing interconnection
  3. Consequently, areas earlier seen as peripheral witness a surge in demand for real estate

Mumbai, India's financial capital, grapples with perennial challenges of congestion and inadequate infrastructure, especially concerning its road network. However, recent initiatives to enhance interconnecting roads have sparked a ripple effect across the city's real estate landscape, ushering in a multi-layered impact that extends far beyond mere transportation.

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