Mumbai: The real estate market of the Chembur and Wadala has seen an utmost growth since the announcement of the Mono Rail in 2008. Residential property prices in these locations have doubled since the year 2008 after the Mono rail project announcement. Housing units which were selling at about 1 crore in the early 2009 hav now reached the amount of 2 crore for each apartment.The projected Mono Rail project will improve the connectivity to East, South East and West Mumbai. Infrastructure development has always worked in the real estate market of the Mumbai, especially in the western parts of the city where maximum infrastructure developments were observed. The Mono Rail development and Eastern Freeway both will be a catalyst in the growth of the Chembur and Wadala.The areas like Wadala, Sewri are also touching the levels of the Dadar in terms of property prices. The Mono Rail project will also impact the real estate prices in localities like Kurla and Ghatkopar. The Mono Rail development in the East Mumbai will create great future incentives in Chembur and Wadala regions and it adjacent localities.Various developers and builders have claimed that the Chembur and Wadala regions have witnessed higher property demands along with great price appreciations.The Mono Rail project has been in the planning stage and the first phase of the Mono Rail will cover the 8.80 Km stretch connecting Wadala and Chembur. The schedule of the project states that it will be launched on 15 September 2013.The Mono Rail project will help about 2 lakh commuters to travel through it every day by connecting major suburban railway stations at Wadala, Curry Road, and Chembur.займ на карту без отказов круглосуточновзять кредит онлайн