Infrastructural projects always had an impact on the growth of any region, especially transportation infrastructure. Infrastructure development plays an important role in betterment of economic condition as well as improves the quality of life. Major transportation projects have drastically transformed the real estate scenario of metropolitan cities. Mumbai Metropolitan Region (MMR) is going to witness a major infrastructural boost that will make life easy of the citizens with smooth commutation.The upcoming infrastructure development in Mumbai Metropolitan Region will increase the demand for commercial and residential properties as well as property prices would get escalated due to the amplified accessibility. This will in turn have a positive impact on the real estate sector. Mumbai is one of the most populated cities not only in India but world. Due to colossal career opportunities, most of the people migrate to this city. Thus to meet the ever-increasing population and fast-pace lifestyle, smooth transportation is quite vital.Let us see the promising infrastructure projects that will transform the face of MMR:Versova-Andheri-Ghatkopar Metro rail:Versova-Andheri-Ghatkopar Metro rail whose Phase I is already completed has improved the connectivity between east and west part of the city. The 11 km operational stretch of Phase I by Mumbai Metro Rail Corporation’s (MMRC) has well- connected Versova which is located in Western suburbs to Ghatkopar, located in Eastern suburbs. The rail network passes via prime residential and commercial hub of Mumbai. The connectivity has drastically reduced the travel time by almost 75 per cent. The metro rail has also reduced a lot of traffic. Locations like Andheri East, Ghatkopar and Vikhroli has once again come up as residential and commercial hotspot.Phase II and Phase III are expected to get developed by 2021. These metro networks will connect Charkop in North to Mankhurd located in East and Colaba in South to North Central Mumbai’s Seepz.Eastern Freeway:The signal-free transport line, Eastern Freeway is a long highway, stretching 16.8 km. The highway is specially constructed for travelling of high speed vehicles. This roadway network stretched from Fort in South Mumbai to Eastern Express Highway in Ghatkopar. Eastern Freeway has reduced travel time by almost 25 to 30 minutes.Due to this connectivity, real estate development has radically increased in the areas surrounding and neighboring the Freeway. The reduced travel time has increased the demand for commercial properties in South Mumbai. The residential prices in locations like Ghatkopar and Chembur has also increased in past two years.Santacruz Chembur Link Road:The first double-decker highway of India, Santacruz Chembur Link Road is one of the most awaited transport infrastructure projects. This project undertaken by Mumbai Urban Transport Project has provided the required east-west connectivity in Mumbai. This is 6-lane roadway of 6.5 km starting from Vakola Junction on Western Express Highway and extending till Amar Mahal Junction close to the Eastern Express Highway.The reduced traffic problems have boosted the real estate sector in locations like Chembur, Vakola, Sion and Kurla. There is an increasing demand for both residential and commercial properties.Mono rail:The 88-year long wait for new means of public transport finally came to an end last year. The 8.93 km long monorail project that connects Wadala and Chembur which started last year has improved the accessibility in Eastern and South-eastern areas of Mumbai.The Planned Monorail Phase II will enhance the connectivity with Lower Parel and budding CBD, Mumbai. This phase is expected to start operating from 2016. Residential prices in Mumbai’s Harbor region have already escalated.Sahar Elevated Access Road:The signal- free route from Western express Highway to Chhatrapati Shivaji International Airport (CSIA) of 2.2 km has significantly reduced the travel time from 40 to 45 minutes to just 4 to 5 minutes. Sahar Elevated Access Road has also solved the major traffic jamming on Western Express Highway and particularly Andheri-Kurla junction.Mumbai is one the most rapidly developing cities in India, hence infrastructure projects like above has a great potential to transform the realty in metropolitans.займ на карту без отказов круглосуточновзять кредит онлайн