The economical and infrastructural developments over the years have significantly transformed some of Mumbai's major sections. Some of the prominent infrastructural developments in Mumbai are highlighted below:
With the help of Maharashtra government and Mumbai Housing board, one can witness a complete makeover of Goregaon. The high-rise buildings and luxury residential projects in Goregaon have transformed Mumbai's Skyline. An extension of the harbour line is one of the reasons of the rising demand in the Goregaon property market.
Being the hub of the entertainment industry, Andheri is one of the busiest stations. However, the recent development of metro connectivity has proven to be a sigh of relief for many office-goers in and around Andheri. Andheri has conveniently bridged the gap by providing connectivity to other major stations by Local as well as Metro. The locality has always been commercially well-developed. In addition to it, several residential projects have multiplied its value.
Matunga is the first systematically planned locality of Mumbai that graced this area further with several economic developments. The Dadar-Matunga-Wadala-Sion plan of 1899-1900 ensured residents of Matunga a better living standard. However, the concept of premium living is proving to be a stepping stone in Matunga's fast-track development plan. The prices of residences with premium lifestyle have skyrocketed in the flourishing property market of Mumbai. The real estate business has gone through a complete makeover leaving behind the conventional methods of business in Matunga.
Thane has been the favorite for those seeking a peaceful lifestyle. A large number of lakes and the sprawling lush greens makes this locality an eye-treat for locals as well as migrants. Despite its predictable lifestyle, the city is significantly changing in many ways. Along with well-maintained flyovers, and widened highways, proposed Metro connectivity, many other infrastructural developments are the factors that are contributing to Thane's popularity. Such infra development activities are encouraging real estate developers to come up with unconventional residential projects to mould Thane in its best shape.
Mulund, a cosmopolitan locality that is situated in the heart of Mumbai had a slow pace in industrialization but the winds of globalization slowly touching its skyline quickly changed the scenario. Soon old buildings and structures were replaced by magnificent skyscrapers, malls, and multiplexes. Today, one can witness incredible commercialization in almost all the corners of Mulund. The property market in Mulund is showing a constant upward trend paving the way for several new projects.