• Mumbai, the commercial capital of India, accounts for around 10% of Maharashtra’s population and almost 20% of its economic output.*
  • Although the city is a vibrant international metropolis, Mumbai’s infrastructure has not kept pace with its economic growth, thereby affecting the quality of life of its citizens.
  • As a result, a physical infrastructure upgrade has become a top priority; the MMRDA** has allocated more than 80% of its INR 121 billion budget for 2018-19 to infrastructure development.
  • The report highlights the key upcoming infrastructure projects and the expected impact these projects will have on various real estate segments in the catchments surrounding these projects.

*Oxford Economics

** Mumbai Metropolitan Region Development Authority