Mumbai’s Coastal Road Extension Sparks Realty Boom

Phase-II Completion Drives 12% Price Surge in Worli’s Luxury Market
Mumbai’s Coastal Road Phase-II is nearing completion, triggering a 12% increase in luxury property prices in Worli. The improved connectivity and infrastructure upgrades are making South Mumbai a prime investment destination.
Key Developments in Coastal Road Expansion
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Faster Commutes – Travel time between Marine Drive and Bandra will be cut to 10 minutes.
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Boost to Residential Demand – Homebuyers are securing properties near the Coastal Road.
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Commercial Growth – Businesses are expanding in South Mumbai’s premium hubs.
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Infrastructure Upgrades – Road expansions and twin tunnels under rivers and mangroves drive growth.
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Long-Term Investment Appeal – Coastal Road connectivity ensures sustained property appreciation.
Impact on Mumbai’s Real Estate Market
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Higher Property Valuations – Prices in Worli and South Mumbai have increased by 12%.
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Boost to Local Economy – More businesses and commercial hubs are emerging.
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Improved Livability – Coastal Road access enhances urban convenience and lifestyle.
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Long-Term Growth Potential – South Mumbai is evolving into a key metropolitan hub.
The completion of Mumbai’s Coastal Road Phase-II is reshaping real estate trends, making Worli and South Mumbai prime locations for investment.
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