Mumbai Coastal Road North: How will it impact real estate markets along the western corridor
India, June 15 -- Maharashtra Chief Minister Devendra Fadnavis has said the Mumbai Coastal Road North project will decongest the Western Express Highway, which carries around 60% of the city's traffic, and confirmed that the Bandra-Versova stretch is expected to be completed by March 2028.
Real estate experts said the project is likely to impact property markets along Mumbai's western corridor. Once the Versova-Bhayandar stretch is completed, it will create seamless connectivity from Nariman Point in South Mumbai to Bhayandar in the Mumbai Metropolitan Region (MMR), significantly reducing travel time and improving accessibility across key residential and commercial micro-markets.
Following an inspection on June 14, Fadnavis said that on...
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