India, April 7 -- Mumbai marked a key milestone in its urban transit journey as Devendra Fadnavis on April 7 inaugurated Phase 1 of Metro Line 9, connecting Dahisar East to Kashigaon and extending the network to Mira Bhayandar in Thane district and Line 2B which will run from Mandale to Chembur. The enhanced connectivity is expected to give a fillip to the financial capital's real estate markets, making these locations more attractive to both end-users and investors. Areas once considered peripheral are now emerging as new hubs for residential and commercial development, according to real estate experts.

With regular services on both the lines set to start from April 8, the financial capital of the country will have six operational Metro...