Mumbai prepares to auction plots for its third Central Business District in Wadala, triggering property price appreciation and corporate interest in the well-connected eastern corridor poised to complement BKC and Lower Parel.

MMRDA has invited bids for a premium 2.7-acre commercial plot in Wadala with a reserve price of ₹1,629 crore, marking a strategic push to develop Mumbai's third major central business district alongside BKC and Nariman Point, with a bid deadline of January 7, 2026.

India's longest underground metro corridor has begun transforming Mumbai's commuting experience while simultaneously driving significant changes in the city's property market, urban development patterns, and environmental sustainability initiatives.

MMRDA is set to auction a 10,860 sq m prime land parcel in Wadala with a ₹1,629 crore reserve price, marking its first major land sale in the area after fifteen years. The 80-year lease offers FSI 10 for mixed-use development, signaling Mumbai's commercial expansion beyond BKC.

Mahindra Lifespaces has been appointed as the preferred developer for redeveloping four residential societies in Malad West, Mumbai, on a 1.65-acre land parcel with an estimated development potential of ₹800 crore, strengthening the company's urban rejuvenation strategy in the western suburbs

Mumbai's first fully underground Metro line, the 33.5-km Aqua Line (Metro 3), opened with record-breaking ridership of over 1.56 lakh passengers on day one, offering dramatic time and cost savings while connecting key business districts from Aarey to Cuffe Parade.

Mumbai Metro Line 3's underground corridor from Aarey to Colaba is set to trigger 10-15% property price appreciation in Bandra, Khar, and South Mumbai within 12-18 months of full operations, making it the perfect time for real estate investment.

Mumbai's underground Metro Line 3 is transforming property values across the city. From Cuffe Parade to Andheri, discover how this ₹32,000 crore infrastructure project is creating new investment opportunities and reshaping real estate prices along the 33.5-kilometer corridor.

From tunnels under rivers to links across suburbs, the new BKC-Worli metro line is set to redefine Mumbai's daily commute.

A strategic bond sale by MMRDA to fund INR 50,000 crore will accelerate Mumbai's infrastructure development. MMRDA hopes to overcome its financial issues and forward critical projects that would boost connectivity and growth with state government support and a strong financial plan.

This is great news for Malad West real estate, inhabitants, and Mumbai suburbs. The Mumbai Metropolitan Region Development Authority (MMRDA) is the special planning authority for 1,387 hectares (3,427 acres) along Malad's western shore, reports said.