The Mumbai real estate market in 2023 has survived global economic storms and reached unprecedented heights, signifying a turning point. A strong economy, growing disposable incomes, a tendency towards bigger living spaces have laid the groundwork for Mumbai real estate in 2024.

Mumbai—the city of dreams—is about to revolutionise transit. Mumbai transport will alter substantially due to various major infrastructural initiatives. These high-tech city developments and high-speed rail lines establish new standards for urban life as well as connectivity.

Palava City, a smart township developed by Lodha, a prominent real estate investor, is expected to generate considerable income. The roughly 5,000-acre Palava City in Mumbai is estimated to earn over INR 8000 crore (USD 1 billion) yearly in the future years.

Narendra Modi opened the Mumbai Trans Harbour Link (MTHL), also known as Atal Bihari Vajpayee Sewri Nhava Sheva Atal Setu, for public commuters. This massive six-lane sea bridge, 21.8 km long and 16.5 km across the sea, shows India's infrastructure.

A myriad of infrastructural developments in MMR (Mumbai Metropolitan Region) promise to stimulate the real estate market in MMR in a big way in the days and months to come.

Thane, Palghar, and Bhiwandi will get Rs 2,700 crore in infrastructural projects from the Mumbai Metropolitan Region Development Authority (MMRDA).