Mumbai has been developing at the most rapid pace. Developments have been terrific due to the Government’s initiatives and bodies like the MMRDA which are responsible for a lot of development that goes around the city.

1. Upcoming Commercial Projects by Rajesh LifeSpaces
Mumbai has been developing at the most rapid pace. Developments have been
terrific due to the Government’s initiatives and bodies like the MMRDA which are
responsible for a lot of development that goes around the city. In fact the Metro
Rail is one such initiative that is one of the most ambitious upcoming projects in
Mumbai. Suburban rail traffic increased by 6 times while the capacity increased
by only 2.3 times. MRVC has added 18% further capacity. Still there is total
mismatch in demand & supply. Over 4000 passenger’s travel per train against the
carrying capacity of 1750 resulting in unbearable overcrowding. This points out
the fact that it is very important that such upcoming projects and planned and
executed on time. Similarly the monorail and Panvel airport are other upcoming
projects in Mumbai that might have a direct bearing on the upcoming commercial
projects in Mumbai and other residential projects. A lot of real estate players
have planned big assignments in the future
For instance, Tata Housing will invest about Rs 1,500 crore to develop two new
residential projects in Mumbai and Kolkata and has started selling apartments
through its online 'National Home Buying Week'. The company will develop about
700 units in opulent housing project at Mumbai at an investment of about Rs 600
crore. Apart from Tata, Realty firm Puravankara Projects expects revenue of about
Rs 400 crore from a new housing project in Mumbai suburb to be jointly
developed with land owner. The company has entered into a joint development
agreement to develop a 2-acre land parcel owned by Maharashtra Steel Rolling
Mills in Bhandup suburb of Mumbai. Promoters had developed about 12 projects
in Mumbai under different brand before the incorporation of Puravankara
Project.
Prabhat Ranjan, co-founder of Brick Eagle, a financial services platform for the
affordable housing industry, has ventured into real estate development with a
new venture, Olympeo Infrastructure. The company has announced the launch of
its first project, Olympeo Riverside, an integrated township spread across 25 acres
on the banks of Ulhas River, in the Neral-Karjat belt, an extended Mumbai suburb.
Olympeo Riverside is expected to generate revenues of over Rs 300 crore

2. Rajesh LifeSpaces is one such real estate giant that has done tremendous good
work in both residential and commercial spaces. The customer centric approach
and high regard for quality living and workspaces makes Rajesh LifeSpaces a great
choice for buyers who trust this name. Taking about upcoming commercial
projects in Mumbai, Raj Embassy is one such that is all set to take commercial
projects in Bhandup to an all new level and raise the benchmark in Bhandup for a
great workspace. It is a well planned project with robust infrastructure with easy
connectivity to other significant parts of Mumbai