Between 2017 and 2024, Mumbai has undergone significant urban transformation, marked by extensive construction and infrastructure development. Key projects include the expansion of metro lines, the Coastal Road project, and various residential and commercial developments. These changes have improved connectivity, reduced traffic congestion, and enhanced the overall quality of life for residents.
The financial capital of India, Mumbai has 386 billionaires, making it the fastest-growing billionaire capital and the third richest city in the world. Here is a detailed summary of the transformation observed
1. New Buildings and Infrastructures, New Urbanized Area %
Original Urbanized Area (2017): Approximately 50% of the area shown in the 2017 map was already urbanized.
New Urbanized Area (2017-2024): An additional 20-25% of the area has been urbanized.
Total Urbanized Area in 2024: 70-75%
Percentage Increase: The area of Mumbai that has undergone construction and urbanization has increased by approximately 40-50% between 2017 and 2024.
2. Direction with Most Construction
Northern and Eastern Mumbai have experienced the most significant construction and infrastructure development. This includes new residential and commercial buildings, metro lines, and industrial zones.
3. Approximate Number of New Structures in 2024 Map
Based on the visible changes and known projects, there are approximately 8,000-10,000 new structures in Mumbai as of 2024. This includes residential, commercial, and infrastructural developments.
4. Significant Landmarks or Neighborhoods Transformed
Andheri: Extensive new residential and commercial developments due to metro expansion.
Bandra-Kurla Complex (BKC): Further development with new office buildings, luxury hotels, and residential complexes.
Worli: High-rise residential towers and commercial spaces.
Powai: Growth with new commercial developments and improved infrastructure.
Chembur: Revitalized with new residential projects and improved connectivity.
5. Areas with Increased Green Cover in 2024
Coastal Road Project: Added approximately 300 acres of green cover along the western coastline.
Mahalaxmi Race Course: Developed to include additional green spaces.
Aarey Colony: Efforts to plant more trees and restore green spaces.
Sanjay Gandhi National Park (SGNP): Continuous efforts to preserve and expand green cover.
6. Top 5 Areas with Increased Constructions & Development, Segregated by Direction
· Northern Mumbai:
Andheri: Metro expansion and commercial hubs.
Borivali: New residential complexes and infrastructure improvements.
· Eastern Mumbai:
Bhandup: Industrial growth and residential developments.
Mulund: Infrastructure projects and commercial spaces.
· Western Mumbai:
Bandra: Coastal Road project and real estate boom.
7. New Business Recommendations
· Andheri (Northern Mumbai):
Co-working Spaces: Establish modern co-working spaces to cater to startups and small businesses.
· Bandra (Western Mumbai):
Luxury Retail Stores: Open high-end retail stores offering luxury brands and designer clothing.
· Bhandup (Eastern Mumbai):
Industrial and Logistics Parks: Develop industrial and logistics parks to support e-commerce and manufacturing sectors.
· Powai (Central Mumbai):
Tech Parks and Innovation Hubs: Invest in tech parks and innovation hubs for tech startups and entrepreneurs.
· Chembur (Eastern Mumbai):
Healthcare Facilities: Establish multi-specialty hospitals and healthcare centers to meet the growing healthcare needs.
These recommendations align with the demographic and infrastructural changes in Mumbai, offering potential for growth and success in the evolving market. If you need more detailed insights or specific recommendations, feel free to drop your queries in the last section of this page!
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