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By LODHA
September 15, 2024The Airoli-Katai Naka Freeway is not just an infrastructural marvel but a transformative project for the Navi Mumbai - Palava - Kalyan region. This ~12 km elevated road, which began construction in 2017, is being developed in three phases and is expected to bring numerous benefits to both commuters and real estate in nearby regions like Palava.
With Phase 1 and Phase 2 nearing completion by December 2024, the entire Airoli-Katai Tunnel Road project is expected to drastically improve travel times, reduce congestion, and open up new growth avenues for housing and commercial real estate. Once fully operational, the freeway will shorten the distance between Navi Mumbai and Kalyan-Dombivli by 7 km, reducing travel time to 30 minutes.
Airoli-Katai Naka Freeway Breakdown:
Once completed, this Airoli to Shilphata tunnel project will offer faster access to central locations like Palava, Mulund, and Kalyan, helping commuters bypass heavy traffic zones.
These developments have generated considerable interest among homebuyers and investors alike, with increased focus on areas like Palava and Kalyan Shil Road , which are set to benefit directly from this crucial infrastructural development and the improved connectivity that comes with it.
Benefits to the Real Estate Landscape
The completion of the Airoli-Katai Naka Freeway Phase 3 will have a profound impact on the real estate market across Navi Mumbai and surrounding regions. Here’s how: