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mmr: Infrastructure upgrade to fuel realty in MMR - Office, data centers & residential hold upside potential

Infrastructure projects and improved connectivity in Mumbai are expected to boost leasing in commercial office markets. The completion of major projects such as the Mumbai Metro and Navi Mumbai International Airport will reduce congestion and stimulate economic growth. The introduction of metro lines is anticipated to increase leasing in the Bandra Kurla Complex (BKC) area by 1.5 times from 2025 onwards. Additionally, the Western Suburbs and Central Mumbai are expected to see healthy uptake in office space. Navi Mumbai is also set to benefit from infrastructure development, with increased leasing activity and investments in data centers.

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