Atal Setu Bridge: Mumbai Overview

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Mumbai's real estate market will benefit from the Atal Setu bridge

The Atal Setu is going to be a lifesaver, cutting down the two-hour journey time between Mumbai and Navi Mumbai to just twenty minutes. Property values in both cities are anticipated to increase following the bridge's opening as they are already rising.

Mumbai, equipped with the Metro and expressways, is ready to devour its gridlock.

The much-anticipated Mumbai Trans Harbour Link was officially opened by Prime Minister Narendra Modi on Friday. A six-lane motorway connects Chirle, near Nhava Sheva in Uran taluka, Raigad district, with Sewri, Mumbai, covering a distance of 21.8 kilometers.

Claimed to be the longest sea bridge in India, it will transform Mumbai and Navi Mumbai real estate by providing unmatched connectivity between these two significant centers.

The Atal Setu, named for the former prime minister Atal Bihari Vajpayee, is a sea bridge that will come in handy as it will shorten the two-hour travel time between Mumbai and Navi Mumbai to just 20 minutes.

The real estate market in the financial capital is flourishing because of the new bridge. Property values, which are already rising, are predicted to rise even further after the bridge is opened.

Revolution in the real estate industry

Because the MTHL bridge increases connectivity and accessibility, experts have dubbed it a "game changer."

They claim that Ulwe and Panvel, two significant economic hubs close to the bridge, will see "explosive growth."

"The Mumbai Trans Harbour Link is revolutionary! Areas like Panel and Ulwe will see rapid growth as travel times between Mumbai and Navi Mumbai are reduced to only 20 minutes. Professionals looking for reasonably priced luxury near major business centers are expected to drive up demand for real estate, according to Manju Yagnik, senior vice-president of NAREDCO-Maharashtra and vice chairperson of Nahar Group, who spoke with Livemint.

Important infrastructure, like as the Metro, of which 46 kilometers are now in use, 337 kilometers are under construction, and a further 50 kilometers are planned, will be enhanced by the new bridge.

The Mumbai address has changed since a lot of work has started in the MMR (Mumbai Metropolitan Region), according to Gautam Thacker, Chairman of NAREDCO Neral-Karjat unit, who spoke with Indian Express. A large number of purchasers are expressing interest in homes in MMR. Undeveloped areas will see tremendous expansion due to the MTHL and Navi Mumbai Airport projects, which are imminent. It goes without saying that connection promotes real estate development. Real estate prices are rising in micromarkets like Ulwe, Panvel, and Kharghar, among others, and they will continue to do so.

Mumbai and Navi Mumbai connectivity

• The Eastern Freeway will connect to MTHL at Sewri, where it will be connected from the Mumbai side, together with the Worli Sewri connector, which is now under development.
• Navi Mumbai's Shivaji Nagar Interchange: Connectivity to the Navi Mumbai International Airport and JNPT Ramps at SH-54 close to Jasai will be made possible by the Sivaji Nagar junction with CIDCO's proposed Coastal Road: Accessibility to the Uran State Highway (SH-54) in Panvel
• Junction at National Highway 4B close to Jasai: Panvel, Uran, and JNPT will be connected by this junction.

Traffic, average travel duration, cost, and fuel efficiency forecasts

• After it opens, 39,300 cars per day are anticipated to utilize the MTHL between the Shivaji Nagar and Sewri interchange, and 9,800 between Shivaji Nagar and Chirle interchange.
• The bridge would shorten the trip from South Mumbai to Chirle by about 30 kilometers, and since it will only take 16 minutes to cross, it will save at least an hour of travel time. The bridge is expected to last 100 years and support 70,000 vehicles every day.

Atal Setu was constructed with monsoon winds and passenger safety in mind.

During the monsoon, the MTHL will feature lighting poles that are specifically made to endure strong winds and fitted with a lightning protection system to prevent any possible lightning-related damage.

In the interim, crash barriers with an overall height of 1,550 mm that are constructed, tested, and compliant with international standards will guarantee the safety of travelers. The barriers are composed of two materials: a 900 mm stretch of concrete and 650 mm of metal rail. It is compliant with the typical testing and certification process for road restraint systems, International Standard EN 1317.

The most problematic aspect of the project was the sea bridge.

The most challenging and labor-intensive aspect of the project was building the sea bridge, which was constructed at a height of 15 meters above sea level. Engineers and laborers had to excavate as far down as 47 meters in the sea floor for the marine section. The building of these portions was made more challenging by the bridge's proximity to sensitive establishments like ONGC, JNPT, and BARC. Engineers had to take extra precautions to ensure that they did not harm any underwater equipment, like as communication cables or pipelines.

Out of the project's almost 5,000 workers, seven perished.

According to MMRDA records, since work started in the middle of 2018, 5,403 workers and engineers have worked daily on average to complete the project. Seven laborers perished during the project's construction. The majority of the laborers employed were from states like Maharashtra, Bihar, Odisha, Uttar Pradesh, and Punjab. Nearly all of these deadly incidents happened while the workers were working on the project's initial package, which involved building the Sewri Interchange and a 10.380 km-long bridge portion across Mumbai Bay.

According to a Times of India report, Navi Mumbai's lifestyle, efficient commute, and recently improved connectivity would pique the interest of homebuyers. It also has lower real estate rates. According to Bhavesh Shah, joint managing director of Today Global Developers, who talked with the daily, there are still affordable property alternatives in Navi Mumbai for between Rs 30 lakh and Rs 40 lakh.

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