Why you should house hunt in the rain
House hunting can be difficult. But choosing a location is even more confusing. The neighborhood that appeals will always be a matter of personal choice. Some would prefer a locality where schools and colleges are in close proximity, whereas others would like to settle somewhere quiet and away from the buzzing city. It all depends on the individual preference. But everyone wants a location that will have a greater return and better market value in the coming years.
To help you further in making an appt decision about home buying, we have listed out the 8 best locations that are upcoming and most certainly will reap profits in the future.
Situated between Borivali and Andheri, Goregaon is the apt location for investment. Linked via Jogeshwari-Vikhroli Link Road ( JVLR ), close to Chhatrapati Shivaji Maharaj Airport, and Western Express Highway, Goregaon serves as a beacon for easy connectivity to the whole city. The completion of the Metro Line 2A of Mumbai Metro (Dahisar West-Goregaon West-Andheri West) will further make for an easy commute. The prices in Goregaon are comparatively more affordable and rental requirements are also very high in this locality.
Some amazing projects in Goregaon:
The luxor (2.17 Cr onwards), The Vinayak(1.63 Cr onwards), Crown residences (1.9 Cr), Chandak Bay Garden (87 Lakhs onwards), Kalpataru Radiance (2.02 Cr onwards), Ekta Tripolis (2.2 Cr), 4TH avenue Sunteck City (1.45 Cr onwards); Om Trimurti (91.96 lakhs onwards), Applaud (1.64 Cr onwards)
Andheri is the pre-eminent locality for all the finest MNCs and a HubSpot for all residential and commercial activities. The average selling cost is Rs 23,377 per sq ft. It is the most sought-after and most preferred location for investment. Proximity to Jogeshwari-Vikhroli Link Road (JVLR) and National Highway 8 makes it an easily approachable location. The expected completion of the JVLR-Kanjurmarg (Central Suburb) metro line by 2022 is anticipated to be a game-changer for the realty landscape of Andheri.
Click the link below to know more about projects in Andheri:
Lodha eternis (1.82 Cr onwards), Parijat (1.5 Cr onwards), Sterling court (2.05 Cr onwards), Omkar International District Sereno (93 Lakhs onwards), Vasant Oasis (1.85 Cr onwards), Mahindra Vicino (1.27 Cr onwards); Chandak Unicorn (1.26 Cr onwards), Passcode Tinseltown (1.16 Cr onwards), JP road (89.99 Lakhs onwards), Platinum Life (2.22 Cr onwards), Platinum Casa Divine (1.01 Cr onwards), Transcon Triumph (1.16 Cr onwards)
Vasai and Virar:
Vasai, formerly known as Bassein, is located in Palghar District. According to a 2011 census is the fifth largest city in Maharashtra. On the other hand, Virar is also one of the most preferred places. The two localities are considered to be the most affordable housing destinations in Mumbai. The average selling cost in Virar isRs 4,844 per sq ft and Rs 5,770 sq ft in Vasai. The area is the best bet for homebuyers looking for low-cost homes in Mumbai.
Some upcoming projects in Vasai and Virar:
Ornate Heights (34.66 lakhs onwards); Evershine Global City Virar (36.99 lakhs onwards), Poonam Park View (30.55 lakhs onwards), Palm Grove (37.5 Lakhs onwards), Ekta Parksville (51.28 Lakhs)
Wadala was considered a central suburb of the City of Mumbai. In the last 10 years, Wadala has become one of the best residential markets. MMRDA has proposed to scrap the truck terminal to develop an Inter-State Bus Terminus and is expecting to begin the trial runs for Metro line 4 by December 2021, which will connect Wadala to Kasarvadavali (Ghodbunder, Thane) via Ghatkopar and Mulund. The primary requirement which drives business and creates jobs stems from a good network of transportation. The elevated road connector from BKC to Eastern Express Highway is aimed at providing direct connectivity to daily commuters. Wadala is quickly developing as a commercial hub due to its proximity to the eastern express highway and the monorail.
Powai is an elite residential neighborhood located in Central Mumbai. It is located on the banks of Powai Lake and is bound by the hills of Vikhroli-Parksite to the south-east, Chandivli to the south-west, the L.B.S Marg to the north-east and the Sanjay Gandhi National Park to the north.
Some phenomenal projects in Powai:
Kanakia Future City (1.99 Cr onwards), Hiranandani Castle Rock (2.46 Cr onwards), Emerald Isle Phase 2 (1.81 Cr onwards), Ekta lake Riviera (1.76 Cr onwards), Mayfair Codename sara powai (65.9 Lakhs)
Mulund was once an industrial hub for the MNCs, but today, this neighborhood has transformed itself into a bustling suburb filled with high-rise buildings, malls, and cultural hubs while maintaining the green cover that it has been known for. The only planned suburb of Mumbai, Mulund is nestled along the foothills of the Sanjay Gandhi National Park. Mulund is one of the most sought-after places to settle in Mumbai with an average selling cost of Rs 21,685 per sq ft.
Some projects which offer amazing amenities in Mulund:
Atmosphere (1.27 Cr onwards), Codename Big Boom Ariisto Celestia (1.35 Cr onwards), Sheth Montana Giona (1.4 Cr onwards), Piramal Revanta (92 Lakhs onwards), Runwal Pinnacle (97 Lakhs onwards)
Dahisar is the northernmost neighborhood of Mumbai. It is also the first locality of Mumbai from the North. Dahisar was initially a residential area, it has evolved as a prospective commercial hub due to the imminent Business and IT Parks. In terms of connectivity, Dahisar is well-connected to the entire city via the Western Railway Line and the Western Express Highway. The average selling cost of Rs21,189 per sq ft.