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2021-10-11
Real Estate Trends

Best Residential Areas To Live In Mumbai Suburbs

Mumbai, formerly known as Bombay, is the capital of Maharashtra state. It is the country’s financial and commercial hub and serves as a principal port on the Arabian sea. The city carries a legacy of rich heritage from various departments right from Architecture, to culture, to art and entertainment. A lot of people dream to be a part of Mumbai’s fast-paced lifestyle in search of better growth & job opportunities. Having said that, finding the right place for you to live in the City of dreams can be frustrating and daunting. Blessed to be one of the most diverse cities in the country, Mumbai has a wide breadth of areas and suburbs to choose from.

The most important factors in choosing the right place are proximity to work, the convenience of schools & colleges for families with kids, and affordable prices for the house. Living in some of the popular suburbs can come with a hefty price tag attached to it, however, multiple projects in Mumbai suburbs claim to offer a comfortable and luxury lifestyle at affordable prices.

Some of the best residential areas in Mumbai’s suburbs that have gained popularity amongst the real estate developers in recent times are listed below

1. Dahisar

Located in the northern part of the city, Dahisar has witnessed rapid development in social infrastructure, better modes of connectivity in recent times. The locality has also emerged as a prospective commercial hub due to forthcoming IT & Business parks. Needless to say, Dahisar is now one of the hot choices for property developers to target. Experienced in commercial and residential spaces over 2 decades, N.Rose developers in Dahisar, have presented their mighty project ‘Northern Hills’ in Dahisar East. The masterpiece which is soaring 676 ft. high into the skies is the tallest tower in the region.

2. Borivali

Borivali stands tall as a primarily residential area in the Northern suburb of Mumbai. Apart from Sanjay Gandhi National Park being one of the main attractions in the locality, schools, colleges, hospitals, cafes, and restaurants, Borivali has it all. Talking about connectivity Borivali is well connected to other parts of the city via Western express highway, S.V road, buses, taxies, and railways. Borivali Railway station is one of the most important & busiest railway stations on western lines as it is the starting point for local as well as many outstation trains.

3. Malad

Malad has gained popularity as the best place to live among working professionals as its a hub for MNCs. Situated almost at a center between the region Borivali – Andheri, it has added advantage of being accessible to all the major corporate offices in surroundings, providing some of the best street food joints and popular restaurants, Malad is the best choice to live for the young working-class crowd. The locality is also known for providing the best projects that aim at comfort & luxury for the middle class and upper-middle-class families.

4. Andheri

One of the largest suburbs in the heart of Mumbai, Andheri is home to some of the biggest corporate giants, Media houses, and IT companies. Being centrally located and having multi transit options makes life easier for people living in Andheri to travel across all the parts of the city. It is well connected to the western, southern as well as central suburbs of Mumbai via networks of roads, metros, & railways. Andheri also has added advantage of having Chatrapati Shivaji Maharaj International Airport in its proximity, as well as a domestic Airport in the nearby area, compared to other suburbs of Mumbai. From popular schools like St. Xavier’s High School, Sardar Patel College of Engineering to 5-star hospitals like Kokilaben Ambani & Seven Hills hospitals, to plenty of shopping centers and markets in the nearby vicinity, popular restaurants and world-class hotels like The Leela, Hyatt, ITC Maratha to name a few, Andheri provides all kinds of social amenities to its residents. For people who want to get closer to the town at a comparatively lesser cost, Andheri is the best choice.

5. Ghatkopar

Due credit to the infrastructural development over the past few years, Ghatkoper is emerging as one of the happening places in the central suburbs of Mumbai. With new businesses blooming in the area, it has now become a prime location for malls, restaurants. Typically Ghatkoper West can be categorized as a commercial hub, whereas Ghatkoper East is mainly a residential paradise with quality projects by some of the renowned developers of the city. The presence of top educational institutions makes this locality a respected place across Mumbai. Its metro station is well connected with other parts of Mumbai making it a convenient place for a day-to-day commute.

Every day the city of dreams welcomes thousands of people. Each one has different needs and expectations from the city. Each locality in the City has its pros and cons, and unique character. It is advised to know your needs and lifestyle expectations in-depth, before choosing a locality for your dream home in the magical city.


Real Estate Trends

Dahisar Real Estate Trends

Dahisar is a rising location in Mumbai with respect to the real estate industry. The potential that the region has shown with the new residential properties being constructed over these recent times, makes it come into the limelight for people who are looking for affordable homes. There current trends in real estate in Dahisar are mentioned below: Employment hubs near Dahisar: The demand for flats in Dahisar East has increased over time because of the proximity it has to different work sectors like the Mira Road MIDC, The Wadhwa Techno Park, the Mindspace in Malad, the Infinity Park, NESCO IT park, Nirlon Knowledge park and so on. These micro-markets make up a big portion of the working-class people who require a stay close to their workplace for easier travel and saving personal time. Social amenities in Dahisar: Alongside the proximity to the workstations, you also require all the facilities that are required by you and your family in the daily routine. Dahisar has a well-developed section of social amenities with educational institutes like Singapore International school and Rustomjee Cambridge. There are healthcare facilities like HCG Cancer Center, Pragati multi-specialty, Life Care, and much more. There are multiple sports clubs like Mandpeshwar Civic Gymkhana and many more. Physical Infrastructure of Dahisar: Dahisar has good connectivity to the other regions of Mumbai like Goregaon, Thane, and Andheri via the Western Express Highway. The Dahisar Railway station is close by which can take you easily to anywhere in Mumbai. The Mumbai International airport is 19 km away and there is a 25km long elevated corridor proposed to be made on the Western Highway to ease the traffic issues. Price trends in Dahisar: Residents in Dahisar have decent rental returns on their properties which are expected to rise in the coming years after the availability of the metro lines. The development of flats in Dahisar East brings the estimated price range of homes in the bracket of INR. 1 1.5 Cr* based on the configurations of the homes. Reasons to invest in Dahisar: Over these last few years, the overall development progress of Dahisar has been very good, which creates the real estate market to flood in more projects there. This will eventually cause the price range of homes in Dahisar to rise given the demands of home buyers increase. This makes an excellent reason to invest in Dahisar now, which could bring you a great resale rate in the future. So, in conclusion, Dahisar could become the most sought-after location in Mumbai and make your lifestyle as luxurious as the one you would get in the most expensive localities otherwise. Make a wise choice of getting the benefits by investing less now and getting the best soon. ...
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Real Estate Trends

The Best Places to Own a Property in Mumbai

Dahisar: The requirement for property in Dahisar has significantly increased due to the real estate development that it has done over these few years. The progressive social infrastructure and a variety of choices in configuration make it one of the most preferred locations in Mumbai. 2 BHK Apartments in Dahisar are highly in demand due to it being a residential location primarily. Although, the region makes a very promising commercial hub as well with the upcoming IT park. Since it is a sophisticated location with most people being from the working class, the connectivity offered is effortless with Western Railway and the Western Express Highway. There is also the availability of Mumbai Metro that lets you easily travel in the western region. Malad East: Malad is one of the regions in the western suburbs of Mumbai which falls close to the Andheri and Borivali regions. This is a promising residential area for working professionals as it falls close to the commercial sectors in the western region. The connectivity with the western express highway and the western metro line along with the railway makes it very smooth for people to commute. Marol: Marol is the most accessible place in the western region of Mumbai with a lot of potential premium developers projects with ready-to-move-in homes. The main advantage of this location is the metro station right where you live. This gives you a quick commute to and from Marol to Andheri, Versova, and Ghatkopar. The IT Park in Marol makes it a demanding location for the working-class people. The international airport is just 4km away and the commercial sector of Andheri is 6 km away. Goregaon East: Goregaon is the connecting region for Andheri and Borivali making it the ideal location for affordable homes in Mumbai. The majority crowd here is young and energetic and that brings a lot of brands, restaurants, and other facilities in proximity. The Jogeshwari-Vikhroli road and the western express highway give unparalleled connectivity to the rest of the city. The Goregaon film city makes it one of the most fascinating locations in all of Mumbai. Kurla West: Kurla is one of the most accessible locations from the Bandra-Kurla Complex which is the topmost business hub in Mumbai. Kurla west is preferred by professional working people due to its proximity to the commercial developments and the affordability that makes it pocket friendly for them. Kurla connects you directly to the western region through the Bandra-Kurla complex and the railway station connects you to the central and the harbor region of the city. ...
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