5 Realty Hotspots in Mumbai
Mumbai is one of the foremost valuable cities to live in as far as realty is concerned. But prices keep soaring higher so it gets difficult for the middle-class to invest in the financial capital-Mumbai. One has to make well-informed decisions because it involves investing their hard-earned money. Here are a few places that are listed as some of the most effective locations to invest in Mumbai 2020.
1. Thane
Thane enjoys the best connectivity with the suburbs of Mumbai via Ghodbunder Road, the Santacruz-Chembur Link Road (SCLR), the Jogeshwari-Vikhroli Link Road (JVLR) and also the Eastern Freeway, the National Highway, Thane-Belapur Road and the Mumbai-Nashik Highway. The educational institutions in Thane are well developed and include several professional colleges, medical and engineering. Many IT parks have acted as a catalyst in the growth of Thane. It a burgeoning and advance city in Mumbai that offers plenty of possibilities for investment in the realty sector.
2. Andheri
Andheri is another well-developed region in Mumbai, owing to its huge industrialization and its proximity to areas like BMC Road, Goregaon East and West, Jogeshwari East and West, and Malad Creek. It houses some of the most effective residential apartments and educational institutions. It is well connected to the major highways namely NH8 and Jogeshwari-Vikhroli Link Road (JVLR).
3. Powai
Powai is surrounded by Sanjay Gandhi National Park in the North, LBS Marg in the North-East, Chandivali in the South-West and hills of Vikhroli Park site in the South-East. It homes several renowned multinational companies’ offices as well as India’s premier institute The Indian Institute of Technology (IIT). Some of the renowned hospitals, educational institutions, hotels and banks are exceptionally connected via network of railways and roadways.
4. BKC (Bandra Kurla Complex)
Recently, property developers have been showing interest in BKC as the region has become one of the most sought after places to invest in. BKC has been promoted by the government as a finance centre for quite a while. It is close to the airport and is strategically well connected to the rest of the city.
5. Kanjurmarg
Kanjurmarg is strategically situated in the suburbs of East Central Mumbai. Being the prime localities in suburban Mumbai, Kanjurmarg is well connected to all the key parts of the city. The Eastern Express Highway, Western Express Highway, LBS Marg and Jogeshwari- Vikroli Link Road are the major roads running through the area. The neighbourhood is also well connected to major bus stands, the international airport and the suburban railway stations. Also, Kanjurmarg is close to many important institutions in Mumbai, like IIT Bombay, NITIE and KV Powai.
