Best Residential Areas in Mumbai

Mumbai is referred to as a land of dreams and opportunities. Many come to Mumbai with the hope of leaving a mark thus resulting in an increasing number of people. Surrounded by the blue waters of the Arabian Sea, this city is witness to rapid growth in real estate development. Despite the risks associated with the real estate sector, this industry is witnessing a continuous increase demand for residential housings or properties.

Mumbai is India’s financial making it is one of the most expensive cities. However this has resulted in Mumbai becoming a golden opportunity for investors. Moreover, buyers prefer to invest in Real Estate in Mumbai as it’s offering many opportunities, both in terms of technology and innovation along with a high ROI.

The upper-middle class and middle-class people have started to change their preference towards luxurious housing and residential hubs. Many renowned developers are coming up with projects in Mumbai and in its suburbs.

Developers like SD corp is coming up with residential projects in Mumbai. It would be better if you invest your money to buy an apartment in any of from below top residential areas in Mumbai.

Kandivali East

Kandivali East is an area which is definitely worth investing. Recently, this area has transformed into a profitable destination. Kandivali east has witnessed a quick development over the past two decades. The reason for its development is its close vicinity to commercial hubs, such as Nariman Point. It’s also the home to reputed educational institutions. Moreover, it is furnished with a huge range of civic amenities. The Flats in Kandivali East, are spacious and offer style with comfort. 2 BHK flats in Kandivali east and 3 BHK flats in Kandivali East are affordable and yet luxurious.

Malad West

Connectivity to Mumbai or its outskirts is very easy due to the availability of multiple transportation modes. It houses many renowned schools, colleges, hospitals, malls, and supermarket. Added to that, several IT firms and MNCs are based here.

Borivali East

This is a relatively popular area which is evident from the number of residential developments which are coming up in this area. Commuting from Borivali will be easy in the near future metro lines and central lines would be coming up. Currently, it’s well-connected with Western Express Highway.

Goregaon West

New residence mostly prefer to settle in Goregaon West. As It offers budget housing to the people without compromising on the modern lifestyle. Travelling won’t get affected as it would remain connected with the rest of Mumbai through Western Express Highway and Link Road. Many infrastructural projects are coming up in Goregaon West to offer seamless transportation. Renowned colleges, institutions, and hospitals are in close proximity.

Here’s What To Expect From The Brand New BKC

There are many good reasons as to why real estate developers in Mumbai design projects in BKC. One of them is the strong development initiative the MMRDA has taken to allocate Rs. 75 Crores to turn BKC into a smart city. Many proposed developments fall under the ‘smart city plan’. 

Some of them are as follows:

1. Construction of an elevated road extending Santacruz-Chembur Link Road (SCLR) up to Vakola Bridge at Santacruz (east) on Western Express Highway (WEH).

2. A 5-km Kurla-Vakola elevated road will be constructed to assuage excess traffic in the area.

3. Bandra-Kurla Complex will also have Wi-Fi internet connectivity as soon as one enters the area.

4. Hybrid/electric buses will be introduced for a pollution-free and eco-friendly transportation.

5. The work on the Bandra-Kurla Complex (BKC)-Chunabhatti elevated road connector will be completed in December 2018.
 

For long, BKC was primarily known as Mumbai’s sough-after commercial hub. Renowned conglomerates like TATA Communications, Reliance Industries and Edelweiss Financial Service, is what makes BKC such a prominent commercial hub. So many citizens from all over the country move close to the location as it provided better work opportunities.
 

However, now, there’s a new face of BKC that is being gradually introduced to the people. Today, Mumbaikars can select homes from a new slew of options. From 1 BHK flats in BKC by Omkar Vive to luxurious penthouses, BKC has them all. No wonder it is the rising residential hub of the location.
 

With such developments in the making, the smart move to turn BKC into a residential locale is slowly starting to bear fruits. Another bonus is, long commute shall no longer be a woe for many as this planned development can increase opportunities for people to live close by.
 

This fact also comes across as a big advantage for the real estate sector. It gives many relators a chance to build projects there. Meaning, a project in a location like BKC adds more value to their name. In fact, there’s been a rise in the number of upcoming residential projects in BKC.
 

It is under favourable circumstances like the above one should sync his/her investment opportunities with. Of course, it may be overwhelming at first, but with baby steps and expert guidance, the possibility of buying a home in BKC isn’t far away.