Top 5 Residential Hotspots In Mumbai
Mumbai, ‘The City of Dreams’ and ‘The City that Never Sleeps’, has a complete equilibrium of jobs, nightlife, entertainment, food & scenic beauties. The smooth connectivity to all central nodes of the city with its robust public transport facility, entertainment options like shopping malls, coffee shops, movie theaters, multi-cuisine restaurants, utility markets, schools, and colleges is what makes Mumbai a prominent option when it comes to picking a residential property.
Here Are A Few Top Residential Places In Mumbai:
Vile Parle is the perfect blend of an educational hub with the SVKM Group of Institutes which has some of the finest and the most popular colleges in Mumbai offering multiple courses for academic and personality development. Flourishing with a wonderful lifestyle, this place owes its popularity to the Juhu Beach. Filled with wonderful restaurants, gardens, playgrounds, and places of entertainment, Vile Parle is one of the top residential properties in Mumbai which is very close to Chhatrapati Shivaji Maharaj International Airport. Moreover, the Udyanjali Project by Ashray Group which is currently under construction finds its place in Vile Parle East, making it an attractive investment option.
Ghatkopar has grabbed a huge amount of attention ever since the Ghatkopar-Versova metro line was inaugurated. Its connection and proximity to commercial hubs and travel places like the Chhatrapati Shivaji Maharaj International Airport, Central railway line and the Metro make Ghatkopar one of the top residential properties in Mumbai. There are several residential complexes of varying sizes, with different amenities for different people. The multiplicity of schools here make it a very convenient residential place to live with a family.
In the past, Andheri was previously known for housing the SEEPZ and MIDC but it is now home to several commercial zones, IT hubs, leading corporate offices and residential real estate projects, making it a suitable pick for people working in such areas. Andheri has a buzzing nightlife and a safe and secure locality with lots of apartments to choose from in areas like Lokhandwala and Oshiwara. Plus points of this area include great connectivity and infrastructure. Andheri is considered as one of the most promising micro markets in the Mumbai realty sector. The distinguishing factor is its extensive connectivity through highways, Metro and a local railway station that make Andheri a connecting hub when it comes to traveling.
This place is close to the commercial hub yet is quietly nestled along the foothills of the Sanjay Gandhi National Park. Mulund is one of the only few planned suburbs in Mumbai that is lined up on a modern grid pattern which is typical of western cities like London or New York. Today, Mulund is one of the most settled and easily liveable places in the city. Be it the locational advantage or the multiple corporate institutions or the uncomparable serenity that this place offers, Mulund is a complete mixture for every shopaholic and explorer. Jaswanti Woods, a residential project of Ashray Group that is nearing completion with part OC received is also based in Mulund. All these reasons easily make Mulund one of the top residential properties in Mumbai.
Kandivali has undergone massive transformation and development in the last two decades and thus holds great potential for investors. With plenty of affordable homes and under construction infrastructure projects booming in the region with a price appreciation of about 20% in the last year, the location is a very buyer-friendly place. Moreover, the convenience and other amenities that come along, Kandivali is a part of the upcoming Metro plan which will soon make it a more connected and travel-friendly place. Also, Mahavir Nagar in Kandivali is a hub for foodies and shopaholics with many restaurants and places for entertainment. Also, the Western Express Highway on the east and SV Road and Link Road on the west, the Kandivali Railway station on the Western Line also facilitates easy transport and commute.
As these 5 residential hotspots are backed with factors like commercial opportunities, infrastructure projects, affordability, and connectivity, making them the right areas to invest.