TOP 5 GROWING SUBURBS FOR YOUR REAL ESTATE INVESTMENTS
Real Estate is the most sought after investment options. Real Estate guarantees good returns and can be a source of a second income. With developers exploring each corner of the city, investment hotspots are on a rise. Here are 5 destinations for your real estate investments:
- Kharghar – Growing suburb in Navi Mumbai
Kharghar, located in the Raigad district of Maharashtra is a beautifully planned city. Kharghar is the third most developed suburb in Navi Mumbai after Vashi and Nerul, with an area of 1,700 hectares. The locality’s proximity to Belapur, Taloja and Mahape CBDs (central business districts), good connectivity to infrastructural developments like wide roads, Parks, golf course and the profusion of green surroundings are some of the factors which has intensified demands for the residential market in kharghar. The locality is well connected by roadways and railways. The Sion- Panvel Highway across this area hook it up to Mumbai and other localities in Navi Mumbai.
Influence factor – Navi Mumbai airport is at a distance of 39 Km from kharghar.
The construction of Navi Mumbai airport near Kharghar will serve as a key growth factor for further enhancement of the locality. These trends are proving that kharghar is intended to be the next hotspot for real estate investments.
Various properties in kharghar, Mumbai provided by developers are:
Hex Downtown, offers 1-BHK, 2-BHK, 3-BHk flats, Bhagwati Group Greens offers 2-BHK flats with, Sai Icon provides 3-BHK+ flats, Green Woods offers 2-BHK and 3-Bhk flats etc. For more properties in Kharghar, click here.
- Chembur – Growing suburb in Mumbai
Located in the eastern part of Mumbai, Chembur has undergone major transformations on the infrastructural front. Chembur located centrally has seen an ever increasing demand in the real estate sector. Chembur is very well connected to the Eastern freeway, Santacruz-Chembur link Road, Chembur Monorail Station and Western highway connecting Bandra and Kurla. Chembur is expected to be connected to Ghatkopar, soon via the 2nd metro-phase .
Influence factor – Eastern Express Highway and Sion Panvel Highway serves as transit points for those travelling to Pune using the Mumbai-Pune Expressway. With a gracious increase of 15 to 20% YOY Chembur is a preferred investment spot.
A few properties in Chembur for investment encompass of Radius Central Park offers Studio, 1 BHk – 2 BHK flats, Godrej Prime offers 1 BHk, 2 BHK and 3 BHk flats etc. For more properties in Chembur, click here.
- Mulund – Growing Suburb in Mumbai
Mulund at present is a part of an ever growing real estate that features superior living and caters the needs of people having different lifestyles. Sky scrapers with luxurious amenities have been transforming the real estate scenario in this area soon.
Influence factor – Mulund west is well placed between upcoming cities of Thane and Mumbai and offers seamless connectivity.
A few properties in Mulund for investment encompass of, Nirmal US open offers 2 BHK flats with price starting from INR 1.60 cr, Nirmal Turquoise offers 2 BHK and 2.5 BHK flats with price starting from INR 1.93 cr etc. For more properties in Mulund, click here.
- Thane – Growing suburb, a part of mumbai
Thane’s infrastructural development boost has led to a significant rise in the real estate sector in Thane. Thane has great proximity to commercial hubs in Mumbai. With affordable house prices with elevated amenities and standards of living, Thane is progressing towards surpassing existing hotspots in Mumbai.
Influence factor – Thane has impeccable connectivity to the eastern and western sides of the city via Eastern Express Highway and Western Express Highway.
A few astounding projects in Thane encompass of Raj Torres, Godrej Emerald Thane, rustomjee urbania, kalpataru immensa, Kalpataru Sunrise Grande, Vijay Orovia, Runwal Eirene etc. For more properties in Thane, click here.
- Panvel – Growing Suburb in Navi Mumabi
Panvel is one of the most advanced and well planned parts of heart of Navi Mumbai. It is smoothly connected to the exteriors of Mumbai, i.e. Pune and neighbouring regions due to the Pune Express Way. With the proposed 22KM sea link between Sewri and Nhava Seva the realty prices are soon going to rise.
Influence factor – Panvel has close proximity of 5km to Navi Mumbai international airport. If your destination is Bandra Worli sea link, then it takes 46 minutes from Panvel.
With proposed reduced travel time and green surroundings, Panvel is a perfect investment destination.
A few properties in Panvel comprise of India Bull Greens, Lakhani La Riveria, Landmark Riverside, Sai Provisio Landscape etc. which offers 1-BHK, 2-BHK, 3-BHk flats. Kalpataru Waterfront, Marathon Nextzone etc. are the projects in Panvel that offer 2-BHk, 3-BHk configurations.
These destinations are growing continuously in respect to various aspects to real estate with infrastructure being the top most. It’s best to explore the areas as early as you can!