Ghatkopar, an old suburb of Mumbai with developed connectivity in all four directions through the Eastern and Western Express Highway. Ghatkopar-Andheri link road has made the area a preferred residential destination.
Real estate developers and companies in Mumbai know how important and preferred this location is among home buyers, we wish to tell you some key highlights of owning a home in this place.
There are many ongoing residential projects in Mumbai but Ghatkopar has a lot of quality stuff coming up. Apartments in Ghatkopar are of high demand due to their connectivity and their luxurious factors. Hence, even costly 2 BHK flat in Ghatkopar West are also running out within time if developed with precision and quality. One such outstanding project in the area is the Ghatkopar Avenue which is remarkable.
According to the data shown by Magicbricks, Ghatkopar West has offered the approximate rise of 10 per cent consistently in the last two years starting from the quarter Jan-Mar 2011 to Oct-Dec 2013 quarter. The demand in the area is on rise owing to ready-to-move-in availability. Also, Ghatkopar is one of the community-based areas on the Central line, where demand for property is mostly from Gujaratis and Parsees. These people are ready to pay the asking rates to stay close to people belonging to their own community, which is also pushing the prices up.
The area is well-connected through road and railways. One of the major roads that help the area to connect with other parts of Mumbai is Lal Bahadur Shastri Road (LBS Road). Other than this, the area is situated within the 8 km of distance from the Eastern Express Highway. The area boasts about good social and civic infrastructure. The area offers good medical facilities and ATMs along with many private schools and colleges catering to all segment of the society,” says Sanjay Furia of Nirmal Estate Agancy, a local brokerage company.
The Freeway connecting P D’Mello Road to the Eastern Express Highway at Ghatkopar, has caught the attention of builders and is influencing the real estate market in its adjacent areas. The other localities witnessing the highest demand in the past 2-3 years include Chembur, Mulund, and Bhandup west, etc. Experts predict that due to the Freeway, there will be further eastward movement of real estate development to locations like Sewri. However, it is the areas closest to the Eastern Freeway’s entry and exit ramps – specifically, Orange Gate, Anik Junction, Chembur-Mankhurd Link Road and Panjarpol Link Road, which will emerge as the stronger locations.
So you might make a rightful choice of buying a Apartments in Ghatkopar because it truly is an investment haven.
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