Where are these projects scattered?
Some of these localities in Mumbai are Goregaon West, Kandivali West, Andheri East, Bhandup West, Chembur, Santacruz East, Mulund West, Kurla East, Matunga West, Dahisar East and Mira Road.
What is on offer?
According to the Magicbricks listings data, one can buy 1, 2 or 3BHK units in the projects coming up in these areas. The 1BHK units are available in sizes ranging from 261 – 650 sq ft, 2BHK flats are in the range of 714 – 1778 sq ft and the 3BHK apartments are within 1310 - 1782 sq ft. There are 4 and 5BHK units available in the area as well, but their supply is quite limited.
If you expect your new house in Mumbai to be equipped with all the modern amenities, you would be interested to know that these upcoming new projects in Mumbai will not disappoint you. They provide facilities such as club house, gymnasium, lifts, jogging or strolling tracks, parks, swimming pool, reserved parking, power back-up, and many more. Some of the projects provide exclusive amenities such as barbeque pits, outdoor tennis court, cafeteria food court, DTH TV facility and others.
Santacruz West
The locality enjoys a strategic location. Eric Botelho of CMC Homes says, “Santacruz is well-connected to all the major adjoining areas such as Khar and Bandra towards its south and Parle and Andheri towards its north.” Situated adjacent to the Western Express Highway and the Western Railway Line, Santacruz is easily accessible from all parts of the city. Even the domestic terminal of the Mumbai airport is situated within the locality.
Mira Road
When due to high residential prices in Mumbai buying a home is very difficult for the common man, Mira Road offers several options through the upcoming projects. Despite being located in the suburbs, Mira Road is widely in demand . The main reason is the connectivity of the locality and the affordable properties that it offers.
Mira Road enjoys connectivity to Navi Mumbai, Mumbai and Thane. The Western Express Highway connects it to the Western Suburbs and also with the International Airport.
"The values in Mira Road are far less as compared to the prevailing residential values in neighbouring localities of Andheri, Malad, Kandivali and Borivali. People who can't afford to buy a property in these areas, shift their interest to Mira Road," says Gaurav, a property dealer in the locality.
Prasenjeet, a resident of the locality appreciates the liveability quotient of the area. He says, “Mira Road is a great location and is well connected to other parts of the city. Vegetable markets, shops, hotels, banks and super markets, all are available in this locality.”
Chembur
A suburb in Eastern Mumbai, the real estate market of Chembur has improved due to its connectivity. Chembur offers easy connectivity to South Mumbai and the Western Suburbs through the Eastern Freeway, Monorail and the Santa-Cruz Link Road. Thus, there has been consistent demand for properties in the locality over the years.
“Chembur is comparatively affordable when compared to Wadala and Lower Parel, one of the prime reasons why buyers shifted here, “says Paresh Chedda of Rajesh Realty.
Source : content.magicbricks.com
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