Mumbai, the financial capital of India, merely 15 years back, was a different place as Navi Mumbai wasn’t coming into its own; about ten years ago with some sorry-looking constructions alongside the Palm Beach Road. Currently, Palm Beach, having its miniature sliver of the so called “sea view”, is amongst the plushest addresses of town. Around 15 years back, who might have thought all these locations might become very high profile? The Home purchasers today might never have that so well – in case they have budgets, they definitely have plenty of options.
In Southern Mumbai, as well as the Western and Central suburbs, the hosts for other destination addresses may spring up, provided by increasing connectivity as well as premium projects. The developers will let you know that locations in which they are having their individual projects are good ones, however the fact is around 15 years back, they might not have thought about even coming to the places like Chandivali, Dombivali, and Panvel and today, top developers of Real Estate Mumbai are transforming them into exclusive destinations.
Without doubt, infrastructure has played big role in the development of Mumbai properties. Properties in this island capital are infamous for being most costly properties in India. It has caused this city to develop far into the mainland within northern as well as eastern directions. Executed and well-conceived residential projects in Mumbai are still as good as the infrastructure which makes the location accessible as well as capable of offering a definite level of lifestyle and comfort. The housing property destinations in Mumbai of the future may be those which are seeing enough infrastructure development. In addition, infrastructure development as well as destination development is joined at stylish Mumbai.
The popularity of any place is directly associated with thrust on infrastructure development in that region, connected with key areas as well as availability of the employment opportunities as well as social infrastructure like health care, organized retail, and reputed educational institutions. For example, Wadala, having proximity of business districts including Bandra-Kurla Complex, has become center of new city as well as a financial center; its advantages from being the confluence of metro, monorail, as well as Eastern Freeway. Powai sticks out as an obvious candidate for outstanding destination development as Jogeshwari-Vikhroli Link Road provides superior connectivity between central and western suburbs. Goregaon and Malad are the examples of development where the developers like Oberoi and Raheja have constructed a group of outstanding commercial offices, residential and retail projects, with Kalyan-Dombivali and Navi Mumbai may also hit a few new high level notes with coming of newly build International airport.
Also there is another good instance for its easy connectivity to two major arterial roads in Mumbai – Western and Eastern Express Highways, to Western and Central railway lines, to Navi Mumbai through Thane-Vashi rail line, as well as to domestic and international airports including the future international airport in Navi Mumbai. The locations towards North-Eastern borders near Dombivli are also making for outstanding destinations because of better connectivity through housing train networks as well as exciting social infrastructure in this affordable segment.
Online Real Estate News 