Bhandup West, the locality that witnessed fastest transformation
What was popular as Mumbai’s biggest industrial belt, Bhandup has now with time emerged as the residential hub of Mumbai. Situated extremely close to the affluent areas like the prime Powai and Mulund, Bhandup west has become popular as the prime housing address on the main line of Mumbai. The locality that started offering projects in the range of Rs. 55 Lakhs has now moved on to the Crore valuation at the back of its ever increasing demand among the buyers and investors alike.
Drawing the huge number of homebuyers because of its seamless networking through both the the Lal Bahadur Shastri Road (LBS) and Eastern Express Highway, Bhandup West has recorded the biggest demand for its 1, 2 and 3BHK properties. Owing to the proximity with prime industrial and residential areas, Bhandup West has seen a price appreciation of around 46% since the year 2011.
To take advantage of every benefit the locality has to offer, a number of prime developers are coming up with their new developments in the area. Two such renowned developers to have launched their new projects recently here are:
1. ABC Group
The eminent name of Mumbai real estate market, ABC Group, has very recently come up with their new project in the city. Launched under the brand name of DSS Mahavir Universe Phase 2, they are offering 2 to 4 BHK apartment style houses of 1237-2392 sq. ft. area in a price range that is extremely low as compared to the other projects functioning in the city. Marked at a value of Rs. 1.56 to 3.01 Crore, they are offering a number of prime amenities to the people buying their houses here like play area, swimming pool, gym, clubhouse, landscape garden, etc. These are also designed and constructed to impart a sense of luxury and comfort in the occupants.
2. Kalpataru Group
Another premium
real estate brand, Kalpataru Group, has also announced their intention to rule
Mumbai’s property market. To make this claim come true, they have launched yet
another project in the strategic location of Bhandup West. Named as Kalpataru
Aspire, they are offering 2 to 3 BHK apartments of 1283-1778 sq. ft. area to
the city’s property seekers. Price range that has been set up by them, Rs. 1.86
to 2.58 Crore, to attract buyers here also falls in the affordable segment.
Along with the brand name, great price and larges space, they are also offering
a number of international quality amenities like open space, paved compound,
reserved car parking, play area, 24 hours water supply, paly area, and lift,
full time property staff, etc. Considering all the factors from large space,
brand name, back up of Mumbai city, affordable price range, and the amenities;
the demand for a house here is on a rise.
The Bhandup West area has
undoubtedly created an ideal place in the heart of city’s investors and buyers
alike. Buying a house here is considered one of the most profitable property
deals with a guaranteed high rate of returns.