GHODBUNDER ROAD-Connectivity drives in the sales of ready to move residential units
Ghodbunder Road or G.B. Road or State Highway 42 runs through Thane district and is offering exciting ready to move residential projects along its stretch. This 20-kilometer long road connects Eastern Express Highway and Western Express highway and is rapidly becoming a favorable residential destination for the potential house seekers of Mumbai. Seeing this huge wave of demand in the locality, many developers are coming up with their new residential projects in order to earn a good amount of profits from their investments. This buzz will lead to the development of more housing dwellings thereby, contributing to the boom in the residential market of Ghodbunder Road. The primary factor responsible for the progress in the residential market is the superior connectivity offered by the aforementioned stretch.
In addition to connecting to major express highways via Thane, this robust road structure provides connectivity to Mira Road from Thane and other prominent localities such as Ghatkopar, Mulund and Bhandup. Moreover, the part of the expressway which connects the locality is known as the Eastern Express Highway, and starts from Sion and terminates at Thane whereas; Western Express Highway starts at Bandra East and becomes National Highway running to Gujrat.
Therefore, this excellence in the road networks has attracted the buyers from different parts of the city and this migration is pushing up the sales of the housing complexes situated in this locality.
Moreover, the state government has aggressively taken steps to further add improvements in the connectivity. Some of the efforts by the government are worth mentioning like a proposal for the establishment of Metro station near Vadala, the monorail project and working on flyovers and bridges. These upcoming enhancements to connectivity facilities will make life easier for the residents as they will be able to have a smooth access to different parts of the city and other essential utilities. Remarkable road structures, together with government's effort to further improve connectedness to other localities have pumped up the prices of housing complexes in the locality. According to 99acres.com, the prices have risen by 2.13 percent in approx. last six years. Having gone up from Rs. 4450 per square foot in January-March, 2009 to Rs. 11350 per square foot in April-Present. As a result, developers are in an opportune position to benefit from these whopping increments in price and will reap good returns from the sales of their existing and upcoming projects.
Below is a list of some of the well known projects, so if you are interested to invest in the residential properties of Mumbai please go through the list and take the next step to make this locality your home.
RESIDENTIAL OUTLOOK
• Prestige Residency Carnation, an existing residential development by Prescon Realtors and Infrastructures is located in Ghodbunder Road, Mumbai Thane. The project offers skillfully designed 2-3BHK apartments which are available in an approx. price range of Rs. 56.7 lakh to 1.15 crores. The apartments are well versed with latest facilities and amenities like kids play area, landscape, power back up and many more. The possession of the apartments has been started by the group.
• Shree Vrushti, a residential project by Shree Group is located in Ghodbunder Road, Mumbai Thane. The project offer 1-2 BHK apartments in a price range of Rs. 66.99-75.45 lakh. The apartments are well versed with modern features and amenities like landscape, kids play area, car parking, power back up and many more. The possession of the apartments has been started by the group.
Aakanksha Pasricha writes for 99acres.com. She has been writing for the real estate developments happening in different parts of India. When she isn’t writing she browses around the high streets as she definitely has an eye for details. You can visit her @G+aakanksha
In addition to connecting to major express highways via Thane, this robust road structure provides connectivity to Mira Road from Thane and other prominent localities such as Ghatkopar, Mulund and Bhandup. Moreover, the part of the expressway which connects the locality is known as the Eastern Express Highway, and starts from Sion and terminates at Thane whereas; Western Express Highway starts at Bandra East and becomes National Highway running to Gujrat.
Therefore, this excellence in the road networks has attracted the buyers from different parts of the city and this migration is pushing up the sales of the housing complexes situated in this locality.
Moreover, the state government has aggressively taken steps to further add improvements in the connectivity. Some of the efforts by the government are worth mentioning like a proposal for the establishment of Metro station near Vadala, the monorail project and working on flyovers and bridges. These upcoming enhancements to connectivity facilities will make life easier for the residents as they will be able to have a smooth access to different parts of the city and other essential utilities. Remarkable road structures, together with government's effort to further improve connectedness to other localities have pumped up the prices of housing complexes in the locality. According to 99acres.com, the prices have risen by 2.13 percent in approx. last six years. Having gone up from Rs. 4450 per square foot in January-March, 2009 to Rs. 11350 per square foot in April-Present. As a result, developers are in an opportune position to benefit from these whopping increments in price and will reap good returns from the sales of their existing and upcoming projects.
Below is a list of some of the well known projects, so if you are interested to invest in the residential properties of Mumbai please go through the list and take the next step to make this locality your home.
RESIDENTIAL OUTLOOK
• Prestige Residency Carnation, an existing residential development by Prescon Realtors and Infrastructures is located in Ghodbunder Road, Mumbai Thane. The project offers skillfully designed 2-3BHK apartments which are available in an approx. price range of Rs. 56.7 lakh to 1.15 crores. The apartments are well versed with latest facilities and amenities like kids play area, landscape, power back up and many more. The possession of the apartments has been started by the group.
• Shree Vrushti, a residential project by Shree Group is located in Ghodbunder Road, Mumbai Thane. The project offer 1-2 BHK apartments in a price range of Rs. 66.99-75.45 lakh. The apartments are well versed with modern features and amenities like landscape, kids play area, car parking, power back up and many more. The possession of the apartments has been started by the group.
Aakanksha Pasricha writes for 99acres.com. She has been writing for the real estate developments happening in different parts of India. When she isn’t writing she browses around the high streets as she definitely has an eye for details. You can visit her @G+aakanksha
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