Properties in Goregaon West Are Selling Like Hotcakes

Have you been browsing through properties in Goregaon West? There are various residential projects in which you can find lavish as well as affordable 2BHK flats in Goregaon.

Have you been checking out properties in Goregaon West for investment purpose? This area is one of the best places to buy a property in Mumbai because it has everything that you would need for a comfortable and stylish living experience. From lavish homes to great infrastructure growth, this location has turned into a property hotspot in Mumbai.

 

It has emerged as one of the most upscale commercial as well as residential destinations with beautifully-styled living spaces and stunning landscapes. However, you need to be prepared to shell some good money if you wish to buy a flat in Goregaon West. Flats with floor space of 2000-3000 square feet are available for 15000-18000 INR per square feet.

 

Compared to the rates in prime areas of South Mumbai (around 40-50,000 INR per square feet) Goregaon West is still affordable. South Mumbai areas are becoming unaffordable for many because selling on large floor plates has pushed the property rates to the 9-12 Crore brackets. This is the reason why many buyers or investors are flocking to Goregaon West in the central corridor of Mumbai.

 

Why invest in Goregaon West?

 

There are various advantages of investing in Goregaon West. It is located in close proximity to the Jogeshwari-Vikhroli Link Road. This area is merely 2 kilometres away from the Goregaon Railway Station and 1 kilometre away from the Oshiwara Railway Station. Goregaon West is merely 5 kilometres away from the Malad Railway Station.

 

Initially, this area was a sparsely populated residential suburb of Mumbai but with time, developers started launching exciting residential and commercial projects in Goregaon West due to which it came in demand. Affordable rates also brought in many buyers to this area who were otherwise unable to buy a home in South Mumbai. Aarey Milk Colony was the popular landmark for this location and later on, catchments such as Jawahar Nagar, Bangur Nagar, Unnat Nagar and Motilal Nagar also came into existence. These catchments made Goregaon a noticeable suburban part of the city. The area expanded more with the housing boom.

 

You can easily find some of the most lavish flats in Goregaon West for purchase. This is because almost every reputed builder has one or more than one projects in Goregaon area, offering 2, 3, 4 and 5bhk flats in the luxury housing category. Many projects in this area are priced between 2-8 Crores INR, expected to be ready for possession by next year. These lavish homes offer the best of amenities to the residents for a luxury living experience such as, a gymnasium, swimming pool, spa and children’s play area.

 

If you wish to buy a 2BHK flat in Goregaon, there are various exciting residential projects in which you can find your dream home. Profile of Goregaon has changed over the years, turning it into a sought-after destination for buying or investing in flats. Since it is close to Mumbai and enjoys a good infrastructural growth, property rates have been skyrocketing in this area.

Neha works for a reputed real estate development company that has launched various properties in Goregaon west that manly comprise of lavish 2BHK flats in Goregaon.