Skillfully Designed Residences in West Mumbai
Over the past few years, India has been associated with enormous success happening in the real estate sector and related ancillary industry. With commercial and residential projects being established in every corner of the country, construction industry is on its way to entice investors from all around the globe and make the nation one of the leading business markets on the globe.
Looking into it presently, the industry has been seeing an exponential growth and contributing nearly 5-6% to the national GDP. One of the industries in India that has been constantly recruiting in a bulk manner since ever, real estate is solely responsible for stimulating the product demand in over 250 ancillary industries like cement, steel, paint, consumer durables etc. as well. Right from the efficient infrastructure to world class commercial projects, the real estate sector in the country has attracted a zillion investors from different countries in the globe in the last one decade.
The country has an urban population equal to the total population of the U.S.A and the U.K., with more than 10 million people migrating to cities every year. All these estimates coupled with a housing shortage of nearly 18.8 million, clearly suggest the kind of growth potential this industry has.
The commercial and residential real estate in the country have seen a steep ascent in the past 10 years with a growth of nearly 43% during Q1 (2014) and 55,000 units launched across the eight major cities in the country.
The prime cities amongst them include Delhi/NCR, Bangalore, Kolkata, Ahmedabad, Chennai, Pune and Mumbai.
Real Estate Growth in West Mumbai
• The real estate market in Goregaon has been seeing an upward momentum, majorly due to the easy accessibility to the Western Express highway and the link roads like the Goregaon–Mulund Link Road and the matro line running from Charkop to Colaba.
• The connectivity to western express highway has been enticing the buyers and residents of western suburbs, with a multitude of benefits of flyovers over the main junctions. Plus, the Bandra - Worli sea link has added value to the Bandra realty market which is one of the most sought destinations in Mumbai.
• Major real estate developers in the region include K Raheja Group, Oberoi Constructions, Rustomjee, Kalpataru, Kanakia, Omkar, Sunteck, Oberoi, Rajesh Lifespaces and Hubtown.
Housing Projects in West Mumbai
• Auris Serenity by Sheth Creators: A residential development by the renowned Sheth Creators that offers comfortable 2-4 BHK apartments, within a price range of Rs.1.51-4.02 Crore. The area per unit varies between 1215-2525 sq. ft.
With all units being ready to move in, modern day amenities will be made available at the disposal of the buyer.
• Unique Shanti Sparsh by Unique Shanti Developers Private Limited: A residential project in Andheri, Unique Shanti Sparsh offers 2-4 BHK apartments, costing Rs.2.24 -3.35 Crore. The available area per unit is 1310-2630 sq. ft., with all apartments being in ready to move in status.
All basic amenities will be made available to the buyers by December 2016.
When it comes to West Mumbai, options in housing are numerous. All you require is a thorough market research and proper guidance. Rest will fall in place by itself. Good luck!
Anshuman Kukreti is a professional writer and a keen follower of the Indian real estate market. An engineer by qualification and an artist at heart, he writes on various topics relating to various real estate projects across the country.
Looking into it presently, the industry has been seeing an exponential growth and contributing nearly 5-6% to the national GDP. One of the industries in India that has been constantly recruiting in a bulk manner since ever, real estate is solely responsible for stimulating the product demand in over 250 ancillary industries like cement, steel, paint, consumer durables etc. as well. Right from the efficient infrastructure to world class commercial projects, the real estate sector in the country has attracted a zillion investors from different countries in the globe in the last one decade.
The country has an urban population equal to the total population of the U.S.A and the U.K., with more than 10 million people migrating to cities every year. All these estimates coupled with a housing shortage of nearly 18.8 million, clearly suggest the kind of growth potential this industry has.
The commercial and residential real estate in the country have seen a steep ascent in the past 10 years with a growth of nearly 43% during Q1 (2014) and 55,000 units launched across the eight major cities in the country.
The prime cities amongst them include Delhi/NCR, Bangalore, Kolkata, Ahmedabad, Chennai, Pune and Mumbai.
Real Estate Growth in West Mumbai
• The real estate market in Goregaon has been seeing an upward momentum, majorly due to the easy accessibility to the Western Express highway and the link roads like the Goregaon–Mulund Link Road and the matro line running from Charkop to Colaba.
• The connectivity to western express highway has been enticing the buyers and residents of western suburbs, with a multitude of benefits of flyovers over the main junctions. Plus, the Bandra - Worli sea link has added value to the Bandra realty market which is one of the most sought destinations in Mumbai.
• Major real estate developers in the region include K Raheja Group, Oberoi Constructions, Rustomjee, Kalpataru, Kanakia, Omkar, Sunteck, Oberoi, Rajesh Lifespaces and Hubtown.
Housing Projects in West Mumbai
• Auris Serenity by Sheth Creators: A residential development by the renowned Sheth Creators that offers comfortable 2-4 BHK apartments, within a price range of Rs.1.51-4.02 Crore. The area per unit varies between 1215-2525 sq. ft.
With all units being ready to move in, modern day amenities will be made available at the disposal of the buyer.
• Unique Shanti Sparsh by Unique Shanti Developers Private Limited: A residential project in Andheri, Unique Shanti Sparsh offers 2-4 BHK apartments, costing Rs.2.24 -3.35 Crore. The available area per unit is 1310-2630 sq. ft., with all apartments being in ready to move in status.
All basic amenities will be made available to the buyers by December 2016.
When it comes to West Mumbai, options in housing are numerous. All you require is a thorough market research and proper guidance. Rest will fall in place by itself. Good luck!
Anshuman Kukreti is a professional writer and a keen follower of the Indian real estate market. An engineer by qualification and an artist at heart, he writes on various topics relating to various real estate projects across the country.
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