Ghatkopar, an old suburb of Mumbai, has witnessed a boom in real estate activity and has had several new residential projects come up. The skyline of Ghatkopar has thus been changing steadily. Real estate developers are opting for integrated townships and projects as a way to improve the quality of life for homebuyers. Being well connected with metro lines and local transport has made this suburb a preferred locality. Many buyers are opting for flats in Ghatkopar to get access to a convenient lifestyle.
Below are a few reasons which make Ghatkopar a brilliant choice for investment:
Location and connectivity
Ghatkopar is well-connected via roads and railways. Roads such as L.B.S road, Eastern Freeway etc., make it easier for residents to stay connected with the rest of Mumbai. The Central Line of Mumbai railways also passes through Ghatkopar. Apart from this, frequent service from BEST buses offers easy accessibility to daily commuters. Ghatkopar also has excellent connectivity to Mumbai’s major hubs such as Andheri, Powai, Juhu, Fort, Chembur, BKC, Dadar and Worli. There is also a direct Ghatkopar-Andheri Road and a freeway connecting it to Bandra. While there are many projects in Ghatkopar that are in close proximity to important nodes in Ghatkopar, L&T Realty’s Centrona stands out as it is located right in the epicentre. Therefore, the residents can live in close proximity to major business hubs while enjoying seamless access to the entire city.
Convenient transit system
Commuting in Mumbai can be a challenging experience for many. Therefore, buyers prefer buying properties with easy access to public transport facilities. Ghatkopar is a nodal junction on the Central Railway line which makes it a desired choice to settle in. Plus, the arrival of the Mumbai Metro at Ghatkopar has made travelling a breeze for daily commuters as it offers excellent connectivity between the Central and Western Suburbs of Andheri and Versova. For buyers looking to buy 1 or 2 BHK flats in Ghatkopar, connectivity and convenience play a strong role in home-buying decisions.
Ghatkopar boasts of impressive social and civic infrastructure. This includes the best residential complexes, commercial spaces, shopping malls, squares, sports facilities, schools and colleges. Apart from private schools such as Saraswati Vidya Niketan, Vidya Bhavan etc., the suburb is also home to notable colleges such as NIIT, the Indo German institute, and SPN Doshi Women’s College. Along with that, there is excellent healthcare available in the vicinity, with notable hospitals such as Wadi Hospital, Chandrajyoti Hospital, Ashirwad Heart Hospital etc. within reach. Residents of Ghatkopar also have access to recreational hubs such as R City Mall, Phoenix Market City Mall and various other shopping outlets and restaurants. When it comes to civic infrastructure, Ghatkopar has better drainage facilities than other neighbouring suburbs.
Price trends and future growth
Around 90% of residential properties in Ghatkopar are ready to move in, with few new projects in the pipeline. As a result, redevelopment of existing societies is common. With easy access to BKC, Andheri, and Versova, the locality serves professionals who prefer staying in proximity to their workplaces. This has resulted in a booming area as the rental market in Ghatkopar thrives on affordability as compared to neighbouring suburbs such as BKC, DN Nagar, Bandra, and a few prime locales of Andheri. With the presence of various reputed builders such as L&T, Wadhwa, Skyline etc., Ghatkopar is indeed one of the finest choices for real estate investments with high rental yields. Residential projects from trusted builders most often come with world-class amenities that make the living experience even better. L&T Realty’s Centrona offers comfort, luxury and unparalleled access to various parts of the city. The uniquely designed homes boast great use of space and are brimming with lifestyle amenities. With fine properties like these present across Ghatkopar, the locality has a strong future in terms of property appreciation.
If one is looking to invest in a property, Ghatkopar is a perfect choice. Even more so for those who are looking to cut down their time spent in traffic and make more time for themselves and their family.