Why is Ghatkopar the perfect residential area in Mumbai?
As of today, Ghatkopar is one of the most happening places in the Eastern suburbs of Mumbai. In fact, it is one of the most sought after for shopping, dining, residing and so much more.
It is predominantly a residential area.
Ghatkopar is an evolved area with great infrastructural developments. And it is only evolving more. There are excellent commuting facilities, huge malls that attract people from all across the city, famous eateries, parks, and places of worship. All this makes Ghatkopar an ideal place to live.
There are well-known schools, colleges, other academic institutions, and hospitals. These make it an even more convenient location to stay.
What is most attractive about Ghatkopar is its proximity to major employment hubs. Bandra Kurla Complex, Andheri MIDC, and more are easily accessible. It is centrally located. So, it has amazing connectivity with many other areas. You can travel with ease to different areas in Mumbai, Navi Mumbai, and Thane.
With metro, Eastern Express Highway, central railway, commuting is very easy to and from this Mumbai suburb. This makes Ghatkopar an extremely attractive area for home buyers.
Lesser commuting time is an absolute advantage. In Mumbai, people spend many hours every single day commuting for work. But living in Ghatkopar can help you minimize this commute time. You can instead spend it on enhancing your family and personal life.
Aspects that have the potential to increase property prices:
- Like any other industry, demand and supply is one of the key factors of appreciating housing prices. When there is an increase in demand for properties in a particular area, the price goes up and newer construction can be seen emerging. Ghatkopar West is seeing a lot of new residential construction. This can be related to increased supply because of increased demand.
- Development of the area is another driving force responsible for increased property costs. Development of an area can mean new commercial complexes, shopping malls, or commuting facilities. You will notice an appreciation in the prices with such development. Ghatkopar is an easily accessible area from many major employment hubs. So, it is a preferred option to stay at. Ghatkopar is also seeing rapid development in infrastructure. Metros and already existing infrastructure affects real estate positively.
- Growth in population is indirectly related to all other factors. It plays a big role in influencing property cost in an area. This is why Mumbai real estate is always growing. The Ghatkopar West area is cheaper compared to other nearby suburbs. So, it attracts a lot of buyers. This number is only expected to grow. With more people moving to this area, the price of real estate will likely see an appreciation.
The area of Ghatkopar is divided into two – East and West.
Here’s why you should invest in Ghatkopar West…
Mumbai is an expensive city to live in. But the suburbs offer much more affordable housing. The property prices at Ghatkopar West are lower as compared to that of the East. So, it is easier to find properties that can fit in your budget.
Finding a place that works well with your budget and provides features that will help you save can be a plus point.
For instance, at our project, Integrated Arya located at Ghatkopar West, we provide many features that will further make it much more affordable. One such feature is the Low Maintenance Advantage. It will help you save up with low maintenance costs each month. Also, the design of the flats is such that there is plenty of natural light and ventilation. This will help you cut on electricity costs.
Growth Prospects and Returns
As compared to Ghatkopar East, the West is cheaper in terms of property prices. But it shows good returns year after year. The rental market at Ghatkopar West also thrives because of its affordability. It is cheaper when compared to neighboring suburbs like Bandra or Andheri.
Since its comparatively lower price, there is a lot of room for growth. The property cost at Ghatkopar West is expected to increase and year after year, you can see the increment.
Ghatkopar West is an upcoming and a developing area of the Mumbai suburbs. It is likely to see a boost in the real estate market, as it shows year after year. It is surrounded by important commercial hubs and has great connectivity. This makes it is an attractive location to purchase a property at.
Book Your New Apartment at Ghatkopar West with Integrated Spaces!
Our newest project Integrated Arya is located at Ghatkopar West. Integrated Arya has so much to offer. It is located at a fantastic location, has great connectivity, and much more.
We invite you to visit us and book your home at this ever-evolving location.
To know more,
you can contact us at +91 99303 30300
Or chat with us online at https://groupintegrated.com