The idea of purchasing a flat in the heart of Mumbai is the ultimate fulfilment for many. With a plethora of options available, home buyers generally fall into a great dilemma about which projects with new construction in Mumbai to invest in. Mumbai is home to a host of suburbs and every location offers a varied range of new construction in Kurla Mumbai. The city is spread between the Western and Eastern Suburbs spanning across locations like Ghatkopar, Kurla, Vikhroli, Mulund, Nahur, Powai respectively that offer sprawling new projects. Additionally, with developing infrastructure, Mumbai has no dearth of real estate projects.
Other challenges home buyers face while purchasing a property in Mumbai are the rising prices and fluctuating property rates. With inflation at an all-time high, one can never predict what curve the real estate market can take, especially in the pricing factor. Additionally, the continuous change in repo rate and other factors can add up to the challenges one can encounter while purchasing a home in Mumbai. But trusted developers, affordable housing and locations that offer credible under construction or new construction properties can ease out the difficulties for home buyers.
Amongst the expansive eastern suburbs, Vikhroli, is a popular location bordered by Powai to the west, Ghatkopar to the southwest, and Bhandup to the north. The locale proves to be ideal for property aspirants due to endless opportunities in terms of commercial real estate and seamless connectivity to major important locations. The Mumbai railway network’s central line splits the city into west and east regions and the newly launched metro lines 2A & 7 have become a great relief for people travelling via JVLR to Ghatkopar and other connecting areas within the radius of 10 – 15 Kms . Furthermore, Vikhroli, today, offers easy proximity to popular malls, top rated healthcare centres, top schools and more. Today the location has grown to become a great residential and recreational hub, attracting home buyers from across the city. Additionally, new construction offers benefits like property appreciation, newer technology, discount and instant equity etc. Let’s understand the 5 approaches to consider while investing in new construction in Vikhroli.
1.Proximity To Major Commercial Areas
Commuting to your workplace can often be a challenge but purchasing a flat in Vikhroli can ease out all your concerns regarding connectivity. Office goers usually spend a major chunk of their time travelling but purchasing a flat in this area should ease out all your commute issues. Vikhroli’s proximity to MIDC, Marol, Saki Naka, and Powai is one of the major elements that makes it an advantageous location if you plan to purchase a property in the location. These above-mentioned areas host some of the top commercial centres with many big companies and start-ups situated here. Living close to your workplace is a common essential that home buyers look for before investing in an apartment and Vikhroli makes sure to connect you to major workplaces at ease.
2. Amenities Offered by New Properties
The amenities and facilities a new project has to offer are also one of the primary areas to analyse before you approach a new construction. Mumbai has no dearth of projects that are outdoing each other concerning the facilities and amenities they have to offer as developers are keen on understanding homebuyers’ mindsets and what they require in a home. A lot of people do not want to step foot beyond their community and hence, developers build an ecosystem where a community consisting of all ages can thrive. Developers today curate amenities that cater to all residents supporting their lifestyle and improving the standard of living. The facilities an apartment offers can also be one of the vital reasons for a home buyer’s purchase decisions. When we often come across reviews of a project, people usually boast about what the project has to offer and explain how these amenities prove to be beneficial for their future.
3. A Flourishing Realty Scene
Tagore Nagar, Surya Nagar, Godrej Colony, Kannamwar Nagar, and Raj Legacy are among the peaceful residential areas in Vikhroli. Many well-known developers are expanding the areas.The real estate project in Vikhroli provides 1 & 2 BHK flats with panoramic views, stunning architectural design, exceptional landscaping, world-class amenities, and smartly designed residences. Developers are choosing to create townships at Vikhroli with a host of unique amenities, spacious flats and high rises at different price ranges catering to all sectors of homebuyers making it one of the most flourishing locations for real estate. Not to forget the seamless connectivity network from Vikhroli to major parts of the city adding up to the reasons to invest in a location like this.
4. Developer Transparency
It is always an advantage to know about the developer’s history and credibility in the market. Before we approach a new project, it is important to do a complete background check about the developer and what properties of the brand you are investing in. A clear idea of the situation gives one great confidence while investing in a new property especially if it is your first time investing in a project.
5. Further Development Plans
Infrastructural development is a great factor to consider in the way you approach a new project in Vikhroli or any locality in Mumbai. For Vikhroli, travel and the commute is going to be more seamless than ever with the construction of the proposed metro project in full swing. The new metro lines connecting to Powai and SEEPZ are all set to make commuting an easy job to and from Vikhroli. And other public infrastructure projects are a great way to approach investing in new construction in Vikhroli.
Vikhroli’s transformation is an open book and in the last decade, it has become one of the most prominent locations in Mumbai. Top developers like Puneet Urban Spaces are all set to launch urban and modern residences namely, Puneet Shivalaya, Puneet Amarjyoti & Puneet Brahmand. These new constructions in Vikhroli are sprawling new residences that offer a configuration of 1, 1.5 & 2 BHK homes respectively. From the finest amenities to state-of-the-art design and quality architecture, Puneet Urban Spaces is just a step away from bringing you the perfect way of experiencing the lifestyle in Mumbai.