Western Suburbs in Mumbai – The belt especially from Andheri to Borivali has always been hogging the lime light in the real estate arena in Mumbai. This belt has seen the maximum amount of launches by Top Developers like Oberoi, Wadhwa, Omkar, Kalpataru, Sunteck, Kanakia, Acme, Ekta, Rustomjee, Sheth, Rahejas, Shapoorji Pallonji, Rajesh Life Spaces etc. and many other developers.
The connectivity between the S V Road / Link Road and to the Highway has been the weakest in the entire Western Suburbs and thus the rates are different across in each Micro Location based on several factors.
Eastern Suburbs on the other hand has enjoyed the maximum infrastructure development in the recent years and a few other projects are making the Eastern Suburbs glitter more suddenly and a lot of investors who are keen to investing in Eastern Suburbs are going for the investments as they find value propositions in the same.
Major Infrastructure Impacts in Eastern Suburbs
a. Santacruz Chembur Link Road
b. Eastern Free way.
c. Metro – to Versova (Starting Soon)
Stuck Up Infrastructure Projects in Western Suburbs
a. Andheri West – Jogeshwari Vikhroli Link Road extension
b. Oshiwara Station
c. S V Road, Ram Mandir Road – Western Express Highway connectivity – Half Ready
d. Coastal Road
e. Ferry from Malad to Bandra
It will be interesting to see going ahead how locations in Eastern Suburbs will further evolve and how Western Suburbs due to over population especially on the Western Side, will be able to have substantial price appreciation.
Sandeep Sadh