Mumbai is considered one of the poshest and expensive cities to live in as far as real estate is concerned. So, as prices keep soaring higher and higher, it keeps getting difficult for the middle class to invest in the financial capital of Mumbai. One needs to make well-informed decisions when it comes to investing their hard-earned money. Investing in properties in Goregaon west is a good option as it is one of the most upgraded and busiest locations in the western suburbs of Mumbai. With upcoming new residential projects in Goregaon West, it helped the location to satiate the demand from people; thus, you can understand the growth level that the suburb is noticing. Property in Goregaon is not only suitable for middle-class people but also for people who are looking for luxury and new residential projects in Goregaon west can find a house to suit their taste. There are many more reasons why Goregaon has become a prime location for home buyers and investors. Here are some of them.
• Perfect location
In the last few years, Goregaon has become one of the prime locations as it lies between the most influential suburbs of Mumbai, i.e., Andheri and Borivali, making it a perfect location for people to buy properties in Goregaon West. Goregaon is also well connected to major commercial areas of Mumbai, likes Andheri, Bandra, BKC, etc. The greenery of the Aarey colony also surrounds the area. This location is also ideal for families because it gives them an affordable and luxurious housing option, shopping malls, entertainment hubs, educational institutions, small industries, etc., within its neighborhood.
• Goregaon is well connected
If you buy a property in Goregaon, you are well connected to most of the city through roads as it has two major roadways, i.e.,Jogeshwari – Vikhroli link road and western express highway other than that SV road also run through Goregaon which gives it excellent connectivity to most of the city. Residents also have easy access to the city’s international airport. Goregaon also has a railway station so people can also travel through trains. The locality has also developed with all the latest facilities, and all types of public and private transportations are easily available in this area.
• Good returns on investment.
If a person is interested in investing their money in the property, they usually expect to have a high return rate. In recent years, properties in Goregaon west has yielded some of the best results for investors. Despite the poor economy this year, the amount of growth Goregaon is showing is astonishing. Investors have seen an 8% increase in the property prices in Goregaon east this year. Thus, Goregaon is one of the important locations to invest in and add value to their investment for investors. It is one of the most preferred locations for investing in residential property.
• Presence of corporate giants
The region’s connectivity and quality infrastructure is an important reason that promotes commercial real estate in Goregaon East. Many multinational companies such as IBM, Abbott, and Aegon Ligare Life Insurance have set up their offices in Goregaon East. It attracts many of the working population, thus pushing the demand for property prices in Goregaon east.
The above-discussion proves that the Goregaon region is an ideal place to invest in real estate. Thus if a person is looking for a ready possession flat in Goregaon west to invest, visit 34ParkEstate developed by the Chandak Group – https://www.chandakgroup.com/34parkestate-goregaon/. They will offer you some of the best deals for ready possession flats in Goregaon West.