Eastern Region of Mumbai has a Great Investment Potential

As the satiation scheme sets in Mumbai, its rural regions have opened gates modern development. Mulund, Bhandup, Ghatkopar, Kurla, Vikhroli, and Powai are some of the Eastern Suburbs of Mumbai that have turned out to be booked for real estate investors. Influential development companies have launched property in Kurla West like Mayfair, Runwal Group, and Eiffel Developers. The two main reasons why the eastern countryside is gaining section from investors are its rapid infrastructure development and the 'value for money' quotient.

Infrastructure Growth

Eastern countryside of Mumbai is counted among those regions that experienced fastest infrastructure growth in the city. The Eastern Freeway has played an assisting role in augmenting the demand for Property in Mulund West. Santacruz-Chembur Link Road drastically decreased the distance between the two localities and made commuting easier between the commercial center point and inner suburbs. Connectivity through metro to Versova is also coming up in the next segments. Besides the physical framework, these suburban neighborhoods also enjoy excellent civic amenities.

Value for Money

Eastern Suburbs were initially low-profile regarding real estate business because of their industrial roots. But with the many infrastructure developments and ample availability of developable land, this area came to be noticed by real estate developers, and they launched a few of their projects. The trend picked up pace, and now these areas stand as competitors of the well-established commercially driven areas of South and Central Mumbai.

Moreover, the prices property in Mumbai is affordable as compared to the previous sites. One can find Property in Kurla West at an average rate of Rs 10,000-13,000 per sq ft. whereas a similar property in the south or central suburb would cost Rs 20,000-25,000 per sq ft, and for luxury homes, it can go up to 45,000 per sq ft.

Apart from the infrastructure and value propositions, investors also look for better connectivity options when scanning a locality. Since the eastern suburbs are served by the Central Line of Mumbai, they are readily available from other locations. Eastern and Western suburbs are also connected via Jogeshwari-Vikhroli Link Road (JVLR), Andheri-Ghatkopar Link Road and the Andheri-Kurla Road. Being well-connected to the commercial centers of South Mumbai, value appreciation prospects are ample in Eastern Suburbs.

When compared with the Western Suburbs, you will find that they are too congested while Eastern areas have wide roads with smooth connectivity. The quality of builders is also better in the East. Thane offers excellent residential options at affordable rates. Property in Mulund West is also very popular among end-users. So, if you are one of the investors looking for an affordable properties in Mumbai that yields good returns, checking out the Eastern Suburbs is a given.

Rahul Kumar has an excellent Knowledge about investment in Indian Real Estate industry. He passionate about writing about Real Estate market and investment for more details you can check out his latest articles on http://www.buyproperty.com/articles.