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Reasons why Vikhroli is the hub for real estate investment

Author: Kajal Shah
by Kajal Shah
Posted: Feb 02, 2020

Properties in Vikhroli attract a lot of investors and home buyers. The real estate market in Vikhroli is still seeing a boom even though the prices have been regulated to an extent by acts such as RERA. Whether it is a commercial property or residential, there are interested investors for both. Real estate builders in Mumbai are coming up with projects of a premium level. These projects have a tremendous infrastructure, all amenities, jaw-dropping interiors from big designers and many more things to appreciate. Therefore, this is persuading many investors to invest in property in Mumbai, especially in Vikhroli.

Here are a few reasons why Vikhroli is the hub for real estate investment.

1. Commercial center

Major businesses have their headquarters and offices in Mumbai. Vikhroli as nearby to them give rise to investments in commercial property. Residential projects such as 1 bhk in Vikhroli and 2 bhk flats in Vikhroli are preferred to buy which are close to their workplace.

2. Connectivity and accessibility

Vikhroli's public transport easily helps you to reach from point A to point B. The connectivity is undoubtedly efficient. Public bus transportation offers ease conveyance to the people. The Jogeshwari-Vikhroli Link Road connects Vikhroli to the western and eastern suburbs of Mumbai. The nearest railway station of Vikhroli is Ghatkopar and Kanjurmarg. The Mumbai International Airport is located at a driving distance of about 7.3 km. Due to this Vikhroli becomes a good investment opportunity. Civil infrastructures such as roads and highways are improving day by day, reducing the traffic woes. This has convinced many buyers to buy a property in Mumbai.

3. Good Infrastructure

Talking about infrastructure, Vikhroli has not had rave reviews in the past for its infrastructure. But things are now changing. There are no more cramped up construction of buildings, roads are widened and are maintained well. Infrastructure proposals such as the JVLR project have made Vikhroli a lucrative city to invest in. This has also given rise to the demands for flats in Mumbai, specifically pertaining to Vikhroli.

4. Affordable housing

The real estate market in Vikhroli is going through a trend of affordable housing. Many new residential projects in Vikhroli are taken up by real estate developers in Mumbai. Luxury flats are gaining popularity as they provide extravagance at affordable rates.

5. Blend of different cultures

Vikhroli has a place for everybody. People all over the country live here in peace and harmony celebrating all kinds of festivals together. That is why a lot of people prefer owning a house in Vikhroli. This place gives you a robust blend of different cultures.

Investing in real estate in Vikhroli is a good step to consider. Owning 2 bhk flats in Vikhroli is an achievement in itself. Given its demand in the global real estate market, investing here in Vikhroli can turn out to be a good decision for you.

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About the Author

Founded by experts of Real Estate Marketing, Realatte has added value to top Developers & Aggregators across India & around the globe.

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Author: Kajal Shah

Kajal Shah

Member since: Aug 31, 2019
Published articles: 62

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