Vikhroli Witnesses a Residential Real Estate Boom

Known as a top city to live and work in India, Mumbai, India’s financial capital, does not need any introduction. While most of its areas have both basic and modern amenities, Vikhroli West remains the pick of the bunch for homebuyers.

Facts and figures indicate an apparent rise in the residential real estate boom in this area over the last few years. Have you been exploring your possibilities for buying a piece of property in Mumbai off late?

If yes, then you may want to find out what makes Vikhroli a promising destination for purchasing flats in Mumbai. Read to find out more about the rise in the demand for residential homes in this area.

Reasons for which Vikhroli has been witnessing a residential real estate boom

1. Location

Vikhroli is surrounded by some of the other prominent localities in Mumbai. These include Mulund, Chembur, Ghatkopar, Kanjurman, and Powai. Thus, it lies in the heart of Mumbai. Many major residential project contractors have a strong presence in this area. This resulted in the construction of various renowned and high-value residential projects in this area in the last few years.

If you are someone who has a keen interest in getting a home surrounded by greeneries, then Vikhroli is the right choice for you. Despite being one of the prime locations in Mumbai, the place has plenty of greeneries in the form of mangrove trees.

2. Connectivity

One of the major benefits of buying a 1 bhk or a 2 bhk flat in Vikhroli is that lies in close proximity to both Chatrapati Shivaji International Airport and the Central Railway Station of Mumbai. While the former is just 29.1 km away from Vikhroli, the latter lies at a distance of just 23 km from the area.

BEST buses and local trains connect Vikhroli to the other prominent areas in Mumbai. These include Eastern Express HIghway, Lal Bahadur Shastri Road, Agra Road, and others.

3. Pocket-friendly prices

As is the case with the other locations that are located in the heart of Mumbai, the price for the properties in Vikhroli has been witnessing a steady rise since 2014. This can be attributed to a variety of factors. However, despite this price rise, it is also true that Vikhroli still has some budget-friendly residential complexes in comparison to the other localities.

Developers such as Haware Intelligentia and others offer budget-friendly home-buying options to buyers of properties.

4. Improved infrastructure

The infrastructure of Vikhroli is no less fascinating in comparison to the other localities in Mumbai. Among other things, it has a strong social infrastructure. With prominent educational institutions and health centres, residents of this area can expect to live comfortably with all the basic amenities. R-City Mall and other malls in these nearby areas plus food joints also play a prominent role in raising the value of residential properties in Vikhroli.

Closure

To sum up, Vikhroli has been seeing a rise in the purchase of residential properties in Mumbai. While the prices have started rising up due to the aforementioned reasons, it is still one of the budget-friendly residential locations in the heart of Mumbai. If you have been planning to own a home in one of the prime locations in Mumbai, think about looking for options to book your flat or dream home by getting in touch with the leading real estate developers such as Haware Intelligentia at your earliest convenience.

My name is Rahul Pawar and currently I am working as a Sales executive with one of the most renowned builder in Mumbai. If you are interested to buy a href=https://www.ashwinshethgroup.comresidential property in mumbai then contact me directly