If you are planning to invest in properties in Goregaon West, visit us on this site: https://www.chandakgroup.com/34parkestate-goregaon/ for ready possession flats in Goregaon west and to know more about new residential projects in Goregaon
Goregaon city has observed a rapid development growth in the last couple of years, which helped the city transform into a well-developed residential station. It is one of the safest suburbs in Mumbai with gated communities, where the group maintains the area's complete cleanliness. It is also one of the greenest suburbs of Mumbai.
This area has seen tremendous growth in the last few years because of new residential projects in Goregaon West. The new residential projects in Goregaon West are coming in luxurious homes and residential hubs with modern amenities.
Advantages of Buying Property in Goregaon
1) It is expected that the property's value in this area is going to increase highly in the forthcoming years, so there would be much more demand for property. Thus, the locality is sure to prove to be a good investment in the future. And the existence of business offices in and around the locality is making Goregaon a coveted working and residential destination of Mumbai. Hence, it is an excellent spot for the investor because the rate at which developments are taking place in Goregaon makes it a promising destination in the real estate sector.
2) At this time, properties in Goregaon West are one of the topmost priorities of the people interested in buying their own house or willing to invest. This locality gives them an affordable and luxurious housing option, shopping malls, entertainment hubs, educational institutions, small industries, etc., within the neighbourhood. Goregaon is probably the only suburb in Mumbai where residential and commercial properties' capital values are almost identical.
3) Goregaon also has excellent connectivity and social infrastructure. You can find almost all transportation facilities available in this locality, including buses, taxis, auto-rickshaws, and trains.
4) The location is also close to the Jogeshwari-Vikhroli Link Road (JVLR) and the Western Express Highway, making it easy to commute.
The above listed are the key reasons for Goregaon's properties' demand's rapid growth.
The current value of property in Goregaon
Similar to most of the locations of Mumbai, Goregaon is divided into Goregaon East and Goregaon West. The residential property prices in Goregaon East are ranged between Rs 6,000 - Rs 30,000 per sq. ft. Simultaneously, the properties in Goregaon West are between – Rs 13,245–Rs 16,117 per sq.
According to the study, the property price in Goregaon East has increased around 9.4 %, and in the West, around 3.4% in the last two years.
Goregaon is gradually scaling up as a Posh destination at the price of the premium locality. Most of the new offerings are in the ready possession flats in Goregaon West, and the experts have estimated that the cost of the properties will hit the roof pretty soon due to an increase in demand.
Goregaon's new emergence as a luxury destination has not lost its classical charm with many big film studios like Film City, Filmistan, etc., in the neighbourhood. This region has a lot of flora and fauna and forms the boundary of Sanjay Gandhi National Park. As the Mumbai Metro network has covered the area, the attraction of this locality has drastically improved with connectivity to nearby localities that include Aarey Milk Colony, Andheri, Versova, BMC Road, etc.
Wrapping Up
If you are planning to invest in properties in Goregaon West, visit us on this site: https://www.chandakgroup.com/34parkestate-goregaon/ ready possession flats in Goregaon west and to know more about new residential projects in Goregaon. The ChandakGroup of construction promise to offer you the best property deals in your budget through their luxurious project named 34 Park Estate
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