Why People Prefer Buying Homes Closer To Offices

   With changing times, the scope and the way offices are run have changed. Gone are the days when all commercial activities used to be restricted to just one area. Offices have now moved out of the business district and are looking at other cheaper options. Mumbai being such a huge city, there are business districts in several parts of the city. Also, the emergence of the startup culture has meant that people have opened up offices almost everywhere, literally. This has made it much easier for people to stay close to their offices.

 The problem that earlier generation faced was that the business district was all wound up in one place and staying in a place nearby meant paying extremely high rents. Buying a flat was also out of question, unless you had a lot of money.  However, with the conception of newer business districts in various parts of the city, it has become affordable. Some are at walking distances from people’s homes. For instance, those of them staying in Andheri East or having a property inGoregaon East can have an easier time while commuting to work. This would mean fewer expenses. While, as a city, Mumbai is easier on the pocket as compared to other cities when it comes to commuting, it is the rush that is usually difficult to handle.  Since Mumbai is a city that never sleeps, having a home close by means it is easier to deal with the erratic timings.

 Taking a cue from this, developers in the city have started developing townships to cater to the needs of the working class. Jaycee Homes, a well known name in the industry, has taken the lead in this department. Since many people are now shifting base towards IT, realtors are keen on providing homes for this segment.

All these development activities have resulted in many individuals shifting to have a house closer to their workplace. The demand for both rented homes as well as those being bought has skyrocketed. This demand has also been fuelled because of excellent amenities like, swimming pool, club-house, lounge, gyms, etc. are being provided. The option of fully furnished and semi-furnished housing is also available. 

With the city about to witness a massive change in infrastructure in the coming years, things will only get better. This fact can be substantiated by the fact the metro rail and monorails have added a new dimension to the city along with the pre-existing modes of transports. All these factors have resulted in people preferring to buy a property which is closer to their workplace.

Apartment in Goregaon? Here’s why you should consider buying!

If you looking for a new home, it makes sense not to look beyond flats in Goregaon east in the city. With the price of property in Goregaon stabilizing over the past few years, the city’s real estate market has seen a measured revival. The cost of an apartment in Goregaon hasn’t changed much in the past five years and if current market trends are anything to go by; won’t change in the foreseeable future.

Why would you buy property in Goregaon though? What purpose does an apartment in Goregaon serve? The answer is multi-pronged. Property in Goregaon would not be a hard sell though, it is known for providing an incredible, value filled life to anyone who chooses the suburb as their residence. With its lush green gardens, open fields, pristine malls and well developed roads, it is slowly turning into the residential hub of choice for most Mumbaikars.

Goregaon is well connected to the mainland city via the Western Express Highway and the Swami Vivekanand road that runs from north to south. The Goregaon bus depot is one of the largest in the city and has services that run well into the night, providing a cheap, effective commute for millions of Mumbaikars. The suburban train station in Goregaon is used by huge numbers of people to commute to and from mainland Mumbai city.

The malls in the vicinity – Oberoi Mall, Hub Mall, Inorbit and Infiniti – 2 offer an incredible selection of brands to choose from, and allow shoppers to have an almost international shopping experience within the vicinity of their homes. The malls also feature some international heavyweight chains such as Starbucks that have opened stores to cater to the ever expanding urban culture in India.

Another benefit of buying an apartment in Goregaon is the abundance of hypermarkets in the vicinity. With increasing globalization and opening of the Indian markets by subsequent governments hypermarket chains are opening up across the country. The residents of Goregaon have access to the best international foods, produce and products at these huge stores.

For the nature lovers, Goregaon offers the incredibly tranquil views that are only possible at Aarey Milk Colony. With its abundant green fields and hills, Aarey Milk Colony allows residents with a green thumb to pursue their passion and bask in the glory of nature. Nearby, the Goregaon Film City lets movie fanatics experience the best of Bollywood and on rare occasions partake in the film making experience.

Goregaon is also fairly stable in terms of property pricing and with an abundance of schooling and college options to choose from, is easily a very good choice for working professionals and those with slightly larger families. Even if just an investment, the suburb should provide a decent return, especially in the real estate sector.