Powai: The Perfect Housing Destination

Mumbai has been a hot property destination for several years. People having a property in this mega city have been looked at with envied eyes. Such is the magnetic attraction of this city that people have flocked to its shores and settled down for good. The city as a whole is well developed, but there are certain pockets of the city which are highly coveted from a residential point of view. The Southern end of the city is one such area that comes to mind. But, over the years, other areas of the city have stood out for a variety of reasons and have provided people more options to play with. Powai is one such destination. Let us look at some of the factors that make it the perfect housing destination.

Situated in the middle of the Eastern and the Western suburbs, Powai is an important area which was primarily a middle-class residential neighbourhood which has transformed into an elite one. Though it wasn’t fancied earlier due to connectivity issues, the tide slowly turned in its favour and this has resulted in it becoming a favoured destination.

Earlier, the property in the vicinity of Powai was considered as too far and sparsely populated to be considered as residential destination. The beautiful Powai lake and IIT Bombay were its only popular landmarks. But, as the years passed by, well known eateries and clubs came along as residential projects sprung up. This resulted in Powai getting noticed by the population of the city. The suburb further expanded with the housing boom. Major real estate developers also started their projects here, and capitalized on this opportunity.

This ultra urban town enjoys a rather advantageous position in terms of accessibility, being as it lies between the Eastern and the Western suburbs. Due to its proximity to major industrial centers like SEEPZ and other commercial centers, schools and major workplace hubs, there has been high demand for property in Powai. The fact that it has become the heart of startup activity in the city has seen young businessmen making a beeline to buy property in this suburb. Along with these factors, it is a natural haven and thus attracts those having an inclination towards nature.

The unending list of reasons has given a boost to property in this place. With everything going for it, it is likely that this reason will continue to attract investors even in the distant future. 

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.

Mumbai’s Growth Through The Eyes Of A Resident

    When real-estate mogul and billionaire Donald Trump decided to invest in Mumbai, the media was abuzz with excitement. Trump is a success story in a line that has rich rewards but notorious difficulties throughout. Why did he choose to invest in Mumbai? What made it appealing for him?

Mumbai has grown over the decades to become the hub for development and real estate along with various sectors related to business like marketing, finance, etc. Even India’s film industry calls it home for a reason. The abundance of the human resource is evident in the city and this high availability has led to a spike in the services sector while also aiding in the growth of the industrial sector in the outer reaches of the city.

This is the reason apartments in Mumbai are selling at an incredible rate. Purchasing properties in Mumbai has become a difficult task over the last few years, owing largely to the influx of immigrant labor from neighboring cities and states and even other countries such as Nepal and Bangladesh. Mumbai has a host of benefits it provides to its residents. As far as Indian cities go, it is well planned with public amenities rarely falling short of the requirements at any point in time. The water and piped gas supplies in most parts of the city ensure that people’s fundamental needs are met, inviting more and more people to come in search of work in the city.

The city has a variety of international level facilities like a suburban rail transit system, suburban bus system, sporting arenas and huge shopping malls. The shopping malls in the city usually cater to large numbers and are well equipped to handle large volumes of people. With the best international brands catering to the average Mumbaikar, the style quotient in the city is definitely on the up.

The recent addition of the air-conditioned metro line in the city means that commutes from the central suburbs to the western ones have been reduced by an hour. The service has proven to be a blessing and with similar services being planned across the city, should increase connectivity making the lives of the average resident easier.

The city is growing; more properties in Mumbai need to be developed. This is the reality. The price of apartments in Mumbai will also have to reduce drastically or salaries of the workforce increase dramatically to ensure that housing facilities do not go to waste. India is witnessing a change of epic proportions, with Mumbai at the heart of most of those changes. The future looks bright for potential homeowners in and around the city, the benefits of development and progress is there for all to see.

Perks Of Buying a House in Kanjurmarg

Mumbai is mushrooming with premium housing properties. Buying a property in one of the prime locations in the city is always going to be rewarding. Some of the best locations to buy a home in Mumbai are Andheri, Goregaon, Kanjurmarg, Powai and Santacruz. There are many more areas in the south and central parts of the metropolis. In Mumbai, there is something for every kind of buyer.

Kanjurmarg is one area that is well connected to the city and provides a plethora of housing options to choose from. There are many secure residential areas in this locality for a cross section of buyers. You can take a good look at all the options before you put your money down. Kanjurmarg is a locale that is closer to the Eastern Express Highway, Jogeshwari Vikhroli Link Road and the Kanjurmarg Station. Connectivity is swift and easy in this area because of the accessibility of so many commuting options.

Well-planned realty projects like Jaycee Homes’ Savannah in Kanjurmarg comes complete with township layouts, towers, podium parking and so many more amenities. If you are planning to settle down with your family then you must look for a safe locality, great amenities and state-of-the-art security systems in the premise. There are various residential projects that come loaded with amenities like jogging and cycling tracks, Wi-Fi internet connectivity, activity decks, basket ball courts, flower gardens, indoor games, amphitheatre, dance studios and so much more.

A lavish 1 & 2 bedroom apartments with outstanding interiors, French windows, modular kitchen settings and intercom facilities can be a great investment for your future. Flats in Kanjurmarg east and west are spacious and nestled in premium residential areas. You can also find movie theatres, magnanimous shopping malls, and fine-dine restaurants in the vicinity. It is also a good option if you have kids as the city’s best schools and colleges are located nearby. Neither is it too close to the busy and bustling streets nor is it too much in the quiet outskirts of the city. It is centrally located, which makes it an ideal option for investing in property.

So if you are deciding on buying a property in Mumbai you must consider Kanjurmarg to buy your dream home. It is sure to provide you with a satisfying lifestyle and a better future to your children. Choose a locality after good research and detailed analysis of various localities in Mumbai.