Why the Eastern Suburbs are Gaining Ground in Mumbai Property Scene

  If you are in India, the one city that gets your heart pumping and one that is called the land of dreams is Mumbai. As more and more people flocked to Mumbai for better opportunities, the population steadily increased. While South Mumbai still holds the keys to some of the best properties in Mumbai, there is no shortage of options in a city as big as Mumbai. Some of these options lie on the eastern part of the city. Yes, that’s right; the eastern suburbs are bustling with activity and are at the forefront of a real estate revolution.

 The problems like water issues, load shedding and connectivity were big issues 10-15 years ago. But, all that has changed with the development surge. The fact that it is soon becoming the hotbed of commercial activities also gives it the edge.

A good look at the facts is enough to give a clear picture of the viability of the eastern suburbs as a destination for property investment. The first and foremost factor that has gone in the eastern suburbs’ favour is the introduction of Metro Railways. Ghatkopar’s connectivity has increased multifold due to this new introduction. The Central Railway’s services have not only expanded but improved in such a manner that it is rare to see delays on this route.

As for road connectivity, a range of buses plying via the Jogeshwari-Vikhroli link road connects the eastern suburbs to the heart of the city. This ensures that regular travelers, especially the ones going to work daily at this end of the city, have plenty of options. The Eastern Express Highway adds a new dimension to the travel options available. The water issue that has crept up time and again has also been put to rest with the Municipal Corporation providing 24*7 water supply to areas like Mulund, Ghatkopar and Vikhroli since the year 2012. The new and upcoming projects with their luxurious amenities and superb infrastructure are in no way lesser than the projects in any other part of the city.

Finances have often been an issue for any person who wishes to buy property in Mumbai. But, with sound strategies and schemes put in place by city’s real estate sector, buying flats in Mumbai is no longer a far-fetched dream.

All in all, one must never let an investment opportunity like this go by the wayside because, some things are just too good to let go.