Top Residential Areas to Buy a House in Mumbai

Posted by 1bhkingoregaon on April 9th, 2021

Mumbai, the financial capital of India, is considered a land of dreams and opportunities. The city is bursting at its seams with people wanting to build a life or a career in this city. In the hope of making some fortune, thousands of people migrate to Mumbai every year. People come to the city in search of the magic that the city of Mumbai adds to their lives, and hence it has led to a huge demand for homes, office spaces, 1 BHK properties for sale on SV Road, etc., and given a boost to the real estate sector in Mumbai. Buying 1 BHK properties for sale on SV Road could be a great deal for the investor as it is one of the prime locations in Mumbai, and it will add a good return on their investment. Real estate in Mumbai is one of the world's most expensive property markets. Despite the risks associated with the real estate sector, this industry is witnessing a huge demand for residential housings and properties for sale on SV Road.

As far as the value of properties in Mumbai is concerned, there are certain 1 BHK properties for sale on SV Road and some other residential area that is considered to be real estate gold. It is one of the reasons why Mumbai is on top when it comes to real estate investments.

Here are some of the areas in Mumbai suburbs that have witnessed drastic demand in the last few years and are expected to dole out profitable real estate investments this year.

• Bandra

Bandra is famously known as the Queen of the Suburbs in Mumbai. Bandra has great connectivity to other parts of Mumbai. It also connects Old Mumbai with the suburbs. It also offers a buzzing social infrastructure. SV Road, one of the major arterial roads in the western suburbs of the city of Mumbai, starts from Bandra. This road is well connected with Primary destinations such as Santacruz, Vile Parle, Andheri, Jogeshwari, Ram Mandir, Goregaon, Malad, Kandivali,  Borivali. Thus, purchasing 1 BHK properties for sale on SV Road could be a great option for investors.

• Goregaon

Goregaon has become one of the prime locations in the Mumbai suburb. Migrants, mostly middle-class people, prefer to settle in the region as it offers budget housing to the people without compromising the modern lifestyle. Travelling is also not a problem as the city is well connected with the rest of Mumbai through Western Express Highway and Link Road. Many new residential projects are coming up in Goregaon West to offer seamless transportation. Goregaon is considered to be an ideal location for families because this locality offers them an affordable and luxurious housing option.

• Borivali East

This area's popularity is evident because of its rapid urbanization and the number of residential developments coming up in this area. Borivali has completely changed from being an agricultural land to a residential HubSpot. Commuting from Borivali won't be that difficult, as all transportation types are easily accessible in this city. Presently, it's well-connected with Western Express Highway.  The close vicinity to commercial destinations like BKC and Goregaon makes this location a great choice for a residential area. Also, a good number of educational institutions are close by. Therefore, it's a good option to invest in 1 BHK flats for sale in Borivali east.

Epilogue

Now, if you are interested in buying 1 BHK flats for sale on SV Road or a 2 BHK flat for sale on SV Road visit, www.chandakgroup.com, they will offer you some of the best property deals in your budget.