Why Is Goregaon Real Estate Market Clutching the Attention of Home buyers?

Posted by 1bhkingoregaon on October 21st, 2021

If you are planning to buy a residential property in Mumbai, the three major factors that a potential buyer needs to look for are the location, affordability, and size of the flat/apartment. And Goregaon, a fast-developing real estate destination in north Mumbai, is one such area that satisfies most buyers on all three counts.

Besides, over the last decade, Goregaon west has witnessed rapid urbanization that has transformed the locality into a well-developed residential destination, ideal for families, couples, and working individuals.

Therefore, looking for 1 BHK property for sale in Goregaon West is a great option for you. The locality is also witnessing constant growth in property prices which makes it an apt locality to invest in for future returns. Also, here we have even mentioned some of the reasons that why the Goregaon real estate market is clutching so much attention of homebuyers.

Smooth connectivity

Goregaon is located between Andheri and Borivali, the two important residential localities of Mumbai. Goregaon region is well connected with the Western Highway and the Jogeshwari-Link Road (5.6 kilometres and 6.8 kilometres, respectively). So, if you need to travel to other parts of the city to reach your office place, then buying 1 BHK property for sale in Goregaon West is a good option. It is because this place offers hassle-free connectivity to the commercial locations on its north and south. Residents also have easy access to the city’s international airport.

The Lokhandwala-Malad Link Road, the Jogeshwari-Vikhroli Link Road, and SV Road also connect the area. The proposed under-construction Phase-III of the Mumbai Metro is also further expected to make the commute smoother for the residents travelling to and from the city centre.

About Goregaon region

Goregaon is one of the prominent suburbs of Mumbai, which has also become the residential and commercial hub of the Mumbai suburban region in the past few years because of its rapid urbanisation. And that\'s the reason it\'s one of the most sought-after residential and commercial destinations in the greater Mumbai region.

Some of the prominent areas which are situated in Goregaon are Oberoi Garden City, the Goregaon Film City, Nesco Complex, Bombay Exhibition Centre, Sanjay Gandhi National Park, Infinity IT Park, etc. Besides, the presence of top commercial centres in Goregaon makes the region one of the most prominent residential locations in Mumbai with the constant demand for housing- both purchase and lease. However, before you start looking for 1 BHK property for sale in Goregaon West, you need to know that Goregaon West is a silent residential destination. Although Goregaon East forms the centre of all the commercial activity in the region.

Projects in Goregaon

New real estate projects in the western suburbs have increased substantially over the past few years due to the establishment of new commercial offices in the Goregaon-Andheri belt. Goregaon west has benefited substantially from these developments, and yet it offers you affordable homes, unlike other suburban housing hubs like Bandra and Andheri. In fact, if you are investing in a luxury property in south Mumbai, it\'s immensely capital-intensive. At the same price, you can get as good a project in Goregaon west, where the appreciation rates are faster. So opting for 1 BHK property for sale in Goregaon West can prove to be a great deal of investment for you.

Concluding Remarks

As you have read the above article, you would have come to know that the real estate market in Goregaon will only grow in the years to come and provide a huge appreciation for real estate investors. So now, if you are planning to buy 1 bhk in Goregaon west near a station or looking for 2 bhk property for sale in Goregaon West, visit The Chandak Group - www.chandakgroup.com. They will offer you some of the best property deals in your budget.