Residential Properties in Parel

If you are looking at options to make a substantial investment in the city’s growing real estate sector, your number one choice should be to consider residential properties in Parel. Part of the commercial and economic centre, this locale of the city is a surefire goldmine for property investment. Any real estate venture in Parel, regardless of size or structure is bound to appreciate quite a bit in value and worth in the years to come, making the vicinity an excellent selection for investors of all segments.

Even though, Parel was once home to the middle class and lower middle class, who primarily worked in the area’s mills, today not many can afford to buy a decent sized property in this part of the city. With Mumbai growing leaps and bounds each year and holding its ground as one of the costliest places in Asia as far as real estate goes, it is no wonder that most developers who have invested in construction activities in Parel are targeting the upper middle class and affluent class segments of the market.

New projects that can be seen here are all high-rises aiming to touch the sky. These buildings have changed the look and feel of the commercial hub, making it emerge as a classy residential area as well. Subsequently, some of the leading developers of the city have ongoing residential projects in the area. These complexes look a world apart from the ones that have been built a decade ago or so, in terms of style, amenities, structure and design as well. Upcoming or ongoing residential projects throughout the city today have a contemporary air about them. A majority of them are designed or styled by international specialists that give them a touch of a state of the art chic feel. These properties are not just made and sold at a premium as per their space and location, but are made intelligently to better the standard and quality of living of the occupant. Such projects are equipped with all modern day amenities and facilities.

Residential projects in Parel also have other benefits, besides the great returns the investment guarantees. One of the major advantages that the business residents see in this area is the pride of address. Another benefit is that while you are close to your workplace and business centre, there are a number of reputed schools and colleges in the vicinity for your children. Parel has always been a centre for commercial activity, and with such beautiful options for housing available for businessmen and executives, you don’t have to look any further to put your hard earned cash to good use. Also, if you do not wish to live in the flat, you can lease or rent the place out and earn a parallel income.

Best Residential Projects in BKC

The emergence of the Bandra Kurla Complex has somewhat changed the look of this area in the heart of Mumbai, not to mention the increase in demand for housing complexes it has created in the past few years. In view of the fact that this part of the city houses commercial giants like ICICI Bank, CMC, Reliance, NSE, Citibank, NABARD, IL & FS, Asian Heart, Bharat Diamond Bourse, and the technology park for some of the biggest IT companies, it does not come as a surprise that the best residential projects in BKC are built keeping the white collar executive segment of the workforce in mind.

There are a number of celebrated developers of the city that have new, ongoing or upcoming residential construction activity in progress in many parts of the BKC. A majority of these projects include state of the art amenities like gymnasiums, club houses, large play areas, gardens, multiple elevators, ample parking for residents as well as visitors, etc. The leading developers and builders in Mumbai are now concentrating on coming up with projects that have an edge over the competition. And this is not about selling the properties and flats as the demand for housing space is high; it is about providing the investor his money’s worth, creating something that is exclusive and unique, building a trusting relationship and in turn brand loyalty for the investor, and keeping the reputation of the company intact in the market.

Today, developers are investing in foreign talent for designing the projects, employing some of the top interior designers of the country to make project sustainable and feasible for the consumer, putting in extra efforts to make the projects eco-friendly, etc. With over 400000 people traveling to and fro from Bandra Kurla Complex daily for work, the vicinity still prides itself on being one of the few areas in the city with high quality amenities, great infrastructure, and beautifully designed buildings. A part of the credit for this goes straight to the MMRDA, which has taken crucial steps to develop BKC as a business hub, equipped with all the facilities and civil infrastructure needed for convenient living and transportation.

In addition to having some of the top companies, BKC also abodes one of the best exhibition venues of the city, Mahim National Park, well-known hospitals, restaurants, hotels, international schools, Mumbai Cricket Association’s cricket club, among others. And now with the development of best residential projects in BKC, investors who are looking to buy a home in or near Bandra Kurla Complex to live close to their office or work can stop their hunt. Plus, both capital as well as rental values here are sure to see good appreciation rates; an investment here is a wise decision.

Buy a Home in Chembur

Owning a house or any type of property in Mumbai is a dream for any and everyone who lives here. A large part of it has to do with the fact that any real estate investment in the city is bound to get high returns. But not everyone can afford to buy property in the heart of the city, and more and more investors and first home buyers are looking towards the outskirts of Mumbai to make a sound investment. There are many today, who opt to buy a home in Chembur or Malad for the price advantage such areas offer as compared to Dadar, Parel, Parle, Khar, etc.

Chembur is bordered by the suburbs of Deonar, Mahul, Govandi, Chunabhatti, Kurla, and Ghatkopar, but has emerged as a leading potential place for new residential construction activity due to its marked advantages over the neighbouring areas. With a monorail line and metro coming up soon in this part of the city, and auto-riskshaws, BEST buses, taxis and trains already present for the convenience of the many commuters, the place is said to be one of the best connected outskirt suburb of Mumbai and an important centre for people traveling to Pune or Nashik. Chembur also houses the Chembur railway station, the Tilak Nagar Harbour Line railway station and the Lokmanya Tilak Terminus.

The area is home to a number of large and small scale industries, offices, retail outlets, multi product stores, and shopping malls, in addition to a range of restaurants targeted at the many segments of customers. Plus, it has many public spaces such as Tilak Nagar grounds, Jawahar Grounds, Gandhi Maidan, Subhash Nagar Maidan, Diamond Garden, Ambedkar Udyan, etc., which are used for sports or other recreational activities by the locals. Mumbai’s prominent golf club, the Bombay Presidency Golf Club is also situated in the eastern part of Chembur. With Municipal Swimming Pools, many playgrounds, gymnasiums, libraries and the like, this area of the city makes a great place to bring up a family.

Some of the most famous colleges located here are Chembur Comprehensive College of Education, Mahatma College, Mahatma Education Society Night college of Commerce, Mahavir Education Trust’s Shah & Ancher Kuchi Engineering College, N G Acharya & D K Marathe College of Arts, Science & Commerce, Sree Narayan Mandira Samiti’s Commerce College, Swami Vivekanand College, and Vivekanand Education Society’s College, while the schools located in the area are Sevadaan Special School, St. Sebastian’s High School, Chembur Karnatak High School, O.L.P.S High School, Swami Vivekanand High School, St. Anthony’s Girls High School, Adarsha Vidyalaya, St. Gregorious School, Modern English High School, B.A.R.C High School, Lokmanya Tilak High School, and Chembur English High School.

If you buy a home in Chembur, not only will it be affordable and convenient for you, but also be safe and enjoyable for your family. With so many recreational activities, good educational institutes, and social infrastructure available in this beautiful green suburb of Mumbai, why go any further?