Under Construction Projects in Great Demand in Mumbai

There is a renewed interest in Buying a New Home in Mumbai. Projects by Godrej, Ajmera, Oberoi, Runwal, Hiranandani, Raheja Universal have shown immense interest from home buyers.

Before the end of 2022, both the Metro Lines from Dahisar East/West to Andheri East/West should commence and that will be a boon for travellers commuting between these locations. Its anticipated due to the heavy movement in these locations that a lot of commuters will go up on the Metro and the link road and the express highway may just get a little less congested. Even if the Metro take away 20-25% of the Commute load from the main roads the traffic congestions will ease.

Owing to the above, the demand fro real estate is likely to be be profound in the Western Suburbs to begin with. Central Mumbai infrastructure is also building up well and with the Trans Harbour link a lot of traffic going out of South Mumbai towards Lonavala - Pune etc will disappear from the Chembur - Ghatkopar belt and move towards Sewri and down to the otherside.

Commuting and infrastructure go hand in hand and so do real estate prices in Mumbai. Its advisable to take any property which is closer to Metro stations so that your connectivity in moving within the city is easy and not hampered by long travels.

 

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