Wednesday 20 May 2020

Borivali, Mumbai’s Primary Residential Zone— A Favourite Among Real Estate Investors

If you are looking to invest in an apartment in Mumbai, you have to consider the location, scope of the project & development, connectivity, quality of life, existing and upcoming social infrastructure, pricing and rental trends, and prospects. You must conduct some secondary research on the internet, attend real estate forums, visit real estate expo or get information through brokers to know about the real estate project and the developer.
Social media platforms like Facebook and Instagram are playing a significant role in helping real estate developers to reach out to their targeted audience in a faster, effective way. Home buyers and real estate investors make decisions on buying an apartment through the sponsored advertisements that they see on the social media channels. As you are about to make a lifetime investment, you should prioritise on making a site visit to ensure that your expectations are being met by our choice of property. Having an understanding of the pricing trends in the real estate market will help you make an informed choice about the type of apartment of your budget. There is a huge demand for smart 2 BHK apartments on SV Road in Borivali because of its easy connectivity with major locations in Mumbai. Borivali, which is Mumbai’s primary residential zone, boasts of its affluent coastal suburb located at its north-western end. 
 
Chandak Group, a leading real estate developer based in Mumbai, has two upcoming residential property for sale on S V Road namely Chandak Next and Nischay. The projects have amenities like amphitheatre, clubhouse, outdoor gym, games promenade, jogging track, kids play area, multipurpose court, multipurpose lawn, senior citizen sit-out and yoga lawn. Chandak Group, which has been in Mumbai’s real estate sector for more than 30 years, has already delivered luxurious homes to over 4000 families. The company considers on-time delivery to be important for quality commitment and customer satisfaction and has a proven track record of delivering projects months ahead of the committed completion date.
The Group’s two apartments on SV road are just a 10 min drive from the Borivali (E) station and is easily accessible from Western Express Highway and Link Road. The property is in proximity to some of the best hospitals, educational institutions, entertainment centres, and shopping malls. The Borivali region also consists of the Veer SavarkarUdyan on LokmanyaTilak Road which can be accessed from T.P.S. Road, Factory Lane and Babhai. The lakeside park has facilities like jogging track, boating area, kids' play-garden and skating.
Buying a property in Mumbai will be a good investment option as the prices have come down in 2020. The monthly rent for smart 1 BHK Apartments on S V Road ranges from INR 25,000 to 35,000. The huge competition in the real estate market in Mumbai has reflected in developers offering the housing of better quality. Developers are also prioritising on completing and delivering the project at the earliest to build trust and loyalty among customers. Projects undertaken by leading developers like Chandak Group are high on demand by potential homebuyers.
 
SV Road in Borivali is a popular location for many real estate investors considering its better quality of lifestyle. The real estate properties located on SV road attracts home buyers who come from various parts of the country for living, education, career and investment. The implementation of GST and the regulations by Maharashtra Real Estate Regulatory Authority (MahaRERA) is encouraging more investors in the real estate industry across Mumbai. Leading real estate companies are focusing on delivering quality in their project by bringing together the involvement of highly qualified people and the latest construction technologies. The quest for betterment in residential apartments in the city is prompting developers to set new standards of living quality and customer service through innovative design and technology.

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