If you are looking for a home or want to invest in Mumbai’s real estate, Worli is an ideal location in terms of its posh neighbourhoods and quality of living. With several upcoming residential properties for sale in Worli, it is the right time for you to buy an apartment as prices and demand for real estate markets have come down after the pandemic.
A recent analysis by Liases Foras Real Estate Rating and Research Pvt. Ltd. found that there is an increase in the number of unsold residential properties for sale in Worli, costing an average of INR 100 million. The market of luxury residential properties for sale in Worli is expected to be the most affected real estate segment in Mumbai as wealthy homebuyers may wait for analysing the fluctuations in the market.
Chandak Group, a leading real estate developer in Mumbai, has upcoming luxury apartments for sale in Worli, project named Cornerstone in the heart of the area. One of the salient features of these luxury apartments for sale in Worli is the view of the Arabian Sea and Mahalaxmi Race Course. The property has luxurious apartments of 4 BHK and 2 BHK for sale in Worli with facilities of delightful urban living. Each floor of the property has 4 apartments. The property lives up to the name Cornerstone with a unique design that makes every home a corner apartment. These luxury apartments for sale in Worli offers buyers with a 'twin' option that combines two apartments into one expansive home.
The highlight feature of Worli is its seaside promenade, with views of the Arabian Sea and the striking Bandra-Worli Sea Link cable-bridge. The location is close to the Bandra-Worli Sea link and has excellent connectivity to major locations in the city. It also has easy access to the upcoming Metro and MonoRail. The luxurious 2 BHK apartments at Worli make for an ideal living and investment option with its proximity to leading educational institutions, hospitals, malls and shopping hubs. It is also close to the elite neighbourhood and leading business houses. Worli is a fast emerging location in Mumbai city with several completed and upcoming infrastructure projects. The region is also approved for connectivity from Bandra to Versova and has proposed connectivity up to Nariman Point. The sea face in Worli has attractions including the “Common Man” sculpture depicting a popular cartoon character created by sculptor Suresh Sakpal.
Worli is emerging with several expensive real estate projects and most of the leading realty developers are focusing on completing their ongoing projects to open their sales when the market gets stable. Developers who are financially more stable are looking forward to the demand to get resumed. Top developers expect that Worli will be sought after by wealthy Indians who wish to relocate their base from different parts of Mumbai city to luxury Apartments for sale in Worli.
The real estate sector in the city hasn’t yet arrived on a decision about how to further in the business. High-end properties are working along with real estate consultants to focus on attractive deals for the end-customer segment with liquidity. Experts in this sector suggest that there may be a shift in the target market which include professionals such as top doctors, health professionals and pharmaceutical company owners who will be financially capable of affording a high-end property. Despite the crisis in the overall real estate market, these high profile real estate developers are focusing on completing their exclusive projects, mostly luxurious 2 BHK apartments in Worli, for the chosen few. Developers like Chandak Group are gaining stability against cashflow issues and increased pressure to deliver their project on time.
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