When we think of Mumbai, most people consider the southern areas to be more developed in terms of standard of living and job opportunities. While this is true on most counts, the rise in the development of other suburbs in the city has given people more options to look at when looking for an investment option.
In recent years, a number of areas in Mumbai have seen a spike in the standard of living and the quality of facilities and amenities provided, making these areas top the list of potential suburbs to be considered high-end. Some of the areas include the following:
Chembur: In close proximity to both southern and central parts of Mumbai, Chembur has seen an increasing infrastructural development in the past years. The introduction of monorails and the proposal of upcoming metro-phase are further bonuses to living in this area apart from easy access to the best of the amenities and connectivity through SCLR.
Mulund: Mulund is one of the rare suburbs of Mumbai that is home to as much greenery as it is to residential and commercial properties. A perfect blend of nature and infrastructural development, the upcoming projects in Mulund East are worth the investment for those looking for residential spaces that are peaceful to live in. The proximity of the eastern express highway and the railway station makes it an even more appealing place to live in.
Ghodbunder Road: Once a lonely stretch of road, the bustling commercial properties in Ghodbunder Road have changed the way it is perceived. More and more people have shown an interest in the area both as a commercial and personal investment. Offering connectivity through the eastern and western express highway to other parts of the city increases its attraction for many. The low prices of properties in comparison to other developing areas also make it a great investment option.
Numerous other Mumbai suburb too are pacing fast to catch up to these rapidly developing areas with newer commercial projects and upcoming residential colonies that are self-sufficient and luxurious.
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