Reasons why Chembur is one of the aspired locales for quality lifestyle
All the suburbs on the Harbour Line of Mumbai have presented a wholesome residential sector. The impeccable connectivity, gated community, better infrastructure, & decent real estate market have all accounted for these trusted locales. Chembur was an emerging name in the past decade that is now established as one of the sought-after locales, with an exponential appreciation of Properties in Chembur.
Infrastructural TransformationBrihan Mumbai Municipal Corporation (BMC) formulated a plan
for infrastructural development in Chembur, given the lack of proper linking to
the southern suburbs. To resolve this issue, new projects in Chembur were proposed that will serve as the bridge
between the opposite spectrums.
The Eastern Freeway and Santacruz-Chembur Link Road propelled an
infrastructural chain of events, leading Chembur to the epicentre. This
interlink has connected Chembur to South Mumbai in under 25 minutes via the
eastern freeway. Subsequently, there occurred an influx of the Best Residential Projects in Chembur. The prices of these projects in Chembur were quadrupled in
under a decade, owing to easier commute.
Connectivity
that impacted Chembur Real estate
-
Chembur-Wadala monorail was the
first-ever project in Chembur that granted a faster commute to Wadala, Dadar,
Prabhadevi, and many such influential areas.
- The
Metro station in Ghatkopar was yet another boon for the Chembur real estate as working professionals found the perfect
medium to travel to the western suburbs. One can also access the Mumbai
International Airport in just 25 mins from Chembur.
-
BEST buses are the primary mode of
transport from Chembur for economical means. The mid-segment has established
prominence with demand for 1 BHK flats
in Chembur.
-
Chembur is the central node on the Mumbai
Suburban Railway Network that connects to Western Line, Central Line, Navi
Mumbai, and South Mumbai. Poddar Spraha
Diamond is a premium project offering 1,1.5, & 2 BHK flats in Chembur, located just a couple of minutes from the
station.
Overall, the feasible connectivity has propelled the demand
for apartments in Chembur.
Steady valuations
Even during the pandemic, the real estate market in Chembur
saw steady progress owing to the fundamental services. The robust healthcare
structure allowed the residents swift access during emergencies. Also, some of
the top-tier educational institutes are located here, thus elevating the demand
for Flats in Chembur.
In
Conclusion:
Chembur has accumulated a substantial valuation in real estate
over the years that are yielding better returns for the investors. According to
industry experts, a similar momentum can be expected in the coming years.
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