Top 5 Locations and Posh Areas in Mumbai

 

Living the high life: Mumbai’s luxurious locales

A cosmopolitan city teeming with possibilities, Mumbai is not dubbed the city of dreams for nothing. Scores of people migrate to the country’s financial capital in search of success and status, and the city is a gift that keeps giving to the ones who achieve it.

Its rich cultural heritage, cutting-edge amenities, and alluring neighbourhoods promise a life of luxury and comfort.

Here are a few localities that let you glimpse the high-end lifestyle:

South Mumbai:

A home in South Mumbai, or SoBo, signals luxury and status like no other locality.

Areas like Marine Drive, Colaba, Malabar Hill, and Cuffe Parade offer endless views of the Arabian Sea and a blend of historic colonial architecture and glinting glass towers.

South Mumbai houses numerous reputed educational, cultural and healthcare institutions, and is a financial and administrative epicentre.

It boasts a vibrant lifestyle with its range of upscale restaurants, luxurious boutiques, and entertainment facilities.

The locality features an array of residences, from quaint Art Deco apartments and colonial-age villas to luxurious residential towers promising modern amenities and sky-high glimpses of the cityscape.

So get a taste of luxury with Shapoorji Pallonji Real Estate (SPRE).

Enjoy the magnificent sea views and take the luxury to pause in the city that never sleeps with The Odyssey. Located near the iconic Marine Drive, their elegant 3 BHK homes let you experience the unique history of South Mumbai firsthand.

Or indulge in grandeur with the Vantage Series at The Minerva, India’s tallest residential tower. Their luxurious 3.5 and 4 Bed residences offer a bird’s eye view of the city from their 300 m tall tower.

To learn more about SPRE’s state-of-the-art apartments, click here — https://shapoorjirealestate.com/

Bandra:

Bandra, the ‘Queen of the suburbs’ is one of the most desirable localities of the city. With its eclectic mix of gourmet restaurants, seaside promenades, and vibrant streets featuring Indo-Portuguese architecture, it is little wonder that numerous Bollywood celebrities call Bandra their home.

The localities of Bandstand, Bandra-Kurla Complex (BKC), Pali Hill, Carter Road, etc are especially sought after for their luxurious residential properties and elegant neighbourhoods.

Find your dream home at the prime location of BKC among the elegant 2 BHK offerings of Shapoorji Pallonji’s BKC 28 and their 2 and 3 BHK offerings at BKC 9.

Enjoy mesmerising views of the Bandra skyline and indulge in an elevated lifestyle at this luxurious destination.

Juhu:

Juhu is another northern suburb that offers luxurious residences, from sprawling villas to elegant sea-facing apartments, and is one of the most expensive localities in the city.

Bumping into a celebrity is a common occurrence here, so much so that Juhu is often dubbed the ‘Beverly Hills of Bollywood’. The locale features popular attractions like the Juhu Beach, trendy restaurants and cafes, and arts establishments like theatres and comedy clubs.

Enjoy the high-end life in Juhu’s various gated communities or stand-alone bungalows.

Worli:

The sea-facing locality features some of the most expensive residences in the city. The area offers a well-balanced lifestyle due to its optimal location next to the city’s financial hubs and the northern suburb of Bandra, offering the perfect mix of work and pleasure.

One can enjoy magnificent views of the Arabian Sea, the iconic Bandra-Worli Sea Link, the towering skyline, and the expansive grounds of the Mahalaxmi Race Course here. The area also houses many high-end restaurants, shopping centres, and nightclubs, making for a vibrant nightlife.

Powai:

The locality of Powai is popular for its unique architecture and comprehensive planning. The area houses luxurious apartments and serene neighbourhoods, upscale restaurants, and vibrant entertainment facilities. It is popular among working professionals due to its proximity to major employment centres and also houses the prestigious IIT Bombay campus. One can enjoy scenic views of Powai Lake, a popular jogging and picnic spot.

Why you should invest in Virar?

 

Virar is a suburban town in the northern part of the Mumbai Metropolitan Region in Maharashtra, India. It is approximately 60 km from Mumbai and is known for its beautiful beaches, historical sites, and religious places.

The town is also known for its unique blend of traditional and modern culture, making it a popular tourist destination for local and international visitors. Whether you are interested in exploring its history, enjoying its natural beauty, or simply relaxing on its beaches, Virar has something for everyone.

Over the years, Virar has also become one of the prospective destinations for affordable and good-quality homes in the Mumbai Metropolitan Region. It has witnessed a steady growth in property rates in the past few years.

Let us look at reasons why you should consider investing in Virar in 2023.

• Affordable prices: The property prices in Virar are comparatively lower than in many other cities in the Mumbai Metropolitan Region (MMR), making it an attractive destination for those looking to invest in real estate. According to Magicbricks, the cost per square foot ranges from Rs.3,700 to Rs.5,800.
• Good connectivity: Virar is well-connected to Mumbai via the Western Express Highway. The Virar railway station is a major junction on the Western Line of the Mumbai Suburban Railway. The upcoming Virar-Alibaug corridor will further improve connectivity. Metro Line 13, which connects to Virar, is expected to start in 2026.
• Developing infrastructure: The government and many private sector companies are investing in Virar’s infrastructure today, including roads, railways, and civic amenities like hospitals, schools, and parks. Many shopping centres, recreational spaces, and entertainment zones have come up in the area.
• Growing employment opportunities: The Virar-Vasai industrial belt is home to several large industries, including manufacturing, pharmaceuticals, and textiles, providing employment opportunities to locals and migrants alike. It is also close to top commercial and industrial in Mumbai, with seamless road and railway connections.
• Peaceful environment: One of the top features of living in Virar is the peaceful atmosphere of the region, as it is located on the outskirts of Mumbai and away from the hustle and bustle of city life. Virar also has many scenic and green areas that provide soothing relief from the stressful daily routine.
• Proximity to beaches and other destinations: As Virar is close to the coastline, there are many beaches near the region. Stunning beaches like the Rajodi, Navapur, Arnala, and Kalamb Beaches are all nearby. Furthermore, Virar is also close to historic destinations like the Vasai Fort and the Arnala Fort. There are also many resorts, hotels, adventure camps, and religious places of worship in and around the Virar region.

Overall, Virar offers a good combination of affordability, connectivity, infrastructure, employment opportunities, and natural beauty, making it a great place to invest in real estate. Shapoorji Pallonji’s Joyville Virar is one real estate development to consider in Virar.

To know more about Joyville Virar, its prices, and offers, visit https://www.joyvillehomes.com/joyville-virar/ today.

Originally published at http://realestateandepc.wordpress.com on April 12, 2023.

Best Localities to Live in Pune

Over the years, Pune has become a pick for many individuals moving to another city. The reason is the diverse educational, employment, and living opportunities. With a reasonable cost of living, a multicultural environment, and pleasant weather, Pune is a city to consider as you choose your next destination.

This article can be a guide to help you find the best places in Pune to buy flats and apartments.

Why is Pune famous among migrants?

Pune has already established itself as a hotpot of various cultures blending to make living experiences like no other. Pune also has well-established educational institutions all around. Therefore, Pune is an aspiring city to live in for young people. Apart from that, Pune is also developing into the IT hub of India with many startups and businesses in the tech industry.

You will always find Punekars bragging about the weather conditions, and we would not complain! With cool winters, moderately hot summers, and adequate rains in the monsoon season, Pune has liveable weather conditions all year round. Pune also has a thriving nightlife which may attract young individuals with events happening in the city almost every other night. For families, Pune has high-end franchise outlets in large malls. Therefore, Pune has something in store for everyone.

What are the best localities to live in Pune?

Some of the best residential areas in Pune would include Hinjawadi, Bavdhan area, and Hadapsar. With stunning offerings in each of these areas, ease of connectivity with each other, and top-notch retail spaces, these are some of the places where people dream of living.

Let us look at each of these places in detail.

Hinjawadi

Hinjawadi is a quickly developing suburban area in Pune that has seen an influx of migrants over the past few years due to the rise of the IT, manufacturing, and biotechnology industries and businesses. Hinjawadi offers seamless roadway connectivity to some of the best surrounding regions too. With premium housing spaces, including Shapoorji Pallonji’s Joyville Hinjawadi and Sensorium, Hinjawadi is one of the best areas to live in Pune.

Bavdhan

The entire Bavdhan area, owing to its development in recent years, has made it an aspiring place to live, especially for budding and professional IT and tech-based employees. With modern infrastructure, and educational and entertainment facilities, the area of Bavdhan is desired by many. There has been rapid development in and around the Bavdhan area in real estate. Shapoorji Pallonji’s Vanaha and Vanaha Springs offer some of the best apartments in the Bavdhan area with easy connectivity to the city and the goodness of nature with wide and scenic open spaces.

Hadapsar

Retail and social infrastructures in Hadapsar are envious, with everything you need close at hand. It is also close to the IT hubs of Hinjawadi and Phursungi, making it an ideal place for professionals and entrepreneurs. Hadapsar has seen high demand for and in the supply of housing opportunities over the past few years. It also has proximity to the airport, railway station, and NH-65. Shapoorji Pallonji’s Joyville Skyluxe and Joyville Hadapsar Annexe are prime residential spaces in Hadapsar that you should check out.

To conclude, Pune is a top choice for migrants and people looking for new cities to move to in search of education, jobs, and better family life. Shapoorji Pallonji Real Estate offers wonderful residential spaces with top-notch amenities to suit all your needs.

This article was already published at — https://realestateandepc.wordpress.com/2023/02/17/best-localities-to-live-in-pune/

Best Indian cities to invest in a residential property this festive season

 

As the real estate market picks up post the COVID-19 pandemic, 2021 promises to see more demand than ever. The stagnant property prices in the major Indian cities have begun to take a positive turn while attractive offers and discounts have also emerged. Homebuyers can get the best result out of this situation this festive season with the option of deferred payments and banks offering the lowest home loan rates in a decade with some also foregoing charges. 

Major banks like State Bank of India, Kotak Mahindra Bank, Punjab National Bank, Bank of Baroda are among the banks who have slashed their home loan rates by around 15-60 basis points to 6.5% or 6.7%. This has buyers and investors excited with 35% of urban Indians between 25 and 44 years old planning to invest in real estate over the next six months, as found in a survey.

With all this in mind, let’s take a look at which Indian cities are the ideal location to make the most of these investment opportunities.

Navi Mumbai

Navi Mumbai has been seeing a steady growth in terms of real estate opportunities and it only promises to grow further. The upcoming Navi Mumbai International Airport, expected to be completed by 2024, will catapult real estate appreciation in the city. Additionally, CIDCO’s housing scheme will provide 90,000 flats to homebuyers in the Economically Weaker Section (EWS) and Middle-income Group (MIG).

Pune

This major Indian city drives 13% of Maharashtra’s GDP and is also the 3rd largest contributor to India’s IT exports. This megacity is constantly developing to greater highs in terms of connectivity, technology, and industry.  Pune has been consistently providing employment across sectors including IT, financial services, and manufacturing. Over 18,000 newly launched projects emerged just in the 1st quarter of 2021 with around 75% increase in real estate sales. There is no better signifier that Pune offers an exciting return on investment to home buyers.

Shapoorji Pallonji Vanaha – Book 1, 2 & 3 BHK flats in Pune amidst 6 acres in Pune, starting at Rs.37.5 lakh.

Thane

Thane offers the dual benefit of excellent accessibility to Mumbai along with affordability to real estate investors. This area has seen a steady expansion of commercial as well as social infrastructure, leading to great appreciation and rental yield with an increase of 20% in the 1st quarter of 2021. The upcoming metro project will only improve the connectivity to Thane and reduce traveling time by 50%. There is also the upcoming Kalyan business district to bring employment opportunities to the area.

Shapoorji Pallonji Northern Lights – Book 2 BHK Flats at Pokhran Road 2, Thane West starting at Rs.1.27 Cr.+*

Bangalore

This industrial and employment hub has been gradually improving in the real estate market as well. It accommodates leading IT giants like Infosys, IBM, Google, Wipro, and more. In addition, it has also seen an 18% increase in real estate sales in the first quarter of 2021, as per the India Residential Market Update – Knight Frank Report.

Shapoorji Pallonji Parkwest 2.0 – Book Luxury 2 & 3 BHK Apartment in Binnypet, Bengaluru starting at Rs.1.25 Cr.* and Rs.1.85 Cr.* respectively.

Chennai

This city has seen over 4,500 new housing units including those by A-grade developers just in the first quarter of 2021. This coupled with the availability of discount deals and low-interest rates has resulted in a surge of real estate purchases. The new Chennai-Bangalore highway being planned by the National Highways Authority of India (NHAI) will reduce the distance between the cities by 50-60 km. 

Hyderabad

Apart from being a major center for the tech industry, Hyderabad is one of the most affordable cities for investments with great infrastructure. It also has excellent connectivity through a network of highways like NH-163, NH-765 NH-44, NH-65. The state also has 56 notified Special Economic Zones (SEZs) which are the highest in India of which 34 are operational which are the 2nd highest in India. Considering this entrepreneurial hotspot, low cost of living, excellent connectivity, there was an 80% growth in real estate sales here.

Ahmedabad 

This city has a real estate growth of 2-4% each year and, following the halt during the pandemic, capital and rental values have now started to increase. The city has a robust public transport system and it is set up to become among the first 20 smart cities in India. AUDA (Ahmedabad Urban Development Authority) also plans to develop 6,800 hectares in the periphery of the city which will eventually provide plenty of residential opportunities.