New Projects in Borivali, Mumbai – Houssed

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About Borivali, Mumbai

Borivali, a thriving suburban community in Mumbai's northwest, with a long history that dates back to the British colonial era. The word “Borivali” comes from the English word “borr,” which refers to the delicious fruit that grows abundantly in the region.

Borivali has convenient access to the Western Express Highway, linking it to other sections of the city, and is surrounded by upscale neighbourhoods such as Dahisar, Kandivali, Kulupwadi, Shantivan Complex Colony, and Raheja Estate. Sanjay Gandhi National Park, Fish Park, Kanheri Caves, and Mandapeshwar Caves are a few of the notable attractions.

The region's real estate market has been influenced by well-known developers including Oberoi Realty Limited, Rustomjee Builders, and Kanakia Spaces Realty. Borivali has become a major centre for real estate activity thanks to its flourishing trade and urban development.

Why Should You Invest in New Projects in Borivali?

Because of the area's recent strong development, investing in Borivali can result in substantial rewards. Well-known developers are actively involved in the neighbourhood, offering a variety of properties with a range of facilities to suit a range of budgets. These developers include Ekta World, Rustomjee, and Om Developers.

In addition, Borivali offers convenient access to hospitals, retail centres, hotels, malls, and a thriving eating scene that includes establishments like All Seasons Kitchen & Bar, Girgaon Katta, Welcome Hotel, Onyx Lounge, and Vakaoo Sports Lounge.

Price Trends of Borivali

Here is statistical data to understand the price trend in Borivali, Mumbai:

Disclaimer: All the prices mentioned above are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary per the developer, location, and amenities.

Top 5 Reasons to Invest in New Projects in Borivali

1: Flawless Connectivity

The locality is well-connected to all areas of Mumbai and outside via an excellent network of railways, roadways, airways and metro lines.

• Situated about 400 yards away via Main Carter Rd, Locale is served by Borivali Railway Station on the Mumbai Suburban Railway network's Western Line.
• The local metro station here is Magathane Metro Station on the Dahisar East-Andheri East Metro Line 7.
• Borivali is connected to other suburbs including Kandivali West, Dahisar East, and Mira Road by the Western Express Highway.
• A few important routes providing access to the area include SV Road, MG Road, and Main Carter Road.
• By Western Express Highway, the Chhatrapati Shivaji Maharaj International Airport is around 17 kilometres away from the location.
• Better commuting choices are provided by Navi Mumbai Municipal Transport (NMMT), which operates the bus service in the area.Kandivali and Film City Complex are within a 5-10 km radius of the locality.

2: Rising Property Values

Borivali has been built mostly as a residential centre and is in great demand because of its excellent location, good connectivity, and wealth of services. In Borivali, the average weighted price of an apartment is Rs. 27,750 per square foot; this is a significant rise of 6.2% in only the past year. This location offers a 10% rental return at the moment. Among the residential societies in the area, HDIL Dheeraj Upvan at 13.0% YOY, Sunteck Signia High at 32.7% YOY, and Paradigm Ariana Residency at 20.8% YOY.

3: Excellent Infrastructure

Borivali has first-rate social infrastructure, including top-notch schools, medical facilities, dining establishments, and leisure areas close by.

4: Prime Projects in the Vicinity

• Raghav Paradise
• Chandak Greenairy
• Paradigm Ariana Residency
• Chandak Nishchay
• Chandak Next
• Rustomjee Pinnacle
• Romell Allure

5: Employment Opportunities

Borivali houses important areas of employment in the vicinity, which makes it quite popular among the tenant community.

• Western Motorway Highway, Main Carter Road, and Mahatma Gandhi Road are the main thoroughfares with the majority of offices and retail stores.
• Existence of several IT parks within a 10-kilometer radius, such as Infinity IT Park, Nirlon Knowledge Park, and Nesco IT Park.
• By RM Bhattad Road, Kandivali Industrial Estate is only 6 kilometres from Borivali East.

Houssed Member since February 13, 2024