Why Is There a Rise in the Demand for Affordable Luxury Homes in Goregaon?

Previously, all the major real estate developers in Mumbai preferred introducing their new projects in areas like Andheri, Bandra, Juhu, Khar and other places. This was because of the ever-increasing opportunities and better quality of connectivity in and around these places. But eventually, real estate developers started turning to other places Vile Parle, Malad and Goregaon. Today, you can find all types of housing options and even affordable luxury homes in Goregaon. And now, it has become one of the most preferred locations for people looking for luxury yet affordable residential projects in Mumbai. Let us look at what makes Goregaon one of the best hubs in the city for such homes.

Introduction of Attractive Residential Projects

As mentioned previously, the present-day Goregaon, both east and west, is blessed with some of the stunning residential properties by the leading real estate developers in Mumbai. Large townships projects and smaller complexes are being constructed by developers offering high-quality housing with amenities that previously were not available. Even IM Buildcon is coming up with luxurious 1 & 2 BHK homes in Goregaon west in our most-awaited project called Applaud38. 

You can get good luxury housing options in Goregaon and that too, at rates lower when compared to other luxury pockets olf Mumbai. Moreover, the infrastructural growth ensures that the property will fetch good returns in the coming time.

Increase of Lifestyle Options

When it comes to leisure and entertainment options in Mumbai, Goregaon is one of the best places. Goregaon West has the most stunning malls of the city like Inorbit Mall and Infiniti Mall Malad. Apart from these, Goregaon also houses the second trampoline park - Bounce. Talking about the eastern side of Goregaon, it is again home to Oberoi Mall - one of the leading malls in Mumbai - and all the amenities inside it. Both east and west have amazing hotels, cafes, restaurants, lounges and other options that can easily add entertainment to lives and upgrade lifestyle. For anyone who loves to enjoy a social life and make the most of entertainment elements, living in one of the luxury residential projects in Goregaon is a big advantage.

An Added Touch of Nature

Goregaon has too much to offer for people who love to live close to nature. Talking about Goregaon West, you can find several small gardens and parks that people turn to for spending quality time with their loved ones and take quick breaks from their mundane lifestyle for instant rejuvenation. On the other hand, Goregaon East has the upper hand as it has bigger and better natural beauties. Goregaon East has a long stretch of Aarey Colony and the greenlands around the area. Plus, there are a few hidden waterfalls, lakes and ponds in the core of Goregaon East and Aarey Colony which make the area a perfect picnic and leisure spot too. For anyone who is looking for short getaways to spend their weekends peacefully, Goregaon is an ideal place to live.

Much Affordable Compared to Luxury Pockets

Another major reason behind Goregaon's growth is that other areas including belts from Bandra - Andheri and Powai are non-affordable for many. This splits the demand to areas such as Goregaon, as property prices are more affordable here. Also, Goregaon lies between Andheri and Borivali, making it the centre of two key residential locations in the city. For anyone who cannot afford super lavish homes in other areas of Mumbai or don't wish to move to South Mumbai, Goregaon is an ideal place to be at. Why would people not crave luxury residential projects in Goregaon when they can afford the similar amenities and lifestyle that are at par with that offered by luxurious projects in the posh and most popular neighbourhoods of the city? And considering all the other factors that matter for a perfect life, Goregaon is gaining immense popularity. 

Excellent Connectivity to The Rest of Mumbai

People who work in the major commercial hubs of Mumbai like Powai, BKC Andheri East, Malad Mindspace, Airoli, Lower Parel, etc., Goregaon has amazing connectivity options available. Major roadways like SV Road and New Link Road run right through Goregaon West, connecting the area to Bandra in a straight path. The NH 48 or Western Express Highway connects directly to the southern and northern parts of the city. Powai and Navi Mumbai are easily accessible through Aarey Colony Road and Eastern Express Highway. Moreover, also known as the lifeline of Mumbai - the local trains - make it easier and time-saving to commute to any part of the city. And not to forget, the first Metro line is just a few minutes away. All these factors and the upcoming metro lines on highway and New Link Road make Goregaon a hub for increasing popularity of residential projects in Mumbai.

Closer to a Celebrity Life

For people who prefer living closer to various celebrities, Goregaon has the upper hand there as well. Several stars from Bollywood and TV industry live in Goregaon East and West. Actors like Hema Malini, Ayushmann Khurrana, Gauhar Khan, Rubina Dilaik and Abhinav Shukla, Meiyang Chang and many more live in various parts of Goregaon East and West. Ranveer Singh also has a property near Film City where he resides from time to time. This gives the area a good occupant profile attracting buyers who look for luxurious apartments amid high-profile people and celebrities. And it goes without saying why affordable luxury homes in Goregaon are gaining more popularity among this set of people.

Now that you know why old and new residential projects in Goregaon are gaining popularity, you can decide for yourself too. Buying a home in Mumbai can be tricky. But when you have so many benefits, you can consider buying a home in Goregaon and simplify the home buying process for yourself. No matter what your expectations are, you will surely get an affordable luxury home in this part of Mumbai Suburbs. All you have to do is select one of the leading real estate developers in Mumbai and pick the right house.