Shortlisted Projects
Total Projects: 6
With the launch of several new residential projects in Mumbai, the city has become one of the favorite destinations for real estate market in the country. Factors such as infrastructural development and improved connectivity have escalated the demand for residential property in East Mumbai to a great extent. Borivali East is a prominent residential zone in the city of Mumbai which is witnessing the launch of numerous new projects at present.
Planning to invest in new upcoming residential projects in Borivali East is a wise decision because the area is well connected to both Dahisar and Andheri. Some of the popular localities in this region include Chintamani Nagar, Jai Jawan Nagar, Abhinav Nagar, Chinchpada, MagaThane, Dattapada and Nancy Colony. Borivali East enjoys its proximity to the Western Express Highway which proves to be a major advantage in terms of connectivity. Another important connectivity lifeline for the residents of this particular region is the Swami Vivekanand Road (S.V. Road). Talking about the various modes of conveyance that the area offers, it may be pointed out that there are several bus stops in the area. The Central railway station is situated at a distance of only 35 Kms and can also be easily accessed from here. Moreover, the upcoming metro services and monorail networks are expected to improve the overall connectivity in the area to a great extent. The international airport lies only 18 Kms away from the place. Other modes of transport in the locality include auto-rickshaws and taxis.
It is a known fact that the growth and development of real estate market in an area is directly proportional to the number of upcoming and ready to move housing projects in that area. Several new upcoming projects in Borivalli East are being launched by the leading developers of the area. Some of the prominent projects of this locality are Oberoi Realty Borivali, Rustomjee Summit, Oberoi Sky City, Kanakia Spaces Country Park and Bhoomi Flora to name only a few among several others. It has been observed that the prices of residential properties have increased by approximately 1.7% in the area and the average price stands at around Rs.14, 620 per square feet.
Borivali East houses some of the reputed schools in the neighborhood that include the St John’s School, Garden High School and Seth M K High School and others. The two noteworthy colleges in the locality are St Rocks College of Commerce and Science and Gokhale College and the Institute of Management Studies. Some of the well-known hospitals in the region are Crystal Hospital, Parmar Hospital and Shatabdi Hospital. The Raghuleela Mall, Indraprastha Shopping Mall and V Mall are some of the eminent malls here that cater to the shopping needs of the people of this area. Moreover, the presence of the branches of some of the major banks in the locality makes the lives of the residents much easier. The new development in Borivali East promises a good scope of price appreciation thereby attracting more numbers of home buyers these days.
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