Owning a home in Mumbai is a dream for many, and admittedly a hefty one. With prices in older established areas always skyrocketing, spaces getting smaller, and the ever-growing demand for the next new prime location, getting your own abode often feels out of reach.
While areas like Bandra and South Bombay can seem aspirational, the reality is that for an average homebuyer, emerging neighbourhoods that offer modern facilities, without the extra premium tag are a better investment.
This is where locations like Goregaon shine bright. While the West side is already on its way to being the next hotspot, the East is also catching up, albeit with a different set of offerings. Many new residential projects in Goregaon offer more than just a house.
With a lifestyle where nature is close, spaces are better designed, and prices aren’t as exorbitant, flats in Goregaon offer a great return on investment for homebuyers. But don’t go merely by our word. Here are a few factors that will convince you to explore apartment buildings in Goregaon, whether you are looking for a 3bhk or a 2 bhk flat in Goregaon.
1.Connectivity
Nestled right in the heart of the city, Goregaon is also one of the best-connected areas to live in. Whether it is the Western Peripheral Highway offering quick connectivity to other parts of the city, the Goregaon railway station keeping you connected with other areas, or the upcoming Metro project expected to make commuting even easier, living in a flat in Goregaon means being well connected.
2.Proximity to big business locations
Mumbai sees more and more people moving in for work, it is the financial capital of the country for a reason. The neighbourhood is home to many big business locations like Mindspace Business Park and Nirlon Knowledge Park. If you are a professional in the city, getting a 2bhk in Goregaon Park makes sense not just financially but also because it cuts commute time significantly.
3.Competitive Pricing
Unlike many other neighbourhoods that either focus on luxury projects or those renowned for bachelor pads, apartment buildings in Goregaon have something for everyone. Whether you are looking for a 2bhk flat in Goregaon for your family, or looking to invest in luxury flats in Goregaon for your retirement, there are many good projects lined up.
Many residential projects in Goregaon also offer smaller units for people who want a pad but don’t intend to invest in a bigger house.
4.Planned urbanisation of the area
With a city as old and as bustling as Mumbai, Goregaon’s planned urbanisation is a breeze. The neighbourhood offers plenty of amenities for a good lifestyle in the city. With Aarey forest being close, living in Goregaon lets you experience nature right in the middle of the hustle and bustle. With gymkhana and numerous other fitness studios, staying healthy is easy, and with more and more cafes and restaurants opening up in the neighbourhood, you get to enjoy eating out without having to make a run for it across the city.
5.Multiple options
While you might be well aware of residential projects in Goregaon West, that is not what it is limited to. For homebuyers, options are plenty. The area near Oberoi Mall is buzzing, with its mix of new commercial and residential spots, premium co-working spaces, restaurants and brands. Aarey Colony is great for people who want a piece of calm in the maximum city. Shreyas Colony is an older development, perfect for big families, and Goregaon West, with its high rises has turned out to be quite popular with professionals looking for a blend of affordability with luxurious services on offer.
6.Affordable Luxury
While we are at it, let us also talk about how Goregaon is redefining luxury in Mumbai. Offering the best of amenities, without the steep price tag, as that of suburbs like Bandra, apartment buildings in Goregaon are perfect examples of affordable luxuries.
Getting a flat in Goregaon with the likes of Avalon Residency, Kalpataru Radiance, and Oberoi Exquisite gives you access to all these facilities, completely redefining opulence.
7.Future growth prospects
While many neighbourhoods in Mumbai have reached their peak potential and are quite saturated, Goregaon is still emerging. Not only does it offer future growth prospects for businesses, but it is also a great option if you are interested in investing in real estate for financial growth. Some of the best builders in Goregaon are creating townships which are ideal for anyone looking for a 4 bhk, 3 bhk or a 2 bhk flat in Goregaon. The location has, in the past few years, become more appealing for home buyers and investors alike because of the development of the new Mumbai Metro Line and the road networks that are being upgraded quite regularly.
Conclusion
Promising a great lifestyle with great connectivity, and lush greenery, Goregaon is one of the best areas in Mumbai to invest in real estate. When you have decided on the neighbourhood the next move is to start checking out the apartment buildings in Goregaon, both established as well as new upcoming projects.
The already established apartments can be a safer choice but newer projects like Avalon Residency not only offer strategic location and great connectivity but also a wide range of top notch amenities including swimming pool, gym, and lush green views. The project is also designed keeping in mind safety and accessibility features. The apartments have ample safety measures and make for perfect choices for both professionals as well as families.
Stay tuned for our next blog where we talk more about what key features to look for when checking out residential projects in Goregaon.
FAQs
Is Goregaon a great real estate investment?
If you’re looking for real estate in Mumbai, Goregaon is a great neighbourhood to invest in. It is newly developed, offers great amenities, well connected, and competitively priced. There are plenty of new projects offering the best of lifestyle for a great price.
Is Goregaon a well developed area?
Goregaon is home to many commercial hubs as well as offers a wide variety of amenities. The area has rapidly and thoughtfully developed in the past some years and offers a range of residential projects for all kinds of investors and buyers.
Is Goregaon good for families?
Goregaon is a great option for both professionals as well as families. The area is well developed and features great education institutes, parks, and healthcare options.