Ghatkopar east property market: An overview

[ecis2016.org] Ghatkopar is located in the eastern part of Mumbai. The Ghatkopar east area is surrounded on its western side by the Central Railway tracks, on its western side by the Eastern Express Highway, on its northern side by the Ghatkopar-Andheri Link Road and on its southern side by MG Road. This area is primarily a residential area

In the 1920s and 1930s, Ghatkopar was a tiny village. The name Ghatkopar originated from the fact that it was on the edge of the ghat. The word ‘kopara’ in Marathi means corner – thus the word Ghatkopar. The prominent localities of Ghatkopar east include areas like Sindhu Wadi, Sindhu Baug, Rajawadi, Kamraj Nagar, Pant Nagar, Garodia Nagar and Vikrant Circle.

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The real estate of this area is developing rapidly. The builders in Ghatkopar east like Raj Shree Builders and Elint Realty have constructed several residential buildings. There are flats in Ghatkopar east of different sizes and amenities, which will suit the needs of different clients accordingly. There are independent houses, flats and apartments of different types present in Ghatkopar east.

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Connectivity with nearby Ghatkopar east localities

• The distance from Ghatkopar east to Chatrapati Shivaji International Airport is 6.9 kilometres.
• The distance from Ghatkopar east to Mumbai Central Railway Station is 17.9 kilometres.
• There are several bus stops in this area which help to connect to other places.

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Employment hubs near Ghatkopar east

• The distance from Ghatkopar east to Lower Parel is 12.1 kilometres.
• The distance from Ghatkopar east to Panvel is 12.8 kilometres.
• The distance from Ghatkopar east to Andheri is 6.7 kilometres.
• The distance from Ghatkopar east to Powai is 10.9 kilometres.

Schools in Ghatkopar east and other social amenities

The various schools in this area include Vidya Bhavan High School and Ramniranjan Jhunjhunwala College. The hospitals here are Lotus ENT Hospital and Navjeevan Hospital. The ATM of banks in Ghatkopar east include ICICI Bank ATM and State Bank ATM. The parks in Ghatkopar east include Lions Club Garden and Bhawani Garden. The shopping malls in Ghatkopar east are Odeon Shopping Complex and The Platinum.

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Price trends in Ghatkopar east

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The price trend in Ghatkopar east for multi-storey apartments from October 2016 to December 2016 has been as follows: The highest locality rate is Rs 23,355 per sq ft, the average locality rate is Rs 18,205 per sq ft and the lowest locality price is Rs 13,054 per sq ft.

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Reasons to invest in Ghatkopar east

This area is a developed area and there is high demand for residential and commercial purposes. There are several residential complexes of varying sizes, with different amenities for different people. Many business and commercial complexes are also located in this area. The distance from Ghatkopar east to other important commercial areas are also close by. The social infrastructure of this area is well-developed with many schools and colleges. There are many well-equipped hospitals that provide a wide range of facilities. There are many refreshment options too like restaurants, parks and cinema halls. The airport and railway station are easily accessible from here. The real estate developers can invest in this area as this locality is one of the fastest-growing areas and also very high in demand among the masses, for both residential and commercial purposes.

Check Properties at Ghatkopar East

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Source: https://ecis2016.org
Category: Lifestyle