Lifestyle

Ghodbunder Road property market: An overview

[ecis2016.org] Ghodbunder Road is a much preferred residential destination of Thane in Maharashtra. The locality is mainly popular among residents of middle income group. Thus, Ghodbunder Road emerges as an affordable living destination in comparison to Mumbai

Ghodbunder Road was made for the people belonging to the middle strata of the society and thus provides affordable yet liveable living conditions. It shares its boundaries with famous localities of Waghali, Vashi, Vasant Vihar among many others. Ghodbunder Road has witnessed immense expansion in the commercial sector in the recent years. Renowned builders like Purani Builders, Hiranandani Builders, Raunak Group, Gala Group, Cosmos Group and Sanghvi Group are presently investing in the locality and are providing the residents of Ghodbunder Road with affordable yet luxurious apartments to live in.

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Connectivity with nearby Ghodbunder Road localities

The locality is well connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

  • The locality is served and made accessible from different parts of Maharashtra by the Western and Eastern Express Highways.
  • BEST and ST bus services are operational here.
  • Ghodbunder Road enjoys proximity and accessibility to localities of Waghali, Vashi, Vasant Vihar.
  • The nearest railway station is the Thane railway station which is situated at a distance of 6 kilometres.
  • The nearest airports are – Chhatrapati Shivaji International Airport and Mumbai Domestic Airport.

Employment hubs near Ghodbunder Road

The locality is witnessing an increase in the population in the recent years owing to its proximity to various employment hubs. These include:

  • MGM IT Park

Schools in Ghodbunder Road and other social amenities

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Ghodbunder Road provides its residents with all kinds of social amenities to live a happy and peaceful life. They include various schools and hospitals.

  • Saraswati Vidyalaya High School & Junior College
  • New Horizon Scholars School
  • DAV Public School
  • Hiranandani Foundation School
  • C.P. Goenka International School and many others enjoy being the famous names of educational institutions in and around Ghodbunder Road.

Of the social amenities provided by Ghodbunder Road, the major health institutions dominating the locality include:

  • Dhanwantari Multispecialty Hospital
  • Orthonova Hospital

Apart from these it also provides the luxury of enjoying recreational amenities and proximity to various banks and ATMs.

The locality also provides its residents with many luxurious shopping centres such as:

  • R Mall
  • Koram Mall
  • Viviana Mall

Physical infrastructure in Ghodbunder Road

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Metro Railway Lines are to be established very soon in Ghodbunder Road

  • Price appreciation – around 2 % in last 6 months.
  • Current property rates- Rs 7,400 – Rs 10,000 per sq ft.

Reasons to invest in Ghodbunder Road

Considering the increasing price trends Ghodbunder Road and the obvious rise in demand, the locality will definitely prove to be a good investment. Also compared to the rest of Mumbai and localities of Waghali, Vashi, Ghodbunder Road offers affordable realty prices.

Big ticket projects like Damji Shamji Mahavir Kalpavruksha, JVM Sarvam, JVM Shubham etc. are here to make Ghodbunder Road a rather posh and coveted residential neighbourhood.

Check properties in Ghodbunder Road

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

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

Debora Berti

Università degli Studi di Firenze, IT

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