Lifestyle

Seawoods Property Market: An Overview

[ecis2016.org] Having developed as a luxury residential project by CIDCO, Seawoods town is a South-Western town of Navi Mumbai undergoing rapid infrastructural development with great potential for property buyers.

Seawoods is South-Western town of Navi Mumbai, located close to Parsik Hill. Like most towns in

You are reading: Seawoods Property Market: An Overview

and around Mumbai, Seawoods is divided into the Eastern and Western halves with the railway

flyover bridge connecting the two. Nearby sectors of Seawoods include sectors 40, 48, 48A, 44, 44A,

46 and 50 on the West and 19A, 25 and 27 on the East. Seawoods also has a railway station known

as Seawoods-Darave that falls on the Harbour Line of Mumbai Suburban Railway in the Nerul node.

The name of the locality is derived from the luxury residential project of Seawoods NRI Complex that

was developed by CIDCO catering to the high-income affluent families. Today the area comprises of

some of the top apartments in Seawoods and being one of the many sough-after residential

destinations in Navi Mumbai. With upcoming infrastructural projects like the Seawoods Grand

Central station and other commercial and residential projects in Seawoods, there has been a

significant rise in demand for property in this area. The Estate Township in Seawoods is a major

attraction for investment by NRIs.

Connectivity with nearby Seawoods localities:

Seawoods is very well-connected to nearby localities like Ulwe, Taloja, Ghansoli, Kharghar, Vashi,

Airoli and Panvel. The railway station, presently Seawoods-Darave falls on the Harbour Line of

Mumbai Suburban Railway Network and connects it seamlessly to most major parts of Mumbai city

and Nerul.

Employment hubs near Seawoods:

Read also : Emaar MGF Land ordered to cough up Rs 2 crores as penalty

 Seawoods is a node of Navi Mumbai and thus lies in close proximity to most tech parks and

the IT hubs of Navi Mumbai

 Andheri East is located 34 km away

 Bandra-Kurla Complex is located 24.5 km away from Seawoods

Schools in Seawoods and other social amenities:

Seawoods comprises of numerous reputed educational institutions. Some of the schools and

colleges in Seawoods include –

 Radcliffe School

 Don Bosco School

 Vidya Prasarak School

 Sterling Institute of Management

 Sterling Institute of Pharmacy

Notable and reliable hospitals in Seawoods are –

 Dr. Aishwarya Garg's Homeopathy Clinic

 Mahatma Gandhi Mission Hospital and Research Centre

 Terna Sahyadri Specialty Hospital

Physical Infrastructure in Seawoods:

The biggest and most notable upcoming project of Seawoods is the making of the Seawoods Grand

Central in Navi Mumbai. The project has been undertaken by Larsen & Toubro and this station will

not only be a terminus but also an iconic lifestyle centre with world class amenities and facilities. It

Read also : Dhanori property market: An overview

will include the following –

 520,000 sq. ft. of area for the railway station

 1.5 million sq. ft. of world class retail space

 3.1 million sq. ft. of Class A office space

 1.4 million sq. ft. of parking and support space

Once completed, Seawoods Grand Central Station will become the largest ever railway station in the

country.

Price trends in Seawoods:

Prices of flats in Seawoods have been estimated to be an average of Rs. 7000 per sq. ft. Most of the

homes are parts of high-end luxury residential projects and usually cater to high-income group

families or NRIs.

Reasons to invest in Seawoods:

Several reputed builders in Seawoods have launched their residential projects here which have

either been recently completed or are presently under construction. Some of these builders include

Apsara Developers, Galaxy Developers, EV Homes, Cidco, Ruparel etc. to name a few. Apartments in

Seawoods usually have a configuration ranging from 1 to 5 BHK with average sizes ranging between

459 sq. ft. to 3200 sq. ft. With rapid infrastructural development witnessed by Seawoods and its

close proximity to prominent areas of Navi Mumbai, Seawoods is a promising area to invest in

property.

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

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

Debora Berti

Università degli Studi di Firenze, IT

Leave a Reply

Your email address will not be published.

Back to top button