A suburban in eastern Mumbai, Ghatkopar has experienced exponential growth over the years in infrastructure and connectivity over the years. With an estimated area of 8.81 sq. km, the upmarket neighbourhood hosts a population of over 3.4 lakh residents. Centrally located, the eastern suburb is home to several multi-storey apartments, with proximity to commercial hubs such as Kurla, Vikhroli, and Powai. One top contributing factor to Ghatkopar's development is the real estate sector, with developers pooling in world-class infrastructure and amenities.
With residential and commercial spaces being on an all-time rise, Ghatkopar offers some of the best facilities in terms of social infrastructure, be it healthcare, education, or recreation, making it the perfect destination for families. One of the prominent residential localities in the upscale neighbourhood is Pantnagar, situated in Ghatkopar East. Its notable features are excellent connectivity, modern housing, and employment opportunities. For those looking at flats in Pantnagar Ghatkopar, the current price per sq. foot stands at approximately ₹21,235.
Adding another feather to the cap of Ghatkopar is Metro Line 1, offering seamless travel up to the Versova area of Andheri West. Hence, it's no surprise that property prices are at an all-time. For example, a flat in Patnagar Ghatkopar Flats experienced an appreciation of over 10% in the last year.
1. Ease in commuting
Offering a great network of roads, metro and rail, with the central line of the Mumbai Suburban Railway network dividing Ghatkopar into the east and west regions. Some of the efficient modes of transportation include the following.
Centrally located, Ghatkopar has easy access to parts of Mumbai, Thane, and Navi Mumbai. Its proximity to IT and commercial hubs such as Vikhroli, Andheri, and Powai is another example of the seamless connectivity in the eastern suburb.
2. Increasing housing demand
It is no secret that the real estate market in Ghatkopar has been booming, with top developers like Ajmera ICRC, Gurukrupa Ghanshyam, and Gold Crest having exciting projects in the pipeline. On average, the current price per sq. foot in the posh locality stands around ₹18,881. For those looking for a flat on a lease, the average rent is ₹44,151. The western region of Ghatkopar has witnessed an appreciation of 1.13% over the last year.
3. Booming social infrastructure
A significant factor fueling the housing demand in Ghatkopar among families is its world-class social infrastructure be it schools, colleges, medical centres, or malls.
Malls and shopping centres
4. Availability of great public spaces
Ghatkopar is a centre for many public areas, such as the Vikrant Circle and Orion Circle. The upmarket neighbourhood also offers a fair share of greenery, with several parks like Pestom Sagar Jogger’s Park, Bhawani Garden, and the Subhash Chandra Bose Garden. Therefore, it is another selling point, especially for kids and senior citizens in a family.
5. Proximity to commercial centres and office hubs
A primary selling point for realtors is Ghatkopar’s easy access to some of the commercial hubs in Mumbai, like Bandra Kurla Complex (BKC), Godrej Boyce Industry Estate, Kailas Business Park, and Andheri MIDC. In a city as congested as Mumbai, having your workplace nearby is nothing short of a blessing, helping you save time and providing the right work-life balance.
6. Upcoming Developments
As the demand for real estate grows, residents in Ghatkopar are about to witness a treat from top realtors with exciting projects in the pipeline, some of them being the following.
For those looking to make Ghatkopar their next home residence, we at Blox could help ease your entire buying process in less than 7 clicks. Here is a list of some upcoming projects in the eastern suburb.
Ghatkopar is the perfect housing solution for families, catering to all their needs, whether spacious living, social amenities, or effective pricing. With the western suburbs facing space constraints and congestion, the eastern suburbs offer a more comfortable and peaceful living, with upmarket localities like Ghatkopar leading from the front.
So, you’ve found your dream home, arranged for the finances to purchase it, and are now ready to live your desired life carefree. But amidst all that, as a new or prospective home buyer, you must not let one critical part of the property purchase process go unnoticed: the sales agreement!
Picture yourself in the vibrant heart of Navi Mumbrai, where luxury meets opportunity and a sense of community thrives. Welcome to Sanpada, a locality that has swiftly risen to prominence in the world of real estate. With a coveted pin code of 400705, Sanpada offers a dynamic landscape of living options. Boasting over 350 properties for purchase and more than 100 for rent, it's no wonder residents rate this neighbourhood an impressive 4.5/5 for connectivity and a solid 4.3/5 for safety.
In today's rapidly changing world of commerce, where the ability to adjust and be versatile is pivotal for prosperity, the selection of suitable office premises can wield considerable influence. Amongst the numerous alternatives at hand, two particular terms frequently gain prominence: secured office areas and virtual office settings. Although each possesses its own strengths, they are distinctly purposed. To effectively comprehend the distinctions and arrive at a well-informed choice, it becomes imperative to delve into the dissimilarities between these two alternatives.