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6 Reasons Why Anand Nagar Is a Great Real Estate Investment Location

Author
Blox Social
Posted on
Jun 27, 2023
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Are you considering Anand Nagar as a residential area for a dream home in the western suburbs of Mumbai? You are on the right track. After all, Anand Nagar is one of the most sought-after locations for real estate investors who are looking for high returns and quality living. 

If you are looking for a lucrative real estate investment opportunity in Mumbai, you should consider Anand Nagar in Andheri West. Why? Because Anand Nagar is a prime residential locality that offers many benefits to home buyers and investors alike.

Here are some of the reasons why Anand Nagar is a great real estate investment location.

  • Convenient Connectivity

Anand Nagar is well-connected to other parts of Mumbai by road, rail and metro. The Western Express Highway, Link Road and SV Road are the major arterial roads that pass through the locality. The Andheri railway station and the DN Nagar metro station are also nearby, providing easy access to the suburban and metro rail network. Anand Nagar is also close to domestic and international airports, making it convenient for frequent flyers. It also has several shopping malls, hospitals, schools, colleges, and entertainment options nearby, making it a convenient and lively place to live. 

  • Good Affordability

Anand Nagar offers a range of properties to suit different budgets and preferences. You can find apartments, villas, bungalows, and plots in various sizes and configurations. The average price per square foot in Anand Nagar is around Rs. 22,000, which is much lower than other comparable areas in Mumbai. You can also avail of various financing options and tax benefits when you invest in Anand Nagar.

  • Rapid Real Estate Development

Anand Nagar is witnessing rapid development in terms of infrastructure and real estate. The locality is undergoing several civic projects such as road widening, drainage improvement, water supply augmentation and beautification. The real estate market in Anand Nagar is also booming, with many reputed developers launching premium residential and commercial projects in the area. Some of the upcoming projects in Anand Nagar are Rustomjee Elements, Kalpataru Solitaire, Oberoi Sky Heights and Sheth Creators Beaumonde.

  • Property Appreciation

Anand Nagar has witnessed a steady appreciation in property values over the years, thanks to the high demand and limited supply. This is especially true if you provide your property on rent, as rental income in the area can go as high as Rs. 1 lakh per month! The area has also benefited from the development of infrastructure and amenities, such as the metro line, flyovers, parks, and water supply. Anand Nagar has a plethora of amenities to cater to the needs of its residents. The locality has many reputed schools, colleges, hospitals, banks, malls, multiplexes, restaurants, cafes, parks and recreational centres. Some of the notable landmarks in and around Anand Nagar are Kokilaben Dhirubhai Ambani Hospital, Infinity Mall, Fun Republic, Versova Beach, Lokhandwala Market and Juhu Beach. According to experts, Anand Nagar is expected to see a further rise in prices in the coming years, making it a lucrative investment opportunity.

  • High Standard Lifestyle

Anand Nagar is not just a place to invest but also a place to enjoy a comfortable and modern lifestyle. Anand Nagar offers a vibrant and cosmopolitan lifestyle to its inhabitants. The locality is home to many celebrities, professionals, entrepreneurs and expatriates who enjoy the high standard of living and the cultural diversity of the area. Anand Nagar also has a lively nightlife scene with many pubs, bars, clubs and lounges that attract the young and trendy crowd. The area has a cosmopolitan and friendly vibe, with people from different backgrounds and cultures living together. The area also has a lot of greenery and open spaces, creating a pleasant and healthy environment. Anand Nagar has many recreational and cultural activities to offer, such as festivals, concerts, sports, and clubs. 

  • Exciting Future Prospects

Anand Nagar is not only a great real estate investment location today but also a promising one for the future. The area has a lot of potential for growth and development, as it is part of the Mumbai Metropolitan Region Development Authority (MMRDA) plan. The plan aims to transform the region into a world-class urban hub with improved infrastructure, connectivity, employment opportunities, and quality of life.

Final Thoughts

These are some of the reasons why Anand Nagar is a great real estate investment location. If you are looking for a property that can give you high returns, security, comfort, and happiness, then Anand Nagar is the place for you.

Real Estate