Bhandup West is one of the well-developed suburbs of Mumbai, located in the North-East region. It is a fast-paced locality that has developed rapidly in recent years. The rise in infrastructural improvements around the locality has contributed to the upliftment of residential and commercial real estate.
Some popular developers, such as Neumec, Kamla, Marathon, Lodha and Mahindra Lifespaces, recognised this locality's rising real estate trend. They have built unique residential properties for home buyers looking for moderately priced and ready-to-move-in Bhandup flats.
But, Bhandup West is not just a residential locality, the infrastructural developments have also boosted the demand for commercial real estate. So, let’s get a better look at how this locality got this title!
The Seamless Connectivity of Bhandup West!
The locality of Bhandup West is seamlessly linked with major parts of Mumbai through the bus transportation network. Certain important roads, such as Western Express Highway and LBS Marg, connect the locality with most parts of Mumbai. The BEST buses also ply to/from this locality at periodic intervals. Hence, commuting is frequent and hassle-free.
Hence, this is one reason that promotes the startup and established companies to settle near the eastern suburb. They intend to get good exposure and connectivity from the locality. Not just that, but this seamless connectivity is also allowing office goers from Kanjurmarg, Vikhroli and Nahur to travel seamlessly to the employment hubs in & around Bhandup West.
For the locals, accessing the city networks is quite proficient as the nearest station, Bhandup Railway Station, is just at a distance of 2 km, through Subash Road. One evident reason it boosts residential and commercial real estate is the locality’s easy connectivity to Chhatrapati Shivaji Maharaj International Airport of Mumbai, which is just 12.6 km away. You can quickly cover the distance to the airport through the Adi Shankaracharya Marg.
The locality is very well developed for home buyers to easily find all of their necessary lifestyle infrastructure facilities around them. The development of employment hubs in & around the locality has contributed to the real estate demands even further.
A Glimpse at the Employment Hubs Bhandup West
With the consistent rise in infrastructural and residential real estate demands, the commercial sector has also grown in this locality. As a result, several employment hubs are ready and functioning around Bhandup West. Both residential and commercial real estate trends are helping one another grow in this locality.
The developments in commercial real estate have resulted in major employment hubs such as Industrial Estate. It comprises organisations such as CEAT Tyres, Asian Paints Limited, Crompton Greaves, etc. Apart from that, pharmaceutical businesses have also decided to set up their offices in the neighbourhood. Johnson & Johnson and Glaxo have set up their offices in L.B.S Road (Mulund).
As more and more people drive their interest towards living in Bhandup West and the surrounding localities, the companies are also searching for areas that can bring them more exposure. Apart from all other business hubs, the Mumbai suburban is recognised as one of the significant destinations suitable for companies to set up and operate their business process. Thus, the reputation of commercial real estate is increasing steadily.
The Social and Physical Infrastructure
Considering the social infrastructure, Bhandup West is a popular retail industry. Therefore, several malls exist, such as Neptune Magnet Mall, R Galleria, Dream Mall, Flix Towers and Huma Mall. There are many amenities around these malls and shopping complexes to act as an abundant recreation and rejuvenation for the residents of Bhandup West.
Some popular schools around the locality are Cosmos English High School, St. Francis Xavier’s High School, and St Xavier’s High School. And others. Students who wish to pursue their fields in reputed colleges can consider Shri Ram College of Commerce, VK Krishna Menon College, NES Ratnam College, Jijamata Junior College and Ramanand Arya DAV College.
Following schools and malls, the most essential facility around any locality is decided by its range of healthcare services. And Bhandup West offers super speciality hospitals such as Bhavsar, Gaurav, Lotus and Saarthi.
The commercial infrastructure around the West region of Bhandup has been appropriately planned and executed. More and more people are drawn towards the availability of endless amenities and facilities around the locality. Following that, the pricing for the apartments is also under the moderate range. Therefore, it is not astonishing that people are in search of ready-to-move in Bhandup flats to enhance their lifestyle quotient.
Conclusion
If you were keen on buying a property in Bhandup West, considering its perfect blend of residential and commercial infrastructure developments, then you have probably made the right decision. The average price per sq. ft. for properties in the neghbourhood is around Rs. 17,000, which is most likely 2.5% higher than the average in 2022.
Hence, investing in Bhandup West is also helpful for an enhanced ROI. So, try out Blox to find the best-in-class properties to invest in Bhandup West. With it, you can filter out the properties to see specific options within your budget and other preferences. Hence, home buying has now been made easy with Blox!
