Borivali West: An Emerging Investment Destination

With the execution of recent development works and consistent attention from reputed property developers, Borivali West is one of the preferred investment destinations for people. Borivali West has been a very demanding locality for residential settlements for more than a decade. 

However, in recent years, Borivali West has witnessed massive infrastructure developments, making it a highly lucrative locality to invest in. There are many upcoming developments and real estate projects in pursuit of accommodating the rising needs of people. 

So, in this blog, we will talk about everything that contributes towards a thriving demand among people to live or invest in this place. Read along till the end!

The Connectivity and Transportation Facilities are Exceptional

Borivali railway station is considered one of the biggest across Mumbai's western line network. You will get access to all of the stations between Churchgate and Virar. Borivali is just 30 minutes away from the International Airport. 

Following that, you also get metro connectivity which links the North and South areas of the city to Borivali. Borivali West is feasibly connected to the New Link Road, whereas its eastern counterpart is connected well with the Western Express Highway for easy commutes.

There have been massive internal road upgrades, which make Borivali West way more accessible and convenient than most of the other suburbs around the city. For intercity commuting, BEST (Brihanmumbai Electricity Supply and Transport) buses, taxis, and auto-rickshaws are readily available across the locality. 

The driving distance between Borivali West and the Thane railway station is only 26 minutes. If you were considering a residential property in Thane, now you can extend your options to Borivali West because of the minimal traveling distance. 

With such connectivity and transportation feasibility, the trends of residential settlements in Borivali West will constantly rise in the forthcoming years. The authorities are consistently working on improving the infrastructure of this locality to ease the traffic congestion to the maximum extent. Hence, it’s eventually an emerging investment hotspot. 

The Constantly Spike in Real Estate Price Trends

The real estate demands are beyond the charts in Borivali West. With world-class schools, hospitals, malls, recreational centers, restaurants, clubs, and other amenities, this place is preferred by people who want a well-established locality to live a luxurious life. 

Coming back to the investment mindset of people who are investing in the real estate of Borivali West. The average price per sq. ft. of properties in Borivali West as of March 2023 is around Rs. 21,000. It is around 20% higher than the average recorded last year. 

Now imagine investing in a property of Borivali West, and calculate the tentative ROI you would get after a decade or more. Hence, this motivates people from all across Mumbai and most parts of India to come and invest in properties in Mumbai, especially in Borivali West. 

Even if you are looking for a 2 BHK flat for sale in Borivali West to live a comfortable life, you are still securing the future of your forthcoming generations. It is because when you live in an apartment building made by a reputable developer that takes constant care of the building over time, the value of your property will never deteriorate. 

The Upcoming Developments in Borivali West, Mumbai

In 2023, if you look for a 2 BHK flat for sale in Borivali West with a market-centric budget, you don’t have to think about how the locality will be. It is because the social infrastructure, made up of international-standard schools, hospitals, and other facilities, defines a high-class standard. 

But, to ensure that this locality continues to stay an emerging investment hotspot, the authorities are promoting several developments, such as:

• MMRDA has a plan to introduce a ropeway between Borivali and Gorai.
• The Metro line stretching from Dahisar West to DN Nagar will now have a specific Don Mosco metro station at Borivali West. 
• For the convenience of commuters via the Western Railway, a harbor line will be extended to Borivali. 
• BMC has approved a budget for the Ratan Nagar Bridge over the Dahisar River of Borivali West. Hence, the connectivity will improve further. 
• The Borivali Railway Station will get a renovation upgrade with three escalators more to ensure convenience for daily commuters. 
• The dumping ground in Shimoli, Borivali West, spread around 40,000 sq. ft., will be converted into a Parliament-themed park. 

Conclusion

All investors who want great returns for their money should look nowhere but Borivali West. Even when the pandemic peaked, this locality's investment rates were still high. Hence, a well-developed suburb of Mumbai will never lose its investment potential. 
If you are looking for properties to invest in Borivali West, then it's time to navigate your search over the right platform. Blox is Mumbai's property search engine that allows you to filter out the best-in-class apartments or independent houses per your preferred locality, developer, and budget. 
Try it out today, and you will experience how easy Blox makes it for you to invest in a property or buy a dream home in Borivali West.