Realty Spotlight: an Overview of the Chembur Market

Chembur is a charming and upscale locality in Mumbai. Over the years, the neighbourhood has witnessed significant infrastructure development along with the emergence of a strong social amenities network. This has boosted the growth of Chembur’s real estate sector. The neighbourhood is noted for its cosmopolitan nature and is a place which offers people numerous leisure opportunities. Eating out, sightseeing, indulging in entertainment or buying your favourite items at one of the malls, shops or street markets are a few activities you can indulge in at Chembur. Opportunities ranging from budget-friendly flats to ultra-luxurious apartments in high-rises have transformed Chembur into one of the most sought-after real estate destinations. In this article, we will provide in-depth information about Chembur’s real estate market and why you should buy property here.

The Real Estate in Chembur

Chembur market is in expansion mode offering homebuyers a mix of residential and commercial establishments. Chembur’s strategic location and first class infrastructure has encouraged builders to construct some of the finest properties in the locality. Whether you want to invest in an affordable flat or live the grand life in a premium apartment, you will find it all in Chembur. The price of property in Chembur is roughly Rs 22,000 per square foot. This is much lower than some of the city’s premium neighbourhoods like Juhu, Bandra, and Worli.

Those on a tight budget and looking for an affordable home can opt for Buildtech Heights. Constructed by Buildtech Group of Companies, this property offers buyers the option of 1 BHK and 2 BHK flats. The properties are priced between Rs 49.29 lakhs and Rs 84 lakhs. North Star, Sai Shraddha Siddharth Residency, and Ruparel Primero are a few other properties where the prices of apartments are under Rs one crore. 

The quality of apartments and living standards in Chembur are at par with those in some of Mumbai’s premium localities. If you dream of living the high life amidst peaceful surroundings, there is no place like Chembur. Projects like Tridhaatu Rudraksha, BDL Hresa, and Swastik Elegance are reputed for their luxury apartments boasting the finest amenities. These projects come equipped with green areas, yoga areas, gymnasiums, senior citizens areas, and other amenities that make the life of homebuyers comfortable.

Why buy property in Chembur

Chembur market offers numerous options and benefits to homebuyers and investors alike. Dayanand Saraswati Marg and Ramkrishna Chemburkar Marg connect the locality to other parts of Mumbai. Chembur’s robust transport network which includes BEST and NMMT buses, trains and the monorail, makes travel for the residents of the locality fast and convenient.

Chembur is strategically located and is close to the Bandra-Kurla Complex (BKC). BKC is a prominent business and residential district. The locality is home to numerous companies employing thousands of people. The distance from Chembur to BKC is less than 10 kilometres which makes it an ideal destination for professionals. Ghatkopar and Lower Parel are a few other significant neighbourhoods close to Chembur. 

Chembur is one of the few localities in Mumbai that offers homebuyers a mix of affordable and luxury properties. Compared to many other localities in Mumbai, property prices in Chembur are relatively affordable making it a good investment option for the middle class. In addition, Chembur is one of the city’s greenest localities. The locality is home to numerous parks and open spaces which make living in Chembur a great experience.

Chembur is a highly developed locality and provides residents access to numerous social amenities. Ryan International School and St Gregorios High School are a few schools in Chembur that have carved a strong reputation in Mumbai. Schools in Chembur impart high-quality education and contribute to the overall development of a student’s personality. 

Residents have access to the best healthcare as the locality is awash with some of the city’s finest hospitals. Zen Multispeciality Hospital and Kolekar Hospital are a few institutions renowned for their medical infrastructure and treatment facilities. Besides, the locality is also a favourite spot for those who want to enjoy a good time with their family or friends. Here you will find numerous options ranging from shopping, to dining and entertainment. 

Conclusion 

The noteworthy growth in Chembur’s real estate sector has increased its popularity among developers and homebuyers. The Chembur market is expanding and provides homebuyers various options from apartments, to penthouses and villas. The locality appeals both to those looking for affordable housing and luxury homes. Prospective homebuyers can explore Blox, a leading real estate buying platform. On the platform you can get information about types of properties, prices, features and amenities offered. The company will also facilitate site visits to help you get a personal feel of the property.