What Makes Azad Nagar a Prominent Real Estate Spot?

Mumbai, known as India's financial centre, presents numerous advantages to investors interested in purchasing property in this metropolitan city. With a wide range of real estate projects being developed in various neighbourhoods throughout the city, finding the ideal property for investment is a relatively straightforward task. If individuals are specifically looking for properties in the western suburbs of Mumbai, the most favourable option would be to invest in real estate opportunities in Azad Nagar, located in Goregaon East.

Although Azad Nagar is considered a sub-locality, it holds significant prominence as a residential area in western Mumbai. One of the main factors contributing to the increasing popularity of Azad Nagar as a thriving real estate hub is the comparatively affordable pricing of properties when compared to neighbouring locations such as Andheri and Powai. The sub-locality is further divided into two sections, namely, Azad Nagar and Azad Nagar 2, which provide a variety of properties available for sale and rent.

Some key reasons that make investing in real estate in Azad Nagar a great choice are explained briefly as follows.  

Good Neighbourhood

Azad Nagar primarily offers multi-story residential apartments which are either ready to move in or in various phases of development. The locality is a great choice for people seeking property options that have excellent public transport facilities, are located close to major employment hubs, and provide easy access to various social amenities. Employment hubs, social amenities, and public transport facilities. Azad Nagar offers all these facilities and is only a short distance away from other famous localities like Four Bungalows, Amboli, D N Nagar, etc. Some important high-rise residential projects under construction in the locality include Pratham Saffron Heights, Westin Ravikiran, UK Sangfroid, and Acme Stadium View.

Affordable Property Price

The property price in Azad Nagar is relatively lower than its more famous neighbouring localities, including Andheri. 15% of the properties available for sale in the locality are priced between ₹2.4Cr and ₹2.6Cr, while 12% of similar properties are priced between ₹1.6Cr and ₹1.8Cr. More than 56% of the properties available for sale include 2 BHK apartments which are the most common type of property option available in the area. 

Well Developed Infrastructure

Azad Nagar has become a preferred choice for people seeking properties in areas with well-developed infrastructure facilities. The locality is well connected to almost every prominent area of Mumbai by road and train. It is situated at a stone's throw distance from Western Express Highway and the Western railway line located at Andheri. People can also travel to and from the locality by metro or via the New Link Road. The Andheri Kurla Road and Jogeshwari Vikhroli Link Road (JVLR), along with Mumbai metro, ensure excellent connectivity to the eastern suburbs of Thane and Navi Mumbai. Moreover, the Andheri- Dahisar metro has further eased the commute from Azad Nagar to other areas in Mumbai. Most importantly, the Mumbai International Airport, located just 7 km away from Azad Nagar, is also easily accessible by metro.

Social & Retail Amenities

Azad Nagar is located near several renowned educational institutions, recreational facilities, hospitals and health care centres, and other such amenities. A.H. Wadia High School, Billabong High International School, Bhavan's College, and Sardar Patel College of Engineering are some prestigious institutions located in the area. People can spend time in one of the several malls located within a distance of 5 km, including D.B. Mall, Citi Mall, Crystal Point, and Infiniti Mall. The extremely famous Kokilaben Dhirubhai Ambani Hospital is located in the area along with Bellevue Multispeciality Hospital, Nanavati Hospital, BSES MG Hospital, and CritiCare Hospital. People living in the area can also enjoy various sports and recreational activities at the nearby Andheri Recreation Club, The Club Mumbai, and Andheri Sports Complex.

Nearby Employment Hubs

One of the biggest advantages of investing in property in Azad Nagar is that it is located within 5-10 km of key commercial hubs. These include MIDC Andheri, Nirlon Knowledge Park, SEEPZ SEZ, Infinity IT Park, NESCO IT Park, Mindspace Malad, and Veera Desai Industrial Estate. The locality is also at a short distance from the highly successful and rapidly growing Oshiwara District Center. Moreover, the locality is within a 20 km radius of other important commercial centres of Mumbai, including Bandra Kurla Complex Hiranandani Business Park, Kensington SEZ, Indiabulls Finance Centre, and Peninsula Corporate Park and Business Park.

Conclusion

Overall, Azad Nagar is a good place for investing in well-constructed residential properties within an affordable range in Mumbai.