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Why Should You Consider Buying a Flat in Borivali?

Blox Social
Posted on
Jul 29, 2023

If you follow the real estate trends in and around Mumbai, you are sure to have noticed that the rise of the Western Suburbs and the reverse migration of those who have lived or were previously considering buying into posh South Mumbai neighbourhoods is the talk of the town. Borivali, Kandivali, Malad, and Goregaon are the new micro markets to watch out for.

So, if you are looking for a simple answer to the question, "Should I invest in a 2 BHK in Borivali West?" it is a resounding 'Yes'.

Here are some of the top reasons you may want to consider investing in this neighbourhood.

  • Many suburbs in Mumbai are experiencing a surge in demand for residential properties due to the impressive infrastructural development carried out by the Brihanmumbai Municipal Corporation (BMC). Borivali, both its eastern and western sections, has seen a significant increase in new residential and commercial developments thanks to the attention of developers and builders who recognise the suburb's potential. The BMC has taken on various improvement projects, such as widening arterial roads, constructing parks, and building bridges and overpasses. Compared to more established neighbourhoods in the south of the city, Borivali has lower levels of pollution and traffic congestion.
  • Along with a highly developed urban infrastructure, prospective homebuyers in Mumbai look for connectivity. Borivali is perfect in this regard. The Western Express Highway runs through the suburb connecting it to Dahisar, Kandivali, Malad, Goregaon, Jogeshwari, Andheri, Vile Parle, and Bandra and extends into Worli through the sea link. The New Link Road connects the suburb to some of the busiest commercial hubs in Mumbai, such as Andheri West. The Western Line connects that runs right through this suburb and allows the residents to connect to the suburban network of the city, which is the lifeline of commuters. Line 7 of the Mumbai Metro also offers connectivity to various parts of the city within minutes. Apart from the arterial roads, the internal network of roads within Borivali is excellent and makes for convenient access to schools, medical centres, and markets in the suburb.
  • The one major concern prospective homebuyers have when moving to the suburbs is the quality of life. Urban living comes with a number of advantages, and they wonder if the suburbs will offer comparable facilities. Borivali, however, is perfect for families. In fact, many families shift to Borivali to be able to send their children to top international schools such as CP Goenka International School and JBCN International School. This suburb also has a number of multi-speciality hospitals and medical services, including the Apex Hospital and Lotus Multi-speciality Hospital. Borivali has a great number of malls and shopping centres, restaurants and clubs. The suburb has everything that a young professional or a family can want.
  • If you are a real estate investor looking to add to your portfolio of assets with a 2 BHK in Borivali West or East, you must consider the exceptional ROI this area offers homebuyers. Average real estate prices have risen from about INR 11000 per square foot to nearly INR 24000 per square foot in the past decade alone. If these projections are any indicator, your asset value is set to skyrocket in times to come. If you intend to lease or rent your property, you can expect a sizable cash flow as well.
  • If there is one factor that chinches the deal in favour of Borivali, it is the proximity of the Sanjay Gandhi National Park, often referred to as the Lungs of Mumbai. Staying in a green and serene suburb with great air quality has to be at the top of your priorities, making a 2 BHK in Borivali an attractive option.

With such exceptional advantages, it is indeed a wise decision to invest in Borivali. Like any other neighbourhood, you must research the developers and projects before investing. Blox offers verified listings directly from some of the top developers of the city. Search for listings using criteria such as budget, developer name, size of unit etc. and compare the facilities offered by the different projects. Contact the Blox relationship manager in case you have any queries or need assistance. 

Real Estate