Mumbai-the financial capital of India is known for its traffic jams in majorly all the parts of the city throughout the day. As a result, most of the Mumbaikars now a day want to invest in a property which is located on the outskirts or near Highways.
Among all, the Western Express Highway is attracting many home buyers as well as developers in recent times. The 25.33 km highway begins near the Mahim Creek and extends to the Mira-Dahisar toll booth in the northern limit of the city. Several infrastructural developments alongside the highway have led to a sudden steep in the real estate market of the stretch.
Due to coming up of major business districts, metro networks, better east-west connectivity initiatives, and various retail zones many new projects have been launched in the areas near to the Western Express Highway.
Areas which fall on Western Express Highway include Dahisar, Malad, Goregaon, Jogeshwari, and Andheri. These areas have seen many infrastructural developments in recent times. IT parks and commercial zones like the Nirlon Knowledge Park in Goregaon are some of the recent additions to this region.
Also, the Government has already proposed several other projects like the high-speed 6-lane highways, bullet train, metro line and express corridors which will further boost the real estate markets along the Western Express Highway.
Premium project launch
Real estate markets have blossomed in locations between Dahisar and Andheri. Some of the premium projects include:
Omkar Alta Monte– Launched by Omkar relators, Omkar Alta Monte is located in Malad East. The project offers 2, 3 BHK residences overlooking the Sanjay Gandhi National Park and is equipped with all the modern comforts and conveniences.
Oberoi Sky City- Another beautifully crafted project by Oberoi developers- Oberoi Sky City is already drawing buyers with its strategic locational benefits. The newly launched residential project is located at Borivali (East) and is offering studio and 3 BHK luxurious apartments. The project is located in proximity to the Western Express Highway and the proposed Metro Station and is well connected to business districts and leisure options like malls, theaters etc.
Omkar International District– The third one is the row is Omkar International District, which is a mixed redevelopment venture and is located at Andheri (East). The project offers easy access to the Western Express Highway and will be developed in10 million sq. ft. of the area including both commercial and residential units.
With more such developments more buyers are investing in residential projects near the Western Express Highway.