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Buying a home is so much more than just paying for bricks and mortar that provide shelter over your head. A residential property in Goregaon would give you the perfect place for you to enjoy your home-owning experience to the fullest. Every real estate company in Mumbai has a project in Goregaon being made and this would tell you the importance that the suburb has for the city and the residents. This is proven by many affordable luxury homes in Goregaon that are appearing at an increased rate. Let us explain to you why you should invest money with real estate builders in Goregaon.

Goregaon has a very good connection to the whole city via roads and railways. It is well connected to Mumbai through the western express highway and the railway station is a hub through which both western and central lines run through it. It also has many bus services running from the bus depot in Goregaon whose services reach every part of the city. Having both central and western lines run through your station means you are very well connected to most of Mumbai. If you buy a residential property in Goregaon you would get some of the best connectivity that many other suburbs fail to provide to its inhabitants.

You don’t need to worry about basic amenities such as electricity and water supply if you decide to buy an affordable luxury home in Goregaon. There are many localities, especially where new residential projects made by real estate builders in Goregaon are showing up that have 24 hour supply of water by the government. Water is a basic right for every human but supplying to the huge population could be a challenge because of which you could see the government giving water for a limited amount of time. Having clean water on demand is one of the biggest reasons behind Goregaon’s popularity. Where you buy a residential property in Goregaon would bring you a step closer to obtaining necessities to live.

Safety is another reason why people should choose to buy a residential property in Goregaon. Goregaon allows you to live a lavish lifestyle while being safe. Affordable Luxury homes in Goregaon are in high demand because of the suburb becoming home to MNCs and the film industry. To keep up with the demand every real estate company in Mumbai is making a project in Goregaon which is making the suburb even more planned and beautiful. The suburb also has some of the best roads in the city. Residential property in Goregaon could be the dream home you were looking for.

Amenities don’t end at basic amenities like electricity and water you should also pay attention to the secondary amenities like a market and a hospital. Luckily for you, Goregaon has some of the best hospitals in the city and malls as well. Owning residential property in Goregaon will also help you have one of the most happening nightlife that the city has to offer. The locality also has plenty of eateries on offer that makes the home-owning experience better.

Luckily affordable luxury homes in Goregaon cost significantly lower than anywhere around the city. You would give up the amenities that Goregaon has to offer if you go further north. Property prices in Goregaon are way cheaper when you consider the amenities you get for the money. For the price, you pay you to get the full experience of living in the city and much more. The price you would pay for an affordable luxury home in Goregaon is significantly lower than property prices in other posh areas of the city.

All these reasons have made Goregaon an attractive place for people around Mumbai to buy a house.

Real estate in India has seen a drastic change in the way it functions in recent years. Metros in India have changed the way and introduced real estate trends that are being followed around the country now. Every Real estate company in Mumbai has started to notice the wave of real estate change and are arming themselves to change with the wave. Real estate builders in Goregaon and other suburbs have noticed changes in the market with new laws coming into place for upcoming residential projects and many more changes like the introduction of GST have caused the market to take the hit. The real estate company in Mumbai who saw the change happen have now started benefiting and riding the wave. So what changes have been noticed in the real estate market?

Recent years have seen the real estate market stabilize again after it took the hit of all the changes that the government made in the real estate sector and the trend is supposed to continue. There have been many affordable luxury homes in Goregaon being made as a result of an increase in demand by the consumers. These housing prices are about to rise slowly. The stable price of the property has brought along a new wave of demand for residential property in Goregaon and other suburbs. The suburbs of Mumbai are performing extremely well during this revival of the market as it can be noticed by new affordable luxury homes in Goregaon. The prices and demands are expected to start growing by next year.

The good news expected for next year was supposed to be witnessed this year but due to pandemic, the good times were delayed. The residential property in Goregaon and other suburbs that were projected to be sold off this year have not been possible. Due to the lockdown that was placed due to the pandemic the whole real estate sector was functioning at a fractured pace or came to a complete standstill. Once the lockdown ends the real estate market is expected to build its momentum slowly but the market is expected to grow consistently without upsets.

Due to pandemic, the prices of real estate around the country have been hit with absolute turmoil. People involved in the financial field believe real estate will finally see an upward trend in prices of property soon. It might be a smart move to invest in affordable luxury homes in Goregaon now while the rates are dropping because the prices are soon to grow and the upward trend is going to be noticed for a long time. If you invest in residential projects made by a real estate company in Mumbai you could expect your investment to grow along with the market growth.

Living in a rented house could be short-sighted especially when you are working on reduced pay and pandemic has proven that. People due to this pandemic are looking into finally stepping up and buying a house. People have been looking up residential projects in Mumbai and have been trying to get in contact with real estate builders in Goregaon to get more insight into buying the flat they are making. This has given hope to every real estate company in Mumbai and they now believe that the market will grow back to its former glory soon.

Every real estate company in Mumbai is witnessing growth using digital marketing and has seen an increase in demand from the consumers to purchase a property.

In conclusion the year 2020 is looking to be a lukewarm year for real estate but the future is bright in the following year.

Affordable housing is the type of homes that a person from a lower income group could afford to buy. So for example, affordable luxury homes in Goregaon would be purchasable by middle-income group people, and a normal residential property in Goregaon falling under this category would be affordable to lower-income groups. Affordable housing becomes a key issue especially in developing nations where a majority of the population isn’t able to buy houses at the market price. In a nation that is developing most homebuyers depend on the disposable income to live the dream of owning a house. The responsibility of making dreams of the citizens falls on the shoulders of its government and they need to come up with ways to make it happen. This is now making the government partner with a Real Estate Company in Mumbai to fulfil the demand of people to own real estate property.

So if you want to take advantage of schemes that the government has passed to help people buy the affordable luxury home in Goregaon that you were eyeing for a long time you would need to be a family or not have any immediate member of the family currently earning should not have a house in any part of India. So this means one family can buy only one residential property in Goregaon or any other part of the country. However, make sure you shouldn’t have taken help from the government plans before this instance.

The middle-income group or MIG are separated in 2 sections where MIG-I has an income of 2-6 lakh and MIG-II has an income of 6-12 lakhs. Both groups can avail loans from the government on very low-interest rates to finally live their dream of owning the residential property in Goregaon that they have been eyeing. They can even take up more loans outside the allotted bracket on a non-subsidized rate from the government. Therefore, the total interest subsidy to be paid under the MIG group for a loan up to Rs 9 lakh is Rs 2.35 lakh and on a loan of Rs 12 lakh, it is Rs 2.30 lakh per beneficiary which will be paid upfront to the beneficiary. This means when a buyer approaches a real estate company in Mumbai to buy a flat they will be able to afford to buy the flat. This move is a welcome move from the government and is being celebrated by homebuyers who couldn’t afford to buy a house before.

However, the loan that can be availed from a homebuyer is also different in different parts of India. This means a home buyer if they are buying in suburbs of the city like a residential property in Goregaon would be able to avail more loans compared to if they buy a house in rural places. The loan amount is periodically revised by RBI to adjust for inflation but the loan amount that will be offered to buy a house in metros will remain more than that of rural areas.

The scheme also covers flat on the resale market and construction of a house with basic amenities of sanitation, water supply, and electric supply which means the government does not prefer a developer more than others.

Now women, people from backward classes and differently-abled women would also be able to buy affordable luxury homes in Goregaon.

The government has set up committees and offices that you can approach to avail of these offers and become the owner of a flat and complete the dream of becoming a homeowner. The scheme can also be availed by approaching government banks if you don’t know where exactly you should go to avail the offers.

The real estate market has seen a lot of upset since the past few years. The real estate scene in Mumbai is becoming one of the best in the country. Mumbai is the forerunner to cause changes in the real estate market all around the country. Ever since the COVID-19 lockdown every real estate company in Mumbai has speculated a comeback. This is good news in a long time to grace every real estate company in Mumbai. The developers who are witnessing the change are more likely to ride the success wave. Is the real estate market going to make a comeback after the COVID-19 lockdown?

If you were to believe economists the big comeback for the real estate market was set in the year 2020 but it all changed with the COVID-19 attack. Since the pandemic hit the coast of India every developer was nervous about suffering greatly due to another slowdown. But the lockdown has been good for real estate as it is teaching bringing in people from the rental markets who have understood the importance of owning their own house. The residential property in Goregaon prices even before lockdown had seen some dips but was fairly stable. The suburbs of Mumbai are performing extremely well during this revival of the market as it can be noticed by affordable luxury homes in Mumbai. The prices and demands are expected to start growing after the COVID-19 lockdown ends.

Every market has seen a massive slowdown during the pandemic and the real estate market in Mumbai is no different. The affordable luxury homes in Goregaon that were projected to be sold off this year have not been possible mainly because people were not allowed to step out. The move was put in place by the government to stop the spread of the disease but it is also why the economy took a hit. However, the real estate market might have flinched too hard because they weren’t as heavily hit. Once the lockdown ends the real estate market is expected to build its momentum slowly but the market is expected to grow consistently without upsets.

Due to the pandemic, the prices of residential property in Goregaon have either fallen or stayed stable. The prices of affordable luxury homes in Goregaon are set to rise to make them less affordable soon after the lockdown if economists are to be believed. If you are an investor now would be a good time to invest in residential property in Goregaon so that you get maximum return on investment once the market starts witnessing an upward trend. If you invest in affordable luxury homes in Goregaon now you could expect your investment to grow along with the market growth.

Like we stated above the pandemic has opened the eyes of people who used to live in rental homes and they now understand the security of owning a house. Living on rent is also cumbersome when you are living on reduced pay or dwindling savings. People due to this pandemic are looking into finally stepping up and buying affordable luxury homes in Goregaon. People have been looking up residential property in Goregaon and have been trying to get in contact with Real Estate Companies in Mumbai to get more insight into buying the flat they are making.

The government was offering heavy tax rebates starting this year to help the real estate market gain back the traction. The seeds that were laid by the government in previous years are slowly starting to bear fruits. The younger generation is drawn towards ownership rather than renting living space.

Given all the signs the prices of real estate could see a steady increase in them after the lockdown.

Knowing how to make profitable investments in real estate is something everyone should learn. To make the investment bear fruits in real estate, where you buy the property will also greatly determine the return you get when you plan to move out. It is common sense that posh localities would fetch higher prices compared to less-developed counterparts. So if you have been looking to invest in real estate in Mumbai, investing in residential property in Goregaon would be your best bet. There are plenty of luxury Residential Projects in Goregaon that you could pick from. This article looks into the reasons why you should buy affordable luxury homes in Goregaon.

1. Commute.

When buying a 1 BHK apartment in Goregaon or 2 BHK apartments in Goregaon the one thing you need to keep in mind is how your daily commute will be.  You don’t need to worry about the decision of buying residential property in Goregaon because the locality is well connected to the entire city which makes the commute smooth. Goregaon is a hub for both western and central railways which means you would catch trains running to the whole city from Goregaon. Luxury Residential Projects in Goregaon are also present around the western express high for you to be well connected to the city making affordable luxury homes in Goregaon even more tempting to buyers. Other roads run through Goregaon that makes the commute to the city a breeze.

2. Locality.

Another bullet point that you should keep in mind is checking the background of the locality if you want to be safe in the 1 BHK apartment or 2 BHK apartments in Goregaon that you just bought. Goregaon has been deemed to be one of the safest localities in Mumbai which means you wouldn’t need to worry about your safety. Other than safety, Luxury Residential Projects in Goregaon have changed the face of Goregaon. These Projects in Goregaon make the locality look well-planned in comparison to other localities in the city. Even the roads in the locality are well built giving the whole area a very posh feel. Buying a residential property in Goregaon as an investment could prove fruitful because the demand is increasing for the properties in the area.

3. Amenities.

Goregaon enjoys an uninterrupted electricity supply to the locality with no power outages. You would be happy to know that Goregaon mostly doesn’t suffer from water shortages which Mumbai is known for. This makes living in Goregaon very easy. Another reason why Goregaon is so awesome is thanks to the amenities it has in its boundary. If you buy a residential property in Goregaon you get some of the best hospitals in the city and most reputed schools in the city. Goregaon has access to branches of every bank you could imagine. Goregaon is both a residential market and a commercial market. Goregaon also has a film city. Just the existence of film city is making the demand for luxury Residential Projects in Goregaon increase. There are plenty of theatres and malls that you could visit and the locality also has many social spaces where you could socialize with your friends.

4. Prices.

Despite all the advantages that Goregaon has, owning a residential property in Goregaon is an affordable affair when you compare it to other parts of the city. Luxury Residential Projects in Goregaon have given way to affordable luxury homes in Goregaon to exist. Even buying 1 BHK apartment or 2 BHK apartments in Goregaon is a lot cheaper than buying a home in south Mumbai. Also if you are investing money in the property; the rates are set to only go up due to an increase in demand which would guarantee your investment would be fruitful.

Since COVID-19 there has been no industry that has been saved from job cuts and the economy itself is struggling to keep up. Most Real estate companies in Mumbai in an attempt to survive have taken their business online. The integration of technology in the real estate business was long due and COVID-19 has made it come sooner. However, the integration of technology is not a piece of bad news, we would even argue otherwise. Let’s take an example of residential property in Goregaon to make you understand how every real estate company in Mumbai could benefit from going online. Let’s see why real estate is going digital and how you would expect to find your next affordable luxury homes in Goregaon online.

Most real estate companies in Mumbai were initially sceptical of the proposition of taking their business online. The same problems and fear could be seen in the real estate agent community of losing jobs and working harder to meet the targets. However, most real estate companies in Mumbai have expertly integrated technology in their daily functioning and are also helping real estate agents to get more optimized. The whole industry has become more optimized since the adoption of various technologies in the industry. Let us see how different it would be for you to buy a residential property in Goregaon.

The move to online has made the job of real estate agent easier and tougher at the same time, the work they need to do is reduced but the things they need to learn to be proficient at the job has increased. So if you are looking for affordable luxury homes in Goregaon, make sure you understand that the person has gone through tough training to be able to pitch you the deal. Learning something new is a tough task. Most employees of real estate companies in Mumbai had to go through this learning phase and real estate agents will also need to go through the same.   But once the learning phase is over it is smooth sailing from there.

The easily available nature of online listings and applications that will help you find these affordable luxury homes in Goregaon have created an opinion among people who don’t know how real estate functions that real estate agents’ jobs are now becoming redundant. Real estate agents are the bridge between the buyers and every real estate company in Mumbai. As soon as buyers choose a residential property in Goregaon and want to look at it the process is handed back to real estate agents. Cooperation with a real estate agent becomes necessary to know the inside-out of real estate property in Goregaon and strike a price negotiation to get a good bargain.

Real estate companies in Mumbai can now benefit from better machine learning processes and AI to optimize their strategies to find newer leads and come up with ways to close their current deal more quickly. Their years of experience are data points that they can use and the machine will give them the best way to tackle a deal. The recent pandemic has accelerated the proliferation of tech in real estate and realtors have benefitted big time. With the aid of virtual reality, 3D mapping, screen-to-screen video chats, and Digital Transaction tools, real estate agents have been on their toe to keep themselves in business. Their life has become more organized and efficient. They can give more time to their family now, enjoy the delights a household brings and earn more commissions by closing a far greater number of deals than before.

For better or for worse technology has come into the real estate circle and has quickly gained favor with most real estate companies in Mumbai.

Mumbai is the place where real estate developers look to understand upcoming trends in the real estate market. And Goregaon is the suburb in Mumbai that you should be looking forward to if you are interested in buying a real estate property. Even after witnessing a major slowdown, Mumbai has not seen a complete stop which shows how strong the real estate market is of the city as it is evident by upcoming luxury residential projects in Goregaon. The good news is the winter is coming to an end for residential property in Goregaon and now would be a good time to buy one if you want to invest in real estate. Many affordable luxury homes in Goregaon should interest you if you plan on making a real estate investment that would give you the best returns on your investment. The reason why Mumbai’s real estate market would be among the first to make a recovery after the slowdown the market noticed is that the developers active in the city have taken proactive steps to bring people back to buying houses. With all said and done, let us focus on why it is the perfect time to purchase residential property in Goregaon.

It seems the real estate market is not getting a break from bad luck; first, the law changes, and then the pandemic lockdown has taken the strongest hit on it. But as the saying goes, once you hit the rock bottom there’s only one place to go, up. The demands have seen an increase in affordable luxury homes in Goregaon and to keep up luxury residential projects in Goregaon are being planned. The prices are also starting to get stable and it is predicted to finally see an upward trend start soon. But the new lowered prices have given rise to more demand from the consumer space. Other suburbs of Mumbai are also performing well during this revival of the market. The market is expected to recover way quicker now due to an overwhelming response from the consumers.

The pandemic has slowed down the real estate market but the slowdown is temporary, this means the demands have only grown and it is just the lockdown that is preventing the market from selling the units to consumers. The residential property in Goregaon that was projected to be sold off this year has not been possible but that’s mainly because the consumers can’t step out of the house. One of the hardest hit and fastest to recover markets was the real estate market in Goregaon. The pandemic has opened up the eyes of people who were renting and have finally made them go ahead and purchase a home for themselves. People have been looking up luxury residential projects in Goregaon and have been looking for affordable luxury homes in Goregaon to get the best value for the money. This has given hope to every real estate company in Mumbai and they now believe that the market will grow back to its former glory soon.

Because of the slowdown, the prices were dropped for the property which had seen an increase in demand. The seeds that were laid by the government to promote more real estate sales in previous years are slowly starting to bear fruits. Due to the current scenario and attractive prices the younger generation is moving away from rental and is finally buying.  This will prove to be a vital factor for the revival of the real estate market in Mumbai.

So in conclusion, is this the right time to buy residential projects in Goregaon? Yes, the real estate market is still strong for Goregaon, and right now is a good time to invest because of the attractive prices and chance of getting a high return on investments.

For people looking for a house in the city, the suburb known as Goregaon is where they are flocking towards. With new residential projects in Goregaon being developed every day to satiate the demand from people, you can understand the level of growth that the suburb is noticing. Not only people from middle classes have a place in Goregaon but also people who are looking for luxury residential projects in Goregaon can find a house to suit their taste. The presence of these luxury residential projects in Goregaon tells you that the locality has caught the attention of influential people as well. People are throwing their money to buy a residential property in Goregaon. But what is the appeal that Goregaon has for the real estate investors? Let us tell you why Goregaon has become a favourite of home buyers and investors.

1. Goregaon is well connected.

Goregaon railway station is one of the biggest railways stations along the western line. Goregaon can even become home for people who have travelled to the harbour line to get to their jobs because the railway station acts as a hub for the central and western line of Mumbai. If you buy a residential property in Goregaon you are also well connected to most of the city through roads. You are blessed in terms of transport even more; Goregaon also has a hub for the bus that has busses running to almost every part of the city. Goregaon has 2 major roadways passing through it i.e. Jogeshwari- Vikhroli link road and western express highway other than that SV road also run through Goregaon which gives it excellent connectivity to most of the city.

2. Perfect location.

Goregaon falls right in between 2 of the most influential suburbs of Mumbai i.e. Andheri and Borivali making it a perfect location for people to buy a residential property in Goregaon. Goregaon is also pretty close to major commercial areas of Mumbai like Andheri BKC and Bandra allowing people to stay close while also having a good lifestyle if they invest in luxury residential projects in Goregaon. Goregaon is also home to huge multinational companies. Top dogs at these MNCs like to stay close to their place of work which makes them invest in luxury residential projects in Goregaon.

3. A suburb with amenities.

Goregaon has many malls scattered in its border. Some of the best malls in Mumbai city can be found in Goregaon. The best brands and well-made multiplexes can be found in these malls in Goregaon which gives these malls a charm. When you buy a residential property in Goregaon you need to understand that you are making a smart move where safety is concerned. Goregaon has some of the best hospitals in the city on offer that you can use during an emergency. Even if you have children you don’t need to worry because Goregaon has some of the best schools to offer your kids the best education possible. Goregaon is like an all in one package where amenities are concerned about making new residential projects in Goregaon that much more desirable.

4. Hybrid market.

Goregaon is not only well known for residential real estate projects but also commercial real estate projects as well as making the real estate market in Goregaon a hybrid market. This makes both commercial and residential investors interested in investing their money in the suburb. Another big attraction for people towards Goregaon is the presence of the film city. The actors who work on the sets of film city have made the demand for luxury residential projects in Goregaon rise. This is why the prices of Goregaon were stable while the rest of the city saw a drop in the prices.

5. Return on investment.

Any investor who invests money in a project expects a high rate of return. In the grand scheme of things, Goregaon’s real estate is relatively new when you compare it to the rest of the city. The biggest growth in demand in the city can be seen in the demand for residential projects in Goregaon. Investing in a new residential project in Goregaon now would yield some of the best results for the investors. And investors have taken a notice of it which is further driving the demand up for flats in Goregaon. Investors have seen an 8% increase in the prices of the residential property in Goregaon this year. Despite the poor economy, the amount of growth Goregaon is showing is astonishing.

6. Goregaon has a booming real estate market.

Goregaon is getting attention because of its sound infrastructure and comparatively affordable property prices, encouraging developers to launch new apartments here. There are around 169 projects in the locality, of which 112 are ready to move in and 45 are under construction. People are looking to take advantage of the situation and get their money invested in new residential projects in Goregaon where they are guaranteed to see growth in their investments.

Given the reasons, it is now easy to understand why Goregaon has become the best place for real estate investors to invest their money in.

 When you buy a residential property in Goregaon you might become a homeowner but being a happy homeowner might take you some more research before buying. For the home-owning experience to be delightful the flat that you buy should come with amenities. Not only should the luxury residential project in Goregaon that you buy your house be loaded with amenities and also the locality that you buy your house in. But what amenities should you look for when you buy a luxury residential property in Goregaon. Let us have a look at some of the amenities you should look for in and around a new residential project in Goregaon that you plan to buy your house in.

1. Car parking.

When people buy a new house they usually buy a new car with it as well. Regardless if you own a car or plan to own one in the future knowing about the parking facilities in the luxury residential project in Goregaon you plan to buy your house could help you save yourself a lot of hassle later on. A car is an essential investment for the family for whom you bought residential property in Goregaon. Not having a proper car parking facility could lead to your new car getting damaged due to various reasons and it hurts when you see your car damaged due to no fault of your own. Making sure society has proper parking space on the premise could help you avoid such unforeseen events. Looking for a parking space in the society is a must when you buy a residential property in Goregaon.

2. Security

When you buy a house in a new residential project in Goregaon make sure you check for the security the society has to offer. New residential projects in Goregaon require the entry points to the residential area to have fingerprint scanners, locked premises, and CCTV cameras by law. Having a secure society not only means you can rest easy but also that you don’t have to worry about your family’s safety. Security is one of the most important amenities that you should look for when you buy a residential property in Goregaon. Having security becomes even more important for people who have old people and young children as a family in their household because they are more susceptible to crime. Also, look for societies that have a lot of security guards manning every entry/exit point of society.

3. Elevators

If you are planning on buying a flat in a luxury residential project in Goregaon, the elevator is one of the more important things to look for because these projects are usually high rise structures. Look for residential projects in Goregaon that offer more than one lift and the lifts should have a large carrying capacity. It is annoying to wait for the lift especially when you live on higher floors because it becomes too tiresome to climb the stairs. A taller building means more people using the lifts and the more lifts make sure that people don’t need to wait for a long time for a lift.

4. Kid’s area.

Most new residential projects in Goregaon offer space for kids to play within society. If you are buying luxury residential property in Goregaon, you might have bought the flat for the whole family to be happy and kids are an important part of that family as well so we must not forget about them. A play area in the society means your kid can play as much as they want to without you worrying about their safety. Your kid won’t need to leave the society premises to enjoy some physical activity which is much needed for a growing child.

5. Market.

When you buy a flat in a luxury residential project in Goregaon, make sure that the market is close to your new flat because of the convenience. Having a market place nearby means you don’t spend a lot of time trying to get daily household items or search far and wide to get them. The convenience of having a market nearby cannot be taken for granted when buying a residential property in Goregaon. So before you buy a flat make sure you scout the area for what is available in the locality as well.

6. Infrastructure.

You should look for the facilities that are available around the locality that you buy the residential property in Goregaon in. When you buy a residential property in Goregaon make sure the house is well connected to the rest of the city and travelling to other parts of cities is easy. The locality should have good public transport and road infrastructure. You should also look for social infrastructures like hospitals and schools because of the convenience and safety of yourself and your family. these amenities cannot be taken for granted not only are they useful during emergencies but having these amenities also drives the prices of the house quite a bit.

Mumbai is the city that runs on overdrive 24/7 and Goregaon is a suburb that has quietly been growing in prominence and is becoming one of the high demand suburbs. People have been flooding in from all around the country to fulfill their dreams of being successful which has created a problem for the city to house all these people who are coming in. people prefer buying residential property in Goregaon. This demand has prompted a lot of people to even buy flats in new residential projects in Goregaon as an investment. The whole country follows the trend that Mumbai starts when real estate is concerned. This makes Goregaon a key player in shaping the whole real estate market just because of the demand it is seeing. In recent years Mumbai has many luxury residential projects in Goregaon being planned and going under construction. Both commercial and residential property in Goregaon is in high demand. People should invest their money because the graph for returns on investment is only set to go up. 

1. Goregaon is the futuristic real estate market.

The real estate market of India has seen drastic changes and Mumbai has been one of the biggest players in influencing the change. Real estate developers are coming up with new residential projects in Goregaon because of the demand. Construction of Luxury residential projects in Goregaon has also drastically increased. New residential projects in Goregaon have become experimental and are bringing the consumers world-class amenities and integrating them into the houses they build. Buying a residential property in Goregaon now comes with a children play area, swimming pool, a social club, and a senior citizen corner. New residential projects in Goregaon are built with society kept in mind. These amenities are hard to find and are in big demand.

2. Goregaon is part of a commercial hub.

Mumbai is a commercial capital of India and is connected to most of the world financially Mumbai is a perfect city to start your business and try to make it among the top players. Because Mumbai has so many opportunities for people to take advantage of people to migrate to Mumbai from all around the country. This also means there is a huge demand in every sector of real estate markets. Goregaon is providing a place for these newcomers in the city to stay and make their dream come true.

3. Good connectivity to the city for a suburb is a must.

The days of being stuck in traffic are coming to an end. If you buy a flat in new residential projects in Goregaon you won’t face the trouble trying to reach any part of the city. The traffic has become manageable throughout the city and with more alternative public transports to choose from like metro, monorail, busses, and the local trains the city is very well connected. One of the biggest needs of a person who lives in the city is to be well connected to every part of the city no matter where they are within the city. The connectivity is drawing more people into the city which is creating more demand in the real estate market which will eventually lead to the market becoming successful to the investors.

4. Guaranteed return on investment.

Anyone who invests money in anything expects returns on the investments. Goregaon’s real estate market has a Midas touch; anything you invest will become gold in a short time from your investment. This is why real estate developers in Mumbai are coming up with new residential projects in Goregaon giving it a strong foothold in terms of real estate investment as it continues to develop and attract many potential homebuyers.

5. Goregaon’s houses are still light on the pocket.

With real estate purchases costing more than anything else they will buy in their lives, Goregaon is a breath of fresh air. But Goregaon has come as a solution to absurd property prices in Mumbai with its affordable residential property in Goregaon. Moreover, affordable luxury homes are also becoming popular among many city dwellers as they promise a lavish lifestyle without compromising on the budget. This is making Mumbai even more desirable for investors to invest their money into the city.

6. Goregaon has a new infrastructure.

Because people from all over the country visit Mumbai in search of opportunity the infrastructure has to keep itself evolving to keep up with the demands. Lately, the development of Mumbai has been much quicker than the rate at which the population grew giving it an edge. To support the new population there have been multiple infrastructure programs that have gone under construction and much more in the tube ready to be launched. Goregaon is one of the few localities that have seen almost the entire new infrastructure serving it. The real estate prices in Goregaon are also going up due to this.

All of the reasons combined make Goregaon a lucrative market for investors to invest their money and buyers to buy a house. The growth of the property market in Goregaon won’t stop now.