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Benefits of Buying a Flat in Vikhroli

Benefits of Buying a Flat in Vikhroli

By LODHA 02 November 2022

For many, the idea of buying a flat in the heart of Mumbai is the ultimate fulfilment, but most hesitate to invest a large sum of money in a house. They cannot decide which area is ideal for a property investment and whether they should buy a 1 BHK flat in Vikhroli or a 2 BHK flat in Parel. Another common dilemma is where to reside – in a rented apartment or purchase one of your own.

Amidst the towering skyscrapers and bustling streets, one neighbourhood stands out as a beacon of opportunity and promise – Vikhroli. Nestled in the heart of Mumbai, Vikhroli offers a unique blend of convenience, connectivity and lifestyle amenities that make it an ideal destination for flat ownership. Vikhroli is an eastern suburb in Mumbai with Powai to its west, Ghatkopar to its southwest, and Bhandup to its north. The central line of the Mumbai railway network segregates the area into west and east zones. But is It a good idea to buy flats in Vikhroli Let us take a look.

Seamless Connectivity

Located in almost the centre of Mumbai, all parts of the city can easily access Vikhroli. Many important highways pass through this area, connecting it to other cities. The LBS Marg connects Vikhroli to Jogeshwari, Bandra, and other western suburbs. The Eastern Express Highway connects it to Chembur, Thane, Vashi and Dadar. JVLR is a major arterial road that connects the Eastern Express Highway to the Western Express Highway and the eastern suburbs to the western suburbs.
People residing in flats in Vikhroli can reach Kensington SEZ in Powai within 20 minutes. The Bandra Kurla Complex is around 11 km away and well-connected via LBS Marg. You can also reach the Mumbai International Airport from Vikhroli in about 30 minutes.

Apart from road connectivity, many metro lines and bridges are expected to be developed in the area, and with all these amazing connectivity options, buying flats in Vikhroli makes a lot of sense.

Potential Investment Opportunity

Properties in Vikhroli have been a top investment choice for Indians. So, if you don’t need a flat in Vikhroli to start living immediately, you can purchase one as a form of investment. You can rent the property and enjoy a steady income. Now, in case you are currently staying in a rented apartment in Mumbai and want to own a home, you can consider buying flats in Vikhroli. So, either way, whether you live or rent out your flat in Vikhroli, you are making a sensible choice by purchasing a property in this region.

Reduce Rental Expenses

Mumbai is one of the most expensive cities in India, and the flat rents are ridiculously higher compared to other cities. So, people paying thousands of rupees in rent should consider buying a 1 or 2 BHK flat in Vikhroli.

Social Infrastructure

There are many flats for sale in Vikhroli with good social amenities. In Vikhroli, there are many reputed educational institutions like St. Joseph High School and Udyachal High School. The residents have easy access to reputed local hospitals like the Godrej Memorial Hospital. It also has open spaces in the form of public gardens.

Dynamic Real Estate Landscape

Vikhroli has many peaceful residential localities, such as Tagore Nagar, Surya Nagar, Godrej Colony, Kannamwar Nagar, and Raj Legacy. Many reputed developers are developing the areas even further. Lodha, for instance, has launched Lodha Codename Evergreen, also known as Lodha Vikhroli, for people seeking a lifestyle far above the ordinary.

The real estate project offers 2 BHK flats in Vikhroli with panoramic views, stunning architectural design, exceptional landscaping, world-class amenities, and smartly designed residences. These 2 BHK flats are for sale in Vikhroli, with a starting price of ₹1.56 crore all-inclusive.

Social Confidence

Owning a home, in most cultures, is a matter of pride and a sense of achievement. In that sense, buying a 2 or 1 BHK flat in Vikhroli, Mumbai, is surely a matter of pride. When someone can afford to buy flats in Vikhroli, quite an upmarket area, it boosts their self-confidence. It becomes a social symbol of accomplishment.

There are many ready-to-move projects and flats for sale in Vikhroli. The demand for residential properties in the west is higher than the eastern counterpart; the demand for 2 BHK flats in Vikhroli West is higher. Likewise, 1 BHK flats in Vikhroli East are more popular.

Frequently Asked Questions

1. Where is Vikhroli in Mumbai?

Vikhroli is located in the northeastern part of Mumbai, Maharashtra, India. It is situated between Powai and Ghatkopar, with the Eastern Express Highway passing through it.

2 .Is Vikhroli a safe neighbourhood to live in?

Yes, Vikhroli is widely regarded as a safe neighbourhood in Mumbai, with low crime rates and active community policing efforts. 

3. Are there shopping malls and entertainment options in Vikhroli?

Yes, Vikhroli boasts several shopping malls like R City Mall and The Hub, offering a variety of retail outlets, dining options, and entertainment facilities. Additionally, there are recreational centres, multiplex cinemas, and entertainment venues catering to residents' leisure needs in Vikhroli.

4. Is Vikhroli a good place to live?

Yes, Vikhroli is considered a desirable place to live in Mumbai due to its strategic location, excellent connectivity, abundance of amenities, and thriving real estate market. The neighbourhood offers a comfortable and convenient lifestyle for residents, making it a popular choice among homebuyers.

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