Why Mumbai’s Western Suburbs Will Be The Hottest Property In 2023?
It’s no secret that Mumbai’s real estate market is booming. Property registrations in 2022, according to numbers compiled by Knight Frank, are the highest in a decade, and 9% more than in 2021. Not surprisingly, the Western Suburbs account for half of these registrations.
For decades now, Mumbai’s western suburbs, from Andheri to Borivali, have been a preferred choice for home buyers for many reasons: seamless connectivity, excellent infrastructure, great choice of complexes, vibrant entertainment, shopping hotspots, and world-class educational facilities.
But in the last couple of years, a slew of large-scale infrastructure projects planned and underway, have made the Western Suburbs one of the hottest properties in India.
Let’s explore why Mumbaikars are going West in search of a home.
1. Seamless Connectivity
The Western Suburbs have always been well-connected by road and rail to other parts of Mumbai. Jogeshwari, for example, is a 10-minute drive from domestic and international airports. The business districts of Bandra Kurla Complex and Lower Parel are well-connected, too, and Metro Line 1 and Jogeshwari Vikhroli Link Road have improved connectivity with the Eastern Suburbs.
But it’s the planned mega infrastructure projects that will truly transform the face of the Western Suburbs and its connectivity to other parts of the city.
2. Mumbai Metro
The first metro line between Andheri and Ghatkopar has already made travel between the Western and Eastern suburbs easier. Two more lines (2A and 7) are functional making commuting to and from the western suburbs much easier. The city will have 11 more lines, spanning over 300 km and connecting the Western Suburbs ever more seamlessly with the rest of the city.
The Coastal Road: The ambitious 22-km long coastal road will connect Marine Lines to Kandivali and cut travel time between the two from 2-3 hours to under an hour. This will decongest
The Goregaon Mulund Link Road (GMLR): We have already seen how the Jogeshwari-Vikhroli Link Road has transformed West-East connectivity since it was built. The 12-km GMLR will decongest JVLR and the Western Express Highway and massively cut travel time between the Western and Eastern suburbs.
3. Social Infrastructure
The real estate boom in the Western Suburbs has coincided with the rapid growth in social infrastructure. Be it multispecialty hospitals or educational institutions; be it shopping and entertainment centers or sports and recreation clubs; be it luxury hotels or dining out, the Western Suburbs have some of the best options in the city. The suburbs also have excellent water and power supply and sewage and drainage facilities.
The Western Suburbs are among the greenest in Mumbai with the sprawling Sanjay Gandhi National Park at one end and the Aarey Milk Colony right in the middle providing the bustling city with much-needed breathing space.
4. Commercial Hub
While the suburbs are well connected to the business districts of BKC and Lower Parel, they are also thriving commercial hubs in themselves. Be it the software development hub in SEEPZ or the sprawling back-office hotspots in Malad West or the series of office complexes lining the Western Express Highway from Jogeshwari to Malad, many leading Indian corporates and MNCs have their bases in these suburbs. Employment opportunities, therefore, are aplenty, allowing you to cut down on your travel time. The Western Suburbs are also home to Film City, where most of the Bollywood magic is created.
Best Lodha Developments In The Western Suburbs
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If you want all the luxury and yet be at the heart of the pulsing city, Lodha Eternis, in Andheri, is a great option for 2BHK and 3BHK premium apartments.
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A 10-minute drive away, just off the Western Express Highway, is Lodha Unica which offers designer 1BHK homes in Jogeshwari.
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To the west of Unica is Lodha Bel Air with its beautiful art deco architecture, designed by Hafeez Contractor. Lavish homes, over a lakh square feet of spectacular landscaping, including a tree walkway, heated indoor pools, world-class interiors, and an unmatched lifestyle.
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The next stop is Lodha Malad (Codename Never Before), an upcoming luxury complex in Evershine Nagar that brings the good life to Malad, with top-of-the-line amenities, spacious homes, 70% open space, and a grand clubhouse.
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Further north, in Kandivali, lies Lodha Woods, a wonderfully landscaped oasis of serenity. Forget the cares of the day and unwind with spectacular views of the Sanjay Gandhi National Park and its forest garden. Choose from 2BHK, 3BHK, and 4BHK configurations – some with grand decks and WFH spaces. Once you settle here, you may never want to leave home.
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And, finally, the wait is over for Mira Road residents as Lodha brings its trademark style to the suburb with Lodha Supremo, 2BHK apartments with decks that give you spectacular views of Vasai Creek
Another exciting project to look forward to is the soon-to-be-launched Lodha Kenspeckle, off the Western Express Highway in Andheri East. Watch this space for more in the coming weeks.
There is no doubt that the Western Suburbs are a residential haven. They boast a cosmopolitan culture, innumerable shopping and entertainment options, easy access to the best amenities, wide-open green spaces, and an enviable lifestyle. From a real estate perspective, the Western Suburbs are also a great investment option, offering the potential for high rentals and good capital appreciation. So, if you are looking for a new home in 2023 or you are considering investing in real estate, look no further than the Western Suburbs of Mumbai.
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