Benefits of Investing in New Residential Projects In Chembur

 Chembur is known for its commercial hub, making it perfect for a residential area. Read to find out about the benefits of investing in Chembur.

Chembur is a suburb located in eastern Mumbai. The city has been growing popular in the market because of its latest development, the Bandra Kurla Complex. Chembur has seen a constant rise in its real estate market. The new residential projects in Chembur are constantly increasing, the same locality known for its lower-middle-class housing. However, many developers have invested in Chembur, making it popular. 

Benefits of Investing In Chembur

Connectivity

Chembye has excellent connectivity. Making it easy to travel to South Mumbai, Central Mumbai, BKC, and many other places. It is also very close to the Airport and the express highway. In a city like Mumbai, transportation is one of the most important aspects to look out for a while investing. Chembur is also close to the Mumbai Suburban Railway. 

The monorail also has a terminus in Chembur. In addition, the Mumbai Metro is expected to start operating soon; the locality is also loaded with BEST and NMMT buses. Ola, Uber, and rickshaw services are also available here. It will greatly help the residents, making investing in residential projects a lucrative deal. 

Infrastructure

Chembur is one of the few central suburbs with exceptional infrastructure. Chembur has world-class hospitals, colleges, schools, and so on. The first step before investing in a residential area is ensuring that the basic amenities are present. Chembur has everything, and everything is nearby, making it easier for the residents living there. Chembur also has various eating joints and restaurants everywhere, making it convenient and helpful for the residents.

Industrial hub

In addition to commercial and residential areas, Chembur is close to many leading industries, offices, and so on. A few top companies with offices in Chembra include Petroleum Corporation Limites, TATA Poer, Bhabha Atomic Research Ventre, and more. In addition to that, Chembur is located very close to other industrial hub like Ghatkopar, Deonar Kurla, and so on. The connectivity is also excellent, making it a prime spot to rent and purchase a house in Chembur.

Affordability 

Investing in new residential projects in Chembur is worth it, be it the amenities or the infrastructure. Chembur ensures to provide everything at an affordable cost. Many investment options include flats, apartments, independent houses, and so on. Based on affordability, an investor can choose among the various options available.

Lifestyle

Chembur is known as its commercial hub and has plenty of malls and restaurants. It also has a golf course, gyms, clubs, etc. Chembur offers many amenities and deals, providing the residents with a lavish yet relaxed lifestyle. 

Chembur has many open spaces perfect for events, kitty parties, marriages, and other activities. Chembur is lush with greenery and has many gardens like Gandhi Maidan, Ambedkar Udtan Diamond Garden, etc. 

Price Forecast

Chembur is one of the areas in Mumbai that is seeing an increase in its property value. The price of land in Chembur is expected to appreciate by over 125 % by the next five years. Since Chembur has excellent connectivity with both the island cities as well as the western zone, among other benefits, it is the most appreciated among the different localities of Central Mumbai.

Why Invest in Chembur?

• Chembur has amazing connectivity, makings its residential projects extremely popular since residents are easily connected to everything they require.

• The locality is expected to see a high level of appreciation, and the return on Investment is expected to grow higher. Chembur has an average price of Rs. 12,000 per square foot.

• Chembur has many offices located in and around, making the place perfect for professionals, especially with the affordable rates and variety of options. 

• Chembur has lots of spots for recreational activities. From malls to gardens, Chembur is a vibrant locality.

• Many prominent schools and colleges are situated in the locality, making it a prime spot for investing in residential areas, especially for those looking to start a family. 

Conclusion

Chembur, located in central Mumbai, is considered one of the fast-growing localities in the city. It is a prime spot for investing in residential projects. Many residential projects are developing, and many prominent builders have invested here. Chembur’s growing real estate ensures a high ROI making it popular among investors.