Why are Home Buyers Investing in Ghansoli’s Real Estate?

Real Estate
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Ghansoli in Navi Mumbai, among the other localities of the city, has experienced enormous developments in the past few years. This place has witnessed a massive uprise in the sector of commercial and residential real estate. Moreover, infrastructural development has also been at a consistent pace.

On one end, where the posh localities of Mumbai have high pricing for their residential properties, Ghansoli brings affordability and rich investment opportunity for home buyers.

Here’s why people are quite interested in investing in the real estate of Ghansoli.

Affordability is On Point!

As already stated, affordability undoubtedly stands as the first and most important point that draws the attention of home buyers towards buying property in Ghansoli, Navi Mumbai. The average pricing per sq. ft. for properties here is around Rs. 15,500. And the price appreciation trend is at around 7% in the last year.

Thus, you can conclude that buying a 2 BHK flat in GhansoliNavi Mumbai is fairly cheaper than other posh localities of the city. If you want to live in luxury high-rise apartment buildings in Mumbai, but don’t want to invest a fortune in it, then this is the locality anyone should count on.

Well-Planned & Constantly Improving Connectivity

As far as public transport is concerned, Ghansoli has one of the best local connectivity in all of Mumbai. The local trains that ply between Vashi and Thane, stops at the Ghansoli station. The frequency of trains that stop at this station, connecting this locality to other parts of Mumbai, is 5-10 minutes during peak hours and 15-20 minutes during regular hours.

When you are traveling via train, it will take you around 15 minutes to reach Vashi or Thane. Thus, it is very convenient for daily commuters, as they can avoid the rush of traffic. Moreover, BEST buses also ply from Ghansoli for residents of the locality to commute to Worli, Mulund, Chembur, Vashi, Borivali, and other parts of the city.

The ShilPhata-Mahape Road and the Thane-Belapur Road are the arterial roadways that pass through Ghansoli Sector 1. Further developments linking Ghansoli with major hubs of Mumbai are also advancing the real estate trend of the locality.

Living at Ghansoli, you will be only around 12 km away from the major business hubs in Navi Mumbai. Taking the Eastern Express Highway, you can reach Andheri East by driving around 21 km from the locality. BKC is located at a distance of 24 km from Ghansoli.

Physical & Social Infrastructure is Exceptional!

Earlier, Ghansoli was just a rural area and had nothing much to praise the locality. But, once it was under the nodal plans associated with Navi Mumbai, initiated by CIDCO, the developments started at a very fast pace. Physical and social infrastructure was developed in order to add convenience for the people residing here.

Just like other nodes of Navi Mumbai, Ghansoli was also divided into two halves, east, and west. The eastern part of Ghansoli is considered to be immensely developed, whereas the western part still has a lot of mangrove forests. But, the authorities have plans to build connectivity infrastructure at those sites, for which the western half will also gain considerable popularity.

Thus, such advances are what is helping Ghansoli gain the attention of home buyers. People have realized the potential of real estate in Mumbai, and with the fast-paced developments, they don’t want to miss the opportunity of buying a reasonably priced 1 or 2 BHK flat in GhansoliNavi Mumbai to enjoy its price appreciation in the long run.

Some of the noteworthy physical and social infrastructure of Ghansoli are:

  • Xavier’s School
  • Anglo Vedic School
  • ManyaTilak College of Engineering
  • Suruchi Eye Centre
  • Ashray Hospital
  • Apurva Multispecialty Hospital
  • Inorbit Mall, Vashi

Conclusion

So, these are a few of the things that are constantly motivating home buyers to look for 1 or 2 BHK in Ghansoli for sale. For most home buyers, the idea is to live a luxury lifestyle close to the city’s amazing amenities and invest in a consistently appreciating property.

So, if you have made up your mind about buying a property in Ghansoli, then Blox will be assisting you in this quest. Turn up Blox, select your location, set the budget, choose the property type, and click on ‘Search.’ You will then see a long array of relevant property matches for you to choose from. When you see the one property that catches your attention, book a site visit to learn more about it.

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