Hi everybody,
Yeasterday, the Maharashtra government will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", Maharashtra CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.

Shantanu Kumar, Mumbai

23rd April 2015

Comment

do u see 100% capital appreciation in ghodbundar road property price after 10-12 years???

abhishek, Mumbai

1st April 2014

Comment

Nobody can commit you for 100% capital appreciation. It depends on locality, budget, connectivity, civic facilities, infrastructural development and employment oppertunity of that locality.
Ghodbunder Road is one of the top locality of Mumbai and an important real estate market in India. The current property rate in this locality is Rs. 8550/sqft compare to the last year price Rs. 7950/sqft. One can himseld calculate the rate of appreciation in a year. It increased by 10% yearly.

Rakshit, Mumbai

10th April 2014

Well,
Can you tell me something about the locality? Why many people keeping this area as their preferred location?

Lalit Verma, Mumbai

10th April 2014

Okey,
Due to commercial as well as residential properties in Ghodbunder, many people are keeping this area as their preferred choice. It is well connected to Mumbai and localities such as Mulund, Thane, Mira Road, Ghatkopar and Bhandup. The connectivity of the area from the international airport also makes real estate rates going up in the locality.

Rakshit, Mumbai

10th April 2014

Hello Vineet,
Moreover the locality is dotted by malls such as Lake City Mall, HyperCITY and R-Mall. While, there are many reputed educational institutes, hospitals, banks, are in pipeline and soon to come up in the area. With good infrastructure, connectivity and affordability Ghodbunder Road can been seen as the promising location that can not only offer good returns to investors but also a better lifestyle to end users.

Praveen Modi, Mumbai

25th March 2014

Comment

Dear Sankalp,
In fact the connectivity also matters most. Ghodbunder Road offers good connectivity to all the areas falling on both the sides. It is connects the Eastern and the Western Express Highways. Through Western Express Highway the area is about half an hour drive to Chhatrapati Shivaji International Airport. The expressway also helps Ghodbunder Road to be well connected to Old Agra Road and Mumbai-Nashik Highway. The Lal Bahadur Shastri Road is also accessible from Ghodbunder Road that provides the connectivity to Mumbai-Pune Highway.

Deepankar Godbole, Mumbai

25th March 2014

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Yes Deepankar.
Also, the monorail is proposed in the area to enhance the connectivity the western suburbs such as Mira Road and Borivali. Apart from this, in a bid to solve the traffic jam woes, there are four bridges have been constructed within two kilometres of the area in the last one year. Moreover, few more bridges are coming up on the Ghodbunder Road, along with foot-over bridges which are expected to be functional soon.

Vineet Tendulkar, Mumbai

25th March 2014

Hello,
With the improvement of infrastructure, the area started becoming attractive by the middle of the last decade. The increased population in the centre of Thane city and the corresponding increased pricing of real estate, Ghodbunder Road started drawing more and more home buyers due to the affordability of the location.

Lalit Verma, Mumbai

25th March 2014

Comment

Yeah Lalit,
Ghodbunder Road still remained a preferred destination for price-sensitive home seekers due to its comparatively lower rates when viewed against core Thane city, Mulund and other areas. The area offers property at the average range of Rs 8,000-9,000 per sq ft. It seems that capital values of multi-storeyed apartments in the area have steadily increased almost 10 per cent in the last couple of years.

Sankalp, Mumbai

25th March 2014

Yeah Rakshit,
Ghodbunder Road today is seeing a high traction from home buyers. Sometime back the road was categorized as a green forest area, but today, over five million of space is deployed for residential and commercial development.

Bikram, Mumbai

25th March 2014

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Hi Bikram,
Very sad to know that the green belt is getting vanished as it is leading way to high rise structures and sky scrappers in this part of the city. Nowadays more and more trees are getting chopped as construction work is underway.

Padma G, Mumbai

25th March 2014