Thanks a lot Roshini........ How is the social and physical infrastructure of Goregaon East? Which are the upcoming infrastructure projects that are expected to improve the real estate market of locality?
Ur welcome Mansoor!!!! Goregaon East has well developed social and physical infrastructure and this has made the locality one of the most preferred residential localities in Mumbai. The demand mainly comes from the high income group. Earlier it was a middle class neighborhood. But in recent times, it has become an upmarket area. As such, it attracts many upper middle class and high income people including television actors, working professionals and businessmen.
Some of the infrastructural projects which are expected to improve the locality include: Rail connectivity is under construction between the Harbour Line from CST to Goregaon. A flyover is planned along the Goregaon-Mulund Link Road, which connects to Link Road on the west and Goregaon East on the other side. Once completed it is expected to effortlessness traffic.
Hi Folks....... I go through your post and found that everyone has shown only the positive points of the locality but there are few disadvantages or you can say that not so good for the working people.
Roads during peak hours are jam packed, which makes taking out your vehicle a nightmare. The road beneath Dindoshi flyover often witnesses heavy traffic jam during this time, making the roads around Dindoshi Bus Depot and Western Express Highway too congested to drive through.
Hi Mansoor ji!!!! The locality is well developed and has both residential and commercial real estate options. Some of the colleges located around the area include St. Pius X College, Ryan College of Engineering and Management, Whistling Woods International Institute etc. The hotels located around this area include Karan Palace Hotel, Sai Leela Hotel, Grand and Sarovar Premiere. The Oberoi and The City Centre Mall located in Goregaon West is in proximity to the locality. PVR Cinema and Movietime Cinemas are the two of the multiplexes located here. It has a number of night clubs and pubs. The locality also has a number of clinics and pharmacies. Lifeline Medicare Hospital, Gokuldham Medical Center, Sai Sparsh Hospital, and Aarey Hospital are some reputed health care facilities in the locality.
Good Morning Pradyuman and Khushi!!! Apart from that, Goregaon-Mulund Link Road, harbour line of the suburban railway network and 2nd line of Mumbai monorail are expected to come here, making the area more attractive from a real estate standpoint. The Andheri Metro station is located within 7.5 km from here. The locality also has many lanes and minor roads which enhance the connectivity here.
The locality is surrounded by micro markets like Andheri, Mulund, Malad, Kandivali, Borivali and Versova.
Thanks Vasanth.... Which class of people are mostly active in the locality and BHK options available in the locality? How is the lifestyle of people there?
@Khushisha..... Goregaon East was earlier a middle class neighbourhood. But in recent times, it has become an upmarket area. As such, it attracts many upper middle class and high income people including television actors, working professionals and businessmen. Properties are usually available in the mid, luxury and ultra-luxury segments. Most of the available residential properties are 1, 2 and 3BHK apartments.
Oberoi Mall and The Hub provide plenty of options for lifestyle shopping, cinema, entertainment and eating out. The area has several multi-cuisine restaurants and fast food outlets. It offers the best of both the worlds: urban living as well as lush green cover.
Good Morning Khushi, Goregaon East is a suburb of Mumbai located in the city's northern part. The growth of the region started after the 1970s due to commercialization of the area and the settlement of a large number of people. It is situated just beyond Andheri and in the neighborhood of Powai. Due to its closeness to Powai and Andheri, the area is close to important business hubs such as SEEPZ, SEZ and Kensington SEZ. The area is further connected to other areas and business hubs via Western Express Highway (WEH), JVLR, Aarey Road and SV Road.
Hi Pradyuman, Thanks for the reply. But my question is which are major growth factors which lead the real estate market in the locality? Which are the micro markets of Goregaon East?
Well Khushi, Goregaon East is one of the fastest growing residential localities in Mumbai. The locality has great accessibility and is well connected by the Western Line of the suburban train services, Metro rail, buses, private autos and taxis. The locality has roads like the NH-8, Western Express Highway, Aarey Road, Jogeshwari Vikhroli Link Road, Film City Road and Goregaon Mulund Link Road that pass through the area. The Mumbai International Airport lies within 10 km from the locality. An improvement in infrastructure, entry of top builders in the area and upscale structures have been the biggest drivers of growth here.