Here’s why Vikhroli is a Hot Property Market in Mumbai

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Vikhroli is a suburb of Mumbai that has emerged as an important residential area in the eastern part of the city. The area is well-connected to key areas of Mumbai such as Ghatkopar, Powai, Mulund, and Andheri. The peaceful nature of Vikhroli, together with its parks and shopping centres, is helping to drive the residential property market in Vikhroli. Many prospective home buyers are seeking basic residential units such as 1 bhk in Vikhroli. In response, real estate developers are working to develop such properties In Vikhroli and its adjacent areas.

Road connectivity is a prime driver that is propelling the real estate market in Vikhroli. Investors and homebuyers that seek the 1 bhk in Vikhroli residential unit are attracted by rapid connections via Agra Road, Lal Bahadur Shastri Road, and the Eastern Express Highway. These options offer residents a choice to connect rapidly to various parts of western Maharashtra. Other connections include Chhatrapati Shivaji International Airport, which is located an estimated 19 kilometres from Vikhroli. However, residents of Vikhroli have to cover 23 kilometres to connect to the Central Railway Station of Mumbai.

Amusement parks, schools, colleges, hospitals, play areas, shopping malls, gas stations, and banks represent some of the social amenities of Vikhroli. Homebuyers interested in 1 bhk in Vikhroli have the benefit of the nearby Tagore Nagar market, which offers fresh vegetable produce. Old homes in Vikhroli are undergoing redevelopment into multi-storied apartment blocks on a large scale. Such developments help real estate developers to cater to the emerging demand for 1 bhk in Vikhroli. As a result, some noted real estate developers are working to construct new residential properties in Vikhroli and its immediate vicinity.

Modern shopping malls represent an enduring leisure attraction for citizens of urban India. The buyers of 1 bhk in Vikhroli can avail multiple choices in terms of such recreational activity. R-City Mall, D-Mart, Phoenix Market City Mall, Home Depot, and Magnet Mall are located in the general area of Vikhroli. Residents of Vikhroli can spend quality time with their families at these leisure and shopping destinations. In addition, popular dining outlets and food joints like Timbuktoo, Pop Tate’s, The Hill Green, Moksha, and Shanghai Express add to the allure of Vikhroli as a residential market.

The above factors are helping to sustain demand for affordable housing such as 1 bhk in Vikhroli. Investors and homebuyers must consider this thriving suburb for their first home in Mumbai city.

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