Homes and offices that are located in the accessible region with a proximity to transportation facilities definitely have an impact on the real estate of a city. And if we talk about Mumbai, then the proximity becomes all the more important. Mumbai has two types of customers; one who make their decision on the basis of location and others who make their decision on the basis of amenities.
 
Although, the market is ruled by the first type and location is one thing that leaves an important mark in the buyers mind while making this decision. Mumbai also witnesses new developments that give the location as well as the amenities advantage.
 
Infrastructural Developments in Mumbai and their impact on the real estate market

Transportation and infrastructure economies have always left a positive impact on any city when it comes to real estate. The locations that are affected by these developments have an edge over the other locations. These locations are more sought after and hence attract buyers as well as the developers.

The developers readily look forward to come with new developments in the area in order to meet the growing demands in the location. Some of the infrastructural and transportation developments that have taken place in the recent times in Mumbai are:

•    The Mumbai Metro
•    The Eastern Express Highway that connects South Mumbai to the eastern suburbs
•    Vikhroli–Jogeshwari Link Road
•    Mumbai Monorail
•    Santacruz–Chembur Link Road
•    Western Express Highway

Infrastructure and transportation developments have provided a perfect backdrop for realty growth in Mumbai.
 
Residential Developments in the Heart of the City

There are a number of residential developments that are taking place in the heart of the city. One such example of a residential development in the heart of Mumbai is Anmol Fortune by Wadhwa group.
 
Wadhwa Anmol Fortune is a twin tower marvel that offers a blend of 2, 2.5 and 3BHK apartments that are aesthetically designed and spacious apartments.  The project is planned with highest degree of perfection and location analysis. Living in this residential society, you will be able to enjoy amenities like a club house with fully equipped gym, steam, sauna, swimming pools, landscape gardens, amphitheater, jet dry fountains, play area for children, rooms for indoor games like snooker and table tennis, multi-purpose courts, in house vendors and more.

Each apartment in Anmol Fortune is cross ventilated and has laminated wooden flooring in common bed room and marbonite flooring across the apartment. The developers provide with every internal amenity that makes an apartment premium.

The Location

Goregaon is very well connected to other suburbs of Mumbai through various roads like the Western Express Highway, SV Road, Link Road and Jogeshwari-Vikhroli Link Road. It lies in between Andheri and Borivali that are two major residential hubs of Mumbai. The area is becoming a popular IT hub with a lot of corporates setting up their bases here.

Investing in this location is sure to give you good returns on investments.

Last Words

Mumbai which was earlier identified by unorganized developments and industrial zones have witnessed a noticeable change due to infrastructural and transportation development in the city. Investing in new projects that are near to these developments see a greater growth in demand and hence will give greater return on investments.

Article Posted By : sanjanamurya  On August 25, 2014lView All Articles

Akansha Arora is a professional writer and blogger. She is happy to pen down her views for various domains like career advice, real estate and more that interest her. Follow her at akansha.arora2112@gmail.com</

Article Source :

http://www.veethi.com/articles/understanding-the-role-of-infrastructural-development-in-the-real-estate-scenario-of-mumbai-article-3217.htm

Keywords :
Wadhwa Anmol Fortune , Wadhwa Anmol Fortune Mumbai Andheri Dahisar