Mumbai the main city is in a peninsular area because of which in the previous decades it saw more vertical growth, making it a crowded,congested and polluted city. Over the last two decades the expansion has been horizontal, giving rise to highly developed suburbs and high-growth corridors. These newer areas of the Mumbai Metropolitan Region have seen immense infrastructure development and multifold increase of realty prices. These suburbs have become posh localities with properties here commanding a high premium. Shining examples are Powai and Thane which were once underdeveloped deserted areas and are today full of high-end commercial and residential properties and a complete town within it. With the proposed 100 Smart Cities, development of business districts will take place in areas beyond main Mumbai. For example the realty prices in Lokhandwala, Jogeshwari, Vikhroli, and Kanjurmarg are already witnessing a steep incline due to the proposed metro line construction which will enhance the connectivity of these areas.
Ideal for the prudent investors looking to invest in a properties which are likely to show high appreciation is Runwal Bliss, a residential project coming up on Kanjur Marg (East) in the Central Mumbai suburb. Being developed by the well-established Runwal Group, this property has on offer a lifestyle beyond compare. It is spread across a whopping 10 acresand has 6 elegant towers of 37 floors each. A total of 1188 sophisticated apartments of 1, 2, 3, 4, and 5 BHK configurations will be of varying sizes of 835 sq. ft. to 4000 sq. ft. A whopping 70% of the total area is reserved for open landscaped greens.
The gated community which is a landmark of luxury and bewitching ambience, has enticing amenities such as barbecue, gazebo, jacuzzi, party lawn, temple, sauna, club house, spa, steam room, infinity swimming pool, gym, and cafeteria. In addition it has services like grocery shop, library, and school. Numerous sports facilities include an aerobics centre, courts for badminton, tennis & squash, cricket pitch, jogging track, and a skating rink.
It is surely a sound investment with assured high returns for the aspiring buyers!