Considering the rising demand for real estate in Mumbai, several bustling neighbourhoods have emerged as the new hotspots for investors and homebuyers. One can invest in new projects in Mumbai neighbourhoods to get excellent returns in the future.
Mahalaxmi-Byculla is a neighbourhood that stands out as one of the finest residential property stretches in Mumbai. It is home to several upcoming projects in Mumbai that offer optimal luxury for posh urban dwellers.
This article explores the key factors that make Mahalaxmi-Byculla Stretch one of the most attractive destinations for real estate investors in Mumbai and sheds light on the Mumbai real estate prices in Mahalaxmi and Byculla.
Keep reading.
1. Prime Location with Excellent Connectivity
The prime location of the Mahalaxmi-Byculla stretch is one of its most appealing features. It is strategically located in South Mumbai, making it accessible to some of the city’s most vital hubs. The area enjoys proximity to major business districts, educational institutes, shopping malls, and healthcare facilities.
It enjoys supreme connectivity to the rest of the city through various available modes of transport in Mumbai. For instance, the Eastern Express Highway is approximately a 30-minute drive that connects the area to Navi Mumbai and Thane. Further, the Bandra-Worli sea link at a distance of approximately 5 kilometres offers seamless connectivity with the western parts of the city.
Apart from the roadways, a robust railway network connects the area with other locations in Mumbai. The upcoming Mumbai Trans-Harbour link and Metro Line 3 will further improve the connectivity and the ease of commuting for daily travellers.
2. Rapidly Developing Social and Physical Infrastructure
The Mahalaxmi-Byculla stretch is home to the best infrastructure in Mumbai. The area boasts world-class infrastructure developments that can enhance the residents’ quality of life. These includes the famous Mahalaxmi Racecourse, the Nehru Planetarium, and the Byculla Zoo.
Many famous buildings such as the Peninsula Business Park, the World Trade Center, the Empire Business Center, and the Bombay Stock Exchange are located within a 10-kilometre radius.
Furthermore, the presence of renowned educational institutes and healthcare facilities, such as St. Xaviers College, Sir J.J. School of Arts, Podar International School, Christ Church School, Wockhardt Hospital, Masina Hospital, and the Reliance Foundation Hospital, make the Mahalaxmi-Byculla stretch an appealing choice for families.
3. Stunning Views with Ample Green Spaces
Homebuyers consider the view from their balconies or bedrooms as a crucial factor when choosing their dream home. Most housing projects in the Mahalaxmi-Byculla stretch are designed to offer stunning views of the iconic 140-year-old Mahalaxmi Racecourse that hosts the iconic derby races and Sunday brunches.
Besides, the residents can also enjoy the picturesque views of the Rani Baug playground and the expansive Arabian Sea. Such majestic views on either side make the Mahalaxmi-Byculla stretch a coveted and dream destination for the city’s elite home buyers.
4. A Plethora of Upcoming Projects with World-Class Amenities
The Mahalaxmi-Byculla stretch is home to several upcoming residential projects in South Mumbai. Some of the finest real estate developers are offering luxury apartments in Byculla and Mahalaxmi. Piramal Mahalaxmi and Piramal Aranya, being built by group company of Piramal Realty, are some of the top housing projects in this belt, offering premium 2,3, and 4-BHK Flat with extraordinary amenities.
The project features impeccably designed flats for ultimate luxury and comfort. Residents can enjoy the mesmerising views of the Mahalaxmi Racecourse, Rani Baug, and the Arabian Sea.
Some top amenities offered by these projects include a rooftop observatory deck, library, spa, ClubHouse lounge, fitness centre, yoga room, garden lawn, jogging track, indoor games room, and an infinity pool, among others.
5. Cultural and Historical Significance of the Location
The cultural and historical significance of the Mahalaxmi-Byculla stretch also makes it a great option for those looking to invest in real estate in Mumbai. The area is home to several spiritual and historical landmarks.
The Mahalaxmi Temple, dedicated to the Hindu Goddess Mahalaxmi, is a renowned spiritual centre. The Haji Ali Dargah, a sacred monument of Muslims, is also located within a 1-kilometre radius. Other cultural landmarks at these locations include the Gateway of India, Dr. Bhau Daji Lad Museum, the Gloria Church, and Jijamata Udyan.
The presence of such landmarks in these areas attract home buyers across diversities and communities in the future.
To Conclude
The future of real estate in Mumbai, especially after the development of such promising neighbourhoods, seems bright. With property rates in Mumbai rising constantly, one can invest in the top housing projects today to reap handsome rewards in the upcoming years.
Considering its prime location, breathtaking views, historical significance, cultural heritage, and robustly developing infrastructure, the Mahalaxmi-Byculla stretch holds immense potential for real estate investors.
The area is home to several swanky residential projects from some top real estate builders in Mumbai, such as Piramal Realty.
Disclaimer- This article is based on the information publicly available for general use as well as reference links mentioned herein. We do not claim any responsibility regarding the genuineness of the same. The information provided herein does not, and is not intended to, constitute legal advice; instead, it is for general informational purposes only. We expressly disclaim /disown any liability, which may arise due to any decision taken by any person/s basis the article hereof. Readers should obtain separate advice with respect to any particular information provided herein.
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