Wadala has offered one of the highest returns on real estate investments in the area for more than ten years. The locality has gone through a significant transformation over the past ten years, from to a great extent being a modern zone to an upcoming residential market. Its nearness to Bandra-Kurla Complex (BKC) prodded huge scope land advancement, filling the housing market. It is likewise an illustration of numerous infrastructures driving an area's housing market.
Also, it is close to other known locations of Mumbai such as Parel, Sion, Dadar, and Chembur. Many completed, as well as under-construction high-rise residential projects in the locality, are Ajmera Bhakti Park, Balaji Vertu, Lodha New Cuffe Parade, Aditya Prime, Siddha Sky, Ozone the Autograph, The Baya Grove, and Sanghvi Heights. Moreover, Dosti Acres and Ajmera i-Land are major residential townships within Wadala.
Settled between South Mumbai and the suburbs, Wadala enjoys a strong network (by road and rail) to most parts of Mumbai. Wadala Road is a significant station on the harbor line of Mumbai's suburban railway network. It connects Wadala to Andheri on the western line (via King's Circle) and Panvel (Guru Tegh Bahadur Nagar).
Infrastructure projects, such as the Chembur-Wadala monorail, the Eastern Freeway, the Kurla-Santacruz Flyover, and Anik-Panjarpol Link Road, have also increased residential demand and pushed up property values over the last few years.
Wadala should observe elevated action before long, determined by planned infrastructure developments and huge residential projects.
"The second period of the monorail (associating Wadala to Mahalaxmi), the arranged raised passage interfacing BKC toward the eastern express roadway (close to Chunabhatti), and the proposed metro line 4 associating Wadala-Ghatkopar-Thane-Kasarwadavli, is supposed to develop availability altogether further.
The Mumbai Metropolitan Region Development Authority (MMRDA) likewise has plans to foster this district as a business zone (by moving the truck terminal) over the long haul, with marquee improvements on the lines of BKC. These proposed developments auger well for the real estate market in this area.
As per industry specialists, Wadala is likewise prone to turn into a significant business region. It sees an overflow of interest from purchasers who can't bear the cost of areas like Lower Parel, Bandra, or Juhu.
Wadala, as of now, has a decent friendly framework to take special care of home searchers, and the business improvements in the space will additionally fuel interest. Reputed educational institutions in the area include Veermata Jijabai Technological Institute, Khalsa College, Mumbai University's Institute of Chemical Technology, Dr. Ambedkar College of Commerce and Economics, and Dr. Ambedkar College of Law, and SNDT Women's University. There are a few prestigious medical clinics like BPT Hospital and Aditya Jyoti Eye Hospital and small centers. Mumbai's biggest arch theaters, Star Mall, Inox, and Manish Mall, are close by. Additionally, real estate development in Wadala boasts rich conveniences like pools, parks, and exercise centers.
"Today, property costs here are in the scope of Rs 19,000- Rs 21,000 for every sq ft, which adds up to an increment of 133% throughout the past half-decade.
"Being decisively found, Wadala has profited from its availability to business center points across the Mumbai Metropolitan Region. One will find many gated communities and luxury apartments that dot this centrally located area when one glances now. Consequently, property rates have also undergone a significant positive change in the past decade. Since authorities have plans to boost infra and connectivity further, homebuyers would continue to be drawn towards this suburb in the future.
Starting at ₹ 1.96 Cr To 4.36 Cr
Apartments with possession starting September 2021 in Wadala,Mumbai.Properties by Lodha New Cuffe Parade Lodha Altia.For information on price etc visit Homes247.in
1 , 2 , 3 BHK
Starting at ₹ 1.75 Cr To 4.6 Cr
Ready to move in 3 BHK apartments in Lodha Estrella located in the heart of the city Wadala,Mumbai.Well priced homes with amenities.More details on Homes247.in
1 , 3 BHK
Ready to Move
Starting at ₹ 1.8 Cr To 4.9 Cr
Lodha New Cuffe Parade Lodha Estrella
1 , 3 BHK
Ready to Move