What Makes Byculla A Good Place To Invest?
In South Mumbai, Byculla is a centre for luxury residences and is home to wealthy communities. It is home to numerous historic landmarks, religious centres, and modern facilities and sits at the nexus of a complicated past and a contemporary future. Let's find out what makes Byculla an investment hotspot in Mumbai given its convenient Central Railway Line access and abundance of 2BHK and 3BHK homes!
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Byculla's name frequently takes precedence over other Mumbai neighbourhoods while making investments. Byculla attracts both luxury property purchasers and renter population due to Eastern Express Highway passing through the neighbourhood, proximity to employers like Lodha Excelus, Indiabulls Financial Center, and Peninsula Business Park, and direct access to other prominent areas like Chembur, Kalyan, and Dadar. In the upscale area of South Mumbai, there is a plentiful supply of 2 BHK & 3 BHK inventories, making it a highly sought-after residential hub. What else tempts investors to make a purchase in Byculla? Let's investigate!
Connectivity and a good location
Byculla connects South Mumbai to the northern suburbs thanks to its strategic location. The area is surrounded by important thoroughfares including the Eastern Freeway, Western Express Highway, and Eastern Express Highway that make it simple for locals to get to the city's key locations. It is connected to Mumbai Central, Chhatrapati Shivaji Maharaj Terminal, and Dadar via the dedicated railway station. Moreover, the Western Expressway is 22 kilometres from the international airport.
Numerous commercial opportunities
Industrial parks and commercial centres such Mumbai's Central Business District, Dadar, Lower Parel, Worli, & Mahalaskhmi are close by. Hence, office workers do not have to commute for a long time. Within three kilometres are industrial parks like A to Z, Mahalaxmi, and Kewal, and within four kilometres are business parks including Peninsula Business Park, Lodha Excelus, and Indiabulls Financial Center.
Growing real estate market
The real estate scene in Byculla is comparable to that of Mahalakshmi & Chinchpokli, where now-defunct mills have made way for apartment buildings and other buildings. The majority of Byculla's housing supply, which consists of residential units in big gated societies, has a price tag beyond Rs 2 crore. The majority of the flats here are 3 BHK & 2 BHK designs, with 1 BHKs coming in second.
A host of social conveniences nearby
Byculla is located in a setting that provides modern conveniences without sacrificing greenery. The region is also home to numerous reputable educational institutions, medical facilities, and tourist attractions.
Educational institutions Hospitals
Sneha Lata Rane
Girls High School and Junior College
Sadhvi Savitribai
Phule Upper Primary School
Napoo High School
Rajshree Maternity
Masina Hospital
Connectivity links Recreational areas
Byculla Railway Station
Gloria Church
Mahalaxmi Metro Station Jijamata Udyan/ Rani Baug
Prince Aly Khan Hospital
VLN High School Balaji Hospital
Marine Drive
Mumbai Central Railway Station Dr Bhau Daji Lad Museum
Potential for investment
Future infrastructure developments along the eastern coastline from Colaba to Wadala will improve connectivity and drive up property values in this area. The currently under development Navi Mumbai International Airport will be 40 minutes away from Byculla thanks to the Sewri-Nhava Sheva or Mumbai Trans Harbour Connection.
A portion of the 1,800 acres of land owned by the Mumbai Port Trust will be turned into gardens, eco-parks, & recreational areas as part of the eastern waterfront development projects. The living conditions of the entire city will be impacted by the eastern waterfront, claims the Urban Design Research Institute (UDRI). The 10-kilometer eastern shoreline and surrounding areas will benefit immensely from this development.
The Mumbai Port Trust Marina project would also accommodate the numerous yachts that go to the city. As a result, the neighbourhood and coastline will both have plenty of tourist-friendly locations. Mahalakshmi would be next to a station on Mumbai Metro Line 3 that connects Byculla to Cuffe Parade and SEEPZ.
Conclusion
Overall, Byculla fulfils every requirement for a top-notch residential hub. The traffic and parking problems will undoubtedly be rectified thanks to the numerous connectivity initiatives now in progress. Byculla is also on the verge of becoming into a sought-after real estate hotspot in Mumbai thanks to the presence of highquality developments by Grade A developers like Adani Realty, Piramal Realty, & Vardhman Group.
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