4 reasons why Bhandup is the perfect location for your next home
Last Updated on, July 26th, 2021
Bhandup is quickly emerging as one of the fastest-growing residential hubs in the city. If you’re looking for a home within Mumbai at a reasonable budget, you should definitely consider Bhandup. Here’s why
1. Excellent Connectivity
Getting to anywhere in the city from Bhandup is a breeze. Bhandup enjoys excellent rail and road connectivity. Bhandup station is on the central line between Kanjur Marg and Nahur. Getting to anywhere in the city by train is a breeze.
By road, Bhandup enjoys great connectivity via the arterial LBS Marg as well as the Eastern Express Highway.
Whether you work at Powai, Andheri East, BKC, Lower Parel or Navi Mumbai, getting to work from Bhandup is very easy. You can get to Powai within 20 mins via JVLR which also connects to Andheri East. You can quickly get too Navi Mumbai via the Eastern Express Highway and the Airoli bridge. BKC is accessible via EE Highway too. Hop onto a train and Lower Parel and Town are easily accessible. Even Goregaon is set to become very accessible via the Goregaon Mulund Link Road which will reduce travel time to less than half an hour.
The upcoming metro will only boost this connectivity further, with Bhandup having two metro stations – Bhandup metro station and Shangrila on LBS Marg on the upcoming metro line 4 (Thane to Wadala line)
2. Reasonably priced homes within Mumbai
Bhandup is one of the very few locations within Mumbai city where you can still buy a home within a reasonable budget.
1 BHK in NeoHomes
Marathon NeoHomes, a series of affordable projects in Bhandup by Marathon Group offers studio and 1BHK flats in Bhandup in the range of 40-60 lacs. In most localities in Mumbai, it’s almost impossible to find homes by branded developers under 1 Cr, which explains the growth of regions like Thane, Dombivli and beyond. Due to the lack of availability of high quality, affordable homes in the city, people are forced to buy homes in the extended suburbs but Bhandup addresses this need very well.
3. Superb future potential
Although Bhandup’s location advantages and connectivity are similar to that of Mulund, Kanjurmarg, and even Powai, the property rates are much lower than these areas. This means that Bhandup has tremendous appreciation potential. Large-scale redevelopment and slum rehabilitation projects are changing not just the skyline of Bhandup but also the perception of Bhandup. In the next 5-10 years Bhandup will emerge as a residential hub and prices are expected to correct upwards significantly.
Upcoming developments like the metro and Goregaon-Mulund link road as well as road widening projects and new roads proposed under the city development plan, like the 90 feet road which runs in the heart of Bhandup, will provide a massive boost to property development.
The longest cycling track in the country will also run via Bhandup, close to the pipeline.
Several locations in Bhandup will also enjoy excellent lake views of the Vihar lake. Such views always result in a premium on the property rates in the location.
Several locations in Bhandup will also enjoy excellent lake views of the Vihar lake. Such views always result in a premium on the property rates in the location.
4. Large scale developments by branded developers
Last but not the least, Bhandup now boasts of projects by the leading developers in the city. Whenever branded real estate developers enter a market, the prices invariably go up as has been witnessed in several suburbs over the years like Powai, Thane, and Kanjurmarg. Branded developers bring trust and quality and help boost the entire market.
NeoSkies, NeoHills, NeoValley and NeoSquare
With over 50 years of experience, Marathon Group has ambitious plans to develop over 100 acres in Bhandup under its NeoHomes brand. Marathon is already planning over 5000+ homes in Bhandup and has launched several projects already. Bhandup also has other large players like Kalpataru and Rustomjee.