Nahur: Paradise for Property Investors

Neelam Senroofs in Nahur

The rising demand for residences in Mumbai city and the increasing property prices, resulted in higher demand for premium homes in the northern parts of Mumbai city. Nahur which is situated in the north-eastern part of Mumbai is a suburban hotspot located at the end of the Greater Mumbai region. It has become a much sought after residential and lifestyle destination over a period of time. The growth in the residential development was complemented by growth in infrastructure at a rapid pace. In line with the real estate activity all around Mumbai, the western counterpart mainly along the LBS Marg is witnessing far greater activity in comparison to the eastern side.

The real estate fraternity strongly believes in the potential of Nahur. The reason being, the ‘increased connectivity’ through road. Nahur rests close to the Eastern Express Highway, connecting it to Thane, whereas the Mulund-Airoli Link Road goes to Navi Mumbai. Going by the BMC official notices, development and construction of the Goregaon-Mulund Link Road is expected to start soon which will further improve connectivity to the Western Suburbs.

In Nahur, the central railway line divides the micro-market in the eastern and western side. Additionally, Nahur also has its own railway station which connects it to areas lying on the Central Line including Parel, Dadar, Sion and Kurla. Also, the Nahur station has been a catalyst in Bhandup's development, providing the needs of those living in Bhandup East, apart from those near the Airoli Link road. 

As far as infrastructure development is concerned, the locality banks upon various facilities available in Mulund. The social fabric is under development as the area has recently become available for residential development. Also, Several schools, restaurants and hospitals already exist in Nahur but these are on the former side. The region where residential development is coming up needs modifications to suit the requirements of the residents buying here. A few prominent retail malls have also mushroomed in the locality to cater to the residential areas. Connectivity remains one of the prominent features of this project. An in-house provision for country store ensures that an individual needn’t get out of the premises for daily needs.

The transformation in the area is led by none other than HDIL which has been a pioneer when it comes to addressing the needs of affordable luxury housing segment. Some of the projects developed by the company are setting new benchmarks in construction. The kind of amenities, specifications are provided in their affordable modern and luxury homes are a complete game-changer. So, It'll be great investing Flat in Nahur.

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