Reasons because of which major real estate projects in Mumbai are centred around luxury corridor



Mumbai city offers a myriad of remarkable opportunities regarding one's either personal or professional aspects. The magnitude of the real estate market in Mumbai has grown manifold and is growing simultaneously with more infrastructural development.

Mumbai has developed a certain luxury corridor. This corridor has become an ideal hub for new and upcoming real estate projects in Mumbai. Many real estate development companies have constructed some of the most luxurious and iconic residential properties around this corridor.

Luxury corridor covers areas from Lower Parel and goes upto Chembur. This corridor is home to some world class offerings. Apartments and townships constructed here offer the best amenities emulated from international projects.

Some facts about Mumbai’s luxury corridor

The major luxury corridor hotspots include, Andheri (West), Goregaon (West), Andheri (East) and Goregaon (East). A part of it goes to Borivali and another goes to Virar. Lower Parel, Bandra, Chembur and Panvel are also a major part of the luxury corridor with new businesses setting up their base here. With metro project connecting Andheri to Ghatkopar and Lower Parel to Chembur, many residential projects have been developed around this area.

A lot of MNCs have moved from the traditional areas of Mumbai to other locations in Navi Mumbai and South Bombay. Furthermore, individuals looking to purchase from any of the real estate projects in Mumbai consider areas close to their office. Therefore, with ease of access to necessary locations, the luxury corridor becomes that perfect place to reside and commute to work. One of the primary reasons most of the real estate development companies have concentrated on Lower Parel in order to offer their customers with an exemplary lifestyle.

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