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Reasons Behind the Preference for Buying Homes in this South Mumbai Neighbourhood
The region of South Mumbai exudes an attractive quality of living, with affluent, roomy, and tranquil neighbourhoods and nearby amenities. Nonetheless, out of more than 60 localities, Breach Candy, Worli, Lower Parel, and Tardeo have been identified as the top locales based on residents’ maximum ratings.
The recent purchases of south Mumbai properties have brought to notice that Worli has been one of the most current residential preferences on the list.
Home to various Bollywood celebrities and HNIs, Worli is a highly desirable location that benefits from a well-planned road network, Coastal Road, Bandra Worli Sea Link, and the upcoming infrastructure development Sewri – Worli Elevated Connector (SWEC), and upcoming metro. In the past year alone, the region has experienced an increase in average home prices of up to 15 percent. This, combined with commercial hubs such as excellent retail and social infrastructure and reliable public transportation, has contributed to South Mumbai’s appeal to potential buyers.
Worli Sea Front’s luxurious 3 & 4 Bed residential homes in a neighbourhood that boasts ocean-facing buildings, high-end infrastructure, and convenient access to the sea link. The residents in this area enjoy a comfortable living experience with various amenities.
The skyline of Worli Sea Face is expected to transform in the years ahead as coastal zone restrictions may be lifted, allowing for the construction of tall, high-rise apartments along the beachfront. The various factors that make Worli an enviable address are:
Connectivity
• Worli’s closeness to the major commercial hub of Bandra Kurla Complex (BKC) and its distinct ‘downtown’ image (South Mumbai is generally known as ‘Downtown’ in Greater Mumbai) have drastically impacted its real estate environment.
Worli is well-connected to various regions of Mumbai by a network of highways and a well-established railway network. The Bandra-Worli Sea Link begins on Khan Abdul Gaffar Khan Road in Worli and provides great access to Bandra. Additionally, the Sea Link connects Worli to Chhatrapati Shivaji Maharaj International Airport and the significant Western Suburbs micro-markets of Andheri, Malad, Goregaon, and Borivali through the Western Express Highway (WEH).
Worli is close to the Eastern Express Highway (EEH), which connects to the Eastern Suburbs and
the Thane metropolitan region.
Commercial hub
• Worli is one of Mumbai’s busiest business districts. Because of its strategic position and closeness to the Bandra-Worli Sea Link, Dr Annie Besant Road, Worli’s main internal road, has evolved as a key office hotspot over time and has attracted large-scale commercial constructions.
Parel, Mahalakshmi, Bandra Kurla Complex (BKC), Nariman Point, Cuffe Parade, and Ballard Estate are all within 12 kilometers of Worli.
Social Infrastructure
Worli is home to renowned medical and educational institutions and shopping complexes.
| Social infrastructure facilities in Worli, Mumbai | ||
|---|---|---|
| Educational institutions | Medical Institutions | Shopping complexes |
| Poddar International School | ESIS Hospital | Reliance Digital |
| DY Patil International School | M.A Podar Hospital | Nature’s Basket |
| Sacred Heart High School | Peoples Mobile Hospital | Atria Mall |
| L.S Raheja School of Art | Metropolis Pathology Lab | Jio Mart (Sahakari Bhandar) |
| Green Lawns School | Adarsh Jain Medical Center | Rakhangi Stores |
| RA Podar Medical College | Worli Hospital for Women | Croma |
While the demand for luxurious amenities in homes has risen with the replacement of old stand-alone homes with new residential developments in prime locations in South Mumbai. Homes now offer convenient features, such as the luxurious 4 BHK flats with amenities for all age groups is available in Vraj Tiara located in Worli. These OC Received homes (till 30th floor) is strategically positioned near recreational spaces such as clubs and sports grounds, healthcare centers, reputed hospitals, and social hubs like malls and entertainment zones, making them the ideal choice for homebuyers in the metropolis.
To summarise, Worli’s proximity to the sea, substantial commercial activity, and great connectivity have all contributed considerably to residential demand. Many variables, including overstock and the global economic decline, may have influenced property prices in recent years. Yet, when the market consolidates and neighbouring areas become oversaturated, its property prices may climb again, providing strong Returns on Investment (ROI).
