Why It Makes Sense To Invest in Lower Parel Apartments?
Why It Makes Sense To Invest in Lower Parel Apartments?

While looking for apartments for sale in Mumbai, home buyers generally prefer prime locations that are well connected and are near commercial hubs. Accessibility to amenities and the allure of a cosmopolitan lifestyle are the added temptations. Lower Parel, once home to numerous textile mills has undergone many changes in the last decade. The transformation has been phenomenal for this South Mumbai area and now it houses high-end residential and commercial buildings.  

If you are on the lookout for a prime location in Mumbai, Lower Parel can be an ideal choice. Find out the reasons that justify your investment before you begin searching for Lower Parel apartments for sale.

Reasons to invest in Lower Parel apartments:

Lower Parel is well connected:

This South Mumbai location enjoys a great connectivity which is one of the main reasons behind the high demand for a 1 bhk in Lower Parel. Whether it is via rail or, road, reaching busy areas like Nariman Point, Mahalakshmi, and the commercial hub of BKC gets easier for the commuters. The presence of the Lower Parel railway station along with Elphinstone Road railway station, Mumbai Central, Chhatrapati Shivaji Maharaj Terminus, and Bandra Terminus makes life smoother for the residents who need to reach different busy parts of the city via the trains.

Reaching the international airport by road takes a surprisingly short amount of time. The road connectivity gets smoother with the presence of the Western and Eastern Express Highway. The Mumbai Metro Line 3 though still not operational, will make the area more accessible for the residents soon.

Essential amenities:

The Lower Parel area has all the essential amenities a home buyer looks for while searching for Lower Parel apartments for sale, such as schools, colleges, hospitals, markets.  The presence of institutes like Holy Cross High School, JBCN International School, Jr College, Mumbai Veterinary College are a big assurance for parents who want their children to access the best educational facilities in the city.

For healthcare you have access to the Nirmala Maternity and Surgical Hospital, Aastha Maternity & Surgical Nursing Home, Tata Memorial Hospital, and other healthcare facilities.  The presence of banks and market areas definitely makes living easier for you.

The rapid development that has taken place in the Lower Parel – Worli area has now transformed it into one of the busiest commercial hubs in the city. Due to the successful completion of a number of prestigious commercial projects by the real estate developers, this area is now dotted with snazzy office complexes. If your office is located here, it definitely makes sense to invest in a flat in Lower Parel. The development of the commercial hub has spurred the growth of the plush residential complexes in this neighborhood as well.

The entertainment hub:

Along with the presence of the essential amenities, an area also needs to house high-end shopping malls, restaurants, parks to be considered a prime real estate location. The Lower Parel area can boast of having the biggest draws for the shopaholics with premium shopping destinations in the city like the High Street Phoenix and Phoenix Palladium. These luxury malls are a great place to spend some time on a weekend; there are a string of luxury retail stores here that offer a luxurious experience that a high-end lifestyle demands.

Both Kamala Mills and Todi Mills are the entertainment hubs for the residents and tourists alike. For enjoying some quality time with your family you can pay a visit to the K Laxman Garden, Matoshri Ramabai Thackeray Udyan.  The vibrant presence of these amenities does give a push to the real estate here. From the pubs to the hip lounges, Lower Parel will never get tired of entertaining you.

A promising neighborhood:

If a posh, well-connected neighborhood in Mumbai is your destination then get ready to scout for the right residential property now. Since this is going to be a significant investment, opt for the real estate developers who keep pace with the changing times and bring innovation into their projects. Our upcoming prestigious residential projects are replete with amenities, and also have WFH stations along with video-enabled conference rooms to help the professionals keep up with the ‘New Normal’.

The Lower Parel neighborhood is considered to be one of the thriving neighborhoods in the city that draws celebrities, ambitious professionals, and successful entrepreneurs alike. The rapid development of the commercial complexes in the Lower Parel area has been a catalyst for the growth of the residential projects here and thereby has pushed the demand for 1 bhk in Lower Parel. Many real estate developers have invested in developing both commercial and residential projects in this neighborhood. The mushrooming of the office complexes is attracting the right attention. Given the high-end neighborhood, there needs to be more luxurious residential complexes that offer a range of amenities in the package such as pools, play area for the children, and more. The ongoing development projects aimed at enhancing the connectivity of the area are coming up with smarter infrastructure to pave the way for future investments.  The steady development of high-end properties will definitely satisfy the demands of property buyers looking for Lower Parel apartments for sale.

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Written by The Baya Company