WESTERN SUB­URBS

HT Estates - - HTESTATES -

The western sub­urbs have wit­nessed an in­crease in their share of new launches to 19% in the first half of 2014 com­pared to 12% in the same pe­riod last year. The pres­ence of em­ploy­ment op­por­tu­ni­ties and so­cial in­fra­struc­ture, along with de­cent road and subur­ban train con­nec­tiv­ity with other parts of the city, has im­mensely ben­e­fit­ted this mar­ket. With the com­ple­tion of the Versova- Ghatkopar cor­ri­dor of the Mum­bai Metro in the first half of 2014, the con­nec­tiv­ity of the western sub­urbs with the cen­tral sub­urbs has im­proved sig­nif­i­cantly.

The mer­its of this en­hanced con­nec­tiv­ity through an ef­fi­cient mass rapid tran­sit sys­tem (MRTS) will ben­e­fit res­i­den­tial and of­fice pro­jects in and around And­heri, as eight out of the ten metro sta­tions are within this mi­cro-mar­ket.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.