- Area: 10000 SqFeet
- Bedrooms: One
- Bathrooms: Two
- Transaction: New Property
- Price: 9,341,250
- Rate: 934 per SqFeet -95%
- Possession: Immediate/Ready to move
City Center: 0.5 kms; Bank: 0.3 kms; this property walking distance in chembur station or deonar bus depot as well as gowandi station all facilities is avalaible like bank, school ,college atm, hospital within 5 min distance...; Railway Station: 1 kms; Airport: 20 kms; Hospital: 0.5 kms; Metro: 0.3 kms; School: 0.5 kms
When you call, please mention that you saw this ad on PropertyWala.
- Freehold ownership
- 2 balconies
- Power Back Up
- Reserved Parking
- Water Storage
- Vaastu Compliant
- Service/Goods Lift
- Air Conditioned
- Intercom Facility
- Under Construction
- North - East facing
- Main Road Facing
Price Trends Chembur, Mumbai
Independent Houses for sale in Chembur, Mumbai
Locality Reviews Chembur, Mumbai
Chembur boasts of easy connectivity to south Mumbai and the western suburbs through the Eastern Freeway, Monorail and the Santa-Cruz Link Road. Though, these physical infrastructures became functional long ago, they are still the major reason behind the consistent demand for properties in the locality. The first phase of the Monorail Line 1 (Jacob Circle-Wadala-Chembur), which became operational in February 2014, connects Chembur to Wadala. The second phase of the Monorail project which will extend the existing line to Jacob Circle via the GTB Nagar, Antop Hill, Dadar east, Lower Parel, etc., is under construction. It is expected to be completed by March 2015.
On the other hand, the Eastern Freeway brought offices at BKC, Lower Parel and Colaba and other localities of south Mumbai closer, reducing the travel time considerably.
“Both, the Freeway and the Monorail, had a major impact on demand and property prices. They eased commuting between Chembur and other areas of Mumbai. This attracted many middle and upper-middle class buyers to the area,“ says Rizwan, MumbaiSkylines, a broker firm active in the area.
“What used to be a nerve-wracking drive of at least an hour to reach these areas, has come down to about 20-25 minutes through the Freeway,“ adds Rizwan. Apart from this, the six km long Santa-Cruz Link Road has eased the travel between Santacruz and Chembur.
“Improved connectivity had a major impact on consumer sentiments. Chembur not only gained end-users but also investors who were attracted by the future prospects of the locality,“ says Tanvir of Mumbaiskylines.
“Chembur is comparatively affordable when compared to Wadala and Lower Parel, one of the prime reasons why buyers shifted here,“ says Sajid of MumbaiBlocks. The average capital values in Wadala range from Rs 18,000-23,000 per sq ft, while in Lower Parel, they vary from Rs 30,000-41,000 per sq ft.
- Impact on property demand, owned and rented, is quite visible
- Not only capital appreciation, Chembur promises good rental returns as well.
- Traffic jam
- Slum Redevlopments
The most centrally located place in Mumbai. Chembur is a very good locality in Mumbai. 20 minutes drive from VT (via Eastern Freeway, Dadar, Thane, Vashi, Powai (via EEH) and soon to Santacruz with SCLR. Peaceful area, with lots of greenery, an ideal place for families and working professionals.
- Centrally located
- Distance from a good mall
The locality of Chembur has grown by manifolds. Old bungalows and buildings have given way to lavish modern towers. People all over Mumbai come to visit Diamond garden. Businesses near station area have grown tremendously. The Chembur Santacruz link road, the Bombay port trust road from Mahul Chembur, the Mono rail will make Chembur one of the best connected place in Mumbai. Easy access to Navi Mumbai is also a plus point. It is a very good place to buy a new house.
- Mono rail
- Chembur Santacruz link road
- Lavish towers
- Well connected
Peaceful place, full of small and big restaurants, many gyms, close proximity to main city and Navi Mumbai.
- Well connected
Well connected by eastern express highway, harbour line buses. Lot of greenery, cosmopolitan crowd, good hotels, markets, malls temples, schools , colleges, coaching classes. Rent is not too high.
- Well connected
- Reasonable property rates
- Good infrastucture
- Old buildings