The demand for residential properties continues to grow and is expected to increase by 4% CGR between 2019 and 2021 in the Mumbai Metropolitan Region as well as Hyderabad and Bangalore. With various job opportunities and the promise of a rewarding lifestyle, Mumbai continues to attract workforce and families from across India. To meet this growing demand of property in Mumbai, the Lodha Group has developed Palava City in the Mumbai Metropolitan Region (MMR). It offers a wide range of affordable homes for those looking for their dream home and has much in store for real estate investors looking to gain from the surge in demand. With modern facilities and amenities as well as inter-connectivity and infrastructure, Palava City offers many advantages to homebuyers.
Read on to know the 4 top reasons that make Palava City a good investment.
- It holds potential for overall development
Palava City has been developed on 4000 acres of land. This expansive area has not only permitted the construction of spacious buildings, but also has given way to ample open spaces. At the end of Phase I of its development, around 25,000+ families have already started residing here. Settling down at Palava City not only keeps you away from the hustle of Mumbai, but also brings you closer to nature. On the other hand, you can reap the benefits of the upcoming infrastructural projects and job opportunities that Palava City will open up to in the time to come. This will not only help in promoting the overall development of the City itself, but also offers assurance to investors like you, promising growth and an extraordinary standard of living.
- It has good connectivity
Palava City is strategically located at the junction of Dombivli, Navi Mumbai, and Kalyan, which makes it a prime location. It enjoys good connectivity to other parts of Mumbai via rail and road transport. It is situated 8 km away from the Dombivli railway station and 10km away from the upcoming metro rail station. It also enjoys effortless connectivity via buses to business hubs and 23 major destinations in Mumbai such as Vashi, Lower Parel, Andheri East and Thane, among others. Palava City also has its own internal bus network that runs free of cost, offering a convenient commute to those living and working within.
- It offers world-class infrastructure
Palava City has been developed with a twin objective of providing convenience and a high-class living experience to its residents. For your entertainment needs, it has an Xperia mall that houses multiplex and 50 renowned retailers. To cater to your daily needs, supermarkets, pharmacies, and convenience stores will soon be up and running. Apart from this, Palava City features leading schools like the Shri Ram School, Lodha World School, and Pawar Public School. It has a club too that boasts of modern facilities like a swimming pool, a modern gym, a library, and a range of indoor and outdoor sports.
- It is witnessing increased demand
With all these world-class amenities, the finest infrastructure, and eco-friendly facilities, it is no surprise that the Lodha Group has attracted a large number of investors, both NRIs and resident citizens, to Palava City. This, in turn, has increased the demand and prices of properties in the project. If you have not already invested in it, you should do it now to earn good returns in the future.
Now that you understand how it is beneficial for you to invest in Palava City, it’s time to see if the flats and houses here meet your requirement. For this and to finance your home purchase, you can rely on home loans from Bajaj Housing Finance Limited. Here you can avail a home loan of up to Rs.3.5 crore and enjoy additional benefits such as minimal documentation, property search assistance, nil charges for pre-payment and foreclosure, and easy balance transfer facility. To easily apply for a customised home loan, you can check your pre-approved home loan offer and get started today!