Why is Worli an ideal commercial real estate investment choice?

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Worli, centrally located in South Mumbai, has become a popular location for real estate investment. The city has witnessed large-scale developments on the real estate front. Worli recently witnessed a surge in property prices due to limited inventory and high demand. Worli's real estate market has been buoyant, which can be attributed to various factors.

 

Commercial real estate in Worli has been growing at a rapid rate and now seems like a good time to invest in commercial real estate and reap its full benefits.

 

Reasons to invest in Worli’s real estate

 

Knight Frank’s latest reports suggest that the registration for premium real estate soared by 57% in Mumbai in 2023. Let’s understand why investing in Worli’s commercial real estate is a wise decision.

 

  1. Upward rental trends

 

Worli is a premium location in Mumbai with property prices continuously soaring. Both residential and commercial real estate in Worli are witnessing property appreciation. Investing in commercial real estate in Worli will attract high rentals. The demand for office spaces has been on the rise in Worli and this is the right time to invest in commercial properties to earn passive income.

 

  1. Excellent connectivity

 

Worli is blessed with excellent connectivity and this has worked in favour of the real estate sector. Worli is well-connected to North and South Mumbai. Chhatrapati Shivaji Maharaj International Airport, Mumbai Central Railway Station, and Sant Gadge Maharaj Chowk Station on the monorail line are in close proximity to Worli. The ease of transportation has attracted a lot of working professionals and subsequently commercial real estate investments in the region.

 

  1. Proximity to major business hubs

 

Worli is one of the major commercial centres of Mumbai with several commercial centres dotting its skyline. Besides, Peninsula Business Park, Bussa Industrial Estate, Dhan Laxmi Industrial Estate and Balgopal Industrial Estate are within a radius of five km which has further increased the appeal of Worli.

 

  1. Developing social infrastructure

 

Worli has an excellent social infrastructure with educational institutions, medical facilities, recreation centres etc. constantly developing in the city. It boasts a rich social infrastructure, offering a blend of modern amenities and cultural heritage that caters to diverse needs. Its vibrant social scene, including upscale restaurants and nightlife options, makes it a sought-after destination for those seeking a dynamic urban lifestyle. Residential real estate demand in Worli is increasing which has also led to a demand in office spaces as people are seeking more work-life balance.

 

  1. Upcoming infrastructure

 

Worli is set to witness infrastructural upgrades such as the Worli-Sewri Elevated Corridor, and Mumbai Metro Aqua Line which will further enhance connectivity. The upcoming developments in infrastructure will increase the appeal of the location, attracting more commercial investments.

 

Investing in Worli's commercial real estate presents a compelling opportunity for businesses and investors alike. With its strategic location, excellent connectivity, and robust social infrastructure, Worli is the ideal environment for business growth. The area's evolving landscape, coupled with its status as a prime business hub ensures high returns on investment. Investing in Worli's commercial real estate is not just about owning property; it's about securing a stake in a dynamic and prosperous business district of Mumbai. 

Article authored by: Team Proptranxact

Date: 15th April, 2024

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