Eastern Suburbs of Mumbai consists of localities such as Bhandup, Ghatkopar, Kanjurmarg, Kurla, Mulund, Nahur, Powai, Vidyavihar and Vikhroli. These suburbs benefited significantly from the Eastern Freeway, which connects South Mumbai to locations in the Eastern Suburbs, stretching all the way to Thane.
Real estate development along the Eastern Freeway increased over the past few years. Due to the reduction in commute time, demand for commercial and residential properties went up, and housing prices in locations such as Chembur, Ghatkopar, Mulund, Bhandup, Kanjurmarg and Vikhroli witnessed an increase. Further, with the completion of the Vikhroli - Jogeshwari Link Road, real estate activity has accelerated in the markets of Powai, Vikhroli, and Kanjurmarg.
East Mumbai is served by the Central Railway Line. Mass rapid transportation projects such as the Mumbai Monorail (partially operational) and the Mumbai Metro Rail projects will further enhance the city's east-west connectivity and improve the real estate profile of these suburbs.
In today's article, we will be focussing on projects in Vikhroli, developed by Vaibhav Laxmi Developers. As mentioned before, Vikhroli is a popular region located in the Eastern Suburbs of Mumbai city. Vaibhav Laxmi Developers are renowned for their commitment to urbanization and rehabilitating urban crowds keeping convenience and style in mind. Their ethos is built on trust, transparency and their genuine word - all working towards their commitment to providing good quality of housing. Vikhroli is home to three of their most popular projects, and homebuyers who are looking to buy a home in the Eastern suburbs of the city must look no further this.
TOP THREE POPULAR PROJECTS BY VAIBHAV LAXMI DEVELOPERS
#1. Olympus
Olympus is a project by Vaibhav Laxmi Developers and is located in the Kannamwar Nagar 1 region of Vikhroli. The project is a well-planned living space which is the hallmark of thoughtfully laid out flats at reasonable prices. Olympus offers homes of the 1 and 2 BHK configurations, under the price range of 1.2 crores, making it a luxury apartment at an affordable price. The project's price point and amenities make it very attractive to young families who are looking for homes that offer both a lifestyle and are within their budget. These residential apartments in Vikhroli offer luxurious homes that amazingly escape the noise of the city centre. Olympus is conveniently located at Vikhroli to provide unmatched connectivity from all the important landmarks and places of everyday utility such as various well-known hospitals, educational institutions, super-marts, parks, entertainment spots, recreational centres and so on.
#2. Victoria 54
Located close to Olympus itself, is Vaibhav Laxmi Developer's second project, Victoria 54. It is located in Kannamwar Nagar 2, within Vikhroli itself. The project houses homes of 1 and 2 BHK configurations, under the price range of 1.2 crores, making it a popular choice for young professionals looking to buy a stylish yet budget apartment. The project boasts of offering its residents the perfect balance between the city life, and life away from all the hustle. Padded in nature and greenery, Victoria 54 promises a serene and tranquil environment.
#3. Stella Residency
Another premium project fronted by Vaibhav Laxmi Developers is Stella Residency, located in Kannamwar Nagar 1, in Vikhroli. This project too, offers homes of 1 and 2 BHK configurations, under the price band of 1.5 crores keeping in line with the affordable luxury price index, making it a popular choice with young families with two income sources. Stella Residency is located in close proximity to reputed schools, colleges, hospital, Railway Stations, malls & vital landmarks of the city and is also accessible from the domestic & international Airport, just bordering Eastern express Highway & the JVLR.