Price Performance: The Numbers Tell a Story
Majiwada has a higher price at ₹13,200 per sq ft on average. Ghodbunder Road offers competitive rates at ₹10,850 per sq ft. This 18% price difference shows different market positions. Yet, both places have seen a remarkable 15-20% increase over five years. Luxury apartments in these areas now range from ₹1.12 crore to ₹2.50 crore for 3 BHK units.
Infrastructure: Connectivity Drives Value
Ghodbunder Road is gaining momentum with the upcoming Kasa Line 4 metro station in Kasarvadavali. This promises enhanced connectivity. Meanwhile, Majiwada benefits from its proximity to Thane West's commercial hubs. Both areas enjoy improved road networks and civic amenities that boost property demand.
Developer Landscape: Premium Brands Shape Markets
Ghodbunder Road features prestigious projects like Hiranandani Lake Enclave, Lodha Sterling, and Godrej The Last Gem. These renowned developers command premium pricing through quality construction and brand value. Majiwada also attracts luxury-focused developments, creating competitive market dynamics.
Buyer Demographics: Who's Investing Where?
The developer is focusing on luxury homebuyers and high-income professionals for premium residences in Majiwada. Ghodbunder Road appeals to growing families and mid-range buyers exploring upscale options. Both areas serve different investor profiles while maintaining strong appreciation potential.
Investment Outlook: 4-6% Annual Growth Expected
Real estate experts predict 4-6% annual price growth for luxury apartments. Majiwada is positioned for continued premium appreciation. Ghodbunder Road's infrastructure improvements suggest accelerated growth potential, making both locations attractive for long-term investment strategies.