Overview of CGS Colony, Mumbai

Location

CGS Colony rests in the heart of the Antop Hill area, centrally positioned between King's Circle and Koliwada or Guru Tegh Bahadur Nagar railway stations. This prime spot offers convenient public transport links and plenty of day-to-day conveniences.

Structure and Sectors

CGS Colony is split into seven sectors labeled I to VII. Each sector houses residential buildings, graded based on the number of rooms in each apartment. Sector 7 is the largest among them.

Amenities

• Educational Institutions: Here, we find a Kendriya Vidyalaya school located in Sector 1. It caters mainly to the offspring and staff of central government bodies/organizations.
• Recreational Facilities: A playground named Cement Ground is located in Sector 6, perfect for fun and exercise.

Property Types and Pricing

For Sale

Apartments range from a single RK (room and kitchen) up to multiple BHK units. Prices vary considerably, like:

• A 1 RK flat priced around ₹69 lakhs.
• Higher-end properties can be found nearby, sometimes reaching up to INR 6.50 Cr for new constructions in zones like Sion.

For Rent

Rental costs are kept quite affordable and can fluctuate based on several elements like builder, locality, and the apartment’s BHK status. The place offers choices for all types of tenants.

Real Estate Market Trends

CGS Colony's property values mirror market trends, showing gross sales values around ₹97.75 lakhs in the past months.

Allocation and Eligibility

Apartment allocations hinge on your ranking within central government entities. In essence, your government position influences what kind of apartment you can get.

PropertyWala's Verdict

Living in CGS Colony,Mumbai, suits those connected to central government bodies or organizations. The area boasts a well-organized and rich in amenities lifestyle setting. The location is great due to easy access to public transport and everyday amenities. Remember, property availability hinges on meeting specific eligibility tied to government hierarchies. For those who fit these criteria, CGS Colony proves attractive both for daily living and as a sound investment, reflecting a stable and reasonably priced real estate market.