Overview of Gorai 1 in Mumbai

Location and Connectivity

Gorai 1 is nestled near Borivali West in Mumbai. It's a place with plenty of links to notable landmarks like schools, hospitals, and major transport points. The suburb is only a stone's throw away from Borivali railway station and offers excellent access to link roads and highways.

Property Prices and Trends

Currently, the average property price in Gorai 1 is roughly Rs. 22,691 per square foot. What's more, we see a notable year-on-year growth rate of 32.75%. The price spreads range widely from Rs. 15,826 to Rs. 28,916 per square foot.

Types of Properties on Offer

• Apartments:
  • You can find an array of apartments in 1 BHK, 2 BHK, and 3 BHK configurations.
  • These come in price ranges of Rs. 90 lakh to Rs. 3.8 crore depending on their size and amenities.
• Villas:
  • There are also luxury villas listed around Rs. 3.8 crore.
• Independent Houses:
  • Some include standalone houses offering contemporary amenities.

Amenities and Facilities

• Infrastructure:
  • Modern societies are well-tended, providing amenities like gyms, swimming pools, clubhouses, 24-hour security, and gated communities.
• Community Features:
  • Nearby schools such as Sri Sri Ravishankar Vidya Mandir, hospitals like Apex Superspeciality Hospitals, and shops are just a few of the facilities in the area.
• Transportation:
  • Public transport is easily accessible with numerous bus depots and metro tracks connecting the locality.

Lifestyle and Environment

• Natural Surroundings:
  • Look out over Gorai beach or enjoy living in greens surrounding some properties.
• Peaceful Living:
  • For those seeking quietness, the area offers less street noise and lots of natural light.

Investment and Rental Potential

• Investment:
  • The region boasts a high growth potential, with property prices jumping by 32.75% year on year. It's a great spot for investors.
• Rental:
  • For renters, options range from semi-furnished to fully furnished homes. A typical 2 BHK house starts from around ₹44,000 per month.

PropertyWala's Conclusion

In summary, Gorai 1 in Borivali West, Mumbai, provides a vibrant real estate market filled with variety—from affordable homes to luxurious villas. With its strong connectivity, modern amenities, and tranquil setting, it stands out as a prime choice. Annual growth in property rates indicates great potential, making it ideal for both buying and renting. If you're searching for a place that balances affordability with comfort, Gorai 1 in Mumbai is a strong contender.