Insights into SV Road Area, Mumbai

The SV Road area in Mumbai, particularly in Kandivali and Goregaon suburbs, has a diverse and appealing real estate market. Let's dive into a detailed look at this locality for both buying and renting decisions.

Locality and Connectivity

• Kandivali West: SV Road (Swami Vivekananda Road) in Kandivali West serves as a crucial link between different parts of the suburb. It is bustling with lively commercial activities as well as residential areas, combining old and new styles.
• Goregaon West: SV Road in Goregaon West is located near popular neighborhoods like Mitha Nagar, Motilal Nagar 2, and Tilak Nagar. Its great connection to the Mumbai metro line and the Western Express Highway offers easy travel across various parts of Mumbai.

Real Estate Market

• Property Pricing: In SV Road, Goregaon West, the cost of property ranges from Rs. 5,666 to Rs. 28,561 per square foot, with the average being around Rs. 19,980 per sqft.
• Rental Information: Rentals on SV Road, Goregaon West, are attractive, from Rs. 19,500 to Rs. 1 Lakh per month. In areas like Jawahar Nagar, you'll find fully furnished apartments, having things such as kitchen, beds, and TV cabinets.

Facilities and Amenities

• Mobility: Well-connected by the Mumbai metro and the Western Express Highway for stress-free access around the city.
• Commercial Centers: Positioned close to major commercial centers making it easy to find job opportunities.
• Life Style Spaces: The community offers a peaceful yet active lifestyle, appealing to working professionals and local business owners. It is a diverse mix of people engaged in different religious, social, and cultural activities.

Investment Value

• Market Reliability: SV Road, Goregaon West, has shown stable growth in property prices and rental rates over the last ten years.
• Development Projects: Current and planned infrastructure projects like metro lines and flyovers boost connectivity and property value.
• Economic Factors: Influences like employment and inflation rates play a role, but because of its strategic position and development, it still attracts many investors.

Demographics and Culture

• Resident Profile: Upper-middle-class residents dominate, including professionals and business owners who seek a vibrant and quiet neighborhood.
• Cultural Cohesion: You'll find a diverse mix on SV Road areas with civil societies involved in a wide range of social and cultural activities.

PropertyWala's Verdict

The SV Road area in both Kandivali West and Goregaon West is a great choice for property buyers, renters in Mumbai. For its top-notch connectivity, stable real estate market, and ongoing infrastructure, this place offers strong investment potential and a pleasant living space. Whether you’re a newcomer, investor, or tenant, SV Road offers a perfect blend of residential comfort and commercial chance, making it a top pick in Mumbai’s real estate scene.