Chembur is a suburb of Mumbai. It is known for a perfect blend of urban life and nature. Once recognised as a preferable residential area but has been transformed into a vibrant neighbourhood equally attractive to professionals and investors.
This locality remains in the real estate market as a district with high demand, offering steady growth prospects for the coming years due to its outstanding connectivity and a large number of green areas.
Let us dive in to know more about it.
Location Overview
Chembur which is in the east of Mumbai is well situated and has the advantages of being close to all the major business and lifestyle hubs. Because of its proximity to BKC and Navi Mumbai, it is ideal for professionals who commute daily.
The Eastern Express Highway, Eastern Freeway and Santacruz-Chembur Link Road have made the road connectivity extremely good while the railway and metro stations in Chembur make the transit smooth and easy as well.
Connectivity
One of the biggest advantages of Chembur is its amazing connectivity. The suburb is well connected through the Chembur railway station on the Harbour Line from where one can easily reach Chhatrapati Shivaji Maharaj Terminus and Navi Mumbai.
Sion-Panvel Expressway and Santacruz-Chembur Link Road (SCLR) are making the daily office commutes faster and more efficient to areas like BKC and Andheri.
Community and Lifestyle
The Chembur community comprises a mix of affluent families and young working professionals. Chembur is well known for its bustling markets such as Chembur Camp and Diamond Garden.
There are many different types of restaurants in the region from famous local spots like Grand Central to fancy restaurants and cafes. Chembur is the best place for new families and professionals.
Educational Facilities
Chembur has numerous educational institutions. Some top schools include Swami Vivekanand High School and St. Gregorios High School.
There are also some of the best colleges in Deonar, such as Shah & Anchor Kutchhi Engineering College, N. G. Acharya & D. K. Marathe College and Tata Institute of Social Sciences (TISS).
Infrastructure and Amenities
Chembur is still full of trees and open spaces and it also has good civic infrastructure. The famous Diamond Garden and Ambedkar Garden are giving people the opportunity to spend their time in a peaceful way and there is also the Golf Club for leisure activities.
This suburb is also home to some of the best hospitals including Apollo Spectra Hospital and Surana Sethia Hospital. The current urban changes, such as improved drainage, road widening and metro extensions are making the place more livable.
Current Real Estate Scenario
The property market in Chembur has been going through a steady upward trend over the past few years due to its central location and the various connectivity improvements. There are different types of residences available such as middle-range flats, luxury skyscrapers, and even the gated communities of developers like Godrej Properties, Tridhaatu Realty, and Sabari Group.
On the whole, real estate prices vary by area and amenities. There is increasing demand for office space due to its proximity to major business districts.
Investment Opportunities
Chembur’s real estate remains a lucrative investment option with the continuous rise of the area’s potential due to the infrastructure development and the ever-increasing housing demand. Property values will increase gradually as a result of the new metro connectivity and urban renewal projects.
The rental market is still very active presenting yields of 3 – 4% in particular for properties close to the railway station and main roads. Investors perceive Chembur as the best choice for steady rental income and lifestyle appeal.
Summary
Chembur is indeed the perfect example of the ideal balance between connectivity and community living. It offers a complete living solution with its verdant setting and proximity to Mumbai’s main employment hubs. If you are a homebuyer looking for peace or an investor seeking lucrative returns, then Chembur is among the most balanced and rewarding real estate destinations in Mumbai.