Real Estate in Sion : an overview
Being one of the most central localities in Mumbai, Sion has become a preferred residential destination for middle and high income buyers.
According to the reports, the buying prices of property in Sion have aroused up by 15 per cent and rental values have increased to 22 per cent.
After doing a brief study with the involvement of interviews of the residents in Sion , here is why we can see the locality blooming in the real estate scenario :-
Being one of the most central localities in Mumbai, Sion has become a preferred residential destination for middle and high income buyers.
According to the reports, the buying prices of property in Sion have aroused up by 15 per cent and rental values have increased to 22 per cent.
After doing a brief study with the involvement of interviews of the residents in Sion , here is why we can see the locality blooming in the real estate scenario :-
1) Connectivity :-
This place is located at a very convenient location on the map. It is easily accessible by road or by rail.
Sion also is a home to one of the stations for the soon-to-be launched Mumbai Monorail's.
This place is also well supported by the public transports such as the BEST buses which ply in ample frequency to all parts of the city.
2) Infrastructure :-
This place is very well developed in terms of social and physical infrastructure due to which it is undoubtedly an ideal residential area for Mumbaikars.
Not only does it consist of few of the reputed schools,
colleges and offices in city but you can also find an ample number of entertainment and recreational centers in this area.
3) Proximity to commercial areas :-
Sion has also seen a rise in its residential values due to its good connectivity to some of the significant commercial hubs in Mumbai.
It is situated merely a few kilometers away from commercial areas such as Bandra Kurla Complex (BKC) and Dadar.
When people buy or rent homes, they foremost pay attention to convince to travel to their work place. Sion definitely fulfills that point.
4) Time for shift :-
Where the markets of Mumbai are concerned, various experts argue that they have already reached to the saturation point.
According to experts the proposed developments like Navi Mumbai International Airport or proposed metro plans will bring in changes for good.
5) Integrated Township :-
When you wish to live your life with interim comfort, then properties in Mumbai , Sion could be your perfect solution.
Club houses even fulfill the needs of social networking.
6) Major attractions :-
The best part of this area is that does easily connect well with the areas of south Mumbai through Eastern expressway.
Real estate property in Sion is mushrooming because of multiple reasons.
7) Close to work destinations :-
This place can be easily connected with prominent work destinations like Parel, Dadar, South Mumbai or Suburbs thus it enriches life and makes work and play easy.
Real estate properties in Sion do easily accommodate the needs of daily life.
8) Buy or rent options :-
This spot does easily gives you leverage of deciding on the places and many of them are open for buying or renting options.
Conclusion :-
Though the properties in Mumbai have already reached to the saturation point, there is major hike seen in the realty perspective segment in Sion.
Reports suggest that the prices have shoot up to 15% where buying options are be considered and 22% for rent options.
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