The Karjat – Panvel Suburban Rail Corridor Will Power New Real Estate Hubs and Offer Future Growth Potential: Hiranandani

By Dr. Niranjan Hiranandani, Founder & CMD, Hiranandani Communities

MUMBAI

Enhanced connectivity is the potent driving factor for the development of new emerging real estate hot-spots. As India’s economic success story grows into newer locations in terms of real estate development, the new transport corridors show great potential for powering the economic powerhouse.

Mumbai’s economic success story will be co-scripted by augmenting the suburban rail corridor connectivity. Over the years, the farthest ends of the suburban rail network have grown in importance as residential hubs simply because they enable commute to jobs. As new real estate hot-spots emerges, it brings along new employment opportunities which are being created in the near future – and this is where buying or investing in real estate becomes a ‘smart game’ – one need to think ‘out of the box’.

Mumbai – Pune is among the most saturated railway corridors in India, with long-distance trains jostling with local suburban services – and resulting delays and late running of trains. Similarly, the Mumbai – Panvel – Konkan Railway corridor supports a huge number of train services. Both lines – to Karjat and Panvel – are also home to suburban railway services. It is these suburban services which enable human resources to reach their work locations, and thus, retain the importance of residential hubs along the suburban sections.





Similar Articles

Leave a Reply

Top