There are only some centrally planned districts executed by government agencies which cover an area of almost 13 million sq ft, and Oshiwara District Centre in Mumbai is one of them. Mumbai’s last planned district centre was Bandra-Kurla Complex, which was developed almost four decades ago. The government realised that another planned district centre was needed in the northward of Mumbai. This led to the formation of a mixed-use planned district by MMRDA in Oshiwara, which has caught the fancy of both end users and investors. In this article, we will tell you the advantages of living in Oshiwara District Centre or ODC. paradigm antalya oshiwara
Office districts are gradually moving northwards
In recent years, due to an increase in employment generation, Mumbai has expanded northwards to a large extent. This has resulted in exponential housing growth in this area, with many reputed developers announcing their residential projects. Businesses realised that to achieve higher output from their employees, they would have to move their offices to these districts. Setting up your home in Oshiwara District Centre will enable you to be closer to your workplace and achieve a work-life balance. 102 downtown paradigm oshiwara
Close proximity to many amenitie
Oshiwara District Centre (ODC) provides excellent connectivity to main arterial roads such as S.V.Road, Link Road and Western Express Highway. It is at a comfortable distance from the upcoming Dahisar-Charkop-Bandra-Mankhurd Metro rail line. Various offices, hotels and shopping malls are in the vicinity of ODC. This gives you the freedom to work and socialise without having to spend long hours commuting back and fro. Only a short driving distance away from ODC are big commercial establishments and business parks like Nirlon Knowledge Park, Nesco IT Park, Raheja Titanium and Lotus Corporate. From the healthcare perspective, Kokilaben Dhirubhai Ambani Hospital offers excellent healthcare facilities and is only a short drive from ODC. The nearby areas have many educational institutions such as Oberoi International School and Vibgyor High School. For your entertainment, you can head towards Infiniti Mall Andheri and Oberoi Mall Goregaon.
Benefits of infrastructure projects
A slew of infrastructure projects, both completed and in stages of completion, are all set to make ODC as one of the hottest living and property investment destinations in Mumbai. The flyover which connects S.V. Road to Western Express Highway has considerably eased the traffic at ODC, and the widening of Ram Mandir Road, which provides the last mile access to ODC, has reduced the time taken to reach ODC from S.V.Road. When the extension of the JVLR-WEH flyover to Andheri Link Road is complete, it will boost the access from ODC to Link Road. The completion of Ram Mandir railway station between Jogeshwari and Goregaon railway stations has led to many people choosing ODC as their home, as it provides express connectivity to their workplace.
Housing demand will increase
Spread over 160 acres, ODC has been granted additional FSI by MMRDA, and given a special status as “Growth Centre”. This planned district has been defined for mixed-use development by including a healthy balance of all asset types including residential, commercial retail and hospitality establishments. If you are evaluating property investment opportunities in the suburban areas of Mumbai, residential projects in ODC are presently available at a 30-40% discount as compared to Andheri Lokhandwala and 10-15% discount as compared to property prices in Andheri West. With offices coming up in close vicinity, the demand for homes for the work force in ODC will certainly increase, which is why this is the right time to invest in ODC for good capital appreciation and rental income.