Byculla has been one of the most culturally-rich districts of Mumbai and home to the city’s elite. Over the years, various areas of the city have transformed entirely, and this includes Byculla as well. It attracts a large number of people towards itself. The locality is all set to become the next Lower Parel.
Numerous factors contribute to appeal and attraction Byculla enjoys. Thus, many Mumbaikars are considering making their home here. There are abundant 2 BHK flats for sale in South Mumbai that you can find in this area and enjoy an upscale lifestyle So-Bo is known for.
A Brief Look into The Past
Back in the day, Byculla was nothing more than a bunch of mills similar to Worli, Parel, and Chinchpokli. As the mills became obsolete, the big developers got their hands on them, converting them into premium properties for commercial and residential purposes. The Lower Parel-Worli belt has seen some of the most spectacular transformations, with commercial spaces emerging all over. The same goes for Mahalaxmi and Chinchpokli, where the past decade or two saw plenty of plush residential properties.
When it comes to Byculla, it seems to be following the same pattern as some of the most well-designed residential communities. Finding a good 2-BHK flat for sale in South Mumbai is no longer a difficult feat.
Reasons to Make Byculla Your Home
Here are some of the main reasons that make a strong case in favor of Byculla as the next Lower Parel:
The last ten years or so have seen a lot of development in terms of improved infrastructure and development of the area. However, the localities do not have room left to support and carry on with the improvements. Owing to this, the wave of logical progression is going to move towards Byculla, allowing a wide range of opportunities for both developers and buyers.
Another key reason for Byculla to become the hotbed for properties is the incredible value proposition. The last two decades or so have seen quite a jump in the prices of both commercial and residential property rates in Mahalaxmi, Lower Parel, and Worli. This has made owning either property in the said areas rather expensive. Also, this has led to the development of many communities of flats in Byculla. Standalone homes are also available.
Connectivity and Transport
The area is efficiently connected to the different parts of the city, way before it became a property hub. Enjoying a strategic location between the harbor line, western suburbs, and South Mumbai, Byculla offers sufficient transport options.
Moreover, the arterial roads, the Eastern and western express highways, along with the Eastern Freeway are within minutes’ distance of Byculla. Road travel is smooth and hassle-free. The area offers sound bus connectivity as the buses traveling to and from South Mumbai have their stops in or close to Byculla.
As said earlier, Byculla happens to be one of the oldest developed regions of Mumbai city, nestling in itself homes of the rich and the influential. The surrounding infrastructure corroborates this fact.
Some of the oldest and well-known schools, colleges, and hospitals are nearby as well. As far as the social infrastructure is concerned, Byculla shall be following the same trajectory as that of Lower Parel, Worli, and the surrounding area.
Although property prices have increased in South Mumbai, Byculla offers a relatively affordable price bracket to potential property buyers and developers. Residential projects such as Piramal Aranya and others have entered the market to make Byculla one of the most lucrative purchases and investment opportunities to put your money in.