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Real Estate in Vikhroli
Over the years, luxurious apartments in Vikhroli has grown in demand. Set in the central suburban region of Mumbai, it has witnessed one of the largest number of real estate developments in the city. With the increase in the number of commercial developments in and around Vikhroli, the place has become a hotspot for office-goers and homebuyers. Apart from embracing a substantial number of proposed housing projects, it is a part of the expansion strategy of the Mumbai Metropolitan administration area.
Hundreds of new residential projects In Vikhroli are anticipated to accommodate people, migrating from other states as well. In the wake of occupying, masses seeking for better career opportunities, it has become one of the buzzing locations in the metropolitan city.
Vikhroli - A Hub of Luxury Homes
Many leading developers consider Vikhroli as a hub that offers urban lifestyle and high-end facilities. Owing to conveniences such as airports, railway stations, ports, social infrastructure, leisure & cultural spots, and commercial centers, the city has become a suitable alternative for many.
Moreover, nestled in the leafy suburb of Mumbai, the city embraces natural mangroves, which further enhances the scenic beauty of the metropolitan city.
Connectivity - Major Factor of Development
Situated in the heart of the city one can easily reach Fort and Bandra Kurla Complex (BKC) via road, within 35 minutes and 17 minutes, respectively. Also, it offers direct connectivity to the Eastern Express Highway that links the north, south, and east region of the millennium city.
Besides, it also provides a good connectivity to the western suburbs of the city through LBS Marg. As a result, one can reach any part of the city with such an easy accessibility.
Infrastructural Development – Better Prospects
Peeking into the future, the eastern belt is anticipated to transform into a central artery for the cosmopolitan city with proper connectivity between the current airport and the upcoming facilities across the creek.
Prices of luxurious apartments in Vikhroli have also increased in recent years, with the significant upgradation of infrastructure and improved connectivity. As a result, even the adjoining areas around Vikhroli have witnessed a significant revamping in terms of infrastructure. One of the reasons behind rapid growth of city's infrastructure must be credited to industrial development.
Vikhroli has become a micro market of northeast Mumbai, amidst thriving social or urban infrastructure such as schools, hospitals, transit, and other conveniences. The demand for residential properties is not slowing down anytime soon, in the presence of immense scope for individual growth.
With new residential projects in Vikhroli, a reputed real estate developer like ‘Godrej The Trees’ has been able to gain a strong foothold in the market. They have been able to garner customer’s trust, by providing latest design and technology in their properties including residential, commercial, and township projects. It is a good sign for prospective homebuyers to look forward for better deals coming their way. The city could be an ideal location or a subject matter of an interesting case study for inner city regeneration or sustainable development.
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GST Impact on Real Estate
With a thriving market of real estate projects in Mumbai, economy pundits of Maharashtra expect skyrocketing growth in the development of the state. Contributing on an average of about 5 to 6 per cent in country’s GDP, the sector also plays a pivotal part in employment generation.
The recent introduction of Goods and Services Tax (GST) is set to bring a major revolution in the real estate sector in India. The country is now a step closer to becoming a unified tax market. It will wipe out the erratic taxation structure, which generally stumps industry’s path of growth. However, there are still some points of concern related to GST tax slabs that need clarification.
GST, one of the longest anticipated tax reforms, received undisputed approval from both the houses of Indian parliament this monsoon session. The council of GST that affixed the slabs for various goods and services, included the sector partially through works contract. However, the supply chain mechanism is awaiting a meticulous refurbishment after the implementation of GST.
Effective development of GST on Real Estate
The rise in tax collection, comprising of all goods and services in a single indirect tax will streamline overall taxation levels. This will make it easier for real estate retailers and other businesses to comply with the tax policy. Having said that, the positive developments of new taxation will begin to manifest within two to three years from the date of its implementation.
The real estate sector has seen an extensive rise of about 22% in its private equity investments from the year 2015 to 2016. There was an increase of 9% in residential investment in the Q3 of 2016 as compared to Q2 of the same year.
Despite the announcement of the Goods and Services Tax (GST), its structure persists to remain under a lot of speculations, especially pertinent to the construction and real estate industry. Although, there are expectations that the realty sector might appear in the 12% bracket, forming any kind of views or opinions on it at this point would be premature. Moreover, the effective tax incidence on real estate sector under GST would be determined basis the abatement rules prevalent under the service tax regime, and the Input Tax Credit facility for property developers.
GST Regime for Real Estate Developers
Unlike current tax laws, GST will enhance the margin in the hands of a property contractor or a developer, thereby eliminating other taxes like VAT, service tax, excise duty, entry tax, octroi, and so on. The sector benefits from facilities in Special Economic Zones (SEZs), which are most likely to be carried forward in GST as well.
Well-known developers, like Godrej The Trees, would ensure that both buyers and sellers benefit from the implementation of GST. Property spectators are on the lookout to fill up the gaps which exists under the current tax scenario in the country. There will be several real estate projects in Mumbai which would need the transition from complex tax laws onto GST.
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The Trees by Godrej Developers in Vikhroli, Mumbai is till date the best residential project in Vikhroli, Mumbai for luxury apartments. It’s flats include elegant and Stylish 1BHK, 2BHK, 2.5BHK, 3BHK, 3.5BHK and duplexes that take luxury to a new level.
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Check out the amazing videos released by Godrej Properties on their new residential project in Vikhroli, Mumbai called The Trees. The Trees has created a sensation among customers for luxury apratments and has been the most awaited real estate project for a long time.
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The Trees – A Godrej real estate project in Vikhroli, Mumbai is considered one of the most luxurious projects all over Mumbai. It consists of spacious 1 BHK, 2 BHK, 2.5 BHK, 3 BHK, 3.5 BHK flats in Vikhroli, Mumbai at the most competitive price in the market.
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The Trees – A project by Godrej Properties has been the most awaited upcoming housing projects in Mumbai. The masterplan developed by the partners of The Trees gave an overview of luxury apartments creating a lot of excitement among customers
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The Trees – Launched by Godrej Properties is a new ongoing residential project in Vikhroli, Mumbai which has set the mark high for luxury residential properties. It’s 1BHK, 2BHK, 2.5BHK, 3BHK, 3.5BHK flats are very elegant pagination:
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Godrej developers in Vikhroli has planned some of the best luxury residential flats in Mumbai in it’s upcoming real estate project called The Trees. Known for their competitive pricing, it is one of the most awaited real estate projects in Vikhroli, Mumbai.
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The Trees by Godrej Properties which is an ongoing residential project in Vikhroli, is considered the best place to find luxurious apartments at a competitive price. It is also reviewed as the best planned project by customers
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Among all the new construction projects in Mumbai, The Trees by Godrej provides the most luxurious properties in Vikhroli, Mumbai. A simple glance at the masterplan of the trees will immediately tell you why it is considered the best!
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Godrej builders in Vikhroli has set the mark very high for real estate development in Mumbai with it’s new project The Trees which is simply a new name for Luxury. The Trees provides luxurious flats in Mumbai at a very competitive price. .0pt'>
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The Trees by Godrej is an amazing place to find the best Commercial & Residential Properties in Vikhroli, Mumbai. It’s Competitive pricing for it’s luxurious flats in a town like Vikhroli, has been appreciated by many.
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Residential Projects In Vikhroli | Godrej Origins The Trees
The Trees by Godrej is an amazing place to find the best Commercial & Residential Properties in Vikhroli, Mumbai. It’s Competitive pricing for it’s luxurious flats in a town like Vikhroli, has been appreciated by many.
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