Siddharth Nagar Real Estate
Siddharth Nagar, Goregaon West, Mumbai, Maharashtra | Pincode - 400104
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Real Estate Events
Roof India Exhibition 2024
From 25th Apr 2024 To 27th Apr 2024
Mid-day Hot Property Exhibition 2024
From 5th Apr 2024 To 7th Apr 2024
iDAC - Infrastructure Development Architecture Construction 2024
From 7th Mar 2024 To 9th Mar 2024
About Siddharth Nagar Goregaon West
Find your real estate in Siddharth Nagar, Goregaon West on Ghar.
Siddharth Nagar is a highly desirable residential neighbourhood in the centre of Goregaon west. Since more than a century ago, housing settlements and developments have occurred at this location.
The preponderance of the land on which Siddharth Nagar was built pertains to the Maharashtra Housing & Area Development Authority (MHADA) and is commonly referred to as leasehold property. In the Siddharth Nagar Goregaon west MHADA planning landscape, there were primarily three types of development.
A few were designated as housing developments for HIG (high income group), MIG (middle income group), and LIG (low income group) (Lower income group). The majority of these developments consisted of detached houses, villas, chawls, and bungalows that were scaled and priced according to the category they were intended for.
A few decades back, Siddharth Nagar was renowned for the prevalence of balconies in its building structures. Due to the area's prominent location and the passage of time, Siddharth Nagar underwent significant redevelopment.
Real estate in Siddharth Nagar has always in been in demand from Goregaon west residents who prefer its connectivity. In addition, Siddharth Nagar has many public and private facilities, such as excellent health clinics, dentists, hospitals, a post office, a market, an Ozone swimming pool, a play ground with multiple facilities known as Prabodhan Krida Bhavan, a joggers' park, a tennis court, gardens, and parks.
As the pace of redevelopment increased, property values in Siddharth Nagar, Goregaon West, began to rise sharply. Numerous local and national real estate developers have initiated new construction projects in Siddharth Nagar. Kalapataru Radiance by Kalapataru developers in one such example. During the initial construction phase of Radiance, the demand for reservations was exceptionally high, and the majority of the inventory sold out in record time.The presence of excellent educational institutions and tuition classes in Siddharth Nagar contributes significantly to the area's desirability as a real estate market. In this location, the Vivek Vidyalaya school is a very ancient and well-known English-medium school and college. There is also a large Jain Derasar (temple) on the 16th number road in Siddharth Nagar, which attracts worshippers from all over Bombay.
In addition to this Derasar, there is a Dattatray temple close to SV Road in Siddharth Nagar that hosts numerous community-based events throughout the year.In Siddharth Nagar, Goregaon West, other ongoing residential ventures include Ekta Tripolis by Ekta World (706 units), The Luxor by Sangam Lifespaces, Sukh Villa by Dhanesh developers, and many others. Siddharth Nagar has one of the most affordable average property prices per square foot of all the prominent locations in Goregaon west.
The vast majority of real estate developers are capitalising on the high demand for apartments and flats for sale in Siddharth Nagar that are of high quality. In 2020, approximately 1,800 to 2,000 new residential units will be delivered and added to the real estate inventory of Siddharth Nagar Goregaon west. In 2023, the demand and supply for quality rental homes in Siddharth Nagar will be at an all-time high, and the resale market for new 2 BHK, 3 BHK, and 4 BHK homes in Siddharth Nagar is expected to be extremely active. After taking possession, many property investors in Siddharth Nagar would seek to liquidate their properties.
In the coming years, the number of active real estate agents and property brokers in Siddharth Nagar is expected to increase. Obviously, the demand for new apartments in Siddharth Nagar will also increase the demand for single-family homes for sale and rent in the area. The B-type and A-type villas in Siddharth Nagar have been utilised by a number of entrepreneurs to establish excellent working spaces and offices.
In Siddharth Nagar, there is a respectable demand for commercial office spaces for sale and rent as well, due to the large spaces of the independent houses available at affordable prices. The development of infrastructure throughout Siddharth Nagar and the presence of flora in this area have made this a more desirable place for homemakers. According to numerous reputable sources, the retail section of Ekta Tripolis will feature some of the most prominent retail brands, restaurants, and food and beverage brands.
These factors would give Siddharth Nagar's already favourable location a significant facelift. This section of Ghar.tv is dedicated to the neighbourhood of Siddharth Nagar, Goregaon West. It is intended to assist all property owners in Siddharth Nagar who wishes to sell or rent their residential or commercial property. In addition, every professional real estate agent in Siddharth Nagar can publish residential and commercial listings on this website and receive responses from some of the finest potential clients for this area.
If you are a real estate investor seeking to purchase residential, commercial, or luxury properties in Siddharth Nagar, Ghar.tv can assist you in selecting and finalising the ideal properties.In 2023, the average property price in Siddharth Nagar, Goregaon west ranges between Rs. 24,400 and Rs. 28,000, depending on the property's location, age, and amenities.
Currently, a 1 BHK for sale in Siddharth Nagar costs between 1 and 1.25 cr. A 2 BHK in Siddharth Nagar will typically cost between Rs 1.70 Cr and Rs 2.20 Cr. The price of 3 BHK and 4 BHK apartments in Siddharth Nagar ranges from Rs. 2.70 Cr to Rs. In the future years, Siddharth Nagar will experience an increase in the number of redevelopment projects; consequently, property values will rise.
Property Rates in Siddharth Nagar Locations
Year | City | Jan-Mar | Apr-Jun | Jul-Sep | Oct-Dec |
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2023 | Goregaon West-Mumbai |