GROWTH STORY OF OSHIWARA DISTRICT CENTRE

Oshiwara District Centre is the new Centre point for growth and development. It is overflowing with professional as well as real estate investment opportunities. The land area zoned for ODC is 160 acres with additional FSI granted to the project by MMRDA grants it a special status of a Growth Centre.

The biggest selling point of this area is the strategic location. It is located between Andheri, Lokhandwala and Goregaon. Oshiwara District Centre is expected to set off a virtuous cycle of further growth and development. Proximity to upper income residential clusters provides access to already existing facilities and proximity to places which make life easier.

The commuting time will greatly reduce owing to the flyover connecting Oshiwara and Jogeshwari Virar Link Road. The harbor railway line is also proposed to be extended to Borivali. The traffic is going to smoothen out owing to the Versova Andheri Ghatkopar corridor. Moreover, the newly built Ram Mandir Railway Station is at Oshiwara District Centre enabling people to travel with ease. The Bandra-Kurla-Mankhurd Metro and the Colaba-Mahim-Charkop Metro is going to provide convenience in travelling.

The ODC report by JLL, a real estate management company. A revolutionary transformation has been seen in Powai and Bandra Kurla Complex in the recent past period creating a very healthy balance of asset types including office, residential, retail and luxury. Oshiwara District Centre is being named as the next Powai and Bandra Kurla Complex. It has been forecasted that any sort of investment in this area is going to reap long term capital appreciation. The prices in these now posh areas have boomed from two to two and a half times thus acting as live examples of what Oshiwara District Centre is foreseen to become. It has been said that it is going to become home to the who’s who in the next few years and the epicenter of future development thus making it the perfect time for investment since it is still in the growth stage. The magnanimous plot is being developed by MMRDA who has a wonderful track record of transforming areas and shaping their futures. A public private partnership is the base of this development which ensures sustainable growth and ensuring fast paced movement in the right direction.