Vista Residences Is A New Luxurious Residential Building In Goregaon West, Mumbai

Explore Vista Residences in Goregaon West, a brand-new neighbourhood that opens the door to opulent and exclusive homes in Mumbai. This brand-new building, which redefines comfort, offers chic residences with well thought-out floor plans for the highest level of privacy and independence. Let’s investigate its opulent offers by delving into its unparalleled features, USPs, costs, and neighbourhood assessments.


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Mumbai is already among the top 10 residential markets in Asia-Pacific according to yearly price appreciation for the second half of 2023. With a seven percent year-over-year (YoY) rise, India’s financial capital came in at number nine.

Industry data also showed that in 2023, the number of high-value property registrations in Mumbai’s real estate market increased by more than 50%. The reason for this spike was the growing desire for larger, nicer homes. Goregaon West’s Vista Residences is one such opulent residential development meant to improve your quality of life. Let’s take a closer look at its features, floor plans, cost, and payment schedules to see what makes this Goregaon West project different from others.

 

About the project: Vista Residences in Goregaon West, Mumbai

The Vista Residences project in Goregaon West is a joint residential and commercial endeavour by ID Group, AVA Group, and Eleva by Hiranandani. The project spans 2.5 acres and consists of three towers housing ultra-luxurious 2 BHK and 3 BHK flats. The developers have now made reservations for Tower-3.

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has registered Vista Residences by ID Group, AVA Group, and Eleva by Hiranandani under registration number P51800053625. By December 2028, completion is anticipated.

Let’s examine some of the distinctive features that set it apart from other Goregaon West projects.

 

What makes the Vista Residences in Mumbai’s Goregaon West project special?

Vista Residences has been painstakingly designed to provide a variety of distinctive characteristics, setting it apart from other developments in the area and satisfying the demand for superior residences. Among the project’s distinctive features are:

  • Unique elevation design
  • Multi-level car parking
  • Lavish floor-to-ceiling height
  • Luxurious double-height entrance lobby
  • High-speed elevators

Let’s now take a deeper look at the amenities that the project is anticipated to include.

 

Vista Residences: Project Features in Goregaon West, Mumbai

The property has over 20 opulent amenities to guarantee that the occupants have top-notch experiences. The following amenities may be of interest to you:

  • Swimming pool on the rooftop
  • Lawn on the terrace
  • Multipurpose court
  • Jogging track
  • Salon
  • Cafe, lounge and library
  • Rooftop Jacuzzi
  • Outdoor children’s play area
  • Yoga/Zumba room
  • Star gazing zone
  • Pet play area

Now that you are aware of the project’s expectations, allow us to present the costs and varieties of properties offered by Vista Residences.

 

Vista Residences, Goregaon West, Mumbai: Property Types & Prices

The developers have only opened one tower during this phase. The 106 flats in the tall 33-story building are divided into 2 BHK & 3 BHK layouts. The carpet area varies from 765 sq ft to 1,170 sq ft, and the unit prices start at Rs 2.95 crore.

The sizes, types, and costs of the apartments at Vista Residences are as follows:

Configuration Starting carpet area Starting price
2 BHK 765 sq ft Rs 2.95 crore
3 BHK 1,170 sq ft Rs 4.5 crore

 

Now that prospective homeowners know how much the apartments will cost, let’s examine the payment plans the developer is providing.

 

Payment schedule for Vista Residences in Goregaon West, Mumbai

Interested parties purchasing an apartment at Vista Residences have the option of choosing a construction-linked payment plan. With the construction-linked payment plan, buyers can contribute a certain amount towards the overall cost of the apartment after reaching a predetermined development milestone.

Milestone Due percentage
On booking 10%
Instalment 1 10%
Instalment 2 5%
Instalment 3 10%
On completion of the plinth 10%
On completion of the 4th podium slab 5%
On completion of the 8th podium slab 5%
On completion of the 11th slab 5%
On completion of the 15th slab 5%
On completion of the 19th slab 5%
On completion of the 23rd slab 5%
On completion of the top slab 5%
On completion of OH tank top slab 10%
On completion of block work and internal plaster of the respective flat 5%
On intimation of OC 5%

 

To gain a better understanding of Goregaon West, Mumbai, let’s examine the area in more detail.

 

Overview of the Vista Residences locality in Goregaon West, Mumbai.

Vista Residences is well situated in Mumbai’s upscale Goregaon West micromarket, which is home to both business and residential buildings. The project location is tucked away along New Link Road, close to Windsor Corporate Park. Being close to important locations is one of the numerous characteristics that make a place livable or attractive for real estate investment. Let’s examine the Goregaon West connectivity element in more detail.

 

Goregaon West, Mumbai: Connectivity part

Goregaon West’s central location allows it to be connected to several significant locations in Mumbai. Strong road communication between North and South Mumbai is provided via the New Link Road, Swami Vivekananda Road, & Versova Marg.

Additionally, the region is connected to Mira Bhayandar, Dadar, and Nalasopara via the Western Express Highway, which is easily accessible and only three km distant. The following important sites are listed along with how far they are from Vista Residences:

  • The distance between the project site and Chhatrapati Shivaji Maharaj International Airport is over nine miles.
  • Jogeshwari Railway Station is around three kilometres distant.
  • Vista Residences is located less than a kilometre from Goregaon West Station on the Mumbai Metro Yellow Line, which links to Dahisar East and Andheri
  • Within a 10-kilometer radius are a number of employment zones, including Nesco IT Park, Film City, and Oshiwara District Centre.

 

Social infrastructure in Goregaon West, Mumbai

An area’s assortment of social facilities both within and outside of it contributes to its livability. To make daily living in a community easier, social infrastructure—such as healthcare facilities, educational institutions, and recreational spaces—is crucial.

Here are a few of the marketplaces, hospitals, and schools in and surrounding Goregaon West:

Schools Hospitals Marketplaces
CP Goenka International School Bluebell Hospital Morya Mall
RIMS International School Kulkarni Hospital Link Plaza
Marble Arch School City Multispeciality Hospital Westside Infiniti Mall
Mumbai Public School Ruby Hospital Oshiwara Mall

 

What current and previous residents have to say about a place can also provide you more insight into its liveability aspect.

 

Goregaon West, Mumbai: Residents’ Reviews

On the Reviews & Ratings platform, Goregaon West has received ratings of 4.3 out of five from both present and past residents. The ease of access to markets, schools, taxis, and public transportation has been acknowledged by most people. They have also complimented the area’s nighttime safety. On the other hand, some of the locals draw attention to the issues with parking and traffic congestion.

 

Price trends in Goregaon West, Mumbai

Price patterns from previous years can be used by purchasers and investors in real estate to assess the area’s investment potential. In Goregaon West, an apartment typically costs approximately Rs 30,000 per square foot. Over 15% of property values in the neighbourhood have increased in the past year, which is approximately 10% more than in Goregaon East, a nearby area.

The Goregaon West home price trends over the previous five years are as follows:

Property price trends in Goregaon West
Average price The Last 1 year Last 3 years Last 5 years
Rs 30,000 per sq ft 15.60% 17.90% 14.90%

 

Goregaon West, Mumbai: Future Development & Investment Opportunities

As one of Mumbai’s developed areas, Goregaon has seen a number of developments that have raised housing costs and demand in the past. There are still a number of planned infrastructure improvements, which will probably raise demand and property values even further.

The following are a few of the Goregaon West planned developments:

  • It’s almost five miles distant from the proposed Goregaon-Mulund Link Road, which will link Mulund and Goregaon East.
  • Mandale will be connected by the Mumbai Metro Yellow Line Extension, which is now under development.

Mumbai’s Goregaon West appears to be a feasible residential choice when taking into account the ongoing patterns of price increases, as well as the current and planned infrastructure. Vista Residences may be the preferred choice for buyers seeking upscale and luxurious real estate in the area. The project is excellent for end-use because to its sound connection, close proximity to various important regions, and easy access to social facilities. But before making an investment, it is advisable to do your research and speak with a local real estate expert.

 

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