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Charkop property market: An overview

Charkop

The name of the locality originated from the word “Char Khop” which literally means “4 huts”. The locality used to be inhabited by fishermen. Charkop never used to be populated much till the early 1990s. But with the advent of 1991, Charkop witnessed a huge surge of inhabitant population and now it emerges to be a well – known residential and commercial hub.

 

Connectivity with nearby Charkop localities

The locality is well connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.

 

Employment hubs near Charkop

The locality is witnessing an increase in the population in the recent years owing to its proximity to various commercial complexes in and near Charkop. These include:

 

Schools in Charkop and other social amenities

Charkop provides its residents with all kinds of social amenities to live a happy and peaceful life. They include various schools and hospitals.

Of the social amenities provided by Charkop the major health institutions dominating the locality include:

Apart from these it also provides the luxury of enjoying recreational amenities and proximity to various banks and ATMs:

The locality also provides its residents with a number of luxurious shopping arcades like:

 

Physical infrastructure in Charkop

 

Price trends in Charkop

  • Price Depreciation in Charkop – around 1% in last 3 months
  • Current property rates in Charkop : INR 9,543 – INR 14,255 per sq ft

 

Reasons to invest in Charkop

Charkop has grown up to emerge as a very convenient neighbourhood considering the easy living conditions and many job opportunities that it provides its residents with. Although the price rates have been seen to be decreasing in the present scenario, the increasing demand of properties in Charkop will soon cause property rates to skyrocket and so investing in Charkop will prove to be quite lucrative. Presence of commercial hubs in and around the locality is making Charkop a preferred working as well as a residential destination of Mumbai.

Projects like The Wadhwa Madhupuri, Bhoomi Samkit and many more located in and near the locality are here to make Charkop a rather posh and coveted residential neighbourhood that provides better and cheaper living conditions.

 

Check properties in Charkop

 

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