Hi, A few months back, I bought a plot on Altamount Road for Rs.53,514 per sq. ft. I am not aware of the current Altamount Road Mumbai land price, but I am pretty sure that it might have gone up. If you are trying to purchase a plot in the area, then you can check the factors that have been listed below.
What are the Factors Affecting Land Rates on Altamount Road?
As per my understanding, areas like Altamount Road are more expensive because of higher demand and better amenities. Here are some factors that affect the land rates.
Location
Altamount Road is an area that has access to vast infrastructure and proximity to commercial areas and public transportation. Thriving commercial sectors, educational institutions, and recreational facilities also surrounded it. This is the reason the prices in these areas are quite high.
Utilities
Altamount Road has access to a clean water supply, proper sewage systems, reliable electricity supply, etc. This makes the location more desirable, thus driving up the market value of the land prices.
Demand and Supply
The availability of land on Altamount Road and this is one of the primary reasons the land rates in this area are so high.
And that’s about it. I would suggest you understand these factors before you decide to purchase a plot of land in this area. Hope this helps.
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Authors Of The Question
What is the Altamount Road Mumbai Land Price?
Anjali
19 Views
1 Answers
2 months
2024-10-13T21:53:44+00:00 2024-10-30T19:15:51+00:00Comment
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