In the conventional or old map of Mumbai city, Sion would have been just at the brink of the outskirts, the gateway to the erstwhile undeveloped suburbs and the main city. With rapid expansion and development of the suburbs in Mumbai over the last twenty years, Sion enjoys a fascinatingly central location today. It is one of the most well connected neighborhoods in all of Mumbai. The Monorail depot, the multiple railways stations and quick drives to Bandra to the west, Kurla to the north, Matunga and Mahim to the south and south west and the National Highway 3 running right across the area have made Sion projects extremely popular for a better part of the last ten years.
Homebuyers and investors typically have predetermined sets of preferences as to which type of Sion new projects would be ideal. Any Sion new project can be classified into various subcategories. The classifications are upcoming projects in Sion, pre launch projects in Sion, under construction projects in Sion, ongoing projects in Sion and ready possession projects in Sion. This categorization is usually done taking into account the timeframe of completion, progress of work and the current status of every Sion project.
Click picture to view details for Zeus Residency Sion East Mumbai By Zeus Housing.
Click picture to view details for Sheth Beaumonte, Sion West, Mumbai By Sheth Creators.
The new projects in Sion would normally refer to the entire plethora developments and include every category. The upcoming projects in Sion would be the ones that have just been launched and have a scheduled timeline of completion, usually about two to five years from present day as the case may be depending on the size of the Sion new project and the work progress capacity of the developer. The pre launch projects in Sion would be referred to as those that are yet to be launched. The plans of such Sion projects are usually approved by the regulatory bodies and the developers are at the brink of starting extensive developments of the lot of land. The under construction projects in Sion would be those that are neither at pre launch nor upcoming. They would be typically in the beginning stages of construction but a significant majority of the development is still pending or about to be accomplished. The ongoing projects in Sion can be referred to as those which are nearing completion. These new projects in Sion would have several portions of the project developed already and can be anywhere around a few months to a year or two from the date of possession or handover. Ready possession projects in Sion should ideally indicate those that are ready to be handed over but in reality, any Sion projects that is about a few weeks from possession or has been already completed a few weeks to a few months before would be classified in this category.
Families or investors that invest in Sion projects need to look at these factors while checking out any new project in Sion. While it is normal for anyone to have a certain preference, it is ideal to check out various other factorials and influencers to gage the best possible investment option.For instance, Sion project appreciation would be integral to any decision making. At times, Sion projects that have been launched get appreciated better than those that are in pre launch or under construction stages where as in many cases upcoming projects in Sion or those that are under construction may have better Sion project appreciation than the already launched or the ones ready for possession.
When you do know why to invest in Sion is a sorted dilemma, choosing the ideal property in terms of its present status and Sion project appreciation should be two determining and quintessential influencers.
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