Golf Courses Woo Top-End Buyers in Mumbai

Housing sector in Mumbai, it seems, set to be golf – oriented. Along with golf courses, other sports facilities are also becoming must- amenities.
Golf courses do have an impact on the property sale.

Golf courses do have an impact on the property sale.

MUMBAI: In Mumbai and its neighborhood areas, golf courses are slowly becoming a necessary amenity. This is true especially for the top-end housing projects.

There is a higher demand for housing projects which have golf courses. Seeing this increased demand, the builders are also coming up with such projects. They use golf courses as a means to persuade the buyers to their projects now.

Though Golf courses are considered to be the sign and symbol of luxury now, there are only a few golf courses in Mumbai. Unlike Delhi-NCR, Bangalore or other top cities, the commercial capital lacks golf courses. Though main reason is land scarcity, excessive land price also matters.

Right now there are three 18-hole golf facilities in the city. Two of them are in South Mumbai, while one is at Chembur. Willington Sports Club and United Services Club are the two South Mumbai golf courses. Bombay Presidency Golf Course is located in Chembur.

Golf courses attract top-end buyers to great extents.

Golf courses attract top-end buyers to great extents.

Housing sector in Mumbai has gone wider changes. Now the lifestyle and life aspirations too have got differentiated from that of the earlier periods.  Seeing this altered changes and sentiments of the buyers, the builders of the area remain keen to deliver homes with such superior facilities.

Jones Lang LaSalle India’s CEO (Operations) Santhosh Kumar said that the latest trend in the housing sector is theme based housing. He added that there is also good demand for sports oriented homes.

Two builders have already started constructing residential projects with golf courses inside.

Along the Mumbai-Pune Expressway at Savrolli, Indiabulls Real Estate is developing a residential villa and luxury terraced residences project. The 350- acres sprawling project has an 18-hole golf course.

Lodha group is another developer. It has already developed and delivered a project with 9-hole golf course. The project, titled Lodha Golflinks, is developed near Dombivali. Besides this 50 acre project, the company is also developing another residential project with 9-hole golf course. This project is being developed along the Mumbai-Pune Expressway.

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  1. Pingback: Mumbai Buyers' Demand for Golf-centric Projects Rises

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