The proposed Oshiwara District Centre (ODC) is likely to become commercial hub in the suburbs with its real estate prices expected to rise by 25-30 per cent over the next 3-4 years, on the back of infrastructure and commercial development in the region, as mentioned in a HDFC Realty report.
“ODC will be developed by Mumbai Metropolitan Region Development Authority (MMRDA) as a better and refined version of BKC. Better connectivity to start with and balanced development plan to tie up the linear real estate chain into a self-sufficient cycle shall provide a sustainable long-term growth to the region,” it said.
Read more: Business Standard