Oshiwara District Centre (ODC) is being contemplated as the next BKC for western suburbs in Mumbai. Spread across 148 acres, this district centre will be offering world-class retail, residential and commercial spaces laced with top-notch facilities. According to the real estate experts, various factors like connectivity and convenience to appreciation and affordability will play an important role in making the location the most invested destination in Mumbai. ODC is all set to be the new CBD (Central Business District) in Mumbai.
Located between Lokhandwala and Goregaon, ODC is being shaped on the lines of Bandra Kurla Complex to decongest the western suburbs of Mumbai. This district centre is in close proximity to Goregaon Railway Station and Chhatrapati Shivaji International Airport and BKC (25 minutes drive).
After Bandra Kurla Complex, ODC has been proposed as the next mega planned growth centre by the MMRDA. The Authorities have plans to develop Oshiwara as the new destination as there is a rise in economic activities and a constant need for space is felt. By promoting the District Centre in Oshiwara, absorbing future growth of commercial activities and offices will become easier. This effort will also get the required boost from the upcoming Oshiwara Railway Station.
ODC will be a home to approximately 20,000 families in its residential planning. It has been signaled as the Centre of Residential needs for suburbs by the MMRDA. It will not only cater to the semi-wholesale trade and retail trade in various commodities but also offer thoughtfully designed offices spaces and Entertainment zones. The centre will also encompass a shopping complex with around 3,000 retail outlets.
This district centre will also generate around 2.5 Lacs jobs by year 2019. Besides being well-connected to prime areas within the city, ODC will also have good infrastructure such as Road networks, drainage and sewerage facilities.
Oshiwara is turning into a hot spot for residential realty and also emerging as a corporate hub. It offers everything from connectivity and amenities to infrastructure growth. Oshiwara is a planned micro-market that is presently connected to the S.V. Road, Western Express Highway, Mulund-Goregaon Link Road and Link Road.
Thriving infrastructure projects on the rail front such as Bandra-Kurla-Mankhurd, Versova-Andheri-Ghatkopar corridor and Colaba-MahimCharkop will be boosting the connectivity between western and eastern parts of Oshiwara. ODC has its neighboring markets like Lokhandwala and Versova which command stupendous prices and have lack of spaces which will help ODC’s appreciation and increase in demand of space
The flyover, connecting Oshiwara to Jogeshwari-Vikhroli Link Road (JVLR) and the proposed extension of the harbor line till Borivali will also be enhancing the commercial and residential market to a great extent.