3 Prime Locations For Investment In Mumbai


Once upon a time, the city of Mumbai was an archipelago of seven islands. Today, it has become a bustling and rambling metropolitan. This financial capital of India is exploding with people wanting to build a life or a career in this city.

The city has become a theatre of dreams. You will find thousands of people bustling each year in search of some start to life.

This has created a tremendous demand for residential property in Mumbai, office spaces etc. This has given a boost to the real estate sector in Mumbai. So, it comes as no surprise that real estate in Mumbai is one of the world’s most expensive property markets.

1. South Mumbai

South Mumbai is one of the most expensive living locations of the city. It has some of the big names in the country residing there. Right from the Ambani’s, to Tata’s, you can tell why this is the most posh area in Mumbai.

The residential properties in South Mumbai are touching the sky. It has today become a global market for luxury properties. It is a darling spot for NRIs and extremely affluent home buyers. Residential properties in South Mumbai have a high demand than any other area in Mumbai.

SoBo is the heartbeat of Mumbai. It has a quaint charm and perhaps, paradoxically, despite tremendous developments in construction, this side of the city refuses to give in to modernity.

It still carries that old world Bombay Vibe.

2. Bandra

Famously called as the Queen of the Suburbs, Bandra is the link that connects Old Mumbai with its suburbs.

It houses the elite of the city. People their live a life of pomp and style. It provides great connectivity to other parts of Mumbai as well. Along with buzzing life, it has one of the busiest corporate hubs in the city. It is because of these reasons; Bandra has become an investment hotspot for luxury properties.

3. Juhu

Juhu is also called as the Beverly Hills of Bollywood. This is because, Juhu houses some of the most successful Bollywood celebrities. Frequented by movie stars and industrialists, the demand of residential properties in Mumbai sees a huge rise in Juhu.

You will find some of the most exciting luxury properties here.


Comments

Post a Comment

Popular posts from this blog

Top 5 Tips for Your Investment Property Research

Image
It's every ambitious individual's dream to invest in a good property. However, finding the right investment property is not a cakewalk activity. It involves thorough property research and in-depth analysis to make a wise decision. We have listed important points you must consider while looking for a property to ease your buying process. Whether you're an expert or a novice, these tips from an expert property research company will help you. 1. Set Your Budget Before you begin, it's essential to set a budget. This is a crucial step on which the upcoming points rely. Begin by working out what your upfront costs will be and how much you have saved up. This will give you an idea of how much you need to borrow. Look around to understand what you can get at different price ranges and how much the cost of maintenance (strata fees, water rates, etc.) will be. This will give you a head start on your research. Seek help from real estate research companies, if needed. 2. Evaluate
Read more

Buy Vs. Rent In Mumbai: Which is the better option?

Owning a property in a metropolitan city like Mumbai is a dream for many. To earn an address in Mumbai, many people are now looking for a budget-friendly residential project for sale. This rising demand has also caused property costs to reach their peak. In that case, would renting out a property be a good idea? Let’s find that out. In this article, we explore the pros and cons of buying a property vs. renting a property in detail.   ●        Renting a Property One often feels that buying a property involves heavy investment. You need to consistently pay a sum of money for a long number of years. However, the same is the case even when you rent a property. Here, you need to pay a heavy deposit and a rental amount every month. If you choose a rental property in a prime area in Mumbai like Worli, Colaba, Bandra, Juhu, etc., you must pay a substantial monthly rent. To rent a property in town, we suggest you consulting property dealer in Mumbai for better insights. Furthermore, you
Read more