Mumbai Investment Opportunities For 2023

Looking for Mumbai real estate investment options? Mumbai, India’s financial capital, is one of the most sought-after places to live. The city is well known for its impressive civic amenities, well-developed social infrastructure, and a sea of employment opportunities for people coming to invest in Mumbai, drawing visitors from all over the world.

Mumbai offers every amenity and facility necessary for you to live a peaceful life, displaying a seamless blend of old-world charm and strikingly modern high rises. History, art, cuisine, theatre, culture, and nightlife are all prevalent in the city. And all of this has significantly raised the city’s real estate market. The city has something for everyone, from opulent residences to pricey office buildings.

Mumbai is also regarded as being safer than the majority of other Indian cities. Mumbai, which is frequently described as the “city that never sleeps,” is a secure place for women to go out at night. Additionally, there are many options for public transportation, including taxis, auto rickshaws, and local trains. Buyers find it appealing for all these reasons, and many want to invest in Mumbai for the long term.

Are you looking flat for sale in Mumbai?

Top 10 Mumbai Real Estate Investment Options

Among the best areas in Mumbai to invest in real estate are Andheri, Panvel, Wadala, Chembur, Thane West, Virar, and Khar. Let’s take a closer look at these areas to understand why they are the best places to invest.


Andheri, one of Mumbai’s most well-known and ideal neighbourhoods for real estate investment

One of Mumbai’s premier neighbourhoods, Andheri is renowned for its extensive connectivity. Given that it is one of the top locations for many multinational corporations, it is a dependable investment opportunity. The train station in Andheri is regarded as the busiest in the nation. Additionally, the region has a well-organized network of metros, freeways, and local buses. There are jobs for everyone thanks to the abundance of commercial areas. The area is home to numerous renowned malls and top-notch medical facilities.


Property Rates in Andheri

Locality Type of Property Average Sale Price

(Rs/square feet)

Andheri East Apartment Rs 19,556
House Rs 12,876


Facilities in Andheri

Facilities Names
Educational Institutes ·         Bombay Cambridge International School

·         Hasanat High School

·         St. John Evangelist High School

·         Prime Academy

·         Marol Education Academy’s Junior & High School

·         Divine Child High School

Hospitals ·         Holy Spirit Hospital

·         Criticare Hospital

·         Sevenhills Hospital

·         Sanjeevani Hospital

·         Aggarwal Eye Hospital

·         Aditya Nursing Home

Transportation ·         Andheri Metro Station

·         Andheri Railway Station

Shopping Centres ·         Infiniti Mall, Andheri

·         Crystal Point Mall

·         Fun Republic, Andheri

·         Prime Mall

·         Kamdhenu Shopping Centre


Panvel – A Budget-Friendly Mumbai Real Estate Investment Location

Thanks to the upcoming top-notch infrastructure facilities, Panvel in Navi Mumbai is currently among the best places to invest. Government officials plan to build a new local train route that will link Panvel with CST and many other important towns, making it a very affordable place to invest in Mumbai. Additionally, the area has top-notch public amenities and close-by medical facilities.


Property Rates in Panvel

Locality Type of Property Average Sale Price

(Rs/square feet)

Panvel Apartment Rs 8,211


Facilities in Panvel 

Facilities Names
Educational Institutes ·         Vithoba Khandappa Junior & High School

·         Chhatrapati Shivaji Maharaj Institute of Technology

·         Mahatma Gandhi Public School & College

Hospitals ·         Panvel Hospital

·         Prachin Hospital

·         Lifeline Hospital

·         Niramay Hospital

·         Ashtvinayak Hospital

Transportation ·         Panvel Junction

·         Sector 7 Metro Station

Shopping Centres ·         Orion Mall

·         Mahalaxmi Mall

·         Glomax Mall

·         Seawoods Grand Central

·         Little World Mall



Thane – A Well-Connected Area for Mumbai Real Estate Investment

People actively began looking for investment opportunities just outside the city as Mumbai’s population increased. So, Thane gained a lot of popularity. good connections to various cities, including Kalyan, Bihawandi, etc. Thane offers a well-connected system of roads, commuter trains, and metro stations. Numerous offices of multinational corporations, shopping centres, and other business networks are located in the area.


Property Rates in Thane

Locality Type of Property Average Sale Price

(Rs/square feet)

Thane Apartment Rs 11,590


Facilities in Thane

Facilities Names
Educational Institutes ·         Orchids International School

·         St. Xaviers English High School

·         Lakshya Prep High School

·         Saraswati Vidyalaya High School

Hospitals ·         Horizon Prime Hospital

·         Aayush Multispeciality

·         Siddhivinayak Multispeciality

Transportation ·         Marol Naka Metro Station

·         Thane Railway Station

·         Bhiwandi Station

Shopping Centres ·         Viviana Mall

·         Korum Mall

·         Lake City Mall

·         Lodha Boulevard

·         The Walk Mall


Juhu – A Wealthy Area for Mumbai Real Estate Investment

One of Mumbai’s wealthiest neighbourhoods, Juhu, is close to the city’s international airport. Those with large budgets looking to invest in Mumbai can find opulent apartments and bungalows on Juhu Beach, which offers views of the Arabian Sea. As a result of the residences of numerous celebrities, Juhu is a very expensive neighbourhood. In the area, there are lots of schools, hospitals, and shopping centres.


Property Rates in Juhu

Locality Type of Property Average Sale Price

(Rs/square feet)

Juhu Apartment Rs 38,677


Facilities in Juhu


Facilities Names
Educational Institutes ·         C.P. Goenka International School

·         Ecole Mondiale World School

·         St. Andrew’s College

·         St. Joseph High School

Hospitals ·         Criticare Multispeciality Hospital

·         KLS Memorial Hospital

·         Mallika Multispeciality Hospital

·         Bluebell Hospital

Transportation ·         Chhatrapati Shivaji Maharaj International Airport

·         Balkanji Bari Bus Stop

·         Versova Metro Station

Shopping Centres ·         Db Mall

·         Prime Mall

·         Parle Square Mall

·         Acme Mall


Wadala is Mumbai’s residential centre and top location for real estate investment.

The next major commercial centre in Mumbai, Wadala, is about to emerge. The neighbourhood is a great option for real estate investment in Mumbai because it has excellent infrastructure and a well-connected network of highways. Both existing residential structures and the upcoming Lodha building complex are present.


Property Rates in Wadala

Locality Type of Property Average Sale Price

(Rs/square feet)

Wadala Apartment Rs 22,234


Facilities in Wadala

Facilities Names
Educational Institutes ·         The Andhra Education Society’s High School

·         Vidyalankar School of Information Technology

·         BMC School

Hospitals ·         Mumbai Port Trust Hospital

·         RSV Hospital

·         BMC Hospital Wadala West

Transportation ·         Wadala Railway Station

·         Wadala TT Metro Station

Shopping Centres ·         Star Mall

·         Nakshatra Mall

·         Noora Mall


Chembur – A Promising Area for Mumbai Real Estate Investment

Thanks to recent improvements in the area’s infrastructure, Chembur provides a wide range of options for those considering where to invest in Mumbai. Nearly all Mumbai suburbs are easily accessible from the area via roads and metro lines. In the area, there are upscale apartment buildings and complexes that are close to the Lower Parel and BKC markets.


Property Rates in Chembur

Locality Type of Property Average Sale Price

(Rs/square feet)

Chembur Apartment Rs 19,862
House Rs 16,152


Facilities in Chembur

Facilities Names
Educational Institutes ·         Chembur Karnatak High School & College

·         Swami Vivekananda High School

·         Kangaroo Kids School

·         St. Gregorios High School

Hospitals ·         Zen Multispeciality Hospital

·         Apollo Spectra Hospital

·         SRV Hospital

·         Rushabh Eye Hospital & Laser Centre

Transportation ·         Suman Nagar Metro Station

·         BSNL Metro Station

Shopping Centres ·         K Star Mall

·         Cubic Mall

·         Rupam Shopping Centre



Goregaon – The Business Center for Your Mumbai Real Estate Investment

One of the most well-known business districts is Goregaon, which is located between the neighbourhoods of Andheri and Malad. There are a number of residential and commercial complexes in Goregaon West. Despite slightly higher rates than other areas, the neighbourhood is a great option for Mumbai real estate investment. The neighbourhood has all the amenities of today and is close to a bus stop, an airport, and a train station.


Property Rates in Goregaon

Locality Type of Property Average Sale Price

(Rs/square feet)

Goregaon Apartment Rs 18,604
House Rs 13,271

Facilities in Goregaon


Facilities Names
Educational Institutes ·         Vivek Vidyalaya Junior College

·         Yashodham High School

·         Lakshya Prep School & Junior College

Hospitals ·         SRV Hospital

·         Kapadia Multispeciality Hospital

·         Radha Krishna Hospital

·         Oyster Hospital

Transportation ·         Chhatrapati Shivaji Maharaj International Airport

·         Goregaon Train Station

·         Goregaon West Metro Station

Shopping Centres ·         Oberoi Mall

·         Gokuldham Shopping Centre

·         City Centre Mall



Mira Road: Excellent Infrastructure for Mumbai Real Estate Investment

Mira Road has become one of the best places to invest in Mumbai over the past few years. With outstanding infrastructure, seamless connectivity to other areas, and numerous residential complexes, the area has advanced in every way. The distance between Mira Road and other areas of Mumbai will be covered in a great deal less time thanks to an upcoming metro project.


Property Rates in Mira Road

Locality Type of Property Average Sale Price

(Rs/square feet)

Mira Road Apartment Rs 8,756


Facilities in Mira Road

Facilities Names
Educational Institutes ·         Seven Square Academy

·         Rahul International School

·         U.S. Ostwal English Academy

·         Mount Carmel School

Hospitals ·         Karuna Multispeciality Hospital

·         Gurukirpa Hospital

Transportation ·         Mira Road Railway Station

·         Silver Park Bus Station

Shopping Centres ·         Maxus Mall

·         Rassaz Shopping Mall


Virar – Top Location for Real Estate Investment in Mumbai

For anyone looking to invest in affordable real estate in Mumbai, Virar is a fantastic alternative. Since the Virar Municipal Corporation was founded, the area’s infrastructure development has increased dramatically. The neighbourhood now has all the best amenities, including luscious parks, gyms, top-notch schools, hospitals, and much more. It is also well connected to the Western Express Highway and the Virar Railway Station, making it simple for you to invest in Mumbai.



Property Rates in Virar

Locality Type of Property Average Sale Price

(Rs/square feet)

Virar Apartment Rs 5,410
House Rs 4,820


Facilities in Virar

Facilities Names
Educational Institutes ·         Old Viva College

·         John XXIII High School

·         Rustomjee Cambridge International High School

Hospitals ·         Platinum Hospital

·         Vasai Virar City Municipal Hospital

·         Golden Park Hospital

·         Gurukul Pride International School

Transportation ·         Vasai Railway Station

·         Vasai Road Train Station

Shopping Centres ·         Viva Swastik Mall

·         Dattani Square Mall


Kharghar – Mumbai’s Best Areas for Real Estate Investment

One of Navi Mumbai’s best investment opportunities is this one. The best-known features of Kharghar are its developed infrastructure, wide roads, and public parks. In comparison to many other localities, the prices in the area are quite reasonable. Via roads and railroad lines, it is easy and quick to travel throughout Mumbai.



Property Rates in Kharghar

Locality Type of Property Average Sale Price

(Rs/square feet)

Kharghar Apartment Rs 9,505


Facilities in Kharghar

Facilities Names
Educational Institutes ·         Ramsheth Thakur Public School

·         Podar Jumbo Kids

·         K.P.C English High School

·         Satyagraha College

Hospitals ·         Kharghar Medicity Hospital

·         Motherhood Hospital

·         Om Navjeevan Hospital

·         MITR hospital

Transportation ·         Kharghar Metro Station

·         Kharghar Sector 34 Metro Station

·         Kharghar Railway Station

Shopping Centres ·         Little World Mall

·         Prime Mall

·         Chandra Mall





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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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