Top Five Locations To Invest In Mumbai

Bombay is another name for the Indian city of Mumbai, which is located in the state of Maharashtra. Mumbai is both the most populous city in India and the state capital of Maharashtra. Mumbai is rank fourth among the world’s cities in terms of population. One of India’s most well-known harbours is located in the city of Mumbai, which is situated on the country’s west coast and faces the Arabian Sea.

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The city’s economy is exceptionally strong compared to other Indian cities, and it has South Asia’s highest gross domestic production rate. Mumbai is regard as the commercial capital of India and is among the top 10 commercial hubs in the world in terms of international money flow.

Many of India’s well-known financial institutions, including the National Stock Exchange of India, the Bombay Stock Exchange, the Reserve Bank of India, and the head offices of well-known domestic and international businesses, are located in Mumbai. Mumbai and its surrounding areas are the primary locations for the production of Bollywood movies & Marathi films. Mumbai frequently sees residents from all regions and cultures of India.


About real estate market value

Every neighbourhood in Mumbai has a different real estate market value dependent on the amenities and infrastructure available. However, for a variety of reasons, certain areas of the city have become more popular with homebuyers throughout the years. The mega-metropolis of Mumbai is frequently consider by people looking for a property.

But with so many alternatives, it can be difficult to pick a place that offers the ideal balance of price, amenities, infrastructure, and connectivity.  Among others, these are located in Kandivali East, Goregaon East, Andheri West, Mulund, and Chembur. Let’s find out what makes these neighbourhoods Mumbai’s most sought-after markets.


Top 5 Locations in mumbai to invest in real estate

Mumbai , Andheri West

Rs 26,600/sq. ft. is the average price of a property.

Andheri West is a developed neighbourhood with decent connectivity, close proximity to employment centres, and sound infrastructure. The neighbourhood, which includes several cooperative housing organizations and multi-story apartment buildings, is well-like by its residents. In Andheri West, a two-bedroom property typically rents for roughly Rs 56,000 per month. 2 BHK houses make up more than 40% of the housing stock that is now for sale, with prices for these homes ranging from Rs 50 lakh to Rs 2 crore. That the area is “well-connected” from all directions and contains “several respect educational establishments” and “hospitals.” Reviewers have also given “safety and lifestyle” excellent marks.


Mumbai, Malad East

Rs 19,200/sq. ft. is the average price of a property.

One of the important neighbourhoods on the Western Suburban Line before Andheri is Malad East. Professionals who work in the Andheri-Borivali area tend to favour the area, which has developed into a mid-segment market. Within an 18 km radius, some well-known business giants have offices in Bandra-Kurla Complex (BKC) and Andheri East. Further simplifying the trip will be the projected Harbour Line extension. Which will increase the number of local trains in Malad. Properties in Malad East, a bustling retail district, start at Rs 19,200 per square foot, and monthly rents there begin at Rs 20,000.


Mumbai, Vile Parle East

Rs 33,100/sq. ft. is the average price of a property.

Vile Parle East, one of Mumbai’s upscale neighbourhoods, exudes sophistication and elegance. It offers both residential & commercial buildings, the former of which includes a decent mixture of homes for those of high and middle incomes. 1 BHK apartments have been the most popular among purchasers in Vile Parle East during the past six months. Renting a property in Vile Parle East starts at Rs 36,000 per month. And significant job centres in Andheri, Santacruz, and Kalina are all within 10 miles of the neighbourhood. Over 90% of the inventory in the area is made up of multi-story apartments. Here, buy rates have risen by about 2% during the previous five years.


Mumbai, Chembur

Rs 20,800/sq. ft. is the average price of a property.

Chembur is a residential and business district in East Mumbai. The region is generally divided into several colonies, with 2 BHK being the most popular layout, including Yashwant Nagar, Siddharth Colony, Tata Colony, & Rahul Nagar. It is surround by Govandi to the east, Trombay to the south, Ghatkopar to the north, BKC to the west, and Sion to the east. It is a popular place in Mumbai because it is 8 to 10 kilometres from BKC and Lower Parel.  The neighbourhood has received a 4.4 out of 5 rating from previous and current residents for a variety of factors, including connectedness, safety, vegetation, and lifestyle.


Mumbai, Bhandup

Rs 18,300/sq. ft. is the average price of a property.

The Mumbai-Agra Highway divides the expanding Bhandup neighbourhood in eastern Mumbai into Bhandup East and Bhandup West. Along with various commercial and industrial developments, it includes multi-story residential apartment buildings. The proximity to several textile firms, including Armaan Silk Mills and Reliance Industries Limited, among others, is what drives the demand for housing in this area. Furthermore, it is only ten kilometres away from important employment hubs including the Lodha i-Think Techno Campus, Godrej One, and Boyce Industry Estate. The neighbourhood has a large number of high-rise residential societies that are both finish and still being built. With prices averaging around Rs 18,300 per square foot. For a 2 BHK property, the typical monthly rent in Bhandup is between Rs 34,000 and 40,500.



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