Wednesday, 6 September 2017

Real Estate Areas that Guarantee Best Returns on Investment in Mumbai

Owing to it epic proportions, Mumbai is one mega city which has grown by leaps and bounds. Development here is taking place in almost all real estate sectors. The property prices here are increasing due to the tremendous economic boom. Mumbai is home to some of the richest individuals in the country.
Real estate Mumbai is witnessing a boom and there is huge demand for buying house in Mumbai whose prices exceed the Rs. 1 crore mark. If you wish to buy flats in Mumbai, you may consider these top 8 locations for real estate investment in Mumbai

Top Locations to buy Property in Mumbai 

 

  1. Kharghar, Navi Mumbai: If you are looking for the most developed and well planned sectors, Kharghar is the best choice. Developed by the CIDCO, Kharghar holds around 45 sectors that are extremely developed and organized in terms of infrastructure. The employment opportunities are also increasing due to the development of commercial and industrial zones here. The place also enjoys good connectivity to Thane.

  1. Chembur: Located in the eastern region of Mumbai, Chembur has seen huge infrastructural development. It is located close to the South Western Suburbs and also the Central Region. Due to SCLR, Chembur enjoys great connectivity. Lower Parel and BKC are located at a distance of 10-12 kms from the locality.

  1. Mulund: Mulund is a leading cosmopolitan suburb in Mumbai which has several malls and extremely well planned commercial and residential complexes. Owing to the rising demand for properties, the growth centre has now shifted towards Mulund.

  1. Dahisar: Dahisar is located close to areas such as Malad, Thane, Andheri and Goregaon and is connected via the Western Express Highway. It boasts of good connectivity to commercial establishments of Thane and Andheri. The rates of properties in Dahisar are also reasonable. Real estate Mumbai investments here are sure to give heavy returns.

  1. Panvel: Panvel has almost become the heart of New Bombay. It is well planned and fabulously connected to both Mumbai and Pune through the Expressway. You may consider investing here since property prices are sure to rise in the future.

  1. Virar-Vasai: This region bears testimony to the fact that the Mumbai real estate market is still flourishing. The twin areas offer affordable commercial and residential options. Connected to the main Mumbai city via Western Railway Line and WEH, the internal connectivity has also greatly improved here. You will find here several colleges and schools and even the prices of properties are rising.
  2. Ghodbunder Road: This road in Mumbai is well connected to both western and the eastern sides of Mumbai due to WEH and EEH. The residential development also seems to have quickened in the past 5 years. Due to its proximity to main suburbs, the commercial and residential activity is growing here.

  1. Mira-Bhayander Road: This is again one of the fastest developing suburbs, enjoying excellent connectivity to western Mumbai via the Western Railway Line and the WEH. It is well connected to the airport. You will find here plenty of schools and even the infrastructure is sound.


Mumbai real estate is going to further improve as a great deal of development of new residential projects in Mumbai as well as commercial development is taking place in regions like these.

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