Best Places for Real Estate Investment in MumbaiMumbai is the city of dreams where almost every Indian dreams of living. Historically, Mumbai was just an archipelago of seven islands but now it is the financial capital of the country and a sprawling metropolitan. The rate at which the city of Mumbai is expanding is humongous and it created a huge demand in the real-estate sector.
With the passage of time, many mega residential projects in Mumbai were launched to meet the rising demand of homes. This increasing rise in the demand of properties have made Mumbai as one the world’s most expensive property markets. Therefore, it can certainly be termed as the best and most profitable place for real estate investment in India. This is the city where any piece of land can turn into gold with the passage of time.
Best Locations for Real Estate Investment in Mumbai:
If you are looking to invest in Mumbai’s real estate market, here are some of the most promising locations that you should consider. However, before you buy any property ensure that the real estate company is well-reputed and trustworthy.
South Mumbai:
South Mumbai is one of the most expensive localities of Mumbai. Some of India’s most eminent business tycoons like Ambani, Tata, Gores etc. reside here making it famous globally. It is a famous real estate investment location in Mumbai where NRIs own most of the properties.
Juhu:
Juhu is the Beverly Hills of India as most of the Bollywood celebrities live here. This place is one of those prime locations in Mumbai where everyone desires to own a home. Bollywood isn’t the only attraction here. The beach of Juhu is another reason why people crave for this neighbourhood.
Juhu has one of most pristine beaches that you can find in the whole of Mumbai. So, if you want to own a property in one of the most prominent places of Mumbai, then Juhu is perfect for you.
Lower Parel:
It is the corporate hub of the city as the offices and headquarters of many MNCs are located here. Lower Parel is one of those places in Mumbai where there’s always shortage of properties as the demand is quite high. Therefore, if you invest in a flat or apartment here, you are bound to get a good return.
Worli:
Worli lies in the centre of Mumbai and offers you one of the central localities of Mumbai where you can invest. If you want to own a place with one of the most mesmerizing skylines that you can find anywhere in Mumbai then Worli is the place. You can find the most picturesque skyline here too with facing the sea.
Andheri:
Andheri is another highly developed neighbourhood of Mumbai where the demand of property is quite high. Both zones of Andheri east and west have a huge potential to give profit as the demand of properties is always high.
Mulund:
Lying at the foothills of Sanjay Gandhi National Park, Mulund is one of the oldest suburbs of Mumbai. It has a true balance of Commercial and Residential development along with all the social and civic facilities that you need. This complete package makes Mulund one of the most sought-after neighbourhoods in Mumbai, offering high profitability in properties.
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