Skip to main content

Luxury Homes In Mumbai

Luxury is never affordable and to rise above the commoners, one’s status needs to be defined by owning commodities that are defined as luxury. Mumbai is one of the most prominent states in the world for real estate market, living here is expensive but owning a property here now that’s a luxury not everyone can afford. Worli-the hub of luxury apartments Luxury homes are not only defined by their cost but also defined by amenities for example residential apartment in Worli boasts of amenities such as swimming pools, fully equipped gymnasium, modular kitchens, spectacular architecture and an awe-striking sea view with a swift breeze that greets you every evening. These apartments also give you ample space, a luxury that not many experience in this city. World-class lifts, ventilated parking spaces and aesthetically appealing rooftops with beautiful gardens are some of the amenities given to habitants living at residential duplex apartment in Worli . The area is accessible to ...

5 Reasons to invest in Mumbai properties

Mumbai is a giant metropolis and one of the major paradise for real estate investors in India. With the burgeoning population of the city mainly due to people migrating from other states, the demand for land and accommodation refuses to die down. Moreover, owing to the “demonetization campaign”, which was recently driven by Prime Minister Narendra Modi – the country-wide real estate market is keen to witness a major boom in the sector. The growth graph of this economy is presumed to escalate in the coming days, which will be reflected in Mumbai’s realty market as well. Housing several multi-national companies and financial institutions, the commercial hub constantly remains under investor’s radar. Moreover, the residential projects in Mumbai is an attractive avenue, even for the potential investors from abroad.

Additionally, the city-wide plans of redevelopment draw new investment opportunities by offering benefits like - affordability and good connectivity. Listed below are five most essential reasons, which makes the real estate properties in Mumbai unquestionably worth to invest in:
1 High Return on Investment (ROI): Impending investors seek for reasonable investment alternatives, which would give them huge benefits in the future. Locations including Chembur, Mulund, Wadala, and Bandra are gradually establishing its strong grip on the real estate market, as they endure to develop and pull many interested parties. Sitting in the second spot amongst the list of top urban agglomerations in the world after Tokyo - the city grants a huge scope for a high Return on Investment (ROI). Moreover, relaxation of the stringent laws complying with Foreign Direct Investment (FDI) has received a massive support from offshore investors as well.
2 Top-end Infrastructure: The key locations of the city encompass thousands of square feet of giant residential and commercial properties offering best-in-class amenities. In addition, the properties which are in the phase of development are deemed to benefit the city-dwellers after completion. The enhanced focus on infrastructural development, therefore, has increased the quality of living for the people in Mumbai. Multiple infrastructure projects, primarily the Chembur-Wadala monorail, and the Eastern Freeway are exemplary of growth.
3 High-end connectivity & accessibility: Again, the Chembur-Wadala monorail is the biggest example in the city for enhanced connectivity project. The real estate properties in Wadala has almost doubled in recent years due to its close-proximity to the Bandra-Kurla Complex (BKC). In the face of rapid changes taking place in the city, the jam-packed roads and narrow lanes have become a scenario of the past. Now, Mumbai provides excellent connectivity by the means of broadened highways, roads, and railways to day-to-day commuters. The distance has significantly reduced with the introduction of Metro in Mumbai, covering the distance between Ghatkopar and Versova.
4 Employment and business opportunities: The commercial boundaries of the city have extended its arm ahead of South Mumbai, as the employment opportunities has grown over the years. Increase in employment and business prospects has played a key role in enhancing residential real estate, apart from other than areas including BKC, Kanjurmarg on the Central Line. Moreover, with its immediate proximity to Vikhroli and Powai, Kanjurmarg has emerged as a preferred site for business and residential complexes alike. Development of business parks, IT hubs, SEZs and MIDC industrial areas offers better career opportunities.
5 Affordable housing - an upcoming trend: With the direct correlation of ever-growing business and commercial areas, the residential properties in such locations are beyond the affordability of a common man. Although, recent developments in the current government’s regime has given a ray of hope to people with the introduction of the concept of affordable housing. However, the newer and lesser populated parts of the city (like Navi Mumbai) have become a prime focus by giving more impetus to the cause.
The Trees, an upcoming flagship project of Godrej Properties has established the concept of quality living in Mumbai. With the intention to interweave the idea of culture, technology, history, and landscape – buyers are assumed to make every penny count of their invested money. Moreover, with the ongoing monetization campaign infused in our economy by the existing government, the process of litigation and buying a property is mostly likely to become easier.

Mumbai, which is also denoted as the ‘New York of India’ has enormous opportunities in store. The city offers a home away from home for people, who have migrated from different parts of the country. The real estate development in Mumbai is awaiting major positive changes in the sector.

Comments

Total Pageviews

Popular posts from this blog

Andheri offers some of the best office spaces for businesses in Mumbai

Over the last few years, the number of HNI investors and corporates who are seriously looking at investing into Indian office space has increased manifold. Mumbai continues to hold its own as India's numero uno office space investment destination, with companies from all over the world unerringly zeroing in on the financial capital. In times of global economic uncertainty, investors flock to markets that have consistently proved their long-term stability and fundamentals. One of the many destinations in Mumbai, Andheri has achieved a top position in the list of desirable office spaces. Systemized local transportation system, commercial centres at the strategic locations, availability of water, electricity, etc. are some of the key factors that have increased the demand in commercial properties in Andheri , Mumbai.  Andheri - Fast developing suburb of Mumbai In the yesteryears, Andheri, known as the 'suburban district’, was absorbed by Mumbai city as greater Bombay....

Real Estate Marketing in Mumbai Shifting from Traditional to Digital

The world has witnessed a paradigm shift from traditional marketing to digital marketing in the last few decades. This transition has shown its prominence on things like email communications, web tracking, Pay Per Click (PPC), and Search Engine Optimization (SEO). Digital Marketing has emerged as one of the most effective tools in the field of marketing that is instrumental at engaging clients and generating leads. Apparently, online marketing has brought a big revolution in the real estate sector as well. The industry in India has started taking a progressive step as a part of Digital India. Suppose that you are on a look out for flats in Vikhroli and there is no specific digital media available to give you a clear picture. In this case, the search for a perfect home gets stagnant in the absence of adequate information about the property. Digital Marketing has brought a major revolution in the realty sector. The contribution of this type of marketing has helped the unorganized se...