Wednesday 8 May 2019

Mumbai is the most rapidly urbanized metropolitan cities in India. Since the city is the financial capital of India, it is the hub of the most expensive real estate investments. With the number of people increasing day by day in the city, the demand for housing has also skyrocketed. Based on the market demand, the investors will plan whether they want to invest in 1 bhk or 2 bhk flats. If you are an investor and is currently looking for places in Mumbai where you can invest, here is a list of some affordable locations for expanding your real estate business.

1.       Andheri
Although this place is known more as corporate hubs, Andheri is also in heavy demand as a residential area. Real estate business is booming in this area and if you are looking for a good amount of profit, think of investing in this place. This area is well connected by the metro from Versova in the East to Ghatkopar in the West.

2.      Powai
Powai is a rapidly rising urban area in east-central Mumbai. KV Powai, IIT Bombay, Hiranandani Gardens etc are located in this area making it a much in demand suburb in Mumbai. The place has an easy access to IT hubs of Vikhroli, Mahape and Airoli. Naturally this place has a large number of footfalls. Turning this place into a residential area is a profitable idea.

3.      Malad
Malad hosts the Mindspace, a massive corporate park, which means a large number of people flocking that place on a daily basis. Make life easier for them by building up a residential area just beside their office. Additionally Malad has good connectivity and infrastructure, with Western railway connecting the place to South Mumbai.

4.     Thane
Thane is also called the city of lakes as it is dotted with 35 lakes and is one of the most populated localities in Mumbai. The Central and Trans-Harbour Line Suburban Railway network connects Thane well with her suburbs. The place is slowly becoming a commercial hub as IT industries are booming in this area.

5.     Panvel
Panvel is already home to big corporate conglomerates like ONGC, Hindustan Chemicals, Larson & Turbo and many more. The New Panvel City divided into East and West is a buzzing area for real estate investments. A number of link roads and highways runs across the city making it accessible from any parts of Mumbai.

6.     Chembur
The place is close to Eastern Express Highway and the Santacruz Chembur Link Road and the office areas of Lower Parel and BKC. As a result, the area is always in demand in terms of residences.

7.     Wadala
Wadala is well connected to the rest of Mumbai through trains and also by road. Andheri, CST and Panvel is within easy reach from Wadala. Moreover, the place is developing in economic infrastructure. Naturally zones like these are always in high demands and it is a good opportunities for the real estate investors.

So, which area are you thinking of investing?


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