The country's financial capital, Mumbai, is the epicenter of economic, industrial, and financial activities. With a population of over two crores, the Maximum City remains the land of opportunity, contributing above 6% of India’s GDP alone, which is ₹4.95 lakh crores, with an estimated 25% of industrial production, 70% of maritime trade, and 70% of capital transactions and also leading the country in income tax payments.
Each suburb has its posh pockets, some of them being the following localities.
The surrounding amenities make these places great, whether it be restaurants, clubs, bars, cinemas, scenic beauty, or infrastructure, while also making these localities extremely costly. However, with time passing, Mumbai has had a plan of action for the relatively less developed localities of the city, too, equipping them with the best facilities and ensuring overall development.
It leads to one question in most of the Mumbaikar’s minds: Which is the best area to buy a flat in Mumbai? Though this may be subjective, here are some factors to consider before purchasing a property in Mumbai, especially in the case of families.
As Mumbai looks for equal development across the city, here are some of the areas which promise exponential growth.
Located in the western suburbs, Goregaon has witnessed an exponential change in its real estate, whether commercial, residential, or social infrastructure. As the services of metro lines 2A and 7 commence, commuting is only about to get easier, increasing the housing demand and making it an attractive destination for investment.
Here are some upcoming luxury residential real estate flats offering 1BHK, 2BHK, and 3BHK in Goregaon.
Situated in the central part of Mumbai, Wadala has emerged as a lifesaver for those travelling to BKC, given its affordable housing. Speaking of its connectivity, it has a great mix of road and rail network with the eastern freeway, eastern express highway, monorail, and the upcoming metro 4 corridor. The locality is known for some of the most renowned educational institutions.
Are you looking to move to Wadala? Here are some exciting residential projects in the pipeline.
Once again, its vicinity to BKC and Lower Parel makes it the perfect place to invest for office goers. Its connectivity with Santa Cruz-Chembur Link Road, Eastern Freeway and Monorail services only adds to the potential of the location becoming investible.
Listed below are properties in demand.
A suburb in Andheri East, Marol has a great mix of commercial, educational, healthcare, and residential establishments. Its connectivity via the Versova-Andheri-Ghatkoper metro lines earns itself extra brownie points.
Here is a look at some of its upcoming residential properties.
Other noteworthy mentions in areas promising exponential growth include Kanjur Marg, Malad, Kurla, Chandivali, and Thakur Village.
The city's overall growth only means well for its citizens and the economy as a whole, making it a win-win situation for all.
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In the real estate dynamic, picking between a 2 BHK and a 3 BHK home is similar to organising an ensemble of ventures. Every choice presents its own unique advantages and disadvantages thereby making the choice between them a confusing task. To make your task easier, we have curated this detailed blog to help you choose between 2 BHK to 3 BHK as per your requirements. So, without further ado, let’s dive straight into the blog.
Vastu is an ancient Indian system of architecture and design that aims to create harmony between humans and nature by balancing the five elements - earth, water, fire, air and space.
Kicking off 2024 on a high, Mumbai’s real estate market is set to experience a reported 5% increase in its residential sector. Nevertheless, Premium properties continue to be a huge draw among homebuyers, courtesy of an increased standard of living among Mumbaikars. Flats in the commercial capital come in all shapes and sizes, from studios to affluent penthouses.