<p>Despite the real estate prices expected to increase by an estimated 8% this year, the demand for those wanting to indulge in luxury living only increases. The rise in disposable income and purchasing power of the middle class has led to a significant increase in the standard of living, especially for people living in metros like Mumbai, Delhi, Chennai, Bengaluru, and Kolkata. Global exposure has coaxed developers into providing the latest amenities.</p>

<p>India&#39;s financial capital Mumbai expects a 3% growth in the premium and real estate luxury segment this year. Some of the reasons for this bump could be the following.</p>

<ul>
	<li>Growing Economy&nbsp;</li>
	<li>International Influence</li>
	<li>Increase Investment Opportunities&nbsp;</li>
	<li>World-Class Amenities</li>
	<li>The Rapid Development in MMR</li>
</ul>

<p>Today, top real estate developers are more focused on bringing comfort into the lives of their buyers, no matter if it is a studio apartment, 1BHK, 2BHK, 3BHK, and so on. &nbsp;A flat&#39;s size or carpet area is no longer a criterion to define luxury living, given land continues to be a constraint in the Populous City. Micro living is the latest fad in the life of the Mumbaikars, with studio apartments witnessing an upward tick, especially among the younger generations.</p>

<ul>
	<li>Better Affordability</li>
	<li>Access to Premium Locations</li>
	<li>Better Connectivity and Social Infrastructure</li>
</ul>

<p>Though the pandemic affected the demand for studio apartments, things are getting back on track as per the latest forecasts.</p>

<h2>With the real estate market expected to touch ₹13,00,000 crores, let&#39;s look at some of the <a href="https://blox.xyz/blog/5-things-that-make-luxury-apartments-in-mumbai-stand-apart">luxury apartments in Mumbai</a> worth your investment in 2023.&nbsp;</h2>

<h3><strong>1. VKG Park Estate</strong></h3>

<p>Established in 2001, the Vijay Ketan Group has been making waves in commercial and residential real estate, for example, hospitality, malls, etc. Nonetheless, the decade-old company has an exciting project in the pipeline named VKG Park Estate.&nbsp;<br />
Located in Andheri East, here are some of its key features.</p>

<ul>
	<li>Offering 2BHK, 3BHK</li>
	<li>Price Range: ₹1.85 Cr - ₹ 3.65 Cr</li>
	<li>Average Price: ₹27,773/ sq.ft&nbsp;</li>
	<li>Estimated Completion Date: December 2025</li>
</ul>

<h3><strong>2. <a href="https://blox.xyz/projects/passcode-big-life">Passcode Big Life</a></strong></h3>

<p>Under the Shreeji Group, with a tagline stating Larger Than Life. Here is a look at one of its upcoming projects named Passcode Big Life, located in Malad West.</p>

<ul>
	<li>Offering 2BHK, 3BHK</li>
	<li>Price Range: ₹1.55 Cr - ₹2.34 Cr</li>
	<li>Average Price: ₹21,145/ sq.ft&nbsp;</li>
	<li>Estimated Completion Date: March 2026</li>
</ul>

<h3><strong>3. The Orchid&nbsp;</strong></h3>

<p>Under the developers Rudani Realty, The Orchid is an upcoming residential property in Mulund West.</p>

<ul>
	<li>Offering 3BHK</li>
	<li>Price Range: ₹2.62 Cr onwards</li>
	<li>Average Price: ₹23,000/ sq.ft&nbsp;</li>
	<li>Estimated Completion Date: March 2026</li>
</ul>

<h3><strong>4. <a href="https://blox.xyz/projects/rustomjee-paramount">Rustomjee Paramount</a></strong></h3>

<p>Founded in 1996 under Shri Boman Rustom Irani, Rustomjee is one of Mumbai&#39;s premium real estate developers. Here is a look at their latest offering in Khar West, Rustomjee Paramount.</p>

<ul>
	<li>Offering 2BHK, 3BHK</li>
	<li>Price Range: ₹12.83 Cr onwards</li>
	<li>Average Price: ₹45,000/ sq.ft&nbsp;</li>
	<li>Estimated Completion Date: December 2025</li>
</ul>

<h3><strong>5. <a href="https://blox.xyz/projects/godrej-urban-park">Godrej Urban Park&nbsp;</a></strong></h3>

<p>Headquartered in Mumbai and a subsidiary of Godrej Industries Ltd, Godrej Properties was founded in 1990 under the leadership of Shri Adi Godrej. The real estate giant has a promising project coming up in Chandivali named Godrej Union Park.</p>

<ul>
	<li>Offering 1BHK, 2BHK, 3BHK</li>
	<li>Price Range: ₹1.4 Cr - ₹ 2.94 Cr</li>
	<li>Average Price: ₹32,500/ sq.ft&nbsp;</li>
	<li>Estimated Completion Date: March 2026</li>
</ul>

<p>Currently under construction, 2023 is the perfect time to invest in these properties as their prices will continue to soar over time.</p>

<p>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&rsquo;s dive straight into the blog.</p>

<p>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.</p>

<p><br />
&nbsp;</p>

<p>Kicking off 2024 on a high, Mumbai&rsquo;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.</p>

Despite the real estate prices expected to increase by an estimated 8% this year, the demand for those wanting to indulge in luxury living only increases.