Mumbai is the quintessential City of Dreams. Hundreds of thousands of people move here each year from across the country in their quest to find quality education, employment opportunities, and a comfortable lifestyle. And they are inspired by the sheer vibrancy, the indefatigable zest of this city to aim for larger-than-life goals. Wealth, luxury, sophistication, and charm - that is what every Mumbaikar looks for, and that has fuelled a burgeoning demand for luxury residential apartments in the city.
The post-pandemic real estate market of Mumbai has risen with a vigour that is surprising to both economists and industry experts. According to a recent news report, the demand for luxury homes in the city breached the INR 11,400 crore mark in the first half of 2023. The report further says that the growth of luxury homes in the primary market increased by nearly 50 per cent over the same six-month period in 2022.
Plush apartments in Mumbai are more than just a preening point for the rich and the famous. With the rise of the urban middle class, they are a lifestyle choice. Young professionals, entrepreneurs, and socialites are increasingly travelling abroad and want the same level of convenience and luxury back home. Mumbai’s developers quickly plug this demand by offering world-class amenities and aesthetically appealing designs in their residential projects. More importantly, luxury residences are now being sought out for their value as assets and phenomenal ROI potential. The Indian real estate sector is expected to grow to USD 1 trillion by 2030, and homebuyers are looking at asset appreciation as one of the incredible benefits of such expansion. Meanwhile, the symphony of style and comfort is what makes life beautiful.
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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.