Tuesday, 26 September 2017

Reasons for buying property in Mumbai

Written by Posted On Thursday, 27 October 2016 06:17

Mumbai is one of the favourite destinations for property investors for decades now. It is the ultimate destination for career aspirants who love to settle down in Mumbai. Mumbai is also the land of art and culture, a financial hub, a manufacturing hub, IT hub, Business hub and a lot more. Hence, a lot of professionals from all over India come and settle in Mumbai in search of new opportunities. The property prices in Mumbai are pretty much stable after the crisis in 2012. The market now looks promising with good returns on the investments made now. It would be a wise decision to buy property in Mumbai now. In Mumbai, the property comes in different configurations and sizes to suit the requirements of both individuals as well as families. There are properties that come in 1, 2, 3, 4 and 5 BHK configurations. The properties come as affordable flats or plots, independent houses/villas, mansions, penthouses, etc. There are all giant and small realty players who have gotten into the realty business in Mumbai. These builders are building many smart residential as well as commercial projects to cater to the needs of the growing urban population.

The houses in Mumbai specifically are designed to utilize space effectively for comfortable living. There are many giant builders who have entered the realty market in Mumbai such as Godrej, India bulls, Vatika, etc. One of the best promising property which is coming up in Thane in Mumbai is Godrej Emerald. Godrej Emerald is coming up at a great location in Mumbai and is well equipped with all modern amenities needed for a comfortable living. It is coming up amidst the beautiful Yeoor hills, Ulhas rivulet and the forests that are spread across the scenic location in Ghodbunder road in Thane. There is an excellent commercial and social infrastructure around to support luxurious living. The starting price of this project is Rs. 71 lakhs and it goes up to Rs. 1.45 crores.

Another hot property to look at in Mumbai is Kalpataru Immensa . It is also a modern residential property that has been built on the guidelines of smart projects which are well equipped. There are many such options to choose from in Mumbai. Mumbai, being overcrowded with influx of population all over, the suburbs are being developed to accommodate the growing population of Mumbai. It is indeed the financial capital of India; hence a lot of business happens on this land, inviting further development and prosperity. There are many shopping malls, best of the eateries, restaurants, hotels, lounges, pubs, bars, entertainment parks, finest schools and educational institutes, research institutes, etc. are coming up in Mumbai. The people are looking forward to settle in a place that is advancing and developing fast in view of availing the advanced facilities.

 

There are many builders that are coming up with properties at reasonable prices. Looking at the property market currently in Mumbai, the property prices are expected to rise further and hence it would be profitable to make an investment right now.

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