Mumbai’s real estate market has been booming since the last few years. From duplex flats and luxury apartments to extravagant villas and affordable housing options, there is something for every kind of homebuyer in this city. With new housing projects announced every passing day, most leading builders are accommodating the rise in demand for residential housing across Mumbai, Navi Mumbai and Thane.
Here are the top five real estate locations in Mumbai that can provide an excellent return on investment (ROI).
One of the bright spots in Mumbai, Malad offers good amenities, robust infrastructure, connectivity support and simplified living. It provides numerous affordable housing options and is closely located to the giant corporate park, Mindspace, This can be a drawing factor for professionals to own a property next to their workplace.
If you are looking to settle down in Malad, you can consider excellent townships such as Marina Enclave Malad. Marina Enclave of Gurukrupa Group offers exclusively designed residential apartments that are the epitome of simplicity and elegance.
2. Navi Mumbai
Navi Mumbai is one of the best satellite towns offering relief to the growing densification in Mumbai. The proposed Navi Mumbai Airport is now considered a major influencer for the development of the city. If you purchase a property in the area, your returns can multiply manifold if you were to sell it at a later point in time. You can consider a premium residential project such as Arihant Anshula Taloja, which is spread across 25 well-planned towers.
Worli enjoys excellent connectivity as it is placed between the commercial districts of Bandra-Kurla Complex and Nariman Point. It offers sea-facing duplex flats and luxury homes in Mumbai, which are in high demand. Given its advantageous location, Worli attracts leading builders to build luxury projects to meet the rising requirements of home seekers.
4. Lower Parel
From elite restaurants to shopping malls and clubs, Lower Parel has it all and is considered the social hub of Mumbai. Major business houses in India are located in Lower Parel, making it an attractive choice for homebuyers. Moreover, it enjoys easy accessibility to other parts of the city through western and central railways. Plus, Mumbai International Airport is just a 20-minute drive from Lower Parel. All these factors add up to make Lower Parel a much sought-after real estate location.
Thane is touted to be one of the busiest suburbs of Mumbai, easily connected to neighbouring suburbs via the Trans-Harbour and Central railroad framework. It is a commercial hub with an ever-increasing network of IT companies launching their businesses in the locality. Along with this, Thane enjoys world-class infrastructure with facilities like schools, shopping malls, hospitals, etc. that you can find with ease. The upcoming metro line 4 from Wadala to Kasarvdavali is also said to influence the prices of Thane properties.
Must Read: Why You Should Invest in Thane?
These top five locations in Mumbai have some premium residential housing projects that can provide you with a good ROI. If you are looking to settle down in Malad, you can consider a property like Marina Enclave Malad. Marina Enclave comprises of 1, 2 and 3 BHK flats in Mumbai offering a luxurious and prestigious experience of resort life.
If you need financial assistance to invest in real estate Mumbai, you can avail home loan at lowest interest rates from Bajaj Housing Finance Limited. It offers home loans up to Rs. 3.5 crores on easy EMIs.