buy Property in Mumbai

Even though it is one of the most expensive cities in the world, the number of people in Mumbai wishing to buy a house or invest in real estate is on the rise. Mumbai is self-sufficient while being an emerging city and there are many potential areas available for investment. This blog covers the best areas that can be taken into account while doing property investments in Mumbai, where Dream Location can find you the ideal space for your business.

Why Invest in Mumbai Real Estate?

Mumbai’s property market has an array of options available. These range from the ever-expanding residential requirements to the bustling commercial spaces. The demand for resale properties is also expected to be high as these properties have better social infrastructure, good connectivity, and have several new initiatives in the pipeline. There is potential of high returns in the future if one is to invest in these areas.

Covid has depressed the real estate sector and recent trends show that that there is fuelling demand for property in Mumbai. And there are lots of indicators suggesting that demand will continue to be positive. Investing in this neo-capital of India is highly promising and with Dream Location understand how the system can work for you.

Top Locations to Invest in Real Estate in Mumbai

  1. Mahalaxmi

Mahalaxmi is hailed as one of the wealthiest regions in Mumbai, characterized by its extravagant real estate prospects. Being positioned in southMumbai, mahalaxmi serves good business and entertainment locations. For real estate investors eyeing luxurious spaces, this is a suitable location making it one of the 

Top 5 Localities to Buy Property in Mumbai.

Some of the prominent projects in this area include:

  • Godrej Eleven Avenue
  • Lodha Bellevue
  • Piramal Mahalaxmi
  • Raheja Vivarea

Mahalaxmi is characterized by its rich history, modern facilities and lifestyle, and there are properties dream location can guarantee decent amount of returns.

  1. Kandivali

Kandivali, situated towards the northern part of Mumbai, is slowly emerging as an independently managed suburb. Given its reputation for good schools, healthcare facilities, and an active community, Kandivali is considered one of the brightest micro-markets for property investing within Mumbai.

Key projects in Kandivali include:

  • Lodha Woods
  • Godrej Bliss
  • Shapoorji Pallonji Sarova
  • Hiranandani Heritage
  • Kalpataru Vienta

Kandivali is well positioned, near business hubs of Andheri and Goregaon, making it an ideal region for residents as well investors.

  1. Dombivli

With low-cost housing facilities and a developing infrastructure, Dombivli is fast becoming a hotspot for real estate investment. Much development has taken place in this area as developers are investing a great deal of resources in it.

Some of the good properties in Dombivli are:

  • Oberoi Three Sixty
  • Omkar 1973

Due to the increasing demand for land in this region and the price-stability accompanying excellent transport links, the future is bright for property investors in Dombivli.

  1. Worli

Worli is no doubt a beautiful suburb, providing the best of both worlds – the sea and the city, Overlooking the Arabian Sea, Worli boasts of exquisite residential structures and several commercial properties. With the Worli Sea Link and major highways nearby, this region is becoming one of the most attractive for real estate investment.

A Few popular developments in Worli include:

  • Lodha Adrina
  • Birla Niyaara
  • Sugee Marina Bay
  • Lodha The Park

Given the favorable conditions in Worli, there are countless opportunities for various real estate investments around the area.

  1. Thane

Thane has become quite a popular area to live in because it is desirable for families looking for a calm and tranquil atmosphere while still being within reach of the developments in Mumbai. The region is well developed with schools, hospitals, shopping malls, and parks, and therefore appealed to many property buyers.

Some of the significant properties in Thane include:

  • Lodha Amara
  • Hiranandani Estate
  • Wadhwa Courtyard

Thane is emerging as a favorite place to invest because of its neoteric culture, key infrastructure, and parks & green spaces.

Conclusion

There are many options to suit diverse requirements when it comes to real estate in Mumbai. It can either be residential real estate or for investment purposes in the areas which are on the upward curve. In such cases, high returns can be anticipated when the investment made is at the right place.

For the people who are willing to invest in such properties, it is important to keep an eye on the location, infrastructure and market fluctuations. Dream Location helps such clients meet their target property amid the hustle and bustle of dynamic Mumbai Real Estate market. You can contact us today for guidance on finding your ideal home or investment.