Are you looking for a place to invest in some flats for sale in Mumbai but don’t know where to look? If the answer to this question is yes, you have come to the right place.
Mumbai is the land of opportunities and investing in the property sector here is always good because of profitable returns. However, the location of your property plays a vital role in determining its potential price growth. As a result, most of the people investing in Mumbai’s real estate do thorough research before making any purchase.
In this post, we have compiled a list of some of the most promising areas in Mumbai that are bound to give handsome returns.
Let’s have a look at them:
Andheri is an excellent area in Mumbai if you are looking for a high yielding investment opportunity. Because of immense industrialization here and the area enjoying close connectivity with other job-hubs like Jogeshwari, Goregaon, Malad Creek & BMC Road, Andheri has become a booming residential hub. Moreover, it also enjoys superb and fast connectivity with other suburbs of Mumbai because of Mumbai Metro.
Like every year, in 2020 too BKC is among the top real estate investment sites in Mumbai. The Bandra Kurla Complex has always been one of the most sought-after areas in Mumbai. Because of its close approach to the airport and strategic connectivity with the rest of Mumbai, the Maharashtra government has been promoting it as a finance center for quite some time. There are many excellent residential as well as commercial projects here in which you can invest for long term benefits.
Mulund is among one of the poshest areas of Mumbai. This old neighborhood lies in the northeastern part of the city. This area is known for its amazing connectivity with the rest of Mumbai. Being one of the oldest planned societies in Mumbai, Mulund offers some of the most luxurious residential options available to its residents. Many people look forward to residing in one of the lavish 2 BHK flats in Mulund where they can enjoy state-of-the-art facilities. Other than this, the residents of Mulund also get to enjoy the refreshing surroundings of Yogi Hills.
The area of kanjurmarg is located near the region of East-Central Mumbai. Initially, it was developed as a business sector IIT Bombay, KV Powai & NITIE. But now it is emerging as a potent real estate market. This is the area that serves as the link between eastern and western highways. Because of its well-planned development, it is becoming a hot favorite among real estate investors. If you are looking for a place that has the potential of good returns within a short span of time, then Kanjurmarg is perfect for you.
Powai is another ravish locality in Central Mumbai, situated in the surroundings of the Powai Lake. This area is nestled between LBS Marg in the northeast, Sanjay Gandhi Park in the north, Vikhroli Parks in Southeast and Chandivali in the southwest. It is like a picturesque English neighbourhood where living is indeed a privilege. There are many prestigious schools and colleges here as well as offices of major Multinational Corporations. Additionally, it is also well-connected with the rest of the city via a good road and railway network.
Thane is one of the most favorite suburbs among Mumbaikars because of its close proximity to the main city. It is present at a commute of only 29 minutes from the main city. Other than the short distance, Thanites get to enjoy all facilities that people living in Mumbai have access to. There are many big developers constructing megaprojects in Thane like Hiranandani Solitaire Studio apartment, Piramal Vaikunth, etc. The majority of the Mumbaikars are relocating to Thane because of the lush green and serene surroundings.
The area of Virar near Mulund, in Western Mumbai, is also a high demanding area among first-time homebuyers. People who are searching for 2 BHK flats for sale in Mulund West area can easily buy one in Virar. Apart from pocket-friendly prices this area also has an abundance of civic facilities such as schools, colleges, retail outlets, and health care centers. Moreover, it also enjoys good connectivity with other parts of Mumbai through roads as well as railways.