Calling Smarts on Property Investments for Amateurs in Mumbai!

Mumbai the city of dreams is where many people come to work hard and attain their goals in life. Property in Mumbai has always been infamous for its high cost for less space. Yet many people purchase flats here as it is a city which is known to provide many opportunities to the locals and others alike. There are no biases in Mumbai if you are a person with a vision and will to work hard.  

Host of Options

Times are changing in Mumbai and as the city is getting more and more populated builders in Mumbai are constructing flats in various unexplored locations of the city whether it is 2 bhk or 1 bhk flat in Mumbai. Initially the only famous locations for purchasing flats in this city was areas of Andheri near the station, Marol in the east and posh localities like Versova, Lokhandwala in the west. It went on to other locations such as Malad, Kandivali, Jogeshwari, Goregaon in recent years. Before flats in Mumbai were cheap in these locations but now their prices are increasing too. Borivali West and east gradually started seeing an increase in real estate demand and surge in prices too. 

Locations in Mumbai such as Bandra and Churchgate are high end and expensive if you are planning to buy a flat in Mumbai here. This is because of its proximity to the sea, churches, cafes, outlets and other posh amenities. 

Smart locations for affordable housing

Builders and developers in Mumbai are now increasing in localities such as Ghatkopar, Thane and other areas in Central Mumbai. If you are looking for affordable housing, Mumbai provides a lot of good alternatives. These include Kalyan, Dombivli, Mulund and the likes. Ambernath, Thakurli, Asangaon are other cheaper options if you are willing to commute. 2 bhk flat in Mumbai are also cheap in case you are looking for the Virar-Vasai regions such as Bhayander, Naigaon, etc. Vasai and Virar regions are picturesque and have all the modern amenities such as schools, colleges, parks, hospitals and much more. 

Investment opportunities

With the increase in the working class people in the city, investing in Mumbai’s real estate is the best thing. Purchasing a 3 bhk in Mumbai and putting it on rent is a great alternative too. When you furnish a large apartment you can give it on rent to working people who are willing to accomodate together and increase your return on investment. Real estate companies in Mumbai give you many options, so make the best use of it. 

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Created on Nov 2nd 2019 12:52. Viewed 488 times.

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