Mumbai, A Heaven For The Best Residential Properties

The prices of properties in the city of Mumbai have gone beyond the reach of common man. Only people who are well off and those who can afford the hefty home loans and now days own a property in the financial capital of India.

While there are costly and high end properties, hope is not lost for those home buyers who are on a tight budget. There are indeed a number of affordable residential projects in Mumbai in some of the best localities of Mumbai and these are indeed the answer to all your prayers of owing your dream home.

There is a huge demand for the residential projects in Mumbai that are available at affordable prices. Such demand is also seen in the locality of Navi Mumbai. There are a number of factors which are indeed driving people to this area. With infrastructure being the key, good connectivity to Mumbai as well as Pune by rail and road is another advantage.

There are also a number of projects coming up in these areas and the enthusiasm increases in home buyers as well as realtors with every upcoming project. Another important reasons as to why people are choosing properties in Navi Mumbai is due to the presence of a number of companies and the existence of SEZs and IT parks and a god number of property buyers in Mumbai are indeed from the working class. 

Some of the localities from Navi Mumbai have properties starting from the price range of Rs. 4000 per sft. The price again depends on various factors and can change from project to project. Some of the emerging areas in Mumbai are Ulwe, Mira Road, Taloje, Panvel and Kharghar. These are some areas where one can find properties at the best prices.

Some of these above mentioned areas have seen an appreciation of prices of 40% to 80 % in the past few years and as per the real estate experts, the trend is to continue for the coming years.

If you are a home seeker or an investor, do not think twice to invest in some of the best and the affordable properties in Mumbai.