Where to buy properties in Mumbai?

Where to buy properties in Mumbai?

Several large and small scale real estate developers have purchased land parcels within the primary influence zone of infrastructure projects. For example, several developers have recently launched their projects in Ulwe which is near to the newly planned international airport. The residential rates in Ulwe have seen a CAGR growth rate of around 20 per cent between 2010 to Q1 2014. Developers who currently have residential projects in include Integrated Spaces Ltd., Kaamdhenu realtors, Lakhani developers, Paradise group, Neel Siddhi developers etc. Similarly, the region where the proposed Metro phase 1 route between Belapur to Pendhar and the Phase 2 route which extends till Khandeshwar has also witnessed several residential projects.
Residential prices in the Panvel, Uran, Taloje, Kamothe region ranges between Rs 4,000 to Rs 6,500 per sq.ft. The residential prices in these locations have seen a compounded average growth rate of around 12 per cent between 2010 to 2013. With the several upcoming infrastructure developments, the prices in these nodes are expected to be in the range of Rs 7,000-Rs 9,000 over the next 3-4 years.

Also, with the inclusion of 270 villages within the Navi Mumbai Airport Influence Area (NAINA) and the new development regulations being developed by CIDCO for these locations, the capital values is also set to witness significant growth over the next 3-5 years’ time frame. Some of the other upcoming residential locations such as, Kalamboli, Taloja, Navade, Nilaje, Vasai-Panvel belt have also witnessed significant residential developments in recent times.

Following are the upcoming nodes in the region:

DRONAGIRI: Planned as one of the largest node by CIDCO on an area of 2,592 hectares, this node has dedicated warehousing and industrial zones. Located to the south of JNPT, this location is ideal for port-based activities. There are several residential developments that cater to the employees of ports and other industrial hubs. 

PANVEL: Panvel is an important upcoming node with most of its villages falling within the NAINA. Several new residential projects in New Panvel have come up in locations such as Adai, Sukhapur, Vichumbe, Usarli etc. Residential developments have also commenced along the Matheran and Bhimashankar road which is expected to be widened in the near future. The main feature of this node is Konkan Railway, which has connected New Panvel to other states of India. The current residential rates are in the range of Rs 4,000-Rs 6,500 per sq.ft. ULWE: The development and maintenance of Ulwe is being undertaken by CIDCO. The proposed international airport site planned near Ulwe has had shown its impact on the residential and land rates as far as 5-10 km radius of the upcoming airport site. The current residential rates are range between Rs 5,000-Rs 7,000 per sq.ft. 

Let’s explore the reputed builders with best commercial properties in Mumbai and know more about them.
Integrated Spaces Ltd. has been enriching the suburbs of Mumbai with spaces since 25 years. The economy of the city has evolved, the consumer base has grown and the dynamics of the real estate business are changing faster than ever. Like always, they are committed to understand the new buyer and develop spaces that will make lives richer. As the middle income group seeks effective housing solutions, they are delivering spaces that create more fulfilling lifestyles for them.

Being the proud owner of best commercial properties in Mumbai, with every project, they aspire to create spaces that are functionally and aesthetically sound, even after decades. 
Take just one look at these luxurious houses nestled in the spectacular environs and you will surely agree that Integrated Spaces Ltd. Is the best place to buy commercial properties in Mumbai.