Why Mumbai is glinting with many luxury property investments opportunities?

For many obvious reasons, living in Mumbai is itself a luxury. A good ratio of the population does find it to be more rewarding to enjoy an upscale lifestyle in other cities. But the fact that Mumbai is the city to enjoy ultimate luxury is what is favoured by the majority of Indian population. This point can also be given credence by a good number of NRIs abroad (maybe in the form of a nod or a muttery “yeeaah”).                                                                                                                                                                                                                                                                                                                                                                     

But it isn’t only materialistic and comfort reasons that has led to Mumbai’s placement on a high pedestal. There are development and infrastructural based facts that prove that the city is highly capable of catering to a cushy lifestyle.

There are many luxury properties in Mumbai whose addresses don’t only boast luxury’s finest within its four walls but also outside it. Great connectivity, amenities that can make one feel like they’re on vacation, interiors by renowned are some of the factors by which an expensive home can be spotted. Of course it’s not to say that economical residences don’t enjoy the convenience of good connectivity, but from a roadside vendor to a 4 BHK owner, anyone will agree that a home that’s just a little over 15 mins from Mahalaxmi race course has a hefty ticket price.

Here’s a more precise focus on two of the most sough-after regions of Mumbai when it come to a high-profile lifestyle – The western suburbs and South Mumbai. This will help in the better understanding of the people who want to buy luxury flats in Mumbai.

Western suburbs –

·         Western Express Highway is an infrastructure that’s been a major attraction for home buyers not only in the western suburbs but also in central parts of Mumbai.

·         Linking road and hill road are two of the most visited shopping destinations. People prefer to enjoy a good shopping spree here as the rates are pocket-friendly.

·         It would be amiss to not mention western suburbs’ beauty spot aka the Bandra -Worli sealink. It isn’t surprising for it to a major contributor to the value of Bandra’s realty market.

·         If great connectivity is what you’re after, then Goregaon is the ideal location. This location has accessibility to the Western Express highway and the link roads like the proposed Goregaon–Mulund Link Road and the MUIP's (Mumbai Urban Infrastructure Project) plan to start a Metro link from Charkop to Colaba.

South Mumbai

·         This region is considered to be one of the premium realty markets. Many believe locations here would be an apt choice to buy luxury properties in Mumbai. Projects like Omkar 1973 would be a great option to buy a uber-luxury home.

·         There are sports club galore like the Willingdon sports club, the Breach Candy Club, Bombay Gymkhana, and the Turf at Mahalakshmi racecourse.

·         Upcoming infrastructural developments include the proposed extension of the Bandra - Worli sealink and proposed Colaba-Bandra-Seepz Metro.

 

So, here they are, the many reasons why the idea of investing in a luxury home in Mumbai is a great one.