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Which is the best place to invest in real estate in Mumbai?

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Which is the best place to invest in real estate in Mumbai?

If you are looking to buy a home in Mumbai in 2021, areas such as Goregaon (East), Andheri (East), Kandivali (East), Malad (West), Vasai and Virar could be the best bets. In addition to massive housing development, the areas also enjoy robust infrastructural growth and proximity to commercial centres.

Is Thane a good place to invest?

Advantages of investing in Thane Commercial and industrial developments in Thane have made it a go-to option for investments in real estate in Mumbai. Property in Thane is of top quality as many popular and big real estate giants have their ongoing projects in Thane.

Is titwala a good place to invest?

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Titwala- It is an emerging investment hub beyond Thane. One can easily find a 1BHK flat in Titwala below Rs 50 Lakh. Properties in this locality are available at an average price of Rs 4,100 per sq ft.

Which city leads the sales activity in India?

Of the key cities, Pune led sales activity with around 26\% share, followed by Mumbai 19\%. It was closely followed by Hyderabad and Delhi-NCR with 18\% and 17\% shares respectively, showed a CBRE South Asia report.

How developers in Mumbai are promoting their new launches?

With the use of technology, developers are offering flexible walls and convertible rooms that can be turned into a bedroom at night and study during the day. Most of the new launches in Mumbai were in the affordable and mid segment with ticket size up to Rs 2 crore and formed 84\% of the launches during the quarter.

What is indiaproperty ‘gethomenow’?

Indiaproperty.Com today announced a week-long online property sale ‘GetHomeNow’ that will enable buyers check out and buy properties in eight Indian cities.

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Is real estate still a good investment?

The survey has reinforced the significance of real estate as a tool for prudent and risk-averse investment. 58.5\% of survey respondents have chosen real estate as a mode of investment in the future. In a time when the fragility and fatigue in the financial markets will persist, tangible assets like real estate will be a go-to option for investors.