The real estate market in Mumbai is witnessing drastic changes. The investor confidence has changed and with that, the developers have also come up with several new ways to make their projects appealing and investment-worthy. Though Mumbai is labelled as the best city for real estate investment, first-time investors are constantly on the lookout for affordable properties. There is a difference between residential and commercial investment. Lately, the purchasing power of investors is quite on the lower side but with it, several new areas in Mumbai have found buyers. New projects in Mulund East are attracting a lot of investors. The price of the property in Mulund East is low as compared to other top locations which makes it budget-oriented. Additionally, Mulund is self-sufficient as a location with public transport facilities and reliable infrastructure. Additionally, this location has something for every investor. Right from a lavish home to a budget-oriented property, Mulund has the best to offer when it comes to residential spaces. Check out the three real estate market trends that make investing in Mulund beneficial.
Developers these days focus on affordable housing projects. For most first-time investors, budget is the main constraint when it comes to real estate investment. Affordable housing has made Mulund the most preferred location for residential spaces. This location has something for every budget. Moreover, the new projects in Mulund East also give good returns on investment.
Can help in income generation
Most investors these days buy flats and give them on rent. This not only keeps the property well-maintained but also fetches income. Additionally, in the coming years, investors can also sell their property for a better price.
Focus on basic amenities
These days residential projects have more than just parking spaces. To attract investors, developers now offer several amenities in their projects like playing area, clubhouses, gymnasiums, etc. Most new projects in Mulund East are well-equipped with facilities and are ideal for families.
Need for open space
Mumbai is an overcrowded city and most buyers these days lookout for residential properties that guarantee access to some open space. Mulund is the most ideal location for residential investment because it has several open spaces. Be it public parks or sports centres, Mulund residents are never away from nature.
Check out the new projects in Mulund East and invest in the right property.