Mumbai is known for offering a broad spectrum of choices to investors. However, residential flats have been in high demand during the last few years, particularly after the COVID-19 onslaught. Real-estate experts point out that Mumbai has gone through a dramatic shift during the nationwide social distancing and lockdown. Homebuyers today are not focusing on the property size provided they can buy a ready-to-move apartment. Prices had hit a record high, so in 2022 people are more than happy to opt for smaller houses to save on and cut down monthly rental expenses. Let us explore some areas in Mumbai with the best investment property for sale.
Wadala is indisputably one of the most attractive destinations for real estate investors in Mumbai. It is a commercial hub and is all set to be the future BKC (Bandra Kurla Complex). It offers a brilliant infrastructure, may include locals, metros, and even well-connected highways. This is an attractive destination for both employees and employers. Some of the Best Real Estate Investments are in Wadala. Wadala offers numerous residential homes and upcoming real-estate projects. Thanks to the amenities, Wadala’s home value, and prices are rising. Indiabulls Finance Center and BKC are within just a 10-kilometer radius. Wadala is known for catering to the requirements of the middle-income budget sector and comes up with numerous high-rise apartments. You can easily access the reputed social and retail infrastructure nearby. However, some residents are unhappy with the vehicular congestion and pollution issues. Poor road condition seems to be another grievance. They need immediate improvement.
The location is a critical deciding factor when you have serious estate investment plans. In proper Mumbai, it is challenging and incredibly expensive to buy a residential property. Today some of the best property investment opportunities are in Mulund East. Today several new areas are gaining popularity because they are self-sufficient and offer amazing amenities for comfortable living. Today you can choose from one of the upcoming projects in Mulund East. Mulund facilitates easy access from Mulund Station and Eastern Express Highway. If you are looking for a Residential Property Investment, this is the perfect destination for you. Mulund is a quiet area with lush greenery all around. You will find ultimate serenity and peace in the lap of nature.
Chembur boasts several world-class projects, and it is undoubted, a posh locality in Mumbai with 1 BHK apartment at 1 crore INR. It offers strong connectivity and a well-connected network of public transport. Chembur East is reputed for its high-rise apartments. It is a popular choice for residential purposes because the area is well-known for unbeatable security. The area is hygienic and exceptionally neat and clean. There are markets, well-maintained parks, colleges, and schools nearby. Moreover, the maintenance fees in most Chembur East societies are affordable. However, Chembur East residents are complaining about the erratic power supply.
If you are thinking of investing in real estate properties in Mumbai, it is best to stick to the above-discussed new areas for their locational and price advantages.