The City of Dreams is always attracting people from all over the country. The economic capital is a major financial hub of the world and home to the country’s stock market. Every business in the country must have a presence in Mumbai. The city also happens to be the largest property market in the country.
The city commands the highest property rates in the country and one of the highest in the world. The real estate returns are the highest in the country with one of the maximum appreciations. Investing in Mumbai real estate is the best decision to maximize wealth and create high-worth assets.
Let us look at some of the best options to invest in Mumbai:
Dahisar
Dahisar is a suburb of Mumbai that is seeing unprecedented growth in the past few years. It is well connected to mainland Mumbai by the suburban local train network. The Western Express Highway passes through the suburb making it easily accessible by road. The metro railway being developed will connect Dahisar to important commercial hubs of Andheri East and Andheri West. Another metro will connect it to Mankhurd, on the harbor line of Mumbai.
There is no direct connectivity from the northwestern suburbs to the harbor suburbs making this an important mode of connection. The social infrastructure of Dahisar is as good as any in Mumbai. It hosts some of the best schools, colleges, specialty hospitals, malls, and supermarkets.
Dahisar is an attractive destination for home buyers as it strikes the right balance between budget and infrastructure. The new projects in Dahisar like the Northern Hills in Dahisar East offer luxury apartments with many lifestyle amenities. The project also has some of the most spacious 2 BHK flats in Dahisar East.
Thane
Thane is a satellite city of Mumbai. It boasts excellent infrastructure and is well connected by road and suburban rail to Mumbai and Navi Mumbai. The upcoming metro railway will improve the connectivity further to central and harbor suburbs. It hosts some of the best malls, hospitals, and educational institutes. Many builders are invested in Thane to develop large residential townships and complexes. Investing in Thane will ensure long-term gains as property prices are appreciating year on year.
Navi Mumbai
Panvel and Kharghar are two locations that promise good returns on property investments. The accessibility of Panvel to the upcoming international airport, infrastructure development projects, and low property prices make it a strong contender for investments. Kharghar is known for its lush green parks, wide roads, and well-planned infrastructure. For long-term investments, Kharghar is a good option as the property prices are comparatively low compared to locations in central Mumbai.