There is no getting around it Mumbai's property market is
legendary. .Three factors drive the property investment pattern in Mumbai are
demand, price points and growth prospects.
WADALA
Wadala became the center for attraction because it signifies
some of the better lifestyle elements which makes life in this city more of
comfortable and suitable.Having renowed institutions in
its locality which includes the infrastructures of
colleges , hospitals and malls also Wadala gained prominence as a residential destination because of its proximity to
Bandra-Kurla Complex (BKC). However, with
several infrastructure initiatives monorail and the Eastern Freeway ,
Wadala saw a rapid increase in residential demand, resulting in the doubling of property values over the last three years which
has turned Wadala into a well concentrated area for property
buyers.
BANDRA
Bandra especially Bandra west has caught an eye of every
property buyer for holding high profile
value and a high standard lifestyle. Having most commercial exposure
and being one of the prominent ares of the west zone in Mumbai bandra has developed its heritage towards the margin of
signifying moral value of lifestyle, living and
western culture. Since it is next to the country's most prominent
CBD, Bandra's real estate potential remains very high. It is a matter of prestige for every reputed developer to have a signature
product in this micro-market.
CHEMBUR
Chembur, the central suburb of Mumbai, is one of the prime
residential destinations in the Maximum City. Its close proximity makes
commuting easy to business districts of Mumbai. Known for prominent landmarks
Chembur is also one of the greenest localities of the city. With rapid
infrastructural development, Chembur has witnessed large-scale residential
development. With prices ranging between Rs 16,80017,500 per sq ft and an
annualised appreciation to the tune of 15-18 per cent, Chembur remains an
important investment hotspot.
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