Besides being the financial capital of the country, Mumbai is also one of the most expensive cities to buy property. In fact, owning a property in the dream city is almost dream-like. While posh areas in the city come with quite a heavy price on its properties, most apartments in Mumbai have different configurations depending on the market demand.
However, the properties worth investing in right now fall mostly in the micro level, especially because investing in such locations come with reasonable prices where investors can also expect good returns.
To add to it, buyers have shifted their focus from premium properties to the affordable and mid-priced segments. Buyers are also taking in-depth research by visiting property sites several times and ensuring its quality before making the final purchase. The most important factors that tend to drive the credibility of any developer are the right-sized house, affordable price, and of course, a good location.
Owing to these factors, there are several pockets across big cities and metros that have proven to be the investment hotspots in Mumbai.
Thane has successfully emerged as one of the most preferred destinations for home buyers. All properties, be it a 1bhk or 2bhk in Thane, are essentially booming with stellar infrastructure. With Thane transforming into a commercial hub, the vast array of job opportunities available in and around the area is also a major factor attracting buyers to the region. To sum it up, a major shift in the buying behavior of home buyers have been noticed in terms of pricing. In fact, a lot of big developers are also shifting towards the aforementioned areas, as per the demand in addition to the rising infrastructure.
The western suburbs has been touted as the most developed region in Mumbai and rightly so as it homes to various high rise luxurious residential properties and commercial hubs. And in the western suburbs one of the most popular locality is Goregaon. It is a thriving and vibrant suburb with tranquil surroundings, lush green ambiance, and serene locales. Many homebuyers are now flocking to invest in their dream home be it a 1BHK or 2BHK in Goregaon East, particularly due to its well-developed social infrastructure and comparatively affordable housing rates, thereby making this area a sought-after realty hotspot.
Popularly known as the satellite town of Mumbai, Navi Mumbai is blessed with good infrastructure and extremely convenient accessibility. The location has in fact, also been witnessing a sharp shift in buyer interests from posh and premium to serene and affordable. This has also led to the reduction of prices of posh areas such as Palm Beach Road. Additionally, Navi Mumbai also offers minimised cost operations due to which, many IT companies have been shifting to places such as Airoli and Vashi in Navi Mumbai.
Whether you’re looking for a property in western suburbs or Thane, you can simply take a look at properties by The Dynamix Group, coming up with their luxury projects with a world of lifestyle amenities and natural surroundings.