Mumbai is a dream
destination to study, work and live. The dream city attracts residents from all
across the world, who come and settle her for a lifetime. Though many people
live in rental homes, most of the people with the plans to spend life in the
city look for residential property in Mumbai. They
explore different areas and zones in the city to find the best home.
And one of the options is
Western Mumbai. Known for its pristine sea-views and excellent connectivity,
this area has huge property demand. Home buyers looking for sea facing luxury projects in Mumbai find
Western belt the best option. The only problem they face when buying home here
is to choose the right location. If you are also going through the same
problem, here are top 3 property investment destinations in Western Mumbai.
Kandivali
This is one of the top residential real estate in Mumbai. Smooth
connectivity to the major areas and important localities of the city via
Western Express Highway is one of the reasons behind the high popularity of
Kandivali. Property prices in this area increased by 20% in last year making it
a good option for real estate investment purpose.
Borivali
Borivali is a major stop on
the railway local line and makes a well-connected residential as well as an
investment destination. Almost every builder in Mumbai wants to launch
the project in this area due to quick absorption of inventories. A plethora of
residential options with quick access to civic infrastructure makes it a
comfortable destination to live.
If you are looking for
investment property, you can easily get an idea of expected gains from 125%
price rise in last 6 years.
Malad
Home to some of the biggest
corporate offices, this is a well-planned area in Mumbai. Superlative
connectivity, immense employment opportunities, world-class civic
infrastructure, and entertainment hub further attract home buyers.
As far as price improvement
is concerned, top real estate website
in Mumbai shows 20% appreciation in the last couple of years.
You can visit any real
estate website in Mumbai to have a look at the available residential projects
in these three locations. Some websites also offer comparison charts. So you
can use them to pick one location from these three options.
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