MMR: Top 10 Investment Destinations of 2015
The Indian real estate market has embarked on a turbulent ride ever since the global slowdown of 2012. While one cannot deny the inventory-pile-up across cities, there indeed has been a major overhaul within the sector. This fortunately is tilted more on the positive side. There has been a major consolidation within the sector and more importantly, unlike earlier, today buyers have taken precedence.
More so, prospective buyers are spoilt for choice. There are umpteen property options available in the market. Thus, in order to help the prospective property buyers make an informed decision, CommonFloor.com brings forth a detailed analysis of the Top 10 Investment Destinations in each of the metropolitan city across the country including Bangalore, MMR, NCR, Chennai and Pune.
This report identifies the Top 10 micro markets in MMR based on various parameters including maximum new launch supply, absorption, price appreciation and high rental yield, among others. This will effectively help a prospective buyer to have an in-depth understanding of the ‘real’ trends in each of the micro markets and, thus, make an informed decision.
Though there are a number of emerging micro-markets with good number of residential supply and absorption in the newly developing regions such as Navi Mumbai and the region Beyond Thane, the central and western suburbs of Mumbai continue to lead. The areas dominating the list of top investment hubs in MMR include Goregaon East, Ghatkopar West and Powai. This is mainly due to good price appreciation seen here owing to its proximity to prominent business hubs within the city.
To get more such real insights on MMR’s Top 10 Investment Destinations