Ideal place to invest in Mumbai

Q: Which are the ideal place in Mumbai to invest in?

Kishore Pathak, Mumbai

10th July 2013

Investment Advice in Mumbai

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Investing in Mumbai, can be a task, but none the less, if you see around Mumbai in areas like Boisar or Palghar, Happinest Palghar by Mahindra Lifespaces are offering great deals. In my opinion if your are looking to invest in Mumbai itself, Palghar is one of the fastest developing areas today.

Mira Bedi, Mumbai

30th October 2018

Comment

According to JLL statistics, the best performing residential markets in 2012 in Mumbai are Wadala, Parel, Dadar(east), Tilak Nagar, Sewri and Chembur. The capital values in these areas grew to 10% Y-O-Y. The growth of potent commercial office market activity in south central Mumbai triggered the demand for residential apartments. To add to it, the sub-markets have been on the lucrative end due to the attractive pricing in comparison to premium locations of South Mumbai.

Ramesk Polekar, Mumbai

10th July 2013

Comment

According to property consultants, the offerings are set to be in the premium segments since the price range in the stretch ranges between Rs 20000- Rs 45000 sq ft. Builders have been open to negotiation in premium segment and have lessen the rates in support of a sizable up-front payment.

Ravi Waghmare, Mumbai

10th July 2013

Comment

On evaluating the trend flowing in the suburbs, this would be the perfect time for change into a seller market from buyer’s market. If this trend does not stop, the prices for residential properties across all micro-markets in Mumbai is likely to follow the upward trend till the festive seasons.

Anuj Gupta, Mumbai

10th July 2013

Which are the best performing areas in Mumbai which has seen growth in the real estate market?

Vinay Dixit, Mumbai

10th July 2013

According to NHB Residex (a mechanism, which could track the movement of prices in the residential housing segment) displays that in Jan-Mar 2011, the index value for Mumbai was 175, which aggravated to 190 in the same quarter of 2012. Experts suggest that it will shot up to 222 in 2014, a steep increase of 26.8% from that of 2011 tenure. On the basis of this scenario, key developers in south Mumbai suburban have taken recourse to lure the home buyers with a number of freebies (during the festive seasons) that has boosted the sales incredibly.

Praveen Modi, Mumbai

10th July 2013

Comment

According to JLL reports, the Dadar-Parel-Worli Stretch has witnessed a jump in sales in 2013. Reports from brokerage firms confirm that the sales deed registrations for the initial five months have witnessed a robust growth. To add to it, the slump in property rates last year offers a low base and makes the numbers even better.

Abhijit Thanki, Mumbai

10th July 2013

JLL report further corroborates that more than 3 million sq ft of office space have been absorbed in suburbs like Bandra East and Kurla. This have triggered the demand for residential property. Possibility of future supply of 4 million sq ft of Grade A office space will meet the growing demand for residential properties.

Abhijit Thanki, Mumbai

10th July 2013