Top 3 locations of Mumbai will give you quick returns

Q: Hi, Do you know about the cities of Mumbai which may offer you good appreciation in shortest period of time?

Vasanth,

16th April 2014

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Replies (5)

Hi everybody,
Why invest in Powai in Mumbai? Which are the primary developers of this locality? What is the current property rate in the Powai is going on? Can anybody give the USP of the locality?

Kishore Pathak, Mumbai

4th July 2014

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Hello Kishore,
Powai boasts one of the biggest special economic zones of Maharashtra where number of multi-national companies are operational. Being the closest residential locality with developed infrastructure and amenities, Powai caters to the housing demand of workforce employed here.

Hiranandani, Nahar, K Raheja, Ekta Developers are some of the primary developers here. The capital values in Powai are in the range of Rs. 16500-21500/sq-ft.

USP:- connectivity to South & West Mumbai via Expressway,
Proximity to Bandra Kurla Complex (BKC)
Ghatkopar, Mulund, Kurla, Chembur , Vikhroli nearby
Shopping complexes like Galleria by Hiranandani,
D-Mart Mall, R City Mall etc.
Educational institutes like IIT Campus, Kendriya Vidyalaya, Hiranandani Foundation School and Bombay Scottish School

Suresh Khanna, Mumbai

4th July 2014

Hi Vasanth,
In Powai you can get great returns as some amazing town planning is going on.
Definitely the first place to try with residential projects done by some renowned builders and contractors.Check some projects from Pashmina Developers.

In Navi Mumbai places near Kalamboli,Mansarover and New panvel are good.

And lastly you can try Thane but it is congested.You should look for Powai.

Ajit Vichare, Thane

26th May 2014

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Hello,

I think Navi Mumbai and Mumbai too give quick returns. Prices increase in Navi Mumbai because of growth in infrastructure. Mumbai's infrastructure is growing as usual.

Thanks

Ajit Vichare, Thane

21st April 2014

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Hi Kaushik,
I am interested to know which are those location offering quick returns? It might help me a lot for investing.

Kunal,

16th April 2014

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Hi Kunal,
Airoli, Ghansoli and Kharghar are 3 locations offering quick returns and draw the attention of home buyers. Being a hub of IT companies, people employed here looks for housing options near their office. This locality also recorded as the high price appreciation since last year.

Kaushik Bardia,

16th April 2014

One more thing that i wanted to add is the apartments which was available for Rs. 75 lacs in 2013 is now being sold at Rs. 1 crore because of some new developments happening in the locality and the proximity to Mulund, Eastern Express Highway and Powai.

Kaushik Bardia,

16th April 2014

Thanks for all those information Kaushik,
What about Ghansoli and Kharghar? What was the factor for increasing in the property price here?

Kunal,

16th April 2014

Well Kunal,
Growing connectivity, infrastructural growth and limited stock of desirable property was the reason for rising prices in Ghansoli.

Similarly, the upcoming Metro connectivity between Belapur and Pendhar passes through Kharghar which will add advantages to this location. The capital value in the area is mainly rising due to Metro accessibility and proposed Navi Mumbai International Airport in nearby.

Kaushik Bardia,

16th April 2014

Apart from that the property price which was available for Rs. 75-80 lacs in Jan-Mar'2013 is now valued around 1—1.25 crore.

Kaushik Bardia,

16th April 2014

Hi Vasanth,
Navi Mumbai is one of the promising outskirts of the city which is offering quick returns in one year due to upcoming infrastructural developments and some new developments are happening at a fast pace.

Kaushik Bardia,

16th April 2014

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