interested in buying a 2bhk apartas investment. in parel or nearby localit.pls give your coments

Q: I have bought property in Bangalore and builder has kept the schedule. I want o invest in Mumbai preferably in Parel or nearby locality.

Suresh Baliga,

11th December 2014

Buying property in Mumbai

investment advice

real estate in mumbai

investment advice in mumbai

buying properties in mumbai

lower parel

properties for sale in parel mumbai

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Replies (8)

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Lalit Verma, Mumbai

13th December 2014

Comment

Some of the best ongoing projects by prominent developer in the locality are Paradise Sai Symphony,
Paradise Sai Crystals, Paradise Sai Solitaire, Paradise Sai Spring by Paradise Group, Shree Balaji Om Harmony by Shree Balaji Developers, Regency Crest by Regency Group, Kohinoor Royale by Kohinoor Group, RS Exotica by RS Builders & Developers, Fortune Springs by Fortune Developers, Siddharth Geetanjali Jewel by Siddharth Builders And Developers etc.

To get more property details in Khargar, MUmbai click the link Ongoing residential projects in Khargar, Mumbai

Suresh Khanna, Mumbai

12th December 2014

Comment

According to me Kharghar is one of the most well planned nodes of Navi Mumbai is a developing residential as well as commercial micro market in Raigad district of Maharashtra. It is developed by CIDCO and has 45 sectors. Its proximity to the Belapur CBD, along with its good connectivity, green surroundings and infrastructure developments like wide roads, skywalks, Central Park, Golf Course etc. are some of the factors that have led to growth and high residential demand in Kharghar.

Sanjana Jain, Mumbai

12th December 2014

Comment

Taloje a suburb in Navi Mumbai is popular for its industries. Due to the increasing residential demand in its neighbouring micro markets such as Kharghar and Panvel, some of the industries have now moved and giving way to residential developments. Kamothe and Kalamboli are two more markets which have seen spill over residential demand from Kharghar.

Suresh Khanna, Mumbai

12th December 2014

Comment

Ulwe is a quiet suburb in Navi Mumbai, which is witnessing a lot of buyer interest in recent times. The Panvel Creek separates it from the developed suburbs of Seawoods and Belapur. Over the
last 5 years prices here have skyrocketed with an average annual appreciation ranging between 25-30%.
The bounce and identification of Ulwe as one of the fastest growing Mumbai suburbs, has come about because of both the inprogress and proposed infrastructure projects.

Sanjana Jain, Mumbai

12th December 2014

Comment

Although, the property prices are as high as Rs 38000/sq-ft but some of the towers command up to Rs 45000-50000/sq-ft because of the sea view. In spite of paying high premium for a home, the quality of life is not satisfying. Not because the area lacks infrastructure but it is overloaded, taking away the pleasure of living in luxury.

Suresh Khanna, Mumbai

12th December 2014

Comment

You are right sir,
Densification of the area will put pressure on available resources, affecting quality of life and its premium nature. Narrow roads, poor air quality due to heavy traffic congestion and lack of parking spaces are some of the issues being faced by the residents.

Sanjana Jain, Mumbai

12th December 2014

Comment

Lower Parel is seen as one of the most active localities of Mumbai in terms of real estate construction and development where a number of projects are active. However, crumbling infrastructure is becoming a shortfall for its future. The social infrastructure in Lower Parel is sufficient for the present population but not able to be maintained at a certain rate or level once the upcoming residential projects give possession.

Suresh Khanna, Mumbai

12th December 2014

Comment