Which are the best place to invest in mumbai real estate 2015?

Q: Why Kalyan-Dombivli will drive Mumbai's realty market?

Ketalpujara, Mumbai

2nd March 2015

Investment Advice in Mumbai

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Replies (15)

Hi everyone, If you guys are interested in buying properties in the city of Mangalore you guys ought to give NorthernSky Properties a call. Visit us at NorthernSky Properties

NorthernSky Mangalore,

12th October 2016

Comment

If you compare investment in an apartment in Andheri to an investment in suburbs (Navi Mumbai, Panvel etc.,), which one will give more returns?

Arti Srm,

25th February 2016

Comment

Hi Arti,
But Andheri East or West is not affordable for a middle class or salaried person. If you will ask to me i will prefer Kharghar in Navi Mumbai. It is one of the most well planned sectors in this city . It has been developed by CIDCO , and holds upto 45 sectors , which are well organized and developed with respect to the infrastructure. Kharghar has growing employment opportunities due to growing industrial and commerce activity in it’s region . Good connectivity to other suburbs like Pune & Thane , both , through Central Railway Lines and and Mumbai Eastern & Western Express Highways . Wide roads , skywalks , central park , etc are few of the many reasons fuelling growth in this part of Navi Mumbai.

Niyati Juthali, Mumbai

3rd June 2016

Ghodbunder Road in Thane is also good for end users. USP of this region is it’s fast connectivity to the eastern and western sides of city through EEH and WEH . Secondly , residential development has sped up in the past 5 yrs. It has proximity to suburbs and growing industrial and commercial activity. Also , due to the expectancy of getting connected to Mumbai , even more directly, through Mumbai Monorail , in the coming decade , is improving consumer sentiments to invest here .

Shalini Parikh, Mumbai

3rd June 2016

Kharghar, Panvel, Palm Beach Road, Ulwe, Kalamboli and Kharghar are emerging as most attractive property destinations in Mumbai. some more places like Navi Mumbai, Thane, Chembur, Wadala, Bhiwandi, Charkop and Kalyan are few promising property investment destinations in Mumbai. and to reach these place in short time you can go by using local trains , metro rails , taxi and all . To reach these places refer http://mumbailocaltraintimetable.net/Mumbai_Railway_Map.aspx

Jigar Kapadia,

30th September 2015

Comment

Hi,
I am planning to buy a flat in Kharghar. Is it a good locality for end users? Also want to know the property rates in that locality? is transport facilities are good in the locality? Can you suggest any good builders and their projects in kharghar? Thanks a lot in advance...

Bikram, Mumbai

13th October 2015

Yes, Kharghar is one of the most well planned nodes of Navi Mumbai. It is a fast developing residential as well as commercial micro market in Raigad district of Maharashtra. It is developed by CIDCO. Upcoming Navi Mumbai Metro Rail project has boost this area. 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.

Roshni Pawal, Mumbai

13th October 2015

Hii All

Need a Help - i want to buy a 1 bhk flat could suggest me where to invest for good returns
Prem

Prem Shinde,

3rd June 2015

Comment

Good Morning Prem,
Ulwe should be your first choice, as it is very close to upcoming Navi Mumbai International Airport. And the price are quite affordable now. It is one of the fast developing nodes in the city and offers 1BHK units ranging from Rs 24-30 lakh.

Secondly, Panvel, as this locality is close to Navi Mumbai International Airport too. Those who have an investment budget of Rs 20 lakh and yet want to stay close to Mumbai, then Panvel has many options for investment. you can find a 1BHK in size ranging from 350-750 sq-ft, within Rs 20-35 lakh.

Manisbapu, Mumbai

5th June 2015

I think Manish is Right.
Ulwe of Navi Mumbai is the India's best destination for residential flat investment for long term around 5 years. So invest there with a reputed builder and in good location. Annual return would be around 30-35% subject to growth and risk factors.

Devika, Mumbai

24th June 2015

Visit www.buyrightmumbai.com. Their experts will be able to guide you with your investment.

kaushal , Mumbai

23rd April 2015

Comment

Hay kaushal,
I am planning to invest in Andheri East, Mumbai? Is it good place for my investment and how much appreciation i can expect in 3-5 years. Which are the leading developers and their projects in Andheri East? Kindly give your view....

Shaunak Verdla, Mumbai

13th May 2015

Hello Dhiraj,
But one thing we should keep in mind that the residential real estate space in India is divided into affordable housing, mid-segment and the luxury segment. The burden on low cost housing is expected to put pressure on the luxury segment, but this is not significant. 2015 will focus more on recovery and clearing inventory, construction deadlines and backlogs. Affordable price points will lead to higher soaking levels. Moderation pressure on the rupee will also impact the industry positively.

Pranab Malakar,

13th March 2015

Comment

@Shalini Parikh,
The primary factor driving the real estate growth in the Kalyan-Dombivli is the sky-rocketing prices in Mumbai suburbs, coupled with the growing demand for affordable housing. Mumbai continues to attract migrants who come to the financial capital with hopes of employment opportunities. This has increased the demand for affordable housing.

Kishore Pathak, Mumbai

10th March 2015

Comment

Hi Shalini,
Who are the major buyers of this locality? What are the current property values in Kalyan and Dombivli East? Which is it's nearby Railway Station?

Manilal Patel, Mumbai

10th March 2015

Hi Manish,
Factor that driving demand is the availability of industrial belts and improving infrastructure around this area. Both Kalyan and Dombivli have an industrial belt up to Badlapur. This provides very good employment opportunities for people residing around the region.

Property values in the Kalyan and Dombivli area offers projects within the affordable range. For example, the average property value in Dombivli East is about Rs 5450/sq. ft while it is about Rs 6100/sq.-ft in Dombivli West. The average property value in Kalyan East is about Rs 5250/sq-ft while the average property value in Kalyan West is about Rs 59500/sq. ft.

Kishore Pathak, Mumbai

10th March 2015

Well Abhi,
The residential growth in the locality is developing in line with the ongoing growth in the commercial sector and improvement in the connectivity. Apart from the two Special Economic Zones (SEZs) that have been planned here, the area is also seeing many developments in terms of connectivity and infrastructure.

Shalini Parikh, Mumbai

4th March 2015

Comment

The properties in the Navi Mumbai are like hotcakes where the investors and Buyers are waiting for a piece of it and the demand of the property is pushing the prices to go upward. The property rates are being increased to 10 times more than when the satellite township got pose in Mumbai city.

Shalini Parikh, Mumbai

4th March 2015

Comment

Moreover, areas like Kharghar, Panvel, Palm Beach Road, Ulwe, Kalamboli and Kharghar are emerging as most attractive property destinations in Mumbai. Navi Mumbai is witnessing high demand due to its infrastructure and connectivity.

Abhinandsavalla, Mumbai

4th March 2015

Places like Navi Mumbai, Thane, Chembur, Wadala, Bhiwandi, Charkop and Kalyan are few promising property investment destinations in Mumbai.

Manchanda, Delhi-NCR

17th April 2015

Official account of - Manchanda +ACY- Manchanda Builders Pvt. Ltd.

Right Sir,
But you can not ignore Chembur East in Mumbai Central Line, Vile Parle (East) & Bandra (East) in Mumbai South-West and Goregaon (East) in Mumbai Andheri-Dahisar have seen over 20% price appreciation.

Shrikant Kejriwal, Mumbai

9th June 2015

@manchanda,
Mumbai has seen stabilization in property prices on account of unsold inventory and delay in new project approvals. Areas in Thane and Navi Mumbai are finding favor among the investors who want to invest in sub 10000/sq-ft properties with the promise of high returns.

Abhinandsavalla, Mumbai

9th June 2015

Hi everybody,
Another potential area for investment is Navi Mumbai is Ulwe. It is one of the fast developing nodes in the city and offers 1BHK units ranging from Rs 24-30 lakh. Ulwe is a place to invest but one should opt for under construction projects which are still at a begining stage. By the time your project is ready for occupation, it would be competently supported by the surrounding infrastructure.

Abhinandan Jain, Bangalore

4th March 2015

Comment

Hi Rajat,
yes,the most awaited Navi Mumbai Airport is in Panvel, one of the major reason for attracting investors to the area. The infrastructure developments, such as the 8-lane expressway from Chembur to Panvel, Trans Harbour Link, Metro, Monorail which are today at different stages, are expected to boost the real estate in Panvel. The infrastructure developments, such as the 8-lane expressway from Chembur to Panvel, Trans Harbour Link, Metro, Monorail which are today at different stages, are expected to boost the real estate in Panvel.

Manisbapu, Mumbai

3rd March 2015

Comment

Panvel- Located in Navi Mumbai, Panvel connects Mumbai and Pune, the two major cities of Maharashtra. Major roads, such as the Mumbai-Pune Expressway, Sion-Panvel Expressway, NH-4B and NH-17 start from the locality, while the NH-4 passes through Panvel. Those who have an investment budget of Rs 20 lakh and yet want to stay close to Mumbai, then Panvel has many options for investment. you can find a 1BHK in size ranging from 350-750 sq-ft, within Rs 20-35 lakh.

Rajatrawal, Mumbai

3rd March 2015

Comment

@ Dev,
Secondly, Nashik, the area is home to more than 400 manufacturing units and boasts of its own railway station, which connects the area to the Central Line Mumbai Suburban Railway network. Experts say that investors, especially from Thane and Kalyan, are interested in buying properties here. The Expressway from Mumbai goes straight to South Nashik. the southern part of the city is popular when it comes to real estate investment. Localities, such as Pathardi and Indira Nagar, which fall in this part of the city, have come up as potential investment destinations for Mumbai residents.

Miraniyatin, Mumbai

2nd March 2015

Comment

Hi Dev,
Asangaon is a locality in Thane district that lies on the Mumbai-Nashik Expressway. The area is 70 km from Mumbai through the expressway and is still under development.

At present, the locality offers 1/2BHK units within Rs 20-30 lakh. These are available within a size range of 450-1200 sq-ft. You can also find a few options of 1BHK units in a budget of Rs 10-15 lakh.

Miraniyatin, Mumbai

2nd March 2015

Comment

Right,
The area is home to more than 400 manufacturing units and boasts of its own railway station, which connects the area to the Central Line Mumbai Suburban Railway network.

Experts say that investors, especially from Thane and Kalyan, are interested in buying properties here.

Dev Patel, Mumbai

2nd March 2015

Hi,
A stable government at the Centre and its plans to set up smart cities has revived investors' interest in the country with Mumbai set to emerge as hot investment destinations in 2015.

In Mumbai, there has been a 26% rise in real estate enquiries this year as comparison to last year from same segment and the majority of the queries have been for the residential or commercial projects. Catering to the growing demand among high-end segment, Mumbai has emerged as one of the most promising markets for real estate industry.

Dev Patel, Mumbai

2nd March 2015

Comment

Right Dev,
The Union Budget 2015 may have disappointed most stakeholders in the real estate sector as the finance minister did not announce any action to benefit either demand or supply in the sector. Besides, increase in service tax will also affect the market. The only positive thing that came out of the budget for real estate was the tax clarification on real estate investment trusts (REITs). But market participants remain hopeful and have a positive outlook for the year.

Dhiraj,

13th March 2015