Hi Sir,
Andheri East too observed a excellent number of apartments for rent. On the other hand, the demand for rentals is normally witnessed by the higher middle-class income group. Kandivali East and Mira Road too offer 3BHK units. However, most of the projects available in the areas are limited to 1 and 2BHK units. Chembur was one of the areas that witnessed a decent number of rental apartments during Q3.
@Manilal, On the other hand, since the land valuations are higher in Mira Road in comparison with different parts of Navi Mumbai and Thane, there are more 1BHK flats than other configuration.
In the same way, Kharghar witnesses a good amount of lower configuration apartments as it can be found in the industrial region of Navi Mumbai. As a result, people who like to stay close to their work location look for rental housing in the area.
Hi Kishore, I want to know why the prices are more affordable in the area? Is there any other locality other than Mira Road and Kharghar that offers a good amount of 1BHK?
@Shrikant
As it lies in the industrial region of Navi Mumbai. As a result, people who prefer to stay close to their work location look for rental accommodation in that area.
Dombivli East is another upcoming area just over and above Thane that witnesses a good number of 1BHK flats for rent.
As one moves more on the way to the western suburbs, the availability of smaller size apartments decreases due to less affordability. On the other hand, Kandivali East and Goregaon East offer a number of 1 and 2BHK units. Ghodbunder Road, which joins the eastern suburbs and Thane West to the western suburbs considers cheaper rentals as more people prefer to buy property here.
Hi, There are a good number of apartments available for rentals in MMR. Mira Road, Kharghar, Dombivli East, Goregaon East and Ghodbunder Road are among them. The following areas are the top five areas in terms of availability of housing units in the 1/2/3BHK configurations during the third quarter of 2014.
Hi Kishore, When it came to availability of lower housing configuration, for example, 1 and 2BHK units, Mira Road and Kharghar witnessed the most number of flats. It is just beyond Dahisar, a western suburb of Mumbai. It also witnesses a good number of rental accommodation because of reasonable rentals cpmpared with the western areas of Mumbai and its closeness to the famous business areas of Mumbai.