Latest Answer: Hey Devendra, with all due respect : investing is not like throwing a stone in a pond - you throw anywhere you see water and expect a big splash.
First thing - you have a very small budget.
Second Thing - you are clueless (that is not a very good sign)
Third Thing - you have not mentioned any specifications or your plans with respect to the tenure of investment .
So, my suggestion (and i guess every other's) would be for you to be very specific and spend some time in researching. (trust me, that will help you more than anything).
Latest Answer: Yes the development plan of Mumbai in coming years to boost the price of real estate. The project like Coastal road project, clearance of Navi mumbai International airport, Trans habour sea link, CST-Panvel 6 line connectivity will definitely raise price bar.