Are you looking for 2 BHK flats in Mumbai? Well, there are
different locations where you can spot luxurious as well as affordable options.
Owing to the escalating property prices, most home buyers are in search for
small sized units, particularly 2 BHK flats. In the year 2013, developers
launched over 7000 residential unit in Mumbai
due to the increasing demand for properties. Since Mumbai real estate market is
pretty expensive for the middle income buyers, developers are providing flats in the suburban areas
like Thane and Navi Mumbai at reasonable rates.
Affordable residential
units
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| Courtesy: net |
Demand is very high for small sized units like 1 BHK and 2
BHK flats in Panvel and Kamothe in Navi Mumbai. The city has become one of the
most preferred locations as far as property investment in Navi Mumbai is concerned.
From striking real estate options to organized infrastructure and basic
amenities, there are several factors owing to which people consider buying an
apartment in this area.
In the past few years, Kamothe and Panvel have seen an
increase in demand for small sized housing units. When compared to property
prices in other suburbs, apartments are available at much cheaper price in Navi
Mumbai. This factor has gained the attention of a lot of middle income
homebuyers to find options that suit their budget in Kamothe and Panvel. If you
want to purchase a 2 BHK flat in Kamothe or Panvel, it may cost you anywhere between
Rs. 80 lakh to Rs. 90 lakh.
Property developers in the city are also planning to come up
with affordable 2 BHK units in locations such as Vashi that is near Mumbai-Pune
Expressway. Another area in Navi Mumbai where you can spot affordable yet
modern 2 BHK flats is Kalamboli. Several prominent builders are launching new
residential projects in this location, fulfilling the high demand for 2 BHK flats for sale in Mumbai. Kalamboli is popular
for its iron and steel market in the country. It is developing at a very fast
pace, providing all types of basic amenities like schools, hospitals, banks and
markets to property buyers.
Experts state that the increase in demand as well as sale of
smaller units is undoubtedly a win-win situation for developers and buyers.
Buyers get to own a property which fits their budget and builders don’t have to
face a loss because they don’t have to bring down the existing market prices.
