Mumbai is
probably the most expensive real estate market in India. The City is a mix of
luxury and glamour, be it its beaches, commercial buildings or residential
apartments. From studio flats to 1/2/3/4 BHK or penthouses, Mumbai has all options available for
the real estate buyer. Tilted towards the expensive side most projects are in
the higher range. Apart from the rising demand the Government policies have
made the real estate market in Mumbai expensive.
The high FSI of around
4.5 in Mumbai has shifted the city to its outskirts, owing to the space
constraints within the city. Redevelopment in the city is costly and time
taking, even if the FSI is reduced. Hence one needs to look for fresh projects
in the city. The cities rental market is
also expensive and one can plan and buy property rather than pay the high
rents. Mumbai is congested and a 1 BHK apartment may be affordable but not
suitable when it comes to space. One can invest in larger flats in Mumbai and enjoy the spaciousness.
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| Courtesy: Net |
Mumbai is an end
user market as the property prices are at an all time high. An inventory of 4 BHK flats for sale in Mumbai can be
found in Kandiwali, Ghatkopar, Malad and Kanjumarg. This is mostly the on the
eastern and western sides of Mumbai. The city is an archipelago of islands and
is viable for vertical development, which in turn will also enhance the
infrastructure and basic facilities like water supply in the city. Some of the
projects that one can look for buying 4 BHK apartments are:
- Runwal Bliss, Kanjurmarg (East)
- Rebrisk Ibis, Kandiwali (West)
- Wadhwa Panoroma, Ghatkopar (West)
- Kalapataru Aura, Ghatkopar (West)
- Omkar Alta Monte, Malad (East)
The projects
speak of luxury and are built to offer space and utility. Swimming pools,
fitness centers, green areas, children play area are some of the amenities
being offered by the builders. The projects are under construction and with a
relevant financial plan; one can look up and buy a spacious apartment in
Mumbai.
