If you plan to buy a home from an investment point of view, Mumbai should be the first place to consider. The apartments are well-constructed and command a high resale value. Besides, the constant influx of professionals from other parts of the country ensures a stable passive income for homebuyers who want to offer their property on rent. In addition, the real estate market in Mumbai has witnessed strong demand over the years, providing investors with a sense of security. Here are some of the best places to invest in Mumbai.
Thane
Table of Contents
Whether it is for residing or for investment, Thane is the place to be. Thane, a suburb in Mumbai’s northeast, offers plenty of opportunities ranging from affordable flats to premium apartments. The reasonably priced apartments, high resale value, a well-developed infrastructure and transit system, and proximity to Mumbai, make Thane one of the most incredible places for investors.
Thane is well connected with Mumbai and other areas via the Central and Trans Harbour Line Suburban railway network, Thane Municipal Transport and the Eastern Express Highway. The upcoming Thane Metro will further boost connectivity and expand the real estate sector in the suburb.
Worli
Worli is an upscale locality in central Mumbai. It is one of the most sought-after localities in the city because of the quality infrastructure, high-class social amenities and aesthetically built apartments with unique features. The Bandra-Worli Sea Link is one of Mumbai’s most significant infrastructural developments.
The Sea Link provides seamless connectivity between Bandra and Worli. Before its construction, it used to take more than 20 minutes to reach Bandra from Worli, but the Sea Link has reduced travel time to around 10 minutes. Worli’s proximity to business districts and premium properties that provide scenic views of the sea make it a hotspot for people planning to invest in Mumbai.
Andheri
Andheri is one of Mumbai’s most well-known neighbourhoods. The locality is a base for many companies. The Andheri Railway Station provides a seamless commute to other neighbourhoods. The Mumbai Metro is another mode of travel for the residents of Andheri.
The line is 11.4 kilometres long and links Versova to Ghatkopar. The Andheri Metro Station is one of the busiest metro stations, and has made commuting easier for residents. Connectivity to the Chhatrapati Shivaji International Airport and the Andheri Railway Station, and a mix of affordable and premium housing makes Andheri one of the best destinations for investors.
Bandra
Bandra is another very sought-after real estate destination in Mumbai. Bandra is situated in Mumbai’s western part and is a high-end neighbourhood. Bandra is very popular among investors because of the Bandra-Kurla Complex. The complex is one of Mumbai’s most prominent business districts and several technology and other firms have their offices here.
Bandra is a well-established locality and has the best infrastructure, transport facilities and social amenities in Mumbai. Further, residents in Bandra have access to green spaces and sightseeing attractions like Jogger’s Park, Bandra Fort, Mount Mary’s Basilica, among others.
Conclusion
These are some of the localities in Mumbai that are suitable for investors. However, before choosing any particular neighbourhood, you should consider several factors such as the infrastructure, apartment’s resale value, transportation, social amenities and proximity to neighbourhoods. To get the ideal property, you must choose a reliable partner.
Blox is one of the country’s most premium real estate buying platforms. On this platform, you will find some of the best properties available in Mumbai and surrounding areas. Built by leading developers, these apartments comprise state-of-the-art amenities and features. The company will arrange a site visit according to your convenience. So check out these best places to invest in Mumbai to find a home that will make your life comfortable and elevate your standards of living.
