top destinations to buy a property in mumbai

 

Mumbai, the financial capital of India, holds a special place in the hearts of many Indians. Mumbai is also a city that never sleeps. It was originally called Bombay but later renamed Mumbai. Mumbai is a bustling commercial center known as the City of Seven Islands. Apart from its economic significance, the residential apartments in Mumbai offer excellent investment opportunities. To buy a property in Mumbai you have to discover the top destinations for Investment. Before exploring the top real estate investment destinations, let’s first understand the city of Mumbai.

Mumbai is divided into two main parts: North Mumbai and South Mumbai. South Mumbai covers areas from Sion to Colaba and Marine Drive, while North Mumbai includes the rest of the part to places like Borivali, Mulund, and Mankhurd. Understanding these distinctions will help us identify Mumbai’s best real estate investment options.

Traffic has always been a major concern in Mumbai, but things are improving with improved road connectivity and transportation options. New metro routes have recently been opened for the public, making commuting easier. The local train system is the lifeline of Mumbai and has seen significant advancements. Life in Mumbai has greatly improved with better transportation options, including local trains, metro trains, buses, and private transportation.

Mumbai is surrounded by the sea, making it unique and picturesque. The sea-facing areas in Mumbai add to its beauty and distinguish it from other cities in India. The stunning sea views contribute to the charm of Mumbai’s skyline. So, Mumbai is the best city to live in and also the best option to invest in.

As I mentioned, Mumbai is divided into two parts: South Mumbai and North Mumbai. South Mumbai properties are more expensive compared to North Mumbai. In areas like Colaba, Marine Drive, Malabar Hill, and Worli, you’ll find some of the most upscale neighborhoods that are more demandable in Mumbai and all of India. On the other hand, North Mumbai is relatively more affordable than South Mumbai. However, North Mumbai is still desirable to live in. It has its significance and importance.

North Mumbai is famous for being the hub of the Bollywood industry, and many film stars reside here. The International Airport is also located in North Mumbai. North Mumbai has its charm with beautiful beaches, gardens, shopping malls, renowned sports and educational complexes. It offers numerous advantages and is a great place to live and invest.

South Mumbai and North Mumbai each offer a distinct charm, making selecting based on your budget, preferences, and desired lifestyle easier. Regardless of which part you choose for real estate investment in Mumbai, it has much to offer, making it a vibrant and exciting city.

Today we will explore more about the growing and developing areas of North Mumbai that are best for investment and also for living.

The top areas of to buy a property in Mumbai are as follows.  

Andheri

Andheri is located in North Mumbai and is divided into two parts, Andheri East and Andheri West, with the Andheri station as the dividing point. Andheri East is Mumbai’s largest commercial hub and the International Airport. The Blue metro line runs east to west, connecting Andheri and Ghatkopar. On the other hand, Andheri West has its share of commercial sectors. However, it is more known for its luxury residential apartments and houses, especially the sea-facing apartments that make it a popular residential hub.

In terms of connectivity, Andheri is incredibly well-connected, not just within Mumbai or India but also with the rest of the world. It boasts an airport, an express train station, a local train station, and three metro train routes. This connectivity makes it easy to travel to various domestic and international destinations. Additionally, Andheri is home to several well-developed and renowned educational and sports complexes, providing a wholesome living experience for its residents. Whether you are looking for a vibrant commercial area or a serene residential neighborhood with a sea view, Andheri has something to offer everyone. The most famous thing about Andheri is the breweries and pubs. 

Bandra

Bandra has a rich historical background dating back centuries. In 1534, it faced destruction by the Mediterranean pirate Diego da Silveira, and subsequently, it came under the rule of Portuguese Goa. Over the years, Bandra witnessed the control of various rulers, including the British, Marathas, and again the British. After India’s Independence, it became a part of Bombay State. Being one of the oldest towns in India, Bandra holds significant historical value.

Following Independence, Bandra experienced remarkable development, especially with establishment of the Bandra Kurla Complex (BKC). BKC has transformed Bandra into a prominent commercial hub in Mumbai and throughout India. Many major business headquarters are now located in BKC, contributing to the city’s economic growth and prominence in the corporate world. Bandra’s journey from an ancient town to a thriving modern commercial center showcases its resilience and adaptability throughout the ages.

Bandra is not just a bustling commercial hub but also a paradise for luxury apartments and lavish bungalows. The Turner Road area in Bandra West and Carter’s Road is a prime location for luxury apartments. Along the road from Bandra station to St. Andrew’s Church, you’ll find a vibrant mix of markets and luxury living spaces. Bandra perfectly blends natural beauty and modern amenities with well-developed joggers’ parks and beach walks.

The reclamation area in Bandra boasts breathtaking sea views, including the stunning Bandra-Worli Sea Link. Beyond luxury apartments, Bandra is renowned for its excellent schools, colleges, and sports complexes. Being the heart of Bollywood, many celebrities also call Bandra their home. The area is well-connected with local railway stations and a main terminal, serving express trains to different parts of India.

Moreover, Bandra offers easy access to the harbor line trains, connecting to Wadala Road Station. With its vibrant lifestyle, scenic beauty, and top-notch amenities, Bandra has become a sought-after destination for those seeking luxury and convenience in the bustling city of Mumbai.

Bandra is an excellent choice for property investment, combining the best natural beauty with a vibrant residential and commercial hub. Whether you’re looking for a luxurious apartment, excellent transportation connectivity, top-notch education, entertainment options, tourist attractions, or healthcare facilities, Bandra has it all to provide you with a comfortable and luxurious lifestyle. Considering all these factors, it’s no surprise that Bandra is regarded as one of the most lucrative destinations for property investment.

Mulund

Mulund is an area that acts as a connecting point between Mumbai Suburban and Thane districts. It is surrounded by the Navi Mumbai, Thane, and Raigad districts, making it easily accessible from various parts. On the west side of Mulund, you’ll find the Mulund hills, offering a picturesque green view from the windows of many apartments in the area. Mulund serves as the entrance to Mumbai city and is home to numerous factories and industries, particularly along LBS Marg in Mulund West. Alongside its industrial presence, Mulund boasts a range of amenities, including theatres, shopping malls, gardens, luxury apartments, schools, colleges, and educational complexes. It also offers commercial spaces, making it a well-rounded and attractive location for residents and investors.

Mulund is witnessing the development of an essential underground road project connecting it to the western suburbs, currently under construction. As part of Mumbai City, Mulund presents exceptional connectivity options, luxurious apartments with stunning hill views, and an extensive array of amenities and facilities, creating an ideal investment destination. Numerous luxury apartments are being constructed on both sides of Mulund, whether Mulund East or Mulund West, offering a peaceful and serene environment for families to relax and enjoy. With all these advantages, Mulund is one of the prime locations to invest in a Real Estate property in Mumbai.

In Conclusion, Mumbai, the financial capital of India, offers excellent real estate investment opportunities in both North and South Mumbai. Life in Mumbai has become more convenient with improved road connectivity and transportation options. The city’s sea-facing areas add to its unique charm. South Mumbai properties are expensive, especially in upscale neighborhoods like Colaba and Marine Drive. North Mumbai, however, is more affordable and offers advantages like Bollywood’s presence, educational institutions, and sports complexes. Andheri is a prominent location with a bustling commercial hub in the east and luxurious apartments in the west. With its rich historical background, Bandra has transformed into a thriving commercial center with luxury apartments and excellent amenities. Mulund, connected to various districts, offers a mix of industrial presence and residential conveniences, making it a lucrative investment destination. With ongoing infrastructure projects and various attractions, these areas are top choices for investing in Mumbai’s real estate market or to buy a property in Mumbai.

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