Low cost Residential properties in Mumbai
We have gone through a rough area of recession of the century for Real estate sector and market. The prices sank to all-time lows, with returns dipping below investments. However,post mid-2009, the property market has regained momentum - not only in India, but also around the world. Practically every metro across the world has witnessed a surge in property sale / lease. Especially, Mumbai, Hong Kong, Singapore, London, and New York. When it comes to Mumbai, I can dream of wonderful Flat P\positioned in some of the most stunning sea facing area like Nariman Point, Marine Drive etc one could picture. But getting a property in Mumbaiis equally difficult. The most important criteria for property, especially in South Mumbai, are: Money, Money, and Money.
Properties in Mumbai, be it residential or commercial, does not come cheap. And where there is huge money concerned, fraud automatically follows. One should be utmost mindful while getting / marketing / leasing real estate in metros, especially like Mumbai. Hence you should always take support from expert agencies / brokers for offering real suggestions and assistance is all sorts of dealings in real estate in and close to Mumbai.
Cost-effective housing in Mumbai has become not only a Joke amongst most of us but it is a like a dream to be satisfied. Owning a house in this city of dreams despite sky high costs and rising EMI rates, the Mumbai Real Estate sector is still undergoing a boom. A number of builders are targeting areas where they are able to offer affordable homes to all. In Mumbai, some of the areas where owning a house has become quite easy are Navi Mumbai, Vasai, Khopoli, Virar, Panvel, Mira Road and more of the western and central suburb areas.
The Apartment/ Flats rates start as low as Rs 25 lacs and goes up to 45 lacs depending on the number of Bedrooms and other Amenties available. These amenities contain car parking space, garden, Security, Club house, Gymnasiums and other social utility things. Various Developers are developing their projects in such a way to specifically goal the Lower Income Groups and Economically Weaker Sections. 1BHK flats are readily available for around 25 to 30 lacs and as the number of bedrooms enhance, the price of the flat also increases massively.
The most critical thing today is to produce low cost flats or low budget apartments for all the people living in the city. Mumbai has the best rate of cost of dwelling in India and Mumbai is the most demanding place not only in India but in the worlds Real estate market. Whether it is for education, career, jobs or whatever the reason be it has seen, optimum number of people attempting to find there dreams each day here. Not many of them are in a position to obtain flats that are at a high fee.
Properties in Mumbai, be it residential or commercial, does not come cheap. And where there is huge money concerned, fraud automatically follows. One should be utmost mindful while getting / marketing / leasing real estate in metros, especially like Mumbai. Hence you should always take support from expert agencies / brokers for offering real suggestions and assistance is all sorts of dealings in real estate in and close to Mumbai.
Cost-effective housing in Mumbai has become not only a Joke amongst most of us but it is a like a dream to be satisfied. Owning a house in this city of dreams despite sky high costs and rising EMI rates, the Mumbai Real Estate sector is still undergoing a boom. A number of builders are targeting areas where they are able to offer affordable homes to all. In Mumbai, some of the areas where owning a house has become quite easy are Navi Mumbai, Vasai, Khopoli, Virar, Panvel, Mira Road and more of the western and central suburb areas.
The Apartment/ Flats rates start as low as Rs 25 lacs and goes up to 45 lacs depending on the number of Bedrooms and other Amenties available. These amenities contain car parking space, garden, Security, Club house, Gymnasiums and other social utility things. Various Developers are developing their projects in such a way to specifically goal the Lower Income Groups and Economically Weaker Sections. 1BHK flats are readily available for around 25 to 30 lacs and as the number of bedrooms enhance, the price of the flat also increases massively.
The most critical thing today is to produce low cost flats or low budget apartments for all the people living in the city. Mumbai has the best rate of cost of dwelling in India and Mumbai is the most demanding place not only in India but in the worlds Real estate market. Whether it is for education, career, jobs or whatever the reason be it has seen, optimum number of people attempting to find there dreams each day here. Not many of them are in a position to obtain flats that are at a high fee.
Source...