Also known as India’s financial capital, Mumbai is one of the most popular real estate destinations in the country. This city offers numerous employment opportunities to prospective job seekers and entrepreneurs. This has led to a rise in demand for residential and commercial spaces in Mumbai. As a result, many real estate developers are coming up with newly constructed housing projects with all modern amenities, such as Arkade Earth located at KanjurMarg East.
There are many luxury apartments in Mumbai where you can invest to earn high returns in the future or purchase a house to ensure a swanky lifestyle for yourself and your family. Here are a few pertinent reasons to validate why you should be buying a property in Mumbai.
Read More:Property Management
High Income & Growth Opportunities
Being the financial capital of India, Mumbai is dotted with head offices or main branches of several local and multinational companies, corporate houses, business enterprises, and IT parks. The city continues to offer several high-income jobs and is a great platform for professional growth for many decades.
Mumbai is one of the largest metropolitan cities of India with an efficient network of local transportation such as buses, taxis, automobiles, railways and metro services. The State Government (BUS, NMMT, TMT) offers a fast and reliable commute within the city and to the suburbs.
A Melting Pot of Various Cultures
India is known for its diversity throughout the world. Mumbai as a cosmopolitan city epitomizes this very characteristic of the country. In Mumbai, you can find people speaking different languages and find different cuisines to cater to people with different taste buds. Whether it’s the aura of Ganesh Chaturthi, colors of Holi, lavish wedding traditions or religious Marathi rituals, the city has everything in it to attract the people from all corners of the country.
The infrastructure of Mumbai has been developing at a rapid rate for many decades. Several ongoing or newly constructed infrastructural projects like Metro rail, Monorail, Eastern Freeway, etc. are improving the connectivity between the city and its suburbs and hence, fuelling the demand for housing properties in these areas.
Mumbai is witnessing a trend towards affordable housing to accommodate the growing population in the city. Many new residential projects are being built up in the city which are offering premium flats at reasonable rates. The real estate developers of Mumbai are also offering huge discounts on booking of apartments at these housing complexes at the time of launch.
Stable Returns on Investment
Many people purchase properties as a mode of investment. As per the historical trends, Mumbai leads the country in terms of providing favorable returns on real estate investments. Most of the developing localities of Mumbai such as Chembur East, Bandra East, and Vile Parle have the potential to generate very high returns through property investments in the near future.
If you are looking to invest in a residential property in Mumbai, Arkade Earth at KanjurMarg East can be a prudent option for you. It is well connected to all major parts of the city and offers some top-class amenities to its residents. You can purchase a 1 or 2 BHK flat here at prices starting just Rs. 85 lakh. In case you need any financial aid, you can opt for home loans by Bajaj Finserv Homes & Loans to avail funds at highly competitive interest rates.