Mumbai real estate market has been witnessing an upward trend for quite some time now. There have been initiatives from Government to improve the physical infrastructure of the city. With presence of Western Expressway, Eastern Expressway, present and upcoming metro line and of course, the vast railway and bus network contributes to the strength of the physical infrastructure.
Undoubtedly, the city sees a huge influx of immigrants from all over the country, which results in rising demand for rental properties. Besides that, commercial and residential real estate market have grown as well. According to reports in Financial Express dated somewhere in August 2023, "a majority of property sales occurred in the Western suburbs." Malad and Kandivali have seen an increase in housing demand.
There is also a surge in demand for luxury homes especially from NRIs looking to invest here. If you are looking for investment options in Mumbai, now is the right time. There is nothing but growth predicted for real estate market in Mumbai, you might as well want to tap on to it.
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Authors Of The Question
How is the real estate market of Mumbai?
Elitehubs01
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1 Answers
1 Year
2023-08-22T15:52:17+00:00 2023-08-23T14:00:10+00:00Comment
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