which area in mumbai can be more lucrative as an investment & also very convinient from commuting angle?
2007-01-01 17:31:12 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing
I am not sure where you work, and what your budgets are. The following areas in Mumbai are value for money - many analysts predict appreciation in prices in the coming years in the folliwng areas:
1. Thane (properties at Hiranandani, Neelkanth and Vijay Group)
2. Navi Mumbai (suggest Nerul and CBD Belapur) - even of you work in the southern part of the city, driving down is not so much of a pain as on the Western Express Highway
3. Goregaon (New projects at Aarey colony are enticing) - the rest of the Western Line is saturated and overpriced
4. Mulund Bhandup
2007-01-01 17:54:23 · answer #1 · answered by cynicaltushar 2 · 0⤊ 0⤋
the real estate sector is booming day by day, and it is a very lucrative investment, But the basic thing is that in and around Mumbai where r u getting the land for investment. The land near main road is the best investment but perhaps it is not available, U will have to go for Flats/Complex built by the builders at the fancy price, It is advisable to buy those but at a normal rate, after due negotiations, because now a days the maintenance charges for the society is too high, and paying it Will not give u attractive returns,
Regarding areas in Mumbai, it is well suggested by others.
THANKS
2007-01-01 22:25:55 · answer #2 · answered by AVANISH JI 5 · 0⤊ 0⤋
Real estate always appreciates in value no matter what location. Find areas at the outskirts of the city , but not very far from it. The population is growing and so ill be the need for new homes. Grab the opportunity now.
2007-01-01 17:42:06 · answer #3 · answered by ? 7 · 0⤊ 0⤋
yes
2007-01-01 17:38:45 · answer #4 · answered by Anonymous · 0⤊ 0⤋