Article

5 Best Places to buy Luxury Properties in Mumbai

Written by Rea Setia

Topic: Real EstatePublished July 27, 2020
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Once an archipelago of seven islands, Mumbai has now emerged as one of the biggest metropolitan cities in the world. The city has experienced high-paced economical and infrastructural development and established itself as the financial capital of India that nourishes the dreams and desires of millions of people. Mumbai enthrals people with its obscured magic and lures them to take a decision of building their life and career in the city. This has significantly increased the demand of residential as well as commercial properties that has eventually boosted the city’s real estate market. As per the top architectural firms in India, Mumbai is one of the most expensive real estate markets in the world. However, this does not restrict people from spending lavishly and ambitiously as the demand for luxury properties in the city is increasing on a daily basis. Here are some of the best places in Mumbai to buy luxury properties: South Mumbai No special need to mention, South Mumbai is one of the most expensive living societies in the city. It offers people with a chance to share the neighbourhood with some of the biggest names in the country like the Ambani’s and Tata’s. As per the top housing architects in Mumbai, many affluent people and NRIs consider buying properties in this part of the city. For instance, luxury flats in South Mumbai boast the highest demand, far greater than any other area in the metropolitan. Juhu Primarily known for the famous (Juhu) chowpatty beach all over the country, Juhu is one of the upmarket neighbourhoods in Mumbai. It is one of the prime locations that houses many Bollywood celebrities and business personalities. Moreover, the best architects in Mumbai assert that Juhu offers great connectivity to other parts of the city, and thus, savours a great demand for luxury properties, especially duplexes. Bandra Also known as the queen of suburbs, Bandra connects Old Mumbai with other suburbs and savours great connectivity. The top residential architects in Mumbai assert that the area boasts a buzzing social as well as commercial infrastructure. For instance, the Bandra Kurla Complex (BKC) is one of the biggest corporate hubs in the city. Moreover, close proximity to the sea is one of the major reasons for the high demand for luxury properties in the area. Lower Parel Lower Parel is another commercial hub where many multi-national companies have setup their headquarters. Since many people prefer investing in residential properties near their workplace, the demand for properties has firmly risen in the area. Moreover, the top 10 architects in Mumbai believe that buying a luxury property in Lower Parel can also offer a good return on investment (ROI) to the homebuyers. Worli Worli is allegedly known as the most well-connected locality in Mumbai. Situated between BKC and Nariman point, it enjoys seamless connectivity to all the important business districts of the city. The top architects in Mumbai assert that most people look forward to buying luxurious sea-facing properties in this upmarket neighbourhood. Apart from the above-mentioned areas, the best architectural firms in India also offer luxury apartments and duplexes in some of the other posh locations in the city like Andheri West, Dadar East, Goregaon West, and Prabhadevi.

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