The Right Time To Invest in Mumbai’s Real Estate Has Come

Property investors strongly feel that investing in a property in Mumbai is a good decision for life. Irrespective of the location you will be able to earn high capital gains by investing in property in here. High-end buyers can invest in locales like Colaba, Cuffe Parade and Nepean Sea Road. But with the shortage of land in south and north Mumbai, the city is growing towards the north in suburban locations too. There are plenty of new properties in Mumbai which offer the best in class living. This makes these localities a favoured investment choice. \

Most new projects are high-rise and residential towers comprising plenty of dwelling units with varying facilities. On account of enormous pressure for providing housing for its residents and the migrants, government is going one step further to increase the supply of flats for sale in Mumbai. As a result of massive urbanization in the suburbs, Mumbai is predicted to see quite high demand for residential space. The market of Mumbai offers high investment returns to the investors including property investors. This is actually the core reason why Mumbai is exerting a pull-on investor throughout the India and world alike. Property investors do have adequate incentives to invest in the Mumbai real estate market.

While 2017 was a year of legal amendments in the property sector, 2018 will be the year of reaping the benefits of the amendments. The implementation of GST, RERA and the demonetization drive has made real estate friendly and transparent for buyers. The confusion and lack of clarity were palpable till the end of 2017; the beginning of 2018 promises clarity and a hope for genuine buyers: increased transparency and lower home loan interest rates. All this makes 2018 the ideal year to invest in real estate. A good chunk of the earning population invests their money in real estate projects – either for personal use or investment purposes. The buyers who were sitting on the side-lines waiting for the opportune moment to invest are now ready to make their move.

While majority of your price on the property can be funded with home loans, the buyer still needs to invest a certain amount of fund from one’s end for the booking amount. Buyers should invest a monthly amount in lucrative investment schemes. Over the years, the principle amount increases, and the returns can be reaped by the investor. The amount received at the end of this investment can be used a booking amount by home-buyers. Some buyers invest more than the minimum booking amount as down payment which reduces their loan amount and thereby the value of EMI.

With proper planning and knowledge, he can make the process relatively easy. With the migration to major cities in increasing on an exponential percentage, investing in real estate is the best and safest method for long-term returns. 

Ghatkopar - Your Choice of Residence

An important suburb of Eastern Mumbai, Ghatkopar is a place people fondly remembered for its food, amongst other things. Ghatkopar is clearly demarcated into Ghatkopar East and Ghatkopar West. While the Ghatkopar East area is predominantly a residential neighbourhood, Ghatkopar West is the commercial hub with a myriad of shopping options, restaurants and entertainment options. Albeit the location, flats in Ghatkopar are very sought-after for obvious reasons. 

Ghatkopar West has now become even more accessible than before, thanks to the Metro which links it to Andheri. It is also connected to Thane and Navi Mumbai via roadways. The LBS road, is the most important road in the area, since it connects Ghatkopar to the rest of the city. Apart from that, the local train service to and from Ghatkopar is great and sees a massive chunk of passengers using it for their daily commute. 

Location Salience:

Connectivity

With the presence of Metro services, local railway network, bus facilities and important roadways, Ghatkopar is a well-connected suburb. This quality, essentially, is the most pivotal reason for people to invest in flats in Ghatkopar. 

Lifestyle

From malls like the R Odeon Mall, Garodia Shopping Center and The Platinum, to fine dine restaurants that people often frequent; Ghatkopar has no dearth of options when it comes to recreational activities. 

Important Services

There are several renowned schools and educational institutions present in Ghatkopar, like Ramniranjan Jhunjhunwala College, that attract many students, year after year from all over the city. There are also many well-known hospitals in the vicinity that offer good health care services for the residents of Ghatkopar. 

Be it 3 BHKs in Ghatkopar or smaller flats, this suburb is replete with different home options that will suit the ever-growing needs of today’s home buyers. Ghatkopar’s real estate has been steadily rising from the past few years owing to the recent infrastructural development. This makes, the suburb a hot spot of investment and thus, flats in Ghatkopar are fast-selling. It would be the right time to invest in properties in Ghatkopar or make a home here from the end-user perspective since, Ghatkopar is only growing into a more beautiful suburb by the day. 

Choosing Your Right Home in Mumbai

With major commercial expansion Mumbai, the city is becoming the go-to destination for many Multi-National Companies and aspiring young entrepreneurs. Mumbai has the highest GDP in India and is the richest city of the country.

In 2017, there was a slump in the real estate market that gave a ray of hope to the lakhs of people looking to buy a home. They hoped this would be the beginning of the prices stabilizing to more affordable levels. However, this year the scenario is quite depressing for the average home buyer. The prices saw a rise and home prices in Mumbai and Pune as well as the National capital region have risen by 15 to 50%.

Too many people, but too little space to live in, Mumbai is one such city where despite of all clumsiness people still choose to exile here. The search for residential projects in Mumbai is constantly climbing the ladder and people are constantly looking for new investments. While finding the perfect home for their families, people often search for an apartment that is spacious and comes with a reasonable price tag. It is very important to choose the right real estate developers to make sure you find a trusted home. Proper documentation, customer satisfaction and the quality of homes is all what matter while you purchase a flat. And, the right developer will take care of all such needs.

One such trusted developer is The Wadhwa Group, a giant real estate player in Mumbai that ha a legacy of over half a century. They have been trustworthy among their customers and are known to create homes that designed to uplift lifestyles. They have state-of-the-art upcoming and completed projects at Mulund, Ghatkopar, Kalwa, Goregaon and Thane. So, finding a 2 BHK or 3 BHK in Mulund is much easier at The Wadhwa Group’s Atmosphere has offers staring from just Rs.1.81 Cr* that’s all worth the apartments. The homes are created with the developer’s special Design Philosophy that make it a unique feature of the project.

So, if you are looking to buy a home in Mumbai soon, make sure you have are known to all the intricacies of buying a home in Mumbai.