Table of Contents
Why should you Invest in Mumbai Real Estate?
We have already established that Mumbai is the city of dreams, it's the Universal truth. And being the financial capital of India offering ample employment opportunities, people from all over India, go to Mumbai, to make their dream come true. Now the question is, why should you invest in Mumbai Real estate?
Mumbai is developing at a significant rate with robust infrastructure contributing to the Real Estate Market. And with people trickling in from all over the country, there is a high rental demand and consequently potential for significant appreciation. With the strong economic growth of Mumbai and a potential for significant returns, Mumbai makes for an opportunistic investment option for buyers and Investors.
Let’s discover below what kind of apartments and houses are available in Mumbai to help you buy your perfect home:
Top reasons to Invest in Mumbai Real Estate
Types of Apartments in Mumbai for Sale
Affordable Flats in Mumbai – Budget-Friendly Options
Mumbai offers a range of affordable budget friendly options in various areas. Check out the list below for various budget friendly options in different areas:
| Areas | Starting Price | Landmarks |
|---|---|---|
| Dombivali | 45 Lakhs for a 1 BHK | Palava City, KDMC Sports Complex, Xperia Mall |
| Panvel | ₹33 Lakhs for a 1 BHK | Panvel Railway Station, Karnala Bird Sanctuary, Adai Waterfall |
| Virar | 30 Lakhs for a 1 BHK | Arnala Beach, Yazoo Park |
| Thane | 55 Lakhs for a 1 BHK | Kalyan Fort, Durgadi Fort, Metro Junction Mall |
| Navi Mumbai | ₹62 Lakhs for a 1 BHK | Central Park, Kharghar, CIDCO Exhibition Centre |
| Mira Road | ₹55 Lakhs for a 1 BHK | Sanjay Gandhi National Park, Miraj Cinemas |
| Bhiwandi | 28 Lakhs for a 1 BHK | Bhiwandi Nizampur City Municipal Corporation, Kasheli Bridge |
| Ulwe | 23 Lakhs for a 1 BHK | Navi Mumbai International Airport (upcoming), Ramsheth Thakur International Sports Complex |
| Ambernath | ₹37 Lakhs for a 1 BHK | Shiv Mandir, Chikhloli Dam |
| Kharghar | 48 Lakhs for a 1 BHK | Central Park, ISKCON Temple, Kharghar Hills |
Luxury Apartments in Mumbai – Premium Living Spaces
There are various Luxury apartments available in Mumbai to cater to the opulent buyers. Here is a list of some notable luxury apartments in Mumbai:
| Apartment name | Location | Price Range (INR) |
|---|---|---|
| Antilia | Altamount Road | 15,000 Cr+ |
| Lodha Altamount | Altamount Road | ₹20 Cr - ₹40 Cr |
| Lodha World One | Lower Parel | ₹6 Cr - ₹25 Cr |
| Oberoi Sky City | Borivali East | 2.5 Cr - ₹6 Cr |
| Godrej Residence | Mahalaxmi | 4 Cr - ₹10 Cr |
Ready-to-Move Flats in Mumbai vs. Under-Construction Flats
| Features | Ready to move in Flats | Under construction Flats |
|---|---|---|
| Definition | Fully constructed and available for immediate occupancy | Not yet completed; buyers invest before the project is finished. |
| Immediate Possession | Yes, you can move in as soon as the purchase is complete. | No, you must wait until construction is completed. |
| Price | Generally higher due to immediate availability. | Often lower initial cost, but prices may increase by the time of completion. |
| Quality Assurance | You can visit the property and check the quality before the purchase | Quality may be uncertain; you have to rely on the developer's reputation and past projects. |
| Customization | Limited or no customization options available. | Potential for customization based on the stage of construction. |
| Loan Eligibility | Easier to secure home loans as the property is ready. | May face challenges in loan approval until certain construction milestones are met. |
| Maintenance Costs | Immediate maintenance costs may apply. | Maintenance costs may be lower initially, but can increase once the project is completed. |
| Investment Appreciation | Limited potential for appreciation post-purchase. | Higher potential for appreciation as the project nears completion and demand increases. |
| Developer Reputation | Easier to evaluate based on completed projects. | Requires research on the developer’s track record and reliability. |
| Amenities | Amenities are available for use immediately. | Amenities may not be ready until the project is completed. |
| Market Demand | High demand in established areas; may have limited options. | Potential for better deals in emerging areas with future growth prospects. |
| Risk Factor | Lower risk as the property is already built. | Higher risk due to potential delays, changes in market conditions, or developer issues. |
Best Areas to Buy a Flat in Mumbai
Mumbai offers a number of flats and apartments in various areas. Here are some of the best area where you can buy flats, apartments, Villas, luxury apartments, as well as sea facing apartments in Mumbai.
Flats for Sale in South Mumbai – The Elite Choice
South Mumbai, is One of the most opulent areas with iconic neighborhoods like Malabar Hill, Cuffe Parade, and Marine Drive. It is an elite area that offers premium luxury flats, villas, and sea-facing apartments. The area also offers excellent infrastructure, and you can access premium facilities and amenities. The area also offers proximity to business districts and it is the best and top most choice for high net worth individuals.
Flats in Bandra for Sale – A Perfect Blend of Lifestyle & Investment
The queen of Suburbs aka bandra offers modern lifestyle along with high return on real estate investment. Bandra houses top restaurants, shopping hubs, and a vibrant nightlife making it is the top choice for the celebrities and young individuals
Flats in Andheri for Sale – Connectivity & Affordability
Andheri offers a mix of affordable housing options to stunning luxurious apartments as well as seamless connectivity via the Western Express Highway, metro rail, and also offers proximity to major business districts like BKC and Powai, which makes it an ideal choice for working professionals and families.
Flats for Sale Near Metro Stations – Convenience at Its Best
If you’re someone looking for easy commute, buying flats near metro stations will be an ideal choice. With Mumbai’s expanding metro network, and the convenience of easy connectivity, properties near metro stations have been high in demand. Investing in a property near metro station has a sure increased property value appreciation and a greatresale value dueto convenience and accessibility.
Sea-Facing Flats in Mumbai for Sale – A Dream View
Mumbai with its majestic sea and stunning sky line, what better place than to have a sea facing flat in Mumbai? Properties near the coast are the perfect place to not only enjoy the sunsets but also enhances the beauty of everyday living. They are also high in demand that leads to a high appreciation in property values, also making it a profitable investment venture.
Gated Community Flats in Mumbai – Safety & Luxury Combined
Flats in gated communities offer luxury and safety due to the 24/7 security, surveillance systems, and controlled access. In addition, they also offer high end amenities and facilities like swimming pools, gyms, landscaped gardens, and recreational areas.
Upcoming RERA Approved Projects in Mumbai
Here, we list out the the top residential properties for sale:
Residential Property in Mumbai
Top-selling Residential properties in Mumbai include:
Godrej Reserve Kandivali East | Residential Property
The residential project Godrej Reserve Kandivali East offers 2 BHK flats, 3 BHK fltas, & 4 BHK apartments with resort-like living in an urban neighbourhood. These state of the art luxury apartments offer amenities and facilities like forest retreat, tropical oasis, green acres, and spring terraces. Godrej Reserve Kandivali East offers seamless connectivity with the upcoming Mumbai Coastal Road, and Goregaon - Mulund Link Road.
| Type of Property | Residential Property |
|---|---|
| Builder Name | Godrej Properties |
| Date of Possession | June 2030 |
| RERA Registration Number | P51800054703 |
| Strategic Location | Mumbai Coastal Road, Goregaon - Mulund Link Road. |
| Starting Price* | on request |
Piramal Mahalaxmi | Residential Property
Primal mahalaxmi is a 4 acre residential project located in Mumbai comprising 3 high rise towers, namely the south tower, the central tower and the north tower. This Luxurious Property offers various amenities like a fitness centre, swimming pool, club house, observatory deck, clubhouse lounge, grand lawn, spa, toddler’s room, and library.
| Type of Property | Residential Property |
|---|---|
| Builder Name | Piramal Realty |
| Date of Possession | *** |
| RERA Registration Number | P51900015854, P51900016482, P51900021057 |
| Strategic Location | |
| Starting Price* | *** |
Mahindra Codename GreenLife | Residential Property
Mahindra Codename Greenline is a residential project surrounded by greenery with a climate conscious layout and interiors as well as a range of amenities and facilities such As lush green landscape as well as clubhouse roof. Multilevel park parking.
| Type of Property | Residential Property |
|---|---|
| Builder Name | Mahindra Lifespaces Developers |
| Date of Possession | December, 2028 |
| RERA Registration Number | P51700076963 |
| Strategic Location | ₹ 49.5 lac onwards |
| Starting Price* | Mumbai - Nashik Expressway |
L&T Elixir Reserve | Residential property
L&T Elixir Reserve is a renowned residential project that offers 2 BHK, 3 BHK, and 4 BHK luxury apartments in Powai, in the heart of Mumbai. The property is surrounded by forest, a lake, and a hillock along and has modern architectural interiors. It offers a range of amenities and facilities like swimming pool, rooftop tennis court, squash court, swimming pool, jogging track, cycling track, reflexology path, jacuzzi, futsal court, juice bar and many more for peaceful living
| Type of Property | Residential Property |
|---|---|
| Builder Name | L&T Realty |
| Date of Possession | June, 2025 |
| RERA Registration Number | P51800033618, P51800033984, P51800034053, P51800055488 |
| Strategic Location | JVL Road |
| Starting Price* | on request |