Flats for Sale in Mumbai | Apartments in Mumbai for Sale

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

Mumbai has a dynamic job market with Multinations companies creating employment opportunities and consecutively causing demand for residential properties.
Mumbai possesses an excellent Infrastructure and connectivity which makes it an ideal Real estate investment.
Historically speaking, the property rates in Mumbai has consistently appreciated particularly in places like Powai, Bandra, and South Mumbai.
The scarcity of land and strong demand for properties drive the consistent appreciation in property values.
Mumbai has a rich portfolio of properties to suit diverse budget and taste.
Rental properties in Mumbai have strong demand, earning consistent and good rental yield, and hence are a profitable investment for buyers and investors.
Mumbai provides a contemporary lifestyle with a range of facilities and amenities like world-class educational institutions, medical facilities, and entertainment avenues.
With proposed infrastructure developments like the Mumbai Trans Harbour Link and metro extensions, increasing connectivity and accessibility there is great potential for a profitable appreciation in property prices.

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

Frequently Asked Questions

Why should I invest in a flat in Mumbai?

Mumbai is India’s financial capital, offering numerous employment opportunities, leading to consistent demand for properties, therefore, investing in property in Mumbai would be a profitable venture.

What are the best locations to buy a flat in Mumbai?

South Mumbai, Bandra, Andheri, Goregaon, Chembur, Powai, Navi Mumbai, etc are some of the best locations to buy a flat in Mumbai.

What types of flats are available for sale in Mumbai?

Mumbai offers flats, studio apartments, gated community flats etc.

What are the average property prices in Mumbai?

The average property prices range from Rs 17,000 per sq ft to Rs 22,000 per sq ft.

What are the financing options available for buying a flat in Mumbai?

You could take home loans or look into developer financing to buy a flat in Mumbai.

What are RERA-approved projects in Mumbai?

Some RERA-approved projects in Mumbai are Piramal Mahalaxmi, Godrej Reserve Kandivali East, L&T Elixir Reserve, etc.

What are the legal documents required for buying a flat in Mumbai?

You need to have various legal documents like a Title Deed, Sale Deed, Encumbrance certificate, Occupancy Certificate, Approved building plan, Property Tax receipts, Mother Deed, Sale Agreement, completion certificate, Khata Certificate etc.

Can NRIs buy property in Mumbai?

Yes adhering to certain guidelines, NRIs can buy residential and commercial properties in Mumbai.

Is it better to buy a new flat or a resale flat in Mumbai?

It depends on your own needs and budget to decide which one would be better.

What are the best real estate developers in Mumbai?

Lodha Group, Oberoi Realty, K Raheja Corp, L & T Realty are some of the best real estate developers in Mumbai.

What are the upcoming residential projects in Mumbai?

While a number of residential projects are going on in Mumbai, some notable projects are Integrated Ramicon in Goregaon West, Godrej Reserve in Kandivali.