Central Suburbs: Mumbai’s Key Hotspot for Real Estate Investments

Central Suburbs of Mumbai are witnessing a boom in real estate activity, with a 13% rise in property registrations in 2024. Driven by affordable pricing, excellent connectivity, and major infrastructure projects, the area has become a prime investment destination for both residential and commercial buyers.

29% of Homes Sold in Greater Mumbai Priced Above ₹2 Crore

A recent report revealed that 29% of homes sold in Greater Mumbai are priced above ₹2 crore, highlighting the city’s escalating affordability issues. The research, unveiled at the Excelerate 3.0 event, sheds light on the rising challenges in Mumbai’s real estate market, with key insights on pricing trends, transaction volumes, and inventory levels, while emphasizing the need for regulatory reforms and collaboration to address housing affordability.

Residential Rentals Surge in Mumbai’s Western Suburbs Amid High Demand

rental market in Mumbai’s western suburbs is seeing a sharp increase in prices, fueled by high demand and a limited supply of quality homes. Localities like Andheri, Goregaon, Malad, and Borivali are at the forefront of this trend, attracting both locals and expatriates seeking modern living spaces. Experts predict this upward trend will continue as infrastructure development progresses, creating lucrative opportunities for investors.