Which is the best place to buy property in Mumbai?

Where should I buy a house in Mumbai?

This is where you should buy your first home in Mumbai

Location Developer Configuration available within Rs 10-30 lakh
Karjat Brookseville 1 BHK
Palghar Axis Dwellings LLP 1,2 BHK
Mandor Developers 1 BHK
Parshv Homes 1,2 BHK

Which is the best area to live in Mumbai?

Here are our picks for the most inviting neighborhoods of Mumbai.

  1. Bandra Bandstand. Bandra is one of the most happening suburbs in the city and the bandstand area is home to the rich and famous. …
  2. Malabar Hill. …
  3. Altamount Road. …
  4. Hiranandani, Powai. …
  5. JVPD Scheme. …
  6. Pali Hill, Bandra. …
  7. Worli Sea Face. …
  8. Seven Bungalows, Versova.

Which is the best place to invest in property?

5 Best Indian Cities for You to Invest in Land

  • Highlights.
  • Land is a versatile asset with high returns.
  • Buy land in Hyderabad & Bengaluru for connectivity.
  • Choose Chennai & Pune for future prospects.
  • Purchase land in Kolkata at competitive rates.

Which city is best for buying property?

According to ANAROCK, the Mumbai Metropolitan Region (MMR), Bengaluru and Pune are currently the top three markets for buying homes both for end-use and investment, with potentially satisfactory price appreciation over the next 5-10 years.

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How much salary do I need to buy a house in Mumbai?

Those with income of ₹ 20 lakh or above should buy a property in the city. 3. Time for accumulating down payment is just 5.8 years in Bengaluru. Those with income of more than 15 lakh per annum can buy a property in the city.

Which place is good for investment in Mumbai?

The area is ideal for homebuyers looking for low-cost homes in Mumbai.

Top 5 emerging locations to invest in Mumbai in 2021.

Average price movement in the localities
Locality Average capital price (per sq ft) Price Change, YoY
Andheri (East) Rs 18,600 2%
Malad (West) Rs 17,400 4%
Virar Rs 5,350 4%

Where do middle class live in Mumbai?

Chembur is one of the best localities to live or purchase the property for a middle-class family in Mumbai. The localities in the South Mumbai region are highly expensive such as Malabar Hills, Bandra, Worli and other parts like Andheri, Powai, etc are out of reach for a middle-class family.

Which is posh area in Mumbai?

1. South Mumbai

Most Posh Areas in South Mumbai Average Property Price (per sqft.)
Cuffe Parade Rs.54,800
Walkeshwar Rs.52,500
Cumbala Hill Rs.50,300
Tardeo Rs.41,300

Where is the cheapest property in India?

Top 4 affordable housing cities in India

  • Hyderabad. With Hyderabad reinventing itself as a key real estate market, the city has emerged as the most affordable amongst all metros. …
  • Navi Mumbai. …
  • Ghaziabad. …
  • Kolkata.

Where in India Should I buy a house?

5 Affordable cities to buy or rent a house in India

  • Indore, Madhya Pradesh. Real estate has seen a big boom in Indore of late. …
  • Jaipur, Rajasthan. Jaipur is an ideal place for owning or renting a property. …
  • Ahmedabad, Gujarat. …
  • Kochi, Kerala. …
  • Hyderabad, Telengana.
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Which investment is best and safe?

Comparison of Top Safe and Return Investments in India

Investment Return Potential Suitable for
Capital Guarantee Plan Moderate-High All
Public Provident Fund (PPF) High Risk-averse investors
Bank FDs Medium Risk-averse investors
NPS High All