Mumbai is the capital city of
Maharashtra. It is also called “The Dream City” as it houses
Indian film industry, The Bollywood. Among locals, the city is also
famous as “Aamchi Mumbai.” A lot of people from all over the
world wish to travel to Mumbai for a number of reasons. Some want to
meet actors while others wishes to travel around the busiest city of
India. It has been a dream of many to be a full time residents of
Mumbai.
The city is also referred as the
Financial and commercial Capital of India. It generates more than 6%
of the total GDP that consists of factory, industry, income tax,
custom tax and foreign trade outputs. Until 5 decades ago, Mumbai
used to generate revenues through textile mills and seaports.
The city, in the last 3-4 decades, has
come on the international business map. Its huge business market
comprises of IT/ITES, textiles, entertainment, diamond-polishing,
leather processing, finance, engineering, gems & jewellery,
information technology and real estate market.
Speaking of real estate, Mumbai has
become the most desirable residential and commercial realty
destination in the country. People from all over the world vow to
live or start up their business in the city. The demand of office
market is so high that it is ranked as the third most expensive
office market across the globe. This demand has given a major push to
its residential market and thus, Mumbai and its suburbs markets have
witnessed a paradigm shift in real estate.
A significant number of real estate
developers have launched their projects in the city. Some of the
noteworthy developers are Lodha Group, Wadhwa Group, K Raheja Group,
Mittal Builders, HDIL, Solitaire Group, ACME Housing and Platinum
Real Estate Developer, to name some. Several residential and
commercial projects are available to in Mumbai and its suburbs to
cater all segments of people.
New Launches and the upcoming projects
in Mumbai, Builders in
India are the best properties to invest. The price of these
kinds of properties is considerably reasonable. As the development
progresses, the price of these apartments will continue to rise.
Real
estate in Mumbai has been attracting huge investments in recent
times, and the market has continued to witness a continuous upsurge.
It has helped investors to make a large profit. There was never a
good or bad time to invest in this market as it has always given good
returns. Whenever one thinks is ready to invest, that's the best time
to do it.
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