New residential projects in Mumbai: Biggest boon for offices
Mumbai is the financial hub of country and driving the maximum economic growth in comparison of rest of the cities. From past many decades, Mumbai is attracting the investors and it is the main reason for the success of this commercial hub. Many premium real estate developers are launching the new projects in Mumbai, which includes commercial projects in Mumbai as well as residential projects. Some of the upcoming projects in Mumbai are; Ornate Synergy in Andheri West, Hubtown Jewell in Andheri West, Kabra Jay Vikas in Malad West, Geeta Platinum in Mira Road and more.
In Mumbai, commercial and residential both projects are in huge demands and to cater the needs of people premium developers are developing the new projects for affordable as well as for luxury market. upcoming projects in Mumbai are reflecting the positive trend in real estate market of Mumbai and it includes commercial projects in Mumbai and as well as residential projects. According to real estate developers if end user and investors are looking for new investment, so it’s good time to buy the property in Mumbai. Investing in new projects in Mumbai can bring the good returns in future because real estate market of Mumbai is the most favorite destination of investors, no matter they are from India of they are NRIs. Some developers such as; Manohar Vikas Group, Mohan Group, Poddar Group and Ankita Builders are constructing the premium as well as affordable projects in Mumbai.
Features of upcoming projects in Mumbai:
Mumbai is place, where the cost of residential as well as commercial project prices are not less than London and New York, in short we can say that Mumbai is the hottest property destination in the world. Mumbai always shows the latest trend of real estate sector, and even after that developers are willing to construct the affordable projects in Mumbai and now even Indian Government is taking the initiative to offer the affordable housing for the residents of India. New projects in Mumbai are available in different range according to the need of customer. The latest trend in real estate has made middle and upper middle level to come to together and make the investment in real estate sector to get the best outcome of their money. Thane, Navi Mumbai and central Mumbai is the favorite destination for who want to invest in commercial projects in Mumbai.
On the other side developers are playing with the decision of investors and end-users by launching the new lucrative schemes for commercial projects in Mumbai and upcoming projects in Mumbai, Even now to clear the old inventory of real estate projects developers are ready to negotiate and offer the gifts such as; free registration, car, AC, modular kitchen and more. New projects in Mumbai are the great option for new investment because it could bring the good ROI in future.
The Government has proposed to clear large part of the Mumbai Port Trust Land for commercial, recreational and residential purposes. This is reminiscent of the old plan to provide defunct mill land in Lower Parel to construct residential and retail projects.
Are we seeing the beginning of a new movement in Mumbai’s real estate which could change the property map of our megapolis?
If the state implements its plans, the Eastern seaboard of the port city should experience a metamorphosis. In fact, this reinvention would extend to most of the railway line bordering the Arabian Sea.
It appears that certain areas neighboring MPTL have sensed the changing waves and steered their development routes to meet the exciting renovation.
Residential projects have begun to emerge in areas like Wadala, Byculla and Sewri. These promise to harbor citizens in abodes that will allow them spectacular views of the MPTL and other areas of the Eastern shore.
New developments by renowned developers like Peninsula Land Limited, Godrej Properties, RNA, L and T Realty and Dosti Realty are set to break ground in these micro markets.
Some landmark projects coming up are
Celestia Spaces, Near Ashok Gardens, Sewri
Godrej Sky, D P Wadi, Byculla
Metropolis, Shivaji Nagar
Crescent Bay, Boiwada, Parel
Dosti Flamingos, Near Ashok Gardens, Sewri