Best Areas for Buying a House in Mumbai

Best Areas for Buying a House in Mumbai

Are you looking for flats for sale in Mumbai or just searching for a nice neighborhood for settling down? You have come to the right place. In this article, we have shed light on some of the localities in Mumbai where you can buy a living space you will be proud to call your home. 

We know that owning a house in ‘the city of seven islands’ is the dream of most people. However, because of the skyrocketing property prices, buying a house here has become quite impossible. However, the increasing number of new residential projects in the city have provided opportunities for people looking to have a home in this city.

Have a look at some of the areas where you can find a residence that meets your needs and suits your budget:

Mira Road:

Mira road is a perfect place for middle class property buyers as it provides convenient yet affordable housing options. There are many feasible property options available here for first time homebuyers. They can choose from a variety of apartments to flats. Moreover, this area enjoys good connectivity with the rest of Mumbai so it’s an added advantage for its residents. You can easily buy property here within the budget range of 6,500 – 8,000 per sq. ft.   

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Virar:

The adjoining areas of Vasai and Virar are a favourite among first-time property buyers because of their affordable rates and good resale values. As per a report, the prices in this area has increased six-times since 2007 because of its recent growth and development. you can easily find public transport here that makes commuting to the city centre effortless. The property prices in this part of Mumbai lie within the affordable range of 4,000-6,000 per sq. ft.

Kharghar:

Kharghar is one of most sought-after locations in the area of Navi Mumbai. Especially, after the start of the construction of the new airport the prices of this region are sky-rocketing. If you want to live in a peaceful and green suburb within Mumbai, Kharghar will be perfect for you. Moreover, this area has some of the most eminent educational institutions of the city, which makes it perfect for families.

Thane:

Thane is one of the most promising suburbs of Mumbai. Situated at a drive of just 30 minutes from the main city. This area enjoys great connectivity with other suburbs of Mumbai via easily available public transport. Moreover, with the construction of Mumbai Metro line 4, the connectivity of this area will be further enhanced. Life in Thane is full of perks and privileges, you get to enjoy world-class amenities while living in a serene environment. Many Mumbaikars are relocating to Thane because of the plethora of facilities it provides. Thane is perfect for families; you can find Mumbai’s top-notch schools here along with state-of-the-art healthcare facilities like Jupiter & Bethany.  

Mulund West:

Mulund is another posh neighborhood of Mumbai that is present in the foothills of Sanjay Gandhi National park. This neighborhood is a bit on the upper side of the price range. Apart from being a posh area, you can still buy a 2 bhk flats for sale in mulund west for Rs. 2Cr. The best part of living in this area is the brilliant social infrastructure that you can experience. At places like Priyadarashini Indira Gandhi Sports Complex and Johnson & Johnson Garden, maintaining your health and fitness in Mulund won’t be an issue.

Ulwe:

Ulwe is a neighborhood in the vicinity of Navi Mumbai that was developed by City & Industrial Development Organization (CIDCO). It was built on the area wasted because of mangroves and marshland. Today, Ulwe is a rapidly growing neighborhood that offers a wide range of housing options to its residents. It has direct approach with Navi Mumbai International airport, Seawood-Uran rail network, and the Mumbai Trans-Harbour Link. The property prices of this area are going to rise in the near future but at present, it’s quite convenient for first-time homebuyers.

Badlapur:

Badlapur is another area that is gaining popularity among first time home buyers because of its ideal location & pocket-friendly rates. Present near Thane, and with the construction of forthcoming Panvel-Badlapur highway, this area will be the second home of Mumbaikars. But this is not all, the best part of buying property here is that you can get 1 BHK apartment for as low as 22 lacs. Moreover, this area is well-equipped with excellent healthcare and educational facilities and has a lot of wide-open spaces and parks.

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