Mumbai: Right To Home Expo To Bring Homebuyers Closer To Their Dream Homes
The fact that it is counted among the most expensive property markets globally should not deter buyers from investing in Mumbai, because of the variety it offers in terms of pricing. Sellers, who are interested in making money by quickly flipping their property, also have a reason to invest, as movement is quite high in this active property market. With interest rates going down, the overall EMI repayment burden has also gone down heavily and many of you may be actively looking for a property in Mumbai and its vicinity. If you have been waiting to shortlist from among the top RERA-registered projects in Mumbai, with the lowest price guarantee, exclusive offers and home loan assistance at zero brokerage, be a part of the Right To Home PropExpo to be held in Mumbai.
When | 6 and 7 February 2021 |
Where | The Lalit, Andheri East |
Timing | 10 AM to 10 PM |
List of participating developers | Shapoorji Pallonji, Wadhwa, Runwal group, Spenta, Balaji Estate, Chandak, Ornate, Kalpataru |
To register for the Right to Home event and avail of attractive offers and discounts, click here.
Right To Home PropExpo in Mumbai - Online
When | 6 and 7 March 2021 |
Top 10 preferred localities in Mumbai in 2021
Locality | Per sq ft value in Rs | % change in price over last 6 months |
Mira Road East | 8,521 | +3.59 |
Thane West | 13,342 | +2.66 |
Ulwe | 6,463 | +3 |
Virar West | 5,502 | +1.91 |
Kharghar | 7,666 | +2.82 |
Andheri West | 24,045 | +3.1 |
Chembur | 22,936 | -2.27 |
Malad West | 19,869 | 0.72 |
Borivali West | 21,712 | -1.44 |
Dombivli East | 6,163 | +1.68 |
If you are looking at the Andheri-Dahisar belt, which is one of the most sought out stretch, following is some information you need to know.
Primary supply between Andheri and Dahisar
Data available with PropTiger.com show that Goregaon west has the highest number of properties in the primary sales segment in Mumbai. What does Goregaon west offer? The locality has various properties to choose from, priced between Rs 55 lakhs to Rs 7.50 crores.
Why should you invest in the region between Andheri and Dahisar?
The Maharashtra Housing and Area Development Authority (MHADA) is undertaking the redevelopment of Motilal Nagar 1, 2 and 3, which will allow 40,000 affordable units to come up on a 142-acre land here. The estimated cost of this project is Rs 30,000 crores.
Malad east and Andheri west follow Goregaon west in terms of number of projects in the primary market for sale.
Rental supply in Goregaon east
If you are looking at options, data suggest that the highest number of properties available for renting, are in Goregaon east. Rental values range between Rs 5,000 per month for a 1BHK unit to Rs 3 lakhs for a fully-furnished spacious unit. A lot also depends upon the exact location of the properties and pricing may, thus, vary.
By 2026, three new Metro lines will be added to Mumbai’s existing network. In terms of rental stock, Goregaon east is followed by Andheri west, Bandra and Malad west.
Resale stock in Mumbai
The highest number of resale properties are in Kandivali east. With properties priced between Rs 25 lakhs and Rs 30 crores, there is a good mix of mid-segment and luxury units in this locality, data suggest.
Looking for more property options in Mumbai? Some of the top developers in Mumbai are showcasing their projects in our exclusive two-day event called Right to Home. To know what developer firms like Shapoorji Pallonji, Wadhwa, Runwal group, Spenta, Balaji Estate, Chandak, Ornate, Kalpataru have in store for you, join us at The Lalit, Andheri east on 6-7 February, 2021.