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Mumbai: The Financial Capital Of India

June 02 2014   |   Proptiger

Mumbai, formerly known as Bombay, is among the top five metropolitans of the country, and one of the most rapidly developing regions in India as well. The capital city of the Indian state of Maharashtra, Mumbai is spread out over 603 square kilometres of archipelagic land mass.

Mumbai stands tall as the hub of economic development, contributing to as much as 5% of India's GDP and it also finds its name amongst the top 10 commercial centres across the globe. It is also India's most populous city, as it attracts people from across the nation with its endless avenues of employment in all fields ranging from financial services and information technology to the multi-million dollar Bollywood film industry.

Photo Credit: FabIndia/Flickr

Mumbai has witnessed massive surge in the demand for real estate with the increasing number of migrants coming in from across the country, who seek residential as well as commercial spaces. The city has now expanded into suburbs which have developed into metropolises themselves.

Mumbai has endless opportunities for shopping and recreation. Whether it is the hundreds of shopping malls or street markets in the city, the irresistible street food vendors peppered across almost every locality or the entertaining beaches, there is just enough and more to keep yourself busy when you step out in Mumbai.

Photo Credit: ganuullu/Flickr

Real Estate in Mumbai is considered to be the best investment option, as there has been a steadily increasing demand for commercial as well as residential property in Mumbai. In order to meet the surging demand, several developers have come up with real estate projects across Mumbai, which is rapidly expanding to its suburbs and beyond.

Click here to find out more about Mumbai and all that it has to offer: http://www.proptiger.com/mumbai-real-estate/overview

For information on projects and developers in Mumbai, visit PropTiger.com




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