Investing In Mumbai? These Locations Deliver Fantastic ROI

Why You Should Invest In Mumbai Real Estate
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Investing In Mumbai? These Locations Deliver Fantastic ROI

These Locations Deliver Fantastic ROI in Mumbai

“A home of my own in the city of dreams, Mumbai”

Does a house in Mumbai seem like a dream? It doesn’t have to be!

As India’s urbanization gains momentum, the conventionally-preferred property investment locations in most of the main cities are getting saturated and increasingly expensive. Just then, the real estate sector sees a dramatic turn.

Where is the ‘Real’ Deal in the Real Estate?

  • Budget 2018 has proposed a tax relief for buyers and sellers of property by allowing it to be valued at up to 5% below circle rates for calculation of stamp duty and capital gains tax.
  • ‘Housing for all by 2022’ is one of the pet projects for the government and it wants to deliver 10 million houses under this program.
  • The affordable housing acts as a stimulus for the real estate industry, driving demands for the affordable housing segment.
  • Deduction of INR 50,000 from taxable income available for first-time homebuyers where the value of the property was limited to INR 50 lacs, loan taken was limited to INR 35 lacs.

Related Read: Why You Should Invest In Mumbai Real Estate?

The future of the Indian real estate market is promising, and showing potential to play their part in scripting the Indian economy’s success story. It is positive, but the rules of the game have changed – and drastically. The paradigm has changed, the Indian Economy and indeed, real estate has experienced a ‘Systems Reboot’. The positive aspect of the new regulatory regime is largely about streamlining approval processes, simplifying taxation (GST), building institutional capacity, as also introducing urban planning and real estate-related reforms (RERA). Initiatives, such as ‘100 Smart Cities’, the Delhi–Mumbai Industrial Corridor (DMIC) and Pradhan Mantri Awas Yojana (PMAY) offer the perfect platform which will create investment opportunities across projects, across the country. Transparency, financial discipline and customer safety mechanism is in place with reform-led policies comprise the new paradigm.

Where is the Future of Real Estate in Mumbai? Where is the Growing ROI?

Here we’re looking at the markets that are doing well and could offer value to buyers. We examine the factors that have worked and tell you why you should consider buying property in these hotspots.

  1. Navi Mumbai

Navi Mumbai has been witnessing a shift in buyer interest from posh localities to affordable neighborhoods.  Surprisingly, prices have fallen in relatively cheaper locations such as New Panvel as well, where big builders have constructed several large housing projects in the past 5-7 years. Speedy connectivity to Mumbai through the JNPT Road is another attraction.

  1. Chembur

According to an investment advisory report by real estate consultancy firm Knight Frank, Chembur has emerged as one of the top investment destinations in India. Because of its proximity to the Eastern Express Highway and the Santacruz Chembur Link Road, and the connectivity with the island city, we’ve seen an increase its attractiveness.

  1. Panvel

For the ones who wish to live a life in serenity, who want to wake up to beautiful landscapes and choose to live pollution-free, Panvel is the ideal location. Since the talks about the International Airport were in the air, Panvel quickly turned into an investment hotspot.

  1. Jogeshwari

It is expected that the values in Goregaon east are expected to reach Rs 20,000 per sq ft, in the next five years. In the next four to five years, capital appreciation of 40-60% is probable for residential properties in this corridor. While Goregaon east is barely 100 meters from the Western Expressway, the Jogeshwari-Vikhroli Link Road (JVLR) connectivity has rendered these localities as preferred residential destinations.

Related Read: JVLR, the Future of Jogeshwari and Why It’s Beneficial To Invest Here

  1. Goregaon

With a station on the western line of the Mumbai local railway network and the Western Express Highway running right through it, Goregaon is well connected and is often the centre of attention for a major event. From major industries, and offices being in Andheri and BKC, Bandra; Goregaon offers the option to stay close to your workplace while maintaining a certain quality of life.

While there are several options to choose from when looking for flats with good ROI, it is imperative that you look at the bigger picture. Trust only trustworthy developers, just like Avant Infra. Having significant experience and backed up by some of the best industry experts, we’re known to build homes that are crafted thoughtfully for our residents. Just like our blockbuster project Avant Heritage. With a thundering response to Avant Heritage-I, we’ve opened bookings for Avant Heritage-II with flats starting from 88L onwards. Located at the Jogeshwari Vikhroli Link Road (JVLR) & Western Express Highway junction, our 3 majestic towers of 23 floors each have 1/2/3 BHK & Duplex Penthouses offering you a majestic experience. Here, you will find a blend of luxury living and heritage living at its best.

Choose a lifestyle you desire within the city limits and a stone’s throw away from all conveniences.

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