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A Guide to Mumbai VS Delhi Real Estate

The Indian real estate market has undergone a sea change in terms of regulations, policy, investment perspective and factors affecting decision making.

The market which was once largely unfettered is now more efficient and controlled by Real Estate Regulatory Authorities (RERA) of various states. Also, the market has transformed from investor driven to end-user driven.  In the current market, thanks to RERA and other regulations, the investors or end users are taking informed decisions. In this changing world of real estate, the property that holds a potential of better returns tends to excel. It is to be seen than Mumbai & Delhi have emerged to have potentially better social significance, physical infrastructure, proximity to economic centers and better connectivity to connectivity to transportation corridors or hubs will fetch good returns.

So, between the two highly intimidating cities of India, Mumbai & Delhi, which one should you consider for investment & why? Let’s find out.


The city of dreams, Mumbai leads the clan of being the costliest city in the country. If we look at the market, there is a bright chance of ending up big in Mumbai right now. But how? Let us explain.

If you see your apartment in the light of property investment scenario, there is a lot that you can capitalize on. As per Magicbricks data, currently, there are over 1 lakh property options available in Mumbai and nearby region. Majority of them are in Mumbai and Greater Mumbai while Navi Mumbai and Thane also has over 40,000 options to choose from.

Also Read: 6 Places to Invest In Property in Mumbai 2018

What Makes Mumbai a Hot Spot for Investment?

  • In a city like Mumbai where the average cost of buying a home is over a crore, the initial down payment involved makes buyers opt for rented accommodation. However, with subvention schemes available, you can opt for customised payment plan which is construction linked and involves minimum down payment.
  • Owing to a slew of proposed infrastructures such as Coastal Roads (a road connecting Malad to Nariman Point), Navi Mumbai International Airport, Nhava-Sewa Link Road, Metro Expansion, property pundits are expecting localities in proximity to such developments to be impacted.
  • Not just builders, even banks are excited to cater to home buyers needs. The interest cut by Reserve Bank of India is fueling buyers’ anticipation of cheaper home loans. Other than this, developers are tying up with banks and seeking approval tag which further boosts the credibility factor in buyers’ eyes.
  • Unlike stocks and mutual fund, property is a tangible investment which will exist forever. Moreover owning a property is a morale booster for a buyer as real estate is always a profitable asset which never loses its value.
  • Top locations like Worli, Bandra, Lower Parel, Jogeshwari, Andheri, Thane, Ghatkopar are seeing a good surge in property demand from above 5 crores to under 1 crore.

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

Delhi, Makes Way for NCR

Delhi may see subdued interest as of now but that is simply because of lack of land parcel. However, the posh pockets of the capital including Greater Kailash, Safdarjung Enclave, Panchsheel, Sainik Farms, and New Friends Colony etc form part of the luxury brigade. Here old properties are being reconstructed with better design, more space and even new-age facilities. However, the bulk of luxury home buyers whose business interests might not solely be in Delhi prefer to move farther from the city. For that matter, Gurgaon or Gurugram has pulled in many such buyers.

Why is Delhi an Exciting City to Invest?

  • Thanks to the region’s proximity to the airport, buying into Gurugram is considered value for money. The presence of commerce — widespread in fact across this national capital region (NCR) market has helped popular developers come out with new projects with various amenities.
  • The city boasts of one of the best infrastructures in the country. These services are aimed at improving the quality of life of the residents of the city and to promote the economic growth of the city.
  • The subsidy benefits up to Rs 2.67 lakhs under Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojana (PMAY) are tempting end users to purchase a home. Some of the areas where they can make a purchase are Bhiwadi, Greater Noida, Raj Nagar Extension, and Dharuhera.
  • IIFL Home Loans has been helping beneficiaries to avail this subsidy on their home loans across the country. They can go for an investment in Sohna/Gurgaon Extension and Uttam Nagar, Delhi.

The real estate of tomorrow will look dramatically different from the property markets of yesteryear. The Indian real estate market is expected to touch US$ 180 billion by 2020. The housing sector alone contributes 5-6 % to the country’s Gross Domestic Product (GDP). Having endless opportunities with good returns, Mumbai & Delhi both make an equal competitor when it comes to investing your hard earned buck. Choose the markets wisely to thrive successfully.


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