These Mumbai localities are driving home buyers’ crazy

Magicbricks reveals Mumbai investor’s latest love in the city which has rocked all chartbusters!

The recently released PropIndex report (Jan-Mar 2015) lists down the preferred localities for outright purchase. Interestingly, this time three new localities made their debut in most preferred locality for buying properties. These are Ulwe at fifth position, Kandivali West at sixth position and Bandra West at ninth position. 

Although it’s not the first time that Navi Mumbai has caught the eyeballs of home buyers but Ulwe’s realty story used to be heartbreaking until new government came in and Navi Mumbai Airport development sparked up the hopes again.

“Ulwe is back in action as the new government is adhered to follow the tight deadline of 2019. However, the ground reality is yet to change in the area but as investors are getting back in the market, stock is expected to move fast,” says Kaushik Shivram, one of the property dealers in Navi Mumbai

Talking about Kandivali West, property experts pointed out the qualitative projects that are coming in and the timely possession of existing projects. The sentiments are up in the areas as there is a spillover demand from Borivali as well.

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MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.

Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.

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