Mumbai, the capital of Maharashtra, which was previously known as Bombay, is a major metro and cosmopolitan city of India. Bombay was given a name Mumbai after the Goddess Mumba. Mumbai city is known as the business capital of India, it is India's principal financial and communications centre. The city has the largest and the busiest port handling India's foreign trade and a major International airport. Bombay Stock Exchange which ranks as the third largest in the world, is in Mumbai. Here, trading of stocks is carried out in billions of rupees everyday.
Talking about Mumbai without even mentioning Bollywood and Local Train, would not be fair job. Bollywood is a dream and local trains reach upto the dream destination of mumbaikars. There are about 15 mn. people who live in Mumbai, includes industrialists, film-stars, artists, workers, teachers and clerks; all living under one roof of Mumbai. They come from various social and financial backgrounds and speak different tongues, adding flavours and texture to the Great Mumbai. India's largest and most multicultural city, Mumbai's business culture seems informal and quite friendly.
Getting a residential property in Mumbai is one's biggest dream in the city. World's biggest Real Estate companies have their Real Estate housing projects in Mumbai. The Factors that may decide the economical and social value of a property in Mumbai are following:-
The Locality has a major play in deciding the value of a property. If the housing projects/apartments/flats/plots are in a busy area or situated near a happening spot or near a highway/expressway/main road or town; the prices of the property will be up. Also if the property is near to colleges, offices or Governmental organisations the prices again may go up.
The Companies have also their own criteria of deciding the rate of their apartments/flats/plots.
The Kind of apartments being offered is also a key factor for deciding the rate of the property. If the apartments being sold are designed aesthetically, beautifully and are elegant then the prices in that particular project will be higher.
Amenities being offered in a housing project as decides the rate of a property. Real estate companies and builders offer wide variety of facilities and features at a little cost. If your apartment has sea view, lake view or golf view you may have give an extra penny.
Above all Mumbai is in the list of world's top ten most expensive cities and so in respect of this fact everything in Mumbai, yes almost everything is quite expensive but the city also offers the same kind of opportunities and life style to its mumbaiya janta.
These factors may have impact while deciding rates of their projects/apartments in Mumbai by the real estate companies. To name a few residential property in Mumbai are Good Morning, JP Conclave, Nextzone, Kamla Atlantis, Global City, Siddhi City, Wonder City, Greenwoods, Palace Gardens, US Open, Golflinks, The Address etc.
All these projects and apartments have their own style of design and cost. One should be careful enough and have vision to buy apartments at the right time. Once the area is developed and people starts living in, prices will certainly go up.
Mumbai is a world class city that offers many opportunities to its people and a life style with Maharshtrian/Indian standards and values. People of Mumbai are proud to be called as Mumbaikars. Everyday a number of people come to Mumbai to find their bread and butter, once they get employed, they seek a either a rented house or a residential property in Mumbai. If you also want to own an apartment anywhere in Mumbai, just give a call or give us your contact details via our website.
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If You are Looking for any Property in Mumbai OR Residential Property in Mumbai. You should Contact via Proptiger.Com
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