Affordable Property in Mumbai Still Available Despite rising Prices
Perhaps the most famous street in India is in Mumbai, Bollywood has
fed the image of this street in its movies since time immemorial.
Although living here is only within the means of the wealthiest in the
country, many have visited the street in the real life. The most popular
images of this street consist of those when the street is lit up at
night but it’s also a pretty destination to visit during the daytime as
well.
If you are hunting for luxury apartments in Mumbai,
Marine Drive needs no second introduction. You’ve known about it for
years. Bollywood has stereotyped the locality as a likely destination
for a rich industrialist to own a home. You know it already as the
locality where only the wealthy can live by watching movies from the
1970’s and 80’s. Today however there are many more destinations for home
buyers on the prowl for luxury flats in Mumbai. Property in Mumbai,
since the iconic images of Marine Drive were pumped into our brains by
TV has changed as more in the past 30 years than the resolution of our
TV’s has in the past 10.
Many upcoming projects in Mumbai
offer flats for sale for buyers who seek an exclusive experience. Such
properties are intended to offer a quality of life which would shatter
the world view of the gentleman on TV occupying the large home on Marine
Drive in the 1970’s. He would likely wish he could start all over and
work towards owing a home at such new properties in Mumbai rather than
the one he has on Marine drive. Such has been the drastic change in the
quality and exclusiveness of property in Mumbai.
Yet builders in Mumbai do not simply cater to one segment or class,
even the top builders in Mumbai offer affordable 2 BHK flats in Mumbai
which for many such builders is their mainstay. If you are looking for
flats for sale in Mumbai from only one such top builder you would find a
plethora of them available for prices which won’t require you to pay an
exorbitant EMI for the next 200 years; though there are such luxury
flats in Mumbai, however at the same time the city has more individuals
than ever before who can simply buy them without the need for any
outside financing.
The city of Mumbai is no longer reminiscent of Bombay, a name that
seems archaic in a city which has discarded the now stale image of
Marine Drive, in favor of the trendier “SoBo” at the same time as the
cities film industry discovered the successful transition from wholesome
boy meet girl love stories to movies catering to an audiences raunchier
sensibilities to be far better money making formula.
Over the few years the property rates in Mumbai may have been
appreciating faster than have been the steadily rising average box
office intakes of the movies made in Bollywood. There however are still
numerous flats in Mumbai priced at rates reminiscent of the times when
movies where longer and the dresses worn by actresses on screen were
shorter.
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