Top Areas for Residential Property in Mumbai

Being cosmopolitan to the tee, almost every locality in Mumbai is well connected with schools, healthcare facilities, bustling markets, business centers, IT parks, eatery chains,and every major institution that there is. For instance, the Borivali-Dahisar stretch in the city is convenience redefined, particularly because of its proximity to the business hubs across Kandivali, Malad, Goregaon, Mira Road, Andheri and Jogeshwari.

Below is a list of the top residential areas in Mumbai that you might want to invest in once you make your move to the megacity. Read on to know more:

  • Borivali West

The property prices here range from Rs.13,200–20,520 per square feet. However, should you want to rent out your property, you could earn anywhere around Rs.21,500–33,000 at the end of every month.

  • Dahisar East

The property prices in Dahisar East are comparatively lower, ranging from the starting slab of Rs.8,980 toRs.14,700 per square feet. After investing, should you want to put the property out on rent, it could yield around Rs.16,000 –27,700 per month.

A project of the prestigious MICL Group, Aaradhya High Park on Dahisar East is a mere seven-minute drive via the Western Express Highway from Dahisar East.

  • Borivali East

Arguably the busiest area of the suburbs, Borivali East houses some of the more luxurious yet affordable residential projects of the city. While the property prices range from Rs.12,310–18,830; you can keep the cash registers ringing by pocketing anywhere from Rs.24,000 to Rs.36,200 as rental income should you decide to use your property that way.

JP North: Mira Road, for instance, is a sprawling residential project on Mira Road and a 20-minute drive from Borivali East via the Western Express Highway. JP North offers elegant properties, ranging from 1BHK to 3BHK apartments. Moreover, its easily accessible location (adjacent to the Western Express Highway) has made …