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Affordable Housing Options in Mumbai Suburbs

It isn't easy to buy a home in the heart Mumbai. With sky-touching property rates and the ever-lowering land availability, it is often a distant dream for residents to own a house in the city. However, the suburbs in the city offer a different story, full of potential - you can find yourself pocket-friendly homes with more than a few amenities in the suburban neighbourhoods. Let's see where? you can buy a low-priced accommodation for yourself in Mumbai.

Ulwe

Ulwe, a node of the city of Panvel, is an upcoming hot residential destination in Navi Mumbai. Its real estate growth has skyrocketed over the recent years, due to its massive land availability, indicating a bright future for its development.

Over a thousand real estate projects have been launched in Ulwe, most of which are in the affordable category. Ulwe enjoys great connectivity through Nerul, Vashi and Belapur. It is close to highways, sports clubs, the expressway and other hotspots.

Dombivali

Dombivali is a good residential option for those who are looking for a suburban lifestyle. The sky-rocketing prices in Mumbai along with the growing demand for affordable housing is driving the real estate market in the locale. Additionally, the presence of industrial belts and improving infrastructure are key factors behind its growth.

Dombivali enjoys good connectivity with Thane and Navi Mumbai. A monorail service, which has been proposed in the area, will further boost its realty sector.

Taloja

Situated close to Kharghar, Taloja is a growing suburb in Navi Mumbai. New infrastructural projects are coming up in the area that will enhance its connectivity to Mumbai city in the future. There is also a metro station proposed in the area. A number of new multiple township projects are being launched in the neighbourhood.

Mira Road

One of the upcoming suburbs of Mumbai, Mira Road has ample residential property options in the affordable segment. While most of Mumbai has turned into a concrete jungle over the years, this is one of the few localities that have maintained their greenery. Mira Road also provides easy connectivity to the city of Mumbai.

Badlapur

A city in Thane district, Badlapur is gradually transforming into a residential hub with promising township projects launched in the recent years. Earlier a popular industrial sector, this locale is developing rapidly in terms of infrastructure and proving to be an affordable and smart investment destination.

Panvel

A suburb in Navi Mumbai, Panvel has shown a constant upward drive in the residential real estate market. The townships here provide all the facilities that people look for in a suitable home such as schools, parks, shopping centres, hospitals, etc.

There is also scope for townships in the outskirts of Panvel. The locality is well connected by local trains as well as state transport buses.

Over the last few years, developers have turned their attention to the suburbs and are coming up with better and better projects. In Badlapur East, for example, Panvelkar Group is already introducing Phase II of Panvelkar Estate, a 35-acre township comprising of 1 BHK flats. Immaculately designed, these affordable houses offer a range of amenities to take your standard of living to the next level. To know more, http://www.panvelkar.in/