Nirmal Lifestyle: Planning to invest in Mumbai? Take care of these things
Mumbai is one of the metropolitan cities in the country. It is fast becoming a business hub. Various automobile companies have set up their manufacturing units in Mumbai, various IT companies and MNCs are expanding here and to top it, presence of a coast makes Mumbai a favorable place for trading. These factors are enough to attract property investments from people. But there is a trade off. The realty sector in Mumbai and in the entire India isn’t going through a very progressive phase. Although the market has started picking up and is expected to grow a lot in a next few years, yet it is not racing yet. So, it becomes imperative for an investor to get the sums right before making the investment.
Since the market is slow and more number of people are migrating from rural areas to town and cities, the retail section in realty isn’t growing that well. But it’s the rental market that has caught pace. So right now, Mumbai is quite lucrative if you want to buy a property from an end user’s perspective. You can strike a good bargain for a decent house. But if you want it solely from an investment view point, we suggest you buy a property that will offer you good rental revenue. Areas like Kalyan, Dombivli are the areas that will offer a high rental for your bought property.
Thus , it is paramount to decide the objective with which you want to make the investment. Then decide the area on the basis of that.
ABOUT NIRMAL LIFESTYLE
Nirmal Lifestyle is an imprint of the renowned Nirmal Group; an ISO 9001:2008 and ISO 14001:2004 certified company. The group is credited to have spearheaded the development of Mulund over the years. Nirmal Lifestyle Mulund is driven by knowledge and innovation in property development. The builders have been responsible for the development of over one crore square feet of residential and commercial spaces. The company is dedicated to customer satisfaction. It comprises of an efficient core group of skilled engineers, designers and architects, who ensure the timely completion and superior quality of property offerings. Its latest offering is Nirmal One Mumbai.
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