Residential properties for long term investment in Mumbai

MUMBAI, India - May 5, 2016 - PRLog -- Investment in real estate provides extreme sense of financial and social security which has tremendous weight in decision making from long term prospective. Although property rates keep fluctuating in short term, but they generally only tend to appreciate over the long-term and Mumbai property market is no different.

"Mumbai real estate market in 2016 is in favour of property buyers, especially if they are investing in new projects in Mumbai or in pre-lauch or in under-construction phase" says Mr. Sunil Chopra, founder of Spacio Realtors LLP- ISO 9001 certified real estate advisory firm based in Mumbai. He advises to invest in pre-launch or under-construction properties because an under construction flat is always cheaper than a fully furnished flat. "In general, an under-construction construction flat is approximately 20% to 30% percent cheaper than a ready to move in flat. That price difference provides the price advantage at the time of selling this property. In fact an under-construction property investment is eligible for long term capital gain benefits if held for more than 3 years", he adds.

Mr. Chopra says "Mumbai has at least three hotspots for residential property buyers- Thane, Western Suburbs and Bandra Kurla Complex (BKC). All these areas can qualify as best investment locations in Mumbai".

Thane is a developing location and has come up well in last two decades offering good connectivity with Mumbai suburbs & national highways as well as to international schools, hospitals, entertainment facilities. Thane offers green living, wide roads, classy living and no compromise on breathing zones. Spacio Realtors suggests the pre-launch proeject Immensa by Kalpataru in Thane West. "Spacio Realtors does not really charge any brokerage from buyers when dealing with new or under construction projects", says Mr. Chopra. He added "In fact we help our clients to make an informed decision when selecting a new project(http://www.spaciorealtors.com/services/residential/new-pr...) to invest in."

BKC or Bandra Kurla Complex has seen white collar residential demand rising in that area. Connectivity is the best location advantage that Bandra Kurla Complex offers especially to the people working there. "Keeping in mind the senior management personnel of large banks and corporate houses and even the diamond business owners, developers of these new luxury projects are offering a premium lifestyle. Rustomejee Seasons is an under-construction property in BKC Annexe in Bandra East with world class amenities like forest park, yoga deck, outdoor lounge, pool bar,spa, sandpit, poolside cabanas to name a few. This upcoming residential property offers 3 and 4 BHK apartments in 20 storey 4 towers.

Western Suburbs from Dahisar to Bandra boasts of infrastructure development and excellent connectivity to the rest of the city through Western Express Highway, Goregaon Mulund Link Road and other newer flyovers.Moreover, there have been many new property launches in 2015 especially in Andheri-Dahisar belt offering practical sized good quality and modern building projects.Sunteck City is one such luxury project offering 2-3 BHK flats in Goregaon West with 23 acre township.

Spacio Realtors LLP is one of the top real estate brokers in Mumbai, India. Headquarter in Bandra West, the company deals in buying and selling of residential and commercial properties.

Looking to invest in new and upcoming residential project of Mumbai? Contact Spacio Realtors at info@spaciorealtors.com.