by Rezwan Hussain Chowdhury
Mumbai is a city that is constantly growing and evolving. With new infrastructure projects underway and more people moving to the town daily, investors have plenty of opportunities. This blog post will explore 10 top emerging areas to invest in in Mumbai. These areas are seeing the most growth and potential in the coming years, from real estate to hospitality and beyond. So if you’re looking to invest in Mumbai, read on to find out where you should put your money.
Dadar
Dadar is an upcoming area in Mumbai with a lot of investment interest. The critical reasons for this are its central location, good connectivity, and infrastructure.
Dadar is centrally located within Mumbai and has good connectivity to other parts of the city. It is well-connected by road and rail, with several bus routes and train lines passing through it. Dadar also has good infrastructure, with some hospitals, schools, and colleges in the area.
Due to its central location and good connectivity, there is a strong demand for property in Dadar. Moreover, property prices have been rising steadily in recent years and are expected to continue. Therefore, Dadar is a good option for investors looking for emerging areas to invest in in Mumbai.
Andheri
Andheri is a bustling neighborhood in Mumbai that is increasing. While it has long been a popular residential area, it is now becoming increasingly commercial. New office towers and shopping malls are springing up, and the site is also home to a new international airport terminal. Andheri is thus an excellent place to invest in Mumbai, whether you are looking for residential or commercial property.
Wadala
Wadala is an upcoming area in Mumbai that attracts a lot of investment. The reasons for this are many, but some of the most notable ones are its proximity to the Eastern Freeway and the proposed Metro Line 4.
This area is also seeing a lot of development in terms of infrastructure, with new residential and commercial projects coming up. There are also some good schools and hospitals in the vicinity, which makes it an ideal option for families.
Overall, Wadala is an excellent option for those looking to invest in Mumbai. However, its strategic location and infrastructure development will surely see a price appreciation in the coming years.
Malad
Malad is a suburb located in the northern part of Mumbai. The area is seeing rapid development and growth in recent years, making it an attractive option for investors. The suburban railway line and the Western Express Highway run through Malad, providing good connectivity to the rest of the city. Additionally, several schools, colleges, hospitals, and malls are in the vicinity, making it a self-sufficient locality.
With its convenient location and infrastructure developments, Malad is fast becoming a sought-after residential destination in Mumbai. Property prices have been rising in recent years and are expected to grow. Investors looking for good returns on their investments should consider investing in Malad.
Goregaon
Goregaon is a suburb located in the northwestern part of Mumbai. The area has undergone rapid development recently, with many new residential and commercial complexes springing up. Goregaon is well-connected to other parts of the city by road and rail, making it a convenient place to live or work.
The area is home to some big businesses, corporate offices, and several educational institutions. In addition, Goregaon has a thriving retail scene, with many malls and shopping centers. The area is also popular with tourists, thanks to its proximity to attractions such as Juhu Beach and the Sanjay Gandhi National Park.
With its central location and growing infrastructure, Goregaon is fast emerging as one of the most sought-after areas to invest in Mumbai.
Borivali
Borivali is a western suburb of Mumbai and one of the top areas to invest in. It has a population of over 1 million and is one of the most populous suburbs in Mumbai. Borivali is home to many schools, colleges, hospitals, and shopping malls. The area also has a large number of parks and gardens. Borivali is well connected to other parts of Mumbai by road and rail.
Byculla
Byculla is one of the most up-and-coming areas in Mumbai. This central neighborhood is home to many historic landmarks, including the imposing Rajabai Clock Tower and the beautiful Bhau Daji Lad Museum. In recent years, Byculla has undergone a significant transformation, with chic new restaurants, bars, and cafes popping up all over the place. In addition, property prices in Byculla have been rising recently, making it a great investment area.
Prabhadevi
Prabhadevi is one of the fastest-growing areas in Mumbai. The area has seen a massive transformation in the last few years, with new malls, residential complexes, and office buildings. The site is also well-connected to other parts of the city, making it an ideal investment place.
Kanjur Marg West
Kanjur Marg West is one of the most promising areas to invest in in Mumbai. The locality has excellent connectivity and is home to some of the city’s best schools, colleges, and hospitals. The area has seen tremendous development in recent years and is expected to see even more growth in the coming years. Investing in Kanjur Marg West is a great way to get good returns on your investment.
Gokuldham
Gokuldham is a newly developed area located in the Northwestern part of Mumbai. The site is well connected to the rest of the city via roads and railroads. Gokuldham has recently seen a lot of development, making it one of the most promising areas to invest in Mumbai.
The area is home to many residential complexes as well as commercial establishments. There are also many schools and hospitals in the vicinity, making it a convenient place to live in. Additionally, Gokuldham has some parks and open spaces, making it a green and pleasant place to reside in.
With its many amenities and convenient location, Gokuldham is an area worth investing in.
