City of Dreams that Come True

There’s no arguing to that fact that Mumbai, is indeed the ‘City of dreams’. Rightly so, it continues to fulfill dreams and aspirations of people migrating to the city in search of jobs and entrepreneurial ambitions. The developed infrastructure, easy connectivity and access to public amenities make Mumbai, an ideal location for migrants to settle down.

The notion that persisted until the last decade was that buying a house in Mumbai is a distant dream given the real estate prices. However, a whole host of factors at play currently have made buying a house in this city an affordable option for many. Developers of repute that assure quality homes and timely delivery coupled with lowest-ever home loan interest rates in the past two decades, have further catapulted this trend of increased sales in the city.

While concerns over the third wave of the COVID-19 pandemic loom large, India has picked up the pace of vaccinations, which could provide comfort and thereby impacting the economy in a positive way. The government seems better prepared to deal with situations arising from this pandemic, and avoid any large-scale lockdowns that hurt the economy. Buying a house is the ultimate life goal for many and this pandemic has reaffirmed the importance of owning one. It is therefore expected that the homebuyer confidence in Mumbai’s residential market will continue to be strong. With developers offering multiple payment options, low interest rate regime and discounts which influence the buyer decision, the aspiration to own a home in Mumbai continues to be strong.

This edition brings forth some of the rising stars in the Real Estate arena of the Mumbai region. Erecting some of the most popular and probably awaited spaces, these list of developers have truly defined affordable housing without comprising the luxury and comfort one seeks in the city of dreams.
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