Are you thinking of buying Property in Mumbai? Mumbai offers several property options to home buyers. Mumbai is considered the financial capital of the country and is home to some of the largest corporations, multinationals, financial institutions and business conglomerates in India. Mumbai also has a thriving industrial and manufacturing sector in addition to other flourishing industries like media, entertainment, pharmaceuticals, real estate, hospitality, FMCG, IT and many more. This has created demand for quality residential Mumbai properties. The Mumbai real estate market has expanded to the outskirts of the city and beyond. The Mumbai property market encompasses Mumbai, Thane and Navi Mumbai in addition to areas beyond Thane as well.

There are several options in terms of buying properties in Mumbai for sale. Residential apartments are mostly available at new projects and complexes while there are quite a few resale options available in the housing market in Mumbai as well. Property prices have gone up hugely in Mumbai over the years though the market is a little stagnant at present. Property rates in Mumbai though high, are due for a correction in the near future and may become a little more affordable in a few areas. South Mumbai is the prime residential zone of the city and has the highest property rates. Other areas in central Mumbai and the CBD also have high property rates while the rates are a little more affordable in the western suburbs and also in north Mumbai and beyond.

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