Flats in Mumbai for 60 Lakhs

Flats in Mumbai for 60 lakhs

Mumbai, the financial and entertainment hub of the country is the most sought after destination for property purchase. The numerous job opportunities offered here and the steady economic growth of the city are the key drivers for the booming real estate sector in Mumbai. The continuous increase in demand for affordable housing makes the residential real estate of Mumbai city an attractive proposition as the prices are anticipated to appreciate further yielding high returns which shall be beneficial both for investors and end users.

With the prices on a continuous upward trend, looking for flats in Mumbai for 60 lakhs seemed to be a distant dream. But to add wealth to the city’s residential reality market, there are several projects lined by acclaimed builders that are available within the budget of Rs 50-60 lakhs. Within this budget bracket one can get a 2 BHK residential 2BHK flat fully loaded with basic facilities and amenities either nearing completion or ready to move in. These apartments are a part of the Mega Township projects developed in the city, are capacious enough and are well connected to the prime locations by all modes of transport.

We are listing some areas in Mumbai that are having horde of projects offering flats in Mumbai for approximately 60 lakhs.

Mira Road

This is one of the rapidly developing suburbs of Mumbai and provides good connectivity to the city. Its strategic location which is a combination of affordability and development makes it a preferred destination for investment. Its proximity to the international airport, availability of wide range of budget homes for people of all classes of society, good infrastructure development and the presence of social and civic amenities like schools, hospitals makes this area a lucrative investment option. This is the location where you can get homes within the budget of Rs 55-60 lakhs as per your requirements.

Dombivli East

This area is a favorite destination for those wanting a sophisticated lifestyle in peripheral locations as the literacy rate here is comparatively high and has a lot of commercial developments.

Ulwe

This is yet, another well planned location and emerging hot spot of Navi Mumbai as it houses a huge range of affordable properties priced between Rs. 55 to 70 lakhs for a 2BHK apartment. This is an investor’s hub and fast developing destination of city as the prices here are relatively lower in comparison to areas like Vashi. The good infrastructural development and easy connectivity to anywhere and everywhere in Mumbai makes it an appealing investment option. The prices are expected to appreciate further due to the development of SEZs and forthcoming Seawood-Uran suburban rail network, which will link the prime business locations via a rapid transport system.

Kamothe

Famous as Mansarovar, this well planned area lies in Raigarh district and has good connectivity to prime locations in the city. Panvel: Panvel is the most secure, systematically planned, green region of Mumbai, famous as the heart of the city and is seamlessly connected to the neighboring areas of the city and Pune via Pune Expressway. This is main location for providing budget homes to people in the range of Rs 45 - 70 lakhs. Property rates here are expected to increase due to the upcoming 22km sea link which will reduce the travel time to the city. Taloja: It is another upcoming location well connected to the prime areas of Navi Mumbai both by rail and road and is an attractive investment option for the local builders for some good residential developments in the area. One can get find properties in the budget of Rs 50-60 lakhs in this area.