Why invest in South Mumbai

 

South Mumbai: The investment of dreams

The locale of South Mumbai holds much-deserved historical, cultural, and administrative importance in the city of dreams.

With its eclectic mix of colonial-era architecture, financial hubs, trendy restaurants, and vibrant nightlife, it is little wonder that South Mumbai attracts the interest of real estate investors in Mumbai.

Here are a few reasons why you should consider joining them:

Prime location:

Due to its strategic location on the Arabian Sea, South Mumbai is home to the once-fortified city of ‘Bombay’.

Then and now, South Mumbai remains a cultural and financial epicentre, housing major city and state administrative offices, business hubs, and reputed educational, healthcare and financial institutions.

The locale’s rich heritage is reflected in its iconic landmarks and tourist attractions like The Gateway of India, the Taj Mahal Palace Hotel, Marine Drive, etc.

Connectivity and infrastructure:

South Mumbai enjoys a robust public transport network, ensuring inter and intra-connectivity between the city and its suburbs.

It boasts top-notch infrastructure with well-connected roads and highways, two railway terminals, and upcoming projects like Metro Line 3 that promise increased ease of commuting between the town and its suburbs.

South Mumbai is home to an array of public amenities that ensure a balanced lifestyle for its residents.

Attractive returns:

An investment in South Mumbai is a highly lucrative choice for many reasons.

Due to its various educational and business institutions, the locale ensures a steady rental income from students, professionals, and migrants.

The area enjoys a high price appreciation potential due to its luxury real estate, limited availability, and high demand, with 30% of the city’s residential sales being accounted for by South Mumbai alone.

All these factors make it the ideal location for seasoned investors and first-time home buyers alike.

So make the most of the city of dreams with Shapoorji Pallonji Real Estate. Enjoy the magnificent sea views and take the luxury to pause in the city that never sleeps with The Odyssey.

Located near the iconic Marine Drive, their elegant 3 BHK homes let you experience the unique history of South Mumbai firsthand.

Or indulge in a life of grandeur with the Vantage Series at The Minerva, India’s tallest residential tower.

Their luxurious 3.5 and 4 Bed residences offer a bird’s eye view of the city from their 300 m tall tower.

To learn more about SPRE’s state-of-the-art apartments, click here — https://shapoorjirealestate.com/

Originally Published at - https://industryupdates.medium.com/why-invest-in-south-mumbai-336dc083ad75

North Mumbai vs South Mumbai: Which side of Mumbai is better?

 

The age-old question: North or South Mumbai?

If you, like countless others, want to make Mumbai your home, you might have faced the same dilemma: Should I invest in North or South Mumbai?

Here is a look at each side’s virtues and vices before you decide on your next investment venture:

The Historic South:

South Mumbai is home to the remnants of the historical island city and its colonial past. With its eclectic mix of colonial-era architecture, trendy restaurants, and vibrant nightlife, South Mumbai is ‘the place to be’.

It offers a range of attractions for tourists and residents alike — from art galleries and museums to theatres and beaches. One can also travel to nearby tourist destinations like Alibaug and Elephanta Island via the jetties offered at the coastline.

South Mumbai is not only historically significant to the city, but also houses the major city and state government administrative offices, along with major national and international institutions from the private, educational, and healthcare sectors. It is effectively the financial and commercial hub of the city.

These commercial establishments ensure the presence of a well-connected network of public transport for its employees from all over the city, ranging from the ubiquitous local trains, dependable BEST buses, and the distinctive ‘kaali-peeli’ taxis. The upcoming Metro Line 3 promises increased connectivity between the town and its suburbs.

With these exclusive perks comes the higher cost of living, high real estate prices, and increased price appreciation in these areas. South Mumbai offers an array of residences, from elegant colonial-age houses to modern high-rise apartments, ranging between ₹3–100 crore. So if you’re looking to live at the centre of all the action and have the means to do it, join the townies and embrace the ‘SoBo’ way of life.

Enjoy magnificent sea views and take the luxury to pause in the city that never sleeps with The Odyssey by Shapoorji Pallonji. Elegant 3 BHK flats in Marine Drive, let you experience the unique history of South Mumbai firsthand. To know more about their state-of-the-art 3 BHK residences, click here — https://shapoorjirealestate.com/residential/the-odyssey

The Contemporary North:

North Mumbai is the more recent counterpart of the southern city, developed to accommodate its overflowing residents. With its major commercial districts and a blend of residential and recreational areas, North Mumbai makes space for an attractive and affordable lifestyle.

Not to be left out, the areas of Bandra, Andheri, and Juhu boast exciting nightlife with its alluring selection of restaurants and recreational facilities. The beaches of Juhu and Versova offer engaging hangouts for its residents.

Nature and history enthusiasts can enjoy weekend hikes to the Kanheri Caves in the Sanjay Gandhi National Park. Northern Mumbai houses the prominent commercial business district Bandra-Kurla Complex (BKC), reputed IT parks, and notable private educational and healthcare institutions.

The well-connected railway and metro lines ease commuting for its residents who prefer to commute to their southern workplaces. Real estate offerings ranging from affordable apartments to luxurious villas (priced from 70 lakh–7.5 crore) make for a culturally diverse population in the area.

The residential areas of Malad, Borivali, Kandivali, Dahisar, Andheri, and Goregaon are favoured for their cheaper housing options. North Mumbai also houses the domestic and international airports of the city, and the upcoming Metro Line 3 will further ease connectivity to the southern regions of the city.

Thus North Mumbai lets you enjoy the best of both worlds by offering a more peaceful and affordable alternative to the bustling south. Rising commercial presence and work prospects in the region ensure promising long-term returns.

Look for your dream home at the prime location of BKC among the elegant 2 BHK offerings of Shapoorji Pallonji’s BKC 28 and their 2 and 3 BHK offerings at BKC 9.

Enjoy mesmerising views of the Bandra skyline and indulge in an elevated lifestyle at this luxurious destination. To know more about their 2 BHK offerings at BKC 28, click here, and to learn about their 2 and 3 BHK offerings at BKC 9, click here.

Originally Published at - https://industryupdates.medium.com/north-mumbai-vs-south-mumbai-which-side-of-mumbai-is-better-827470fa24d1