Mumbai's real estate landscape is experiencing a significant transformation, with the Central Suburbs quickly becoming a preferred choice for property buyers.
MumbaiReal EstateCentral SuburbsProperty MarketInfrastructureReal Estate NewsDec 04, 2024
Mumbai's Central Suburbs include areas such as Mulund, Chembur, and Nahur, which are known for their urban convenience and affordable living options.
The Central Suburbs are growing in popularity due to their competitive pricing, improved connectivity, and key infrastructure projects like the expanding Metro network.
According to Knight Frank India, the market share of the Central Suburbs in Mumbai's real estate increased from 29% to 31% in October 2024.
There is a rising demand for larger homes, specifically apartments ranging from 1,000 to 2,000 square feet, as buyers prioritize more spacious living.
The growth of the Central Suburbs is driven by competitive pricing, improved connectivity, key infrastructure projects, and the availability of well-connected public transport and commercial hubs.
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