Despite the long-standing unaffordability in South Mumbai, there are still opportunities to find homes under Rs 4 crore. Explore these neighborhoods for a premium living experience without breaking the bank.
South MumbaiAffordable HousingReal EstateRedevelopmentMhadaReal Estate MumbaiJan 08, 2025
Areas like Chembur, the eastern seaboard (Trombay to Wadala and Sewri), Wadala, Dadar East, and Byculla offer homes under Rs 4 crore. These areas are seeing a mix of new projects and redevelopment opportunities.
Chembur is considered affordable due to its proximity to both South Mumbai and Navi Mumbai, easy connectivity, and the presence of new and redevelopment projects. However, height restrictions near the Mumbai airport limit the supply of high-rise buildings.
MHADA provides affordable housing in well-connected suburbs, with homes priced between Rs 80 lakhs to Rs 3 crore. However, the lottery-based system often limits the inventory, leading many to prefer the open market.
Yes, Wadala is set to see increased connectivity with two new lines of the Mumbai Metro, including one that connects to the Fort area. The trans-harbour Atal Setu, which terminates in Sewri, is also expected to boost interest in the area.
One-bedroom apartments in Dadar East are available in the under-construction phase and typically sell for around Rs 1.62 crore according to listings on sales platforms.
Kamala Mills owner and real estate developer Ramesh Gowani has been arrested by the Economic Offences Wing (EOW) of Mumbai Police in connection with a Rs 67.50 crore fraud case.
Ajit Pawar, the Deputy Chief Minister of Maharashtra, has reassured the public that the recently allocated ministerial portfolios will soon see ministers actively addressing the concerns and needs of their constituents.
Dubai's property market offers competitive pricing, higher rental yields, and significant tax benefits, making it a top choice for foreign investors. This article compares real estate investments in Dubai with major Indian cities like Mumbai, Bengaluru, a
With verified listings, investment opportunities, and financial support, Property Box is a game-changer for the real estate industry.
The Mumbai Metropolitan Region Development Authority (MMRDA) has announced plans to construct an elevated road on the Eastern Express Highway to enhance traffic flow and reduce congestion. This project aims to provide real-time alerts to authorities for s
The Gram Sabha of Morjim has vehemently opposed the Rs 8 crore parking project proposed at Morjim Beach, raising concerns over the environmental impact and the involvement of non-Goans in nearby land purchases.