Mumbai Real Estate: Money, Glamour, Buzz

By: George Gonigal

Mumbai is getting cramped by the day as an estimated 300 poor families arrive each day in search of work. Despite congested traffic, a lack of housing, under-rated water supply and an unreliable power system, Mumbai real estate prices continue to hit high. As a result, Mumbai property is scoring a high on space that is increasingly in premium demand.

Mumbai is aptly called the commercial and business capital of India as forty percent of India's taxes come from this city alone. A favorite with the NRI citizens, Mumbai is undoubtedly one of the most preferred destinations in India for real estate investments.

Buying apartments in Mumbai is considered a big asset that will always earn rich dividends as Mumbai property values are at par with most of the advanced and developed cities of the world. Also, major financial institutions, banks and stock exchanges and the head quarters and administrative offices of major business houses add to real estate glory in Mumbai.

In fact, some of the real estate projects by builders and developers are landmarks and edifices of luxury and elegance in the realty circles. A significant addition from D S Kulkarni Developers is Savai Gandharva Smruti Bhavan. A masterpiece from Mr. B.V. Joshi (one of the leading international architects), it is an ultra-modern school for classical music learning, which is inclusive of all the modern facilities.

Hiranandani Real Estate has some of the unique trends of integrated or mixed townships in India. Today the apartments, buildings and properties in terms of quality and style, Hiranandani Real Estate has added a feather in the cap of . It has been rightly marked that property developers have been instrumental in shaping the lifestyle as well as commercial activities of Mumbai

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