Wednesday 6 July 2016

Mumbai attracts more investors and end users to buy house in Mumbai.

http://www.propchill.com/projectlist/real-estate-property-in-mumbai


Mumbai , the capital of Maharashtra is also touted to be the financial and commercial sector of the country.  Accommodating a whopping population, Mumbai is known to be one of the populous cities in the world. This fuels the demand of real estate in Mumbai in order to cater to the residential needs of the vast population.

Mumbai is not just the economic hub, but also the cultural and political hub of the country. The city of Mumbai has excellent transport infrastructures. It is connected to all major cities via road, rail and airways. The Mumbai airport is one of the busiest airports in India. The civic amenities are also steady and reliable. The overall infrastructure has seen a drastic improvement over the past few decades. The city boasts of world class infrastructures and a workforce of both skilled and unskilled workers. The city acts as a magnet for migrants from all over India due to the business and investment opportunities it offers to people. These factors have combined to act as stimulator in the demand of real estate in Mumbai.

Mumbai is known as the financial capital of India. It contributes about 5% of the total GDP of the country and is also one of the largest cities. The per capita income of the city and the living standards are higher than most parts of the country.

Major industrialization in the last three decades  has made Mumbai one of the best destinations for investment in India. The city of Mumbai now boasts of business opportunities in sectors such as chemicals, pharmaceuticals, information technology, engineering and biotechnology. The city of Mumbai is also a major center for services and outsourcing industries.

The city is also fast becoming a center for IT (Information Technology) related services. Several IT parks have either already come up or are in the process of being established. The government has announced a host of policies to support this sector. This is one of the strong reasons that people are looking forward to buy house in Mumbai.


Several Fortune 500 companies, multinational companies and banks have their bases in Mumbai. The city also offers excellent educational facilities. The city has reputable management schools and other educational institutions.

The government of Maharashtra has made several policy announcements to attract more investment to the city. The government has set up various agencies to encourage both private and public investment by creating a favorable industrial climate in the city, generating employment opportunities and providing an edge to the industrial units of the city over their counterparts. Moreover, the government of Maharashtra has made the process of establishing a new business in the island city much easier than earlier.

Mumbai has been voted one of the top cities of the world. It has a lot to offer to all kinds of businesses and the investment opportunities are innumerable. These are the reasons that are attracting the interest of more investors and end users to buy house in Mumbai. The lifestyle quotient of the city is high and is one of the best cities to live in India.

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