5 Affordable Localities Where You Can Buy Property in Mumbai

  • Are you looking to buy a flat in Mumbai? Is the high price of property in Mumbai is not letting you buy your dream home?

    Mumbai is a city that has one of the most expensive areas in the country where the property prices are skyrocketing. Still, there are a few areas that you can call affordable and buy your flat in Mumbai.

    This post is about five of such areas where you can easily invest your money and buy property in Mumbai. Here we go:

    1. Dombivali:

    Are you looking for a Mumbai locality to provide you with a suburban lifestyle near a set of commercial development? You can count on Dombivali as it’s an affordable choice to have a home in. You can buy property in Mumbai in Domenicali's Lodha Palava City that is boosting the real estate market in the area even more. The place has convenient connectivity with popular hubs of Thane and Navi Mumbai. The proposal of Monorail in Dombivali is sure to boost the real estate further.                             

    2. Airoli:

    You can also count on some Navi Mumbai areas to book your new flat in Mumbai. Two of the places where the urban population can reside with all modern amenities are Airoli and Diva. The price of the properties here starts at Rs.25 lakh only. Local trains and bus services are easily available. You can also find places of recreational activities around the radius of the locality.

    3. Mansoravar:

    The Kamothe area which is also popularly known as Mansarovar is yet another prime location in Mumbai. You can find affordable housing solutions here. The area is located in Sion-Panvel Highway and connects all major job locations of the city easily. Homes are available at affordable prices here and have a good demand from middle-income groups.

    4. Ulwe:

    Ulwe is one of the major and red-hot real estate destinations of Navi Mumbai. The value of real estate in Ulwe has skyrocketed in the recent past. Here, you can see more than 1000 real estate projects taking shapes by developers. Out of these, a majority of the projects are in the affordable range. The area is set to rise as the next Vashi of Mumbai, given its pace of superbly planned development.

    5. Mira Road:

    Mira Road comes under one of the major districts of Mumbai which is Thane. The locality is one of the fastest growing suburbs of the metropolis. The area is well dotted by many vast salt pans and small developments. The best part about Mira Road is that it has still got its natural beauty intact. While most of Mumbai is lost under a sheet of the concrete jungle, Mira Road is one of those areas where you can find some greenery. The place has many affordable to mid-range housing solutions under the budget of Rs.60 lakh. JP North Mira Road and Kalpataru Paramount in Thane district are some of the best locations where you can buy a property in Mumbai.

    Some of the most affordable areas where you can buy a flat in Mumbai are discussed in the article to help you become aware and make a buying decision. You can also turn to the home loan facility if you are short of some funds from online lenders.

    Bajaj Finserv offers some amazing pre-approved offers on housing finance, personal loans, business loans, and many more financial products. The purpose of creating these offers is to make your loan application uncomplicated and faster.

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