Juhu is
one of the best suburbs in Mumbai. It is one of most sought after residential
areas in Mumbai. Property in Juhu is highly coveted. You can find the top
Bollywood stars living in bungalows here. Juhu is a suburb that has it all, beaches
and sea facing residences, they also have the best amenities, like schools and
hospitals and even entertainment facilities like restaurants, nightclubs, movie
theaters and spas.
If you
are interested in luxury projects in Mumbai, Juhu is the place to look. Juhu
property rates are higher than those in the other suburbs but the costs are
justified when you see all that you can get here.
Here are five reasons why flats in Juhu can be
termed as precious gems in Mumbai.
1. Exclusively yours: Juhu
property rates are very high, this ensures that
only a select few in the city can afford sea-facing apartments in Juhu. This
also means that you get exclusive projects, with the most unique and top-notch
facilities in Mumbai.
2. High ROI: For the price you pay
for a sea facing apartments in Juhu you can also rest assured that you will
receive the best returns. You can make a good living just by renting out your
3BHK flat in Juhu. The property also has high resale value, and the prices
rarely if ever go down. The high cost of real estate in justified in the high
returns one gets when they put it on the market.
3. Connectivity and accessibility:
Juhu is a well-connected suburb, it has a good access to the highways and Link
Roads of the city. Getting anywhere from here isn’t much of problem. Connectivity
to the commercial areas of the city will also get better when the multiple
Metro projects in the city are complete.
4. Best infrastructure in the city:
Some of the best luxury residential projects in
Mumbai are in Juhu. Since this is an upscale
suburb of Mumbai, only the top builders in the city have reserved spots for
luxury sea facing apartments here. These projects are some of the luxury
projects in the city.
5. Right time to buy: The government
has recently instated The Real Estate (Regulation and
Development) Act, 2016 (RERA). This act will protect the interests of home and
property buyers, by enhancing transparency in the real estate sector. Builders and real estate agents now
have to register all their new and ongoing projects with the real estate
authority. This act first regulator for the Indian real estate industry.