Sunday 6 September 2020

Flats in Bandra – Key factors to consider whilst investing in a property here

 

Bandra is one of the most luxurious locations in Mumbai. Flats in Bandra have always been in demand. The main reason for this is its Arabian sea facing location. Bandra is also home to many of the Bollywood celebrities. It has famous locations and monuments such as the Mount Mary Church, Carter road, shopping areas such as Linking road, Hill Road etc. Let's check out the key factors why one must think of investing a home in Bandra. 

  1. A good standard of living

One of the primary reasons why people wish to invest in apartments in Bandra is because of the good lifestyle and high standard of living. Posh clubs, gyms, restaurants, outlets, international schools, reputed colleges and institutions provide a good standard of living to you as well as your family. It contributes status and reputation to you and your loved ones. 

  1. Property appreciation

Property in Bandra is known for sky reaching prices. It is because property prices in Bandra have appreciated tremendously over the years. As compared to property in Mumbai suburbs such as Andheri and Borivali, property in Bandra and Mumbai town area appreciate at a higher level. 

  1. Easily accessible

Bandra is a very accessible location from all regions of Mumbai. Whether it is south Mumbai regions like Churchgate, Lower Parel, Dadar or Elphistone road, Bandra is easily accessible from all locations which makes commute to work or for business reasons very convenient. Bandra is also connected to the commercial hub of Mumbai which is Worli through the new Bandra-Worli sea link. This is why many settle in Bandra with their families. Purchasing a 2 or 3 bhk in Bandra is a good investment. 

  1. Upcoming Investments

Bandra Kurla Complex is another upcoming area in Mumbai which is located in the Bandra belt. This is both a famous commercial as well as residential area in Mumbai. Areas in Bandra Kurla Complex are known for its appreciating prices and good standard of living. Investing here can fetch good property value in the future. 

  1. Rent value

This is the most important key benefit of investing in residential properties in Bandra. Many people who come from other towns and cities here wish to reside in Bandra not just because of its accessibility but also owing to the many opportunities and scenic view of Bandra. This is why investing in property here and putting it on rent can fetch a large sum of investment amount which is a good real estate strategy. 

These key factors ensure that you make the right choice of investing in a prime location like Bandra. Invest now and reap the many benefits it has to offer.

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