The property market in Mumbai is one of the biggest in the south Asian market. The East Mumbai region was considered one of the most undeveloped areas of Mumbai few years ago. The place was labeled as the down-market and nobody preferred to buy property over here. As this area had hardly anything in the sphere of the entertainment, quality education or the health care. But things have changed as per the time. The entire area has seen the immense development in the last two to three years. The properties for sale in Mumbai will be growing dynamically.
Besides the Gateway of India, the main area in Mumbai and the trademark area, South Mumbai now have boasts of a huge number of malls, multiplexes, amusement parks and entertainment hubs, as well as a lot of the township projects. The area is no longer a locality of the less-endowed as every big brand today competes to have presence in the region that includes Andheri, Nairoli, Malad and Powai. There is a huge demand of both commercial as well as residential properties in Mumbai. The rates of both commercial as well as residential properties for sale in Mumbai in these regions have increased tremendously. Bandra is one of the promising investment destinations in Mumbai. The realtors and property developers consider this sudden spurt in Mumbai real estate as part of the universal phenomenon of the explosion of tier 2 cities across the country. There are apartments in Mumbai for rent in different locality and in an affordable price.