Mumbai : A Hot-Spot for Luxury Homes

Mumbai : A Hot-Spot for Luxury Homes

Owning a property in Mumbai is on the list of many. This city attracts many high-end buyers who wish to own some luxury homes. Mumbai is a hotspot for billionaires to have luxurious homes. However, how do you make sure that the house is a luxurious one? Whether it is a luxury flat, villa or a penthouse, a few factors make it luxurious. A luxury home has the following features:

1. High-Quality Construction
2. Technologically competent
3. Huge space of more than 3000 sq. ft.
4. Upmarket locality
5. Aspirational Neighborhood
6. Trendy built up
7. Amenities

A luxury home can also be a flat in Mumbai. Many luxury apartments in Mumbai have grabbed the attention of buyers. Real estate builders in Mumbai have come up with many projects in some posh areas in Mumbai. Flats in South Mumbai, Worli, Lower Parel are some top picks. Here we list a few more areas where you can find ultra-luxury apartments in Mumbai.

1. South Bombay

South Mumbai or SoBo is the hippest part of Mumbai. With iconic landmarks, famous schools & colleges, restaurants, hotels etc, this part of Mumbai is frequented a lot by the elites. This is where you will find those dreamy sea-facing luxury apartments at places such as Nariman Point, Juhu etc.

2. Worli

The seaside promenade with the view of the Arabian sea and the beautiful Bandra-Worli Sea Link makes Worli an upscale, classy locality to own a luxury flat in Mumbai. The city’s biggest real estate builders have their projects in Worli. Hence flats in Worli are in high demand.

3. Lower Parel

Lower Parel is more like a commercial hub of Mumbai with business giants having their offices here. The area is a mix of both corporate parks as well as non-corporate spaces such as residential building, restaurants and shopping malls. This is a prime location for luxury house in Mumbai due to its proximity to these corporate parks. Flats in Lower Parel offer you the best connectivity to your workplace if it is in Lower Parel too.

4. Khar

Khar is an exclusive and highly-rated area for flats in Mumbai. The area includes residences and production houses of Bollywood celebrities. Khar also has some of the most prestigious sports clubs and gymkhanas of Mumbai. It is in close proximity to a lot of reputed schools, pharmacies, parks, restaurants etc.

5. Bandra

Bandra is one area which is frequented by many for the famous Bandra Bandstand and the Bandra-Worli Sea Link. Areas like Carter Road, Pali Hill etc have a range of luxury homes.

6. Juhu

Juhu is one area where you find the elite of Mumbai. Renowned Bollywood actor, Amitabh Bachchan has his residence in Juhu. Juhu has a famous beach which goes by the name of Juhu Chowpatty. This gives you one more chance to own a sea view flat in Mumbai.

7. Andheri

With the advent of the metro, Andheri has become a residential as well as a commercial hub in Mumbai. It has good connectivity via road and rail too. There are also many prime hospitals nearby and has some very good residential projects.

Reasons Why Mumbai Is a Popular Destination for Luxury Homes

1. Prime Location

Majority of the best luxury flats in Mumbai are situated in prime locations. Of these some of the best flats in Mumbai are in South Mumbai. These prime locations have all the possible amenities such as reputed schools, colleges, hospitals, restaurants, lively nightlife and a lot more. Buying a flat in an upmarket locality is a form of investment with good returns.

2. Sea View Flats

Imagine waking up to the waves of the sea visible at a distance with the light sea breeze coursing through your home. This is how incredibly peaceful sea-viewing flats can be.

3. Good connectivity

No matter where your luxury home is located, different parts of Mumbai are perfectly connected via rail and road. You can reach from one point to another easily.

4. Affluent Crowd

The kind of locality you live in with the kind of crow really matter as at the end of each day you have to get back home in the vicinity. If you own a luxury row house or a penthouse or a flat in a prime location in Mumbai, then you get a chance to live in the vicinity of the elite crowd of the city. This is definitely a push to your social status as well as to the standard of living.

There is a rise in the demand for luxury apartments in Mumbai. Real estate builders in Mumbai are coming up with a lot of luxury residential projects in Mumbai which involve hi-tech homes with state of the art facilities. Adding to this, some builders are also building ultra-luxury apartments in Mumbai. These are going to be a notch higher than the luxury homes with high levels of customization as per the buyer’s demands.