Mumbai is one of the major cities of India that comprise the various destinations for residential and commercial projects for realty development. Mumbai comprises the real estate development in the suburbs region that influences the developers for the investments. The residential properties in Mumbai are continually growing to the peak by the presence of commercial investment zones in their varied places. The real estate builders and developers determine the commercial investment hubs by involving in the activities of exploring every edge of the city.

Top 5 Commercial Localities in Mumbai

The top 5 commercial hubs in Mumbai are described as follows:

1. Khargar

Khargar is one of the suburbs in Mumbai that offers good connectivity with developed social infrastructure and various influential factors. The area covers around 1,700 hectares and provides proximity to the regions such as Belapur, Taloja, and Mahape CBDs. This region offers social infrastructure development such as the widening of the roads, development of parks, and the profusion of the best surroundings. The locality also helps to connect roadways and railways. The main factor that influences this region is the presence of the Navi Mumbai airport at the distance of 39 kilometres. The trends are improving with the enhancement of Mumbai property rates.

2. Chembur

Chembur is one of the suburbs in the eastern part of Mumbai that offers major transformations with social infrastructure and other influential factors. This region is situated centrally with great demands in the real estate sector. This locality provides the proximity to Eastern Freeway, Santacruz-Chembur link road, Chembur Monorail Station and Western Highway that connects the Bandra and Kurla. The highway connecting Eastern Express and Sion Panvel had influenced the commercial investments in real estate Mumbai by contributing the increase in the capital rates by 15 to 20 percentages.

3. Mulund

Mulund is the locality to the west between the cities of Thane and Mumbai that offers major transformations with seamless connectivity. This locality fulfils the needs of people with different lifestyles. The amenities of this locality had improved the scenario of the real estate due to which there is a huge demand of 2-3 BHK apartments in Mumbai in this area.

4. Thane

Thane is one of the growing suburbs in Mumbai that offers a significant rise in real estate investments and development. This locality provides the proximity to commercial hubs in Mumbai. Thane exhibits the elevated amenities and living standards for the real estate developers, individuals including buyers and sellers. It exists as one of the investment hotspots in Mumbai. The influential factor for this locality included the robust connectivity to eastern, western parts of the city through the Eastern and Western Express Highway respectively. This region shows the continual increase in the price that contributes every year in Mumbai property rates.

5. Panvel

Panvel is one of the advanced and planned localities in the heart of the Mumbai that offers significant connections to the Mumbai exteriors such as Pune and all other regions around the Pune by Pune Express. The real development is observed due to the presence of sea at the distance of 22 kilometres between Sewri and Nhava Seva. The influential factors for the price appreciation include the proximity of 5 kilometres to Navi Mumbai International airport and greenish surroundings.

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