Where and how will you get property in Mumbai for Rs 1 crore, know what are your options

Are you wondering what kind of property you can buy in Mumbai with a budget of Rs 1 crore? (Representational Image)

Are you wondering what kind of property you can buy in Mumbai with a budget of Rs 1 crore? You have a choice of studio apartments in central Mumbai to 1 BHK flats in remote suburbs.

Are you thinking that in the budget of Rs 1 crore, Mumbai (Mumbai) in what kind Property (Property) can buy. You have a choice of studio apartments in central Mumbai to 1 BHK flats in remote suburbs. If you are lucky, you can even find a small commercial space in Dahisar, Borivali and Mulund. Mumbai is the financial capital of India and this metropolis (Metro City) Apartments in Rs. 1 crore (apartment) Very difficult to find. But there are many options available in the Mumbai Metropolitan Region (MMR). The MMR also includes neighboring cities, including Thane, Navi Mumbai, Kalyan and Dombivli.

Mumbai Suburbs

If you are looking for 1 BHK apartments in Mumbai in this budget, then Suburbs is the only option. In areas like Thane, Navi Mumbai, Kalyan and Dombivli, a buyer can easily get a residential property between Rs 5,000 and Rs 15,000 per square foot. These properties are located in Malad, Kandivali East and Thane. These also include properties from reputed developers, which offer great amenities and good quality construction.

studio apartment

If you want to live in the posh areas of Juhu, Khar or Bandra, then you can get a studio apartment for Rs 1 crore. The average carpet size of studios in areas like Andheri, Santa Cruz and Vile Parle is 180 to 200 square feet. Studio apartments in Borivali, Kandivali and Malad range from 250 to 300 square feet.

If a buyer wants to buy a place in Thane, Navi Mumbai and nearby areas, then he can also get 3 BHK apartments. Moving away from the main areas of the city, property prices will come down.

According to an analysis shared by Knight Frank India, out of the total registrations done in Mumbai, deals of Rs 1 crore and less accounted for the highest 46 per cent share. In May, 9,523 units were registered in Mumbai, which contributed Rs 709 crore to the state’s revenue.

read this also



Home buyers can get deals up to Rs 1 crore within the city of Mumbai only if they are willing to live in an old building.