Regal Real Estate

Archive for the ‘Bandra’ Category

Mumbai city’s hottest housing industry is BANDRA

Right now, one of the hottest real estate markets is Bandra; I am aware that the word “Bubble” can often be overplayed but also in Bandra’s market it really is unavoidable. What’s happening in the market is important as you would expect.

Bandra property is the ‘Swiss Bank Account’ from the Twenty-first century. It’s seen as a relatively safe place to place your money if the objective is capital appreciation. Funds are safer invested in property in Bandra in comparison to a Swiss Checking account. While prime Bandra sales prices have doubled previously 5 years, prime Bandra rents in addition have risen by greater than 50%. The market in Bandra is being driven by the insufficient range of high quality space due to lack of open land for development.

Though Bandra West remains to be the much-coveted, Bandra East, too, is shaping up as an important residential destination. The emergence of the Bandra Kurla Complex (BKC) has changed the facial skin with the entire area thereby setting up a strong interest in housing. Currently Bandra is merely witnessing re-development projects as old buildings are scrapped to develop high-rise towers by developers. Residing in a spot like BKC is really a dream come true for any person.