Why is the luxury segment a preferred choice for 2022 vrajtiara.com
The pandemic has made the world realize the value of investing in flats in Mumbai and other growing metros in the luxury segment. With the markets reopening, the economy is also regaining its lost steam. The real estate sector in south Mumbai, in particular, has benefitted from the significant development in the infrastructure viz Eastern Freeway extension, the 22.2 km along the western Coastal Road being built from Marine Drive to Worli, underground Colaba-Bandra-Seepz Metro, Worli Sewri connector, water taxis, etc.
This development in infrastructure has also become a significant factor for most of the HNI homebuyers who are optimistic about investing in luxury properties, especially the 3 & 4 & 5 BHK luxury sea-facing apartments in south Mumbai. South Mumbai, namely Worli, has a strategic location and easy connectivity to major business zones in the Western Suburbs and South-Central Mumbai, making it the preferred residential address. The reduction of the number of COVID cases and the learning from the past waves has brought the preparedness of the segment to retain its buyer’s interest based on location and lifestyle preferences.
Report Story