Mumbai has plenty of commercial properties. There are many well-establishes commercial spaces in Mumbai. Places like BKC, Lower Parel are known as the commercial hub of Mumbai. Of course, not all can afford buying/renting office spaces in these areas. Other areas like Bhiwandi, Navi Mumbai, Thane also have quite a lot of commercial areas for people from all income segments who want to invest in commercial real estate.
Below are a few places where one can think of investing in commercial property in Mumbai:
1) Commercial Property in Thane: Thane is one of the best places in Mumbai to invest in a commercial real estate. Thane’s connectivity to other parts of the city makes it an ideal area for commercial purposes. Also, Thane has affordable rates and ample of space thus making it one of the top choices of investors looking for investing in a commercial property in Mumbai.
2) Commercial Property in Lower Parel: Some of the most elite company office spaces in Mumbai are in Lower Parel. Lower has become the hub of commercial offices in Mumbai. Lower Parel is very well connected to the city’s most top-notch areas and also has plenty of commercial spaces for rental purpose as well and hence you may find many offices here. Also, it has a very good social infrastructure, which makes it a popular choice among investors to invest in commercial property here.
3) Commercial Property in Panvel: Panvel is one of the rapidly developing areas in Navi Mumbai. Panvel has ample of space for real estate development and is well connected via roads and railways. Panvel has affordable rates for real estate but with the announcement of the upcoming airport and the trans-harbor link, the demand for both residential and commercial real estate property has risen in Panvel. A lot of real estate developers have begun to invest in Panvel’s real estate for both residential and commercial sectors.
4) Commercial Property in BKC: BKC (known as the Bandra-Kurla Complex) is one of the high-end areas of Mumbai where there are many office spaces. BKC is centrally located in the city and has very good connectivity via the roadways. BKC also has a very good social infrastructure and also has very good facilities like schools and hospitals nearby as well thus making it one of the most preferred places to invest in commercial real estate. However, not everyone can afford he prices of the commercial/residential real estate here.
Apart from these, there are many other areas in Mumbai where one can think of considering investing in commercial real estate. Although, you might want to do your research well and decide your budget before finalizing on any property.
