Demand of residential project in Mumbai depends on work place
It is analyzed by a real estate consultant firm that Mumbai has a deeply ingrained work culture. The people of Mumbai always prefer to stay in a place which is closer to their work place.
As many companies are expanding their process in the suburbs, new commercial and residential projects are coming up rapidly in the Mumbai suburbs.
It is found that the demand for residential spaces in any locality of Mumbai results from that area’s ability to generate employment.
Navi Mumbai, as a unique economic microcosm with relatively well-planned infrastructure and connectivity, has proved to be most preferred real estate destination in Mumbai.
Mumbai is a city where the walk-to-work concept remains an elusive dream for the majority of its inhabitants, the highest demand for homes continues to be in and around the primary and secondary business districts.
To read more real estate stories:
Omkar realtors focusing on redevelopment projects in Mumbai
Source: Money control
Apartments in Mumbai, Projects in Mumbai, Properties in Mumbai, reale state in Mumbai, Residential projects, Residential projects in Mumbai
