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Mumbai’s residential sector witnesses demand for better infrastructure

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Mumbai’s residential sector witnesses demand for better infrastructure

Demand for 3 BHK flats in Mumbai has always been high as most developers or market experts will tell you. This is primarily because most contemporary and nuclear families are opting for this configuration even if it means shelling out a little extra. Space comes at a premium in Maximum City though some strategizing and planning can help you land the best realty deal for yourself. However, in recent times, with a boost to the economy and strategic industry friendly measures undertaken by the Government, property experts are convinced of further growth and progress in the next two years. Developers are rolling out landmark projects in several strategic locations in Mumbai and these are attracting healthy attention from buyers and investors alike. Mumbai is also witnessing the return of the active investor who would look for properties that offered tangible future returns and quality infrastructure alike. Residential property buying is also on the rise owing to positive market sentiments, higher disposable incomes and better property deals from Mumbai realtors. All these are factors boosting the growth of the realty market at present.

However, there are some marked differences in preferences and needs for buyers when choosing say 3 BHK flats in Mumbai or any other apartment type. Buyers are now more fastidious about their preferences and this has extended to premium amenities and facilities at projects. Buyers are willing to compromise on location and other amenities for some basic lifestyle conveniences and luxuries within their complexes or residential towers. This is one trend that has been gaining immense traction in the market of late and experts have been noting a marked preference for premium amenities at projects including terrace gardens, swimming pools, high speed elevators, proper car parking facilities, earthquake resistance, Vastu compliant architectural layouts, top notch internal fittings and finishes and most importantly, a well integrated security system.

These amenities are now important for buyers and if they can be garnered along with prime locational advantages and connectivity, the better the proposition. Several developers are currently coming up with landmark projects that focus on offering these premium amenities and conveniences to buyers before anything else. Be it 3 BHK flats in Mumbai or flats with 1 and 2 BHK configurations, prospective buyers want their share of lifestyle amenities and other facilities. Proximity to Juhu Beach or other beachside zones is another factor on the wish list of most buyers.

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