What encourages buyers to purchase apartments in Chember

Search for apartments in Chembur? The real estate boom in Mumbai, ready to shell out a huge amount for the purchase of real estate in the outskirts of the city.



Chembur is one of the top destination for investment property in Mumbai. Located along the harbor, this sector has seen tremendous growth in terms of infrastructure and residential space. Many tall buildings arriving in the region, changing the skyline of the city outskirts.

This area has gained great popularity with property buyers. It acts as a link between Mumbai and Navi Mumbai. Because of Highway East, connecting the suburbs has increased in other areas of the city. Freeway cut the travel time for people.

How Investment Advisory Report 2012 from the periphery Knight Frank were listed as the third destination of Mumbai for residential property investments. The first two places were won by Ulwe and Wadala. According to the report, this area has seen tremendous growth over the past five years. By 2017, will see a price increase of 125%.

Experts are of the opinion that this position is one of the best places to invest in the Mumbai Metropolitan Region (MMR). She has seen many changes since the real estate market numbers. From an industrial area into a residential area, this Mumbai suburb has seen many changes over the years.

Advances in IT and ITES companies also helped to change the face of this structure. Many companies have set up their offices in Chembur, he has rejected the demands of commercial and residential properties. According to experts, the creation of IT and ITES companies have managed to revolutionize the industry, making it the hub of cosmopolitan residence.

If you are considering buying property in Mumbai, and no budgetary constraints, this part of town can offer a wide selection of attractive reality. It is expected that in the next three or four years to come, the capital value of the houses in the region will increase. Thanks to the development of infrastructure (in particular highways' east and monorail), strategic location and proximity to other parts of the city, Chembur has attracted a lot of investments in real estate.

Not only large infrastructure, but the plant is also an important factor why this part of Mumbai has become a favorite among the potential buyers. This is one of the great suburbs of the city, has wide open spaces and a mix of high-rise buildings and bungalows. In addition to plants, the area also offers a good mix of colleges, schools and hospitals. Also, public parks, clubs and sports competitions.

Because of property rates soaring, you can get a 2BHK apartment in Chembur between 95 Lack INR 2.5 core (as activity levels in 2013). This is not high just a few years ago (in 2011, the property can be found in the area in 8000 and INR 10,000 per square foot). However, infrastructure development contribute to high rates. Today, every square foot of the properties in the frequency range between Chembur 14,000 to 27,000 INR. Rates vary based on location, the quality of construction and the services offered by the developer.