An investment in immovable assets is ideal to safeguard your future financially. A high return on investment is a pivotal reason to invest. Here we list all the reasons to make luxury studio apartments in Mumbai the perfect investment portfolio.
Top Reasons for Investment in Studio Apartments in Mumbai
REITs - Real Estate Investment Trusts are idyllic for new-age investment. The reputed developers hold these immovable assets, and their lease/rental value is shared as a dividend amongst investors. Thus, an individual can realise the dream of property ownership. Also, it is a value addition to an individual's balance sheet in the newest yet safest manner.
Global Connectivity - The grooming of seaports enhances trade across the globe via waterways. Thus, world-famous companies found an entryway to India's financial capital city. Mumbai Port handles 10% of the shipping cargo business and is an important player in the country's marine infrastructure. Managed by Mumbai Port Trust, it handles businesses across industries; thus, business tycoons from around the world are on an official trip to the city.
The second famous seaport in the city is Jawaharlal Nehru Port. It is well-positioned within Raigad district and is accessible via Thane's Creek Bridge. It is India's largest container-handling port with business spread to Gujarat, Karnataka, and North India. Thus, business trips by industry bigwigs ask for a luxury yet relaxed stay.
Robust Infrastructure - The famous Bandra-Worli Sea Link connects the entire city from one end to another. It is a 5.6 km long sea bridge to ditch vehicular traffic and reach timely for meetings. Thus, a compact residential property in proximity to the sea link leads to a high return on investment.
Mumbai-Trans Harbour Link - It is a recently launched longest sea link in India and is officially named Atal Setu. Its 21.8 km long stretch simplifies travel in Mumbai and cuts down the travel time manifold. The link connects with the Mumbai-Pune expressway and ensures smooth travelling. The localities nearby the link are witnessing high demand. Thus, property prices are sky-rocketing, and a studio apartment in Mumbai neighbouring it will make investors multi-baggers. The luxury studio apartments in Mumbai offer secure, compact, and quiet stays on official tours.
Factors Behind Surge in Demand for Studio Apartments in Mumbai
There are plenteous perks of investment in studio apartments—from wealth creation to enduring returns. Enjoy the wise decision of ditching other investment portfolios. Here is the list of factors to consider when buying a studio apartment in the city.
- RERA-Registered Projects - The Real Estate Regulatory Authority monitors the property market. Thus, each property project is introduced after receiving the RERA number. The unique registration number offers an identity and assures that the project structure follows the norms laid by the RERA authority. Thus, there isn't a chance of illegal construction or development on an encroached land parcel.
- High Return on Investment - The influx of professionals and companies in the city is creating massive job opportunities. With this, the demand for qualitative residential accommodation also ascends. Thus, investors have the chance to receive high rental value or lease rent.
- Soaring Demand - In today's time, MNCs look for a comfortable and secure suite for their visiting professionals. However, with inflation and F&B pricing going upward, presidential suite traffic is on the higher side. Thus, MNCs prefer leasing studio apartments in Mumbai.
- Easy Accessibility - The studio apartments in the city at 0 km from the Mumbai–Greater Mumbai expressway ensure seamless accessibility across the city. With the well-positioning of studio apartments in Mumbai, timely arrival at scheduled meetings is assured. There are several lounges and shopping malls in proximity to explore.
Hence, the investment in luxury studio apartments in Mumbai is safe.