There’s a lot going on in Mumbai’s real estate. As the country moves forward, so does the technology employed and attitude of the real estate industry. Like everything in the country, the effects are first seen in the city of Mumbai. Property in Mumbai is displaying new trends. Some of them are below:
Property in Mumbai is fast showing signs of turning towards the smart home sector. Compact and technology based homes that are sometimes even connected to your smart phone are quickly gaining popularity in the market. It’d be ‘smart’ of you to invest in them.
2) Eco friendly
Residencies can no longer turn a blind eye to the consumption and carbon footprint of their inhabitants. Developers have taken notice of this fact and have invested heavily in promoting eco friendly homes that do not harm the environment by utilizing sustainable sources of energy and resource conservation.
3) High rise
In Mumbai at least, the average height of residential and commercial projects is getting higher and higher. As the BMC raised the FSI and is contemplating whether to raise it even higher, developers are leaving no stone unturned to capitalize on this opportunity.
Gone are the days when projects used to come with little or no amenities. Today, almost all residencies are providing something or the other to its residents. Swimming pools, Jogging tracks and clubhouses have become very popular.
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