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Mumbai

Maharashtra, India

Mumbai is the capital city of the state of Maharashtra. Known as the financial, commercial, and entertainment capital of the country, Mumbai is a bustling metropolis that attracts millions of people from all over the world. The city is situated on the west coast of India and is home to a vibrant mix of people from different cultures, religions, and backgrounds. Mumbai is known for its iconic landmarks such as the Gateway of India, the Chhatrapati Shivaji Terminus, and the Marine Drive.

The city is also home to several museums, art galleries, and cultural institutions, including the National Gallery of Modern Art, the Prince of Wales Museum, and the Nehru Planetarium. In terms of infrastructure, Mumbai has a well-connected network of roads, railways, and airways, making it easy to travel within the city and to other parts of the country.

Mumbai has several prominent educational institutions, including the Indian Institute of Technology Bombay, the Tata Institute of Fundamental Research, and the University of Mumbai. Mumbai is also known for its thriving business and commercial scene, with several prominent multinational corporations having their headquarters in the city. The city is home to several prominent industries, including finance, media and entertainment, technology, and textiles.

Overall, Mumbai is a vibrant city that offers a unique blend of culture, history, and modernity. With its iconic landmarks, diverse population, and thriving business scene, Mumbai is a great place to live, work, and visit.

Why is Mumbai known

  • The neighbourhoods of Mumbai were western suburbs, Andheri, Bandra, Borivali, eastern suburbs, Ghatkopar, Kurla, Kanjurmarg etc
  • Mumbai is a mix of iconic old-world charm architecture, strikingly modern high-rises, cultural and traditional structures
  • The city is known as the commercial capital of India
  • It is also about art, history, culture, food, theatre, nightlife and a lot more

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Insights about Mumbai

New developments

  • Several new projects are coming in Mumbai, for example major projects such as the Mumbai trans harbour Link connecting Sewri to Nhava Sheva a coastal road being built from Marine Drive to Worli by reclaiming land, an underground Colaba-Bandra- seepz metro and around nine other metro lines-a combination of elevated underground-a taking shape on Mumbai is overcrowded route
  • There are several projects coming coming up in Mumbai for example Lodha new Cuffe Parade, Dosthi West County, Paradise Sai World city etc
  • Among many of the new developments the government of Mumbai is planning a system that is oriented increasing towards servicing elite developments, as opposed to re-distributing benefits through the provision of subsidised housing, transport, health care and education
What is good in Mumbai
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  • The public transport systems in Mumbai include the Mumbai suburban railway, monorail, Metro, buses, black and yellow metre taxis, auto rickshaws and ferries
  • Currently Mumbai is undergoing an infrastructure boom
  • Mumbai-Talegaon Road in Pune is pretty smooth expressway
  • Good night time is generally safe however it is advisable not to roam around at night
  • As streetlights are a critical part of the city's infrastructure from the city roads to the State highways and national highways all our comprised with enough streetlights
  • Mumbai police's boost to patrolling an admirable step
  • Believability score for the park maintenance Mumbai got 140 rank
  • As per the global livability index 2022 Mumbai scored 56
  • Mumbai air quality index is now moderate and secured the rank of 141 out of 173 surveyed cities
  • The average price for properties Top locals of Mumbai like Dadar East, Bandra East and Matunga for Rs 31,000 per square feet, Rs 28,335 per square feet and Rs 29,900 per square feet respectively.
  • As Mumbai is a brilliantly located, promising an ideal place for the office areas, the rent or the prices for these properties are a bit high
  • As the properties near highways Or a prime location, on average the price of the properties gets high
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What can be better in Mumbai
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  • The vehicle density in the city is alarming, with an average 1900 vehicles packed in just 1 km of road
  • Due to lack of availability of land in Mumbai it is difficult to expand the road network and local trains are already over loaded
  • 96% of roads in Mumbai in poor condition
  • Insufficient street lighting makes safety a key concern in sector-nine Ulwe
  • The police patrolling in Mumbai has problems caused by an inadequate quota of Diesel for their petrol vehicles, many of which are old, and hence consume more petrol, the highway police has sought that it be increased
  • The official records on crime and response by the police are usually insufficient in gorging the scale of the problem in some areas of Mumbai
  • overcrowding, sanitation and improper proper waste disposal lead to breeding of flies mosquitoes and rodents that spread diseases in some areas of Mumbai
  • Mumbai has a moderate Air quality index however now people are experiencing a year long air pollution problem in Mumbai too
  • The water infrastructure in Mumbai is more than hundred years old and lacks adequate construction
  • The real estate prices in Mumbai or very high because of the demand and supply, interest rates, location and future development plans
  • As Mumbai is a well connected city, the office areas Are also well connected with the city roads and transportation system therefore the properties in these areas are very high
  • The properties near highways are a bit pricey in Mumbai
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Top Developers in Mumbai

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Lodha Group
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Developer Profile

Lodha Group is among the foremost real estate developers in Mumbai. Established in 1980, the developer etched its name in the history by recording one of the biggest land deal in India when it purchased a plot in Wadala worth Rs 4,053 crore from the Mumbai Metropolitan Region Development Authority (MMRDA). It has also been rated as a profitable real estate player and the largest by sales for three consecutive years apart from being endowed with awards for marketing excellence.

In addition to delivering world-class housing solutions in Mumbai, Lodha Group has expanded its presence in the luxury segment of Pune, Hyderabad and Bangalore as well as the United Kingdom. With 38 years of remarkable journey in the industry, the builder has engaged in strategic forays into all asset classes including residences, IT Parks, townships, offices, weekend retreats and retail spaces.

Experience and Strengths

With a vision of 'Building a Better Life', Lodha Group promotes ‘leadership through innovation’ and has spearheaded several landmark developments such as World One - the world's tallest residential tower, and the Palava City - the first Greenfield Smart City in the country. The group was honoured with the Green Good Design Award 2012 for World One. It won 5 STAR for Best Interior Design for project Lodha Fiorenza.

Led by chairman and founder, Mangal Prabhat Lodha, the company has attained new heights in building outstanding properties that are at par with global standards. The builder strives to create a quality lifestyle and make a difference in the lives of people across all segments. Lodha Group successfully launched its value luxury sub-brand CASA to cater to the mid-income group. With a host of designer residences, the developer has ensured to fulfil the lifestyle needs of many buyers of luxury homes.

Lodha Group crossed a direct employee strength of 3,000 in 2013. A committed management team, equipped with extensive technical expertise and domain knowledge, works towards providing timely and high-quality solutions for its clients. The developer exhibits a passion for going the last mile in order to seek excellence and exceed customers’ expectations. It complied with its corporate values of integrity and ethics when dealing with all the stakeholders.

Projects

Lodha Group has launched over 164 residential projects and is working on 85 ongoing projects. The builder holds the merit of delivering over 35 million sqft of real estate space accounting for about 30 projects in and around Mumbai (from Napean Sea Road to Dombivali).

The Palava city by Lodha Group is an over 4,000-acre integrated city which is set to be one of the world's top 50 most liveable cities. Residential units by the group include 2 and 3BHK apartments of sizes 500 sqft to luxury roomy 4BHK villas of size 5,000 sqft.

Lodha Estrella
Lodha Codename Evergreen

Frequently asked questions about Mumbai

How many properties are available for sale in Mumbai?

There are 55078+ properties for sale in Mumbai.

How many properties are available for rent in Mumbai?

There are 27016+ properties for rent in Mumbai.

What is the average price per sq.ft for a property in Mumbai?

The average price per sq.ft in Mumbai is Rs. 20,885. Check out Property rates in Mumbai.

What are the top projects in Mumbai?

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