Hi Guys
If anyone could advise me on which is a good location for property investment around Mumbai or Pune.. I am looking for a property purchase purely from investment point of view. Budget is around 60L and would like to go for under construction property to be completed by 2014
I visited two areas Global City Virar west and Ulwa Navi Mumbai . Both have terrible infrastructure and looks like it will take more than 10 years for any meaningful appreciation. My investment horizon is 5-7 Years Max
Any other areas around Mumbai Navi Mumbai or Pune suggested?
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  • Originally Posted by yashGautam
    Hi Guys
    If anyone could advise me on which is a good location for property investment around Mumbai or Pune.. I am looking for a property purchase purely from investment point of view. Budget is around 60L and would like to go for under construction property to be completed by 2014
    I visited two areas Global City Virar west and Ulwa Navi Mumbai . Both have terrible infrastructure and looks like it will take more than 10 years for any meaningful appreciation. My investment horizon is 5-7 Years Max
    Any other areas around Mumbai Navi Mumbai or Pune suggested?


    MIRA ROAD in western line ....... better to increase your budget and book in mira road rather than in virar's far off area.

    NERUL / KHARGHAR in navi mumbai

    ULWE also........................but its a new area and every new area requires at least 5 years to properly develop ......... BTW......... Ulwe is only 5-7 kms away from already developed area ,,,,, Seawoos- Nerul

    Pune areas like hadapsar & hinjewadi ..... dont go for far-off area of Panvel like HIRCO's Panvel or IndiaBulls Panvel.
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  • Mira Road and Bhayander still affordable and you may be able to get decent 2bhk in this budget. Looks good from investment horizon of 5 years.
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