Residential Real Estate 101 – 6 Emerging micro-markets in MMR

Owning a house in Mumbai is a dream for many, as it is amongst the top metropolitan cities in India. Even so, only a few out there turn this dream into reality. Commodius and Covid-appropriate top micro markets in MMR have become a sought after drift in the whole of Mumbai. People used to consider the best properties in MMR, which were near the city center, as they managed to live in matchboxes rather than considering the spacious houses in the suburs. Thankfully, now connectivity has improved and opened the doors for luxury micro markets in Mumbai’s neighbourhood. Scroll down to discover MMR’s best micro markets!

Kandivali

Kandivali is a favourable micro market of MMR due to its emerging and broad-ranging livelihood opportunities, appropriate and adequate physical and social infrastructure, and the best connectivity with a complete mega city. The airport is just 30 minutes from Kandivali and the Mumbai Western Coastline also connects this micro market to Marine Lines, which is a key factor for prospective buyers to keep Kandivali as a suitable property destination.

Chembur

Chembur has appeared amongst the most sought-after micro markets in Mumbai. Its quiet residential colonies, multiple industries, infrastructure, and splendid connectivity to the city make it the most preferred neighbourhood in Mumbai.

Navi Mumbai

Navi Mumbai is an ideal micro region which has experienced amazing growth in terms of real estate development. KPOs and BPOs are the sales pitches for IT professionals and millenials throughout the IT sector.The location of this micro market is quite convenient as it is situated between Mumbai and Pune, so it attracts residents from both the cities. The Mumbai Urban Transport projects involve the Panvel-Karjat corridor and the Navi Mumbai international airport.

Shahpur

Shahpur is a major weekend gateway blossoming destination and has elegant villas. This micro market is experiencing a steady rise in urban citizens. Also, this place is a chemical industry free zone and it is opted by environmental-concious people of Mumbai. This micro market connects you with nature and provides affordable luxury at its core. People choose this neighbourhood for living as it offers the best road and rail connectivity within close proximity to Nasik and Thane. 

Wadala-Sewri

Wadala Sewri was once a low-key suburb which is renowned for mills and ports. It is a corridor which is now popular as a luxury micro market for attractive and premium residential properties. The development of this region is because of the eastern freeway, the financial centre, and Nariman Point. In addition, the upcoming metro line 4 extension to Thane, trans-Harbour train lines, and the mega eastern seafront will help to balance connectivity to the Wadala Sewri corridor.Due to all these comfort perks, several people are investing in this micro market. Thus, over 14,000 new unit launches have been marked in Wadala Sweri.

Dhaisar

Dhaisar is a new landmark in MMR and has become the most preferred micro market due to easy metro connectivity and direct access to schools, hospitals, and other physical and social infrastructure. Dhaisar is an exceptional micro market where prices for residential units remain low despite their prime location and constant commercial growth.

In a nutshell, the above details are some most preferred luxury micro markets in Mumbai where you can opt to live a celebrity life instead of just owning a 1 bhk home in Bandra. You can also scroll through Indextap for an extensive array of properties in MMR that are listed for rental and sale purposes.

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