Best Locations to Buy a Builder Floor in Mumbai
Mumbai is one of India's most desirable residential markets. From aspiring artists to ambitious entrepreneurs, it is the dream home address for many. Along with high-rise apartments and sprawling villas, builder floors are the new favourites among home seekers in Mumbai. Their enhanced privacy and customisation make them a preferred choice among new buyers. Let’s look at some of the best locations to buy builder floors in Mumbai.
Explore the best localities with builder floors for sale in Mumbai, offering features like prime location, excellent connectivity and competitive prices.
1. Borivali East, Mumbai
Borivali East offers high-quality builder floors for sale in Mumbai. Its prime location, with access to the Western Expressway and the Rashtriya Udyan Metro Station, makes it a popular residential address. Families prefer it for its renowned hospitals and educational institutes. Working professionals, on the other hand, enjoy connectivity to commercial hubs like Nesco IT Park and Nirlon Knowledge Park. Popular recreational facilties, including the Sanjay Gandhi National Park and Mandapeshwar Caves, further complement the locality’s thorough infrastructure.
2. Nalasopara West, Mumbai
Some of the top affordable builder floors for sale in Mumbai are available in Nalasopara West. Residents get competitive prices, modern amenities and a family-friendly atmosphere. Connectivity in this locality is helmed by the National Highway 48 and the Nalasopara Railway Station. Renowned schools, hospitals, and shopping centres make for a well-developed infrastructure. A beautiful seaside location, with beaches like Rajodi Beach and Kalamb Beach, ensures a pleasant living environment.
3. Dadar West, Mumbai
Dadar West is one of the best localities for homebuyers looking for builder floors for sale in Mumbai. From business hubs to famous tourist destinations, it offers everything. The Eastern Express Highway, Senapati Bapat Marg and Dadar Station ensure prime connectivity. Further, popular business hubs like Peninsula Business Park Tower and the Empire Business Centre are also easily accessible from this locality.
Home buyers in Dadar West can also enjoy a rich heritage. The locality is home to the famous Shivaji Park, the training ground of legendary cricketer Sachin Tendulkar. The Dadar Market and the renowned Kirti College are some of its historical landmarks. Further, the Siddhivinayak Temple, Portuguese Church and Chowpatty Beach make for a colourful social life.
4. Vile Parle East, Mumbai
Vile Parle provides a mix of residential and commercial facilities. It is among the top choices to find builder floors for sale in Mumbai. It is home to prestigious educational institutions like Mithibai College and Narsee Monjee Institute of Management Studies (NMIMS). Vile Parle also enjoys a rich commercial heritage, as it was home to the first-ever Parle G biscuit factory. Working professionals here enjoy easy connectivity from Vile Parle East to business districts like Andheri, Bandra-Kurla Complex (BKC), and Lower Parel.
Buying a builder house in Vile Parle East also provides exceptional connectivity to the Chhatrapati Shivaji Maharaj International Airport, Western Express Highway, Western Express Highway Metro Station and Vile Parle Railway Station.
5. Dahisar East, Mumbai
Dahisar East is popular for offering affordable mid-segment builder floors for sale in Mumbai. It is located near the Western Express Highway and the Dahisar East Metro Station. Residents can easily connect to commercial hubs like Andheri, Goregaon, and BKC. In addition, the Sanjay Gandhi National Park and the NEXUS Arena Sports Complex are some of its key highlights. A calm community and comprehensive facilities make Dahisar East a suitable choice for buying builder floors in Mumbai.
About Mumbai
Mumbai is among India’s top real estate markets. It attracts a diverse mix of investors and features projects from some of the country's top developers. Mumbai’s high appeal comes from its commendable residential and commercial infrastructure. The Bandra Kurla Complex, Bandra-Worli Sea Link, and Mumbai metro are some of its distinguished developments. As India's financial capital, the city also headquarters numerous multinational corporations, financial institutions, and the Bombay Stock Exchange.
Mumbai is known as the City of Dreams. A heavy influx of people across cities contributes to the high residential demand. Along with its metropolitan environment, Mumbai also provides a spirited cultural life. Its rich heritage, extravagant food and multicultural character make it one of the most vibrant cities in India.
| Mumbai’s Key Highlights |
| State | Maharashtra |
| Megacity Area | 603.4 sq. km. |
| Metro Area | 6,328 sq. km. |
| Population | 3,085,411 (2011 Census) |
| GDP (Nominal) | ₹5,96,783 crore |
| Official Language | Marathi |
| Sub Registrar Office | IGR Maharashtra |
| Online Property Details | Bhulekh Mahabhumi |
Market Trends for Mumbai’s Real Estate
The latest Knight Frank India report recorded a 16% annual increase in Mumbai’s housing sales from January to June 2024. More recently, in July 2024, Mumbai recorded a 19% year-on-year jump in property registrations, the highest in 12 years. At the same time, a year-on-year increase of over 27% in stamp duty collections was also recorded. Residential properties made up 80% of these registrations.
Price surges continue to characterise the Mumbai real estate market. As of July 2024, Knight Frank India has forecasted a price rise of 7%- 8% across the city. Central and Western suburbs and Southern Mumbai are top contributors to Mumbai’s total property transactions. The city has also witnessed a rise in the demand for luxury properties, with a special focus on duplex and triplex homes in recent months. Mumbai’s economic stability, favourable policies, and continuous infrastructure development have helped sustain its position as one of India’s leading real estate markets.
FAQ's
Is it worth buying a property in Mumbai?
Yes, Mumbai is one of the top real estate markets in India. It ensures a high living standard for home buyers and thriving returns for investors.
Which are the best areas to live in Mumbai?
Some of the best areas to live in Mumbai include Borivali East, Nalasopara West, Dadar West, Vile Parle East, and Dahisar East. These neighbourhoods provide diverse property choices with well-developed infrastructure.
Which are the richest areas in Mumbai?
South Mumbai is considered Mumbai’s richest area, featuring some of the best luxurious properties. Some of South Mumbai’s top localities include Malabar Hill, Altamount Road, and Cuffe Parade.
Is it worth investing in affordable housing in Mumbai?
Yes, Mumbai is a highly suitable destination for mid-income buyers looking for affordable housing. Localities like Nalasopara West and Dahisar East offer some of the best affordable housing choices.
Why is Mumbai so costly?
High residential demand and limited supply primarily drive the high living costs in this city. Further, factors like consistent infrastructural development and growing business activity also add up the costs.
Is it a good time to buy a house in Mumbai?
Yes, Mumbai is witnessing record property sales at the moment. Continuous development and an active market make it a good time to invest in Mumbai.
Which is the most luxurious township in Mumbai?
Some of Mumbai’s popular luxury projects include CCI Rivali Park (Borivali East) and Baya Midtown (Dadar West). Interested buyers can find more such projects on the official website of Square Yards.
