Top 3: Invest in Mumbai Commercial Properties

Mumbai Commercial Property

Since the implementation of demonetization, GST and RERA hit India’s real estate industry, it may be forgotten that over the long term real estate is generally one of the best asset classes to invest in; however, picking the right location to invest could be the difference between a successful investment or a flop.

Being Mumbai’s #1 Commercial property site with the most active commercial real estate agency in Mumbai, we are in a good position to offer our humble views on Mumbai commercial real estate; namely: the top 3 locations to invest in where we think valuations combined with growth outlook could lead to impressive returns from 2019 onwards.

Currently, our top pick localities for investment in commercial real estate are:

  1. BKC (Bandra Kurla Complex) – This region is well planned, has incredibly well designed commercial buildings and is also home to international banks and businesses. While the price per square foot is a little on the higher side, we would still recommend BKC as our number 1 pick to invest in. Please see our clip where our founder, Otis Critchley, dives into the reasons why it’s our #1 pick.
  2.  Andheri East and West – The cost per square feet is not as high as BKC and Andheri has it all whether you are looking for industrial premises, office spaces, restaurant or any kind of commercial space. This place is thriving with commercial activity and promises high ROI for the foreseeable future and has been worst hit by the real estate slowdown and as real estate investment picks up, will be a higher beta play on Mumbai real estate.
  3. Wagle Estate, Thane – This region is one of the impressive upcoming areas that has IT Parks and prominent developers who are driving the development in Thane. Being centrally located between Thane and Mulund, and having access from LBS road, Wagle Estate is bound to become the first choice of destination for top companies looking for office space in Thane. Not to mention that the floor plates are much bigger and many of the commercial properties are newer than most of those in Mumbai.

If looking for investment in commercial real estate in Mumbai or even looking for commercial properties for rent in Mumbai, Thane or Navi Mumbai – please feel free to contact the team at Jagaha.com!