The Outskirts of Mumbai: A Real Estate Haven Where Calm Meets Connectivity

By Lodha

Mumbai has been long regaled as the city of dreams; however, its power to turn your aspirations into reality extends to the metropolis’ outskirts, too. Today, localities at the edge of the city have flourished as prospective residences for everyone, from working professionals and families to senior citizens looking for the perfect retirement home. Whether you are a seasoned investor or a first-time homebuyer, residential projects on the outskirts of Mumbai could prove to be a fruitful choice. If you are wondering ‘why’, continue reading to find the answer.

Exploring the Real Estate Market at the Outskirts of Mumbai

Creating a home in a city like Mumbai allows you to harness everything it has to offer. However, finding housing in the city—that is spacious, surrounded by greenery, and within your budget—can be challenging. Investing in a home located on the outskirts of the city can help you address all these concerns. Here are the various reasons why building a life and settling down at the edges of Mumbai has become a popular option for a significant chunk of homebuyers:

Reasonable Rates:

With everything it has to offer, it is no surprise that the cost of living in Mumbai can be on the higher side. Buying a home in the city is no exception. Since purchasing a home is a capital-intensive investment, you would want to choose one that ticks all your boxes while sticking to your budget. Area at the outskirts of Mumbai, like Thane, Kalyan, Dombivli, and Navi Mumbai, allow you to find the perfect home at a relatively reasonable price.

Spacious Homes:

It is safe to say that space is one of the most precious commodities when it comes to building a beautiful life. Whether you are raising a family or looking for a vacation home, a sprawling space is a must. Buying a home on the outskirts of Mumbai gives you the opportunity to live in a spacious home with plenty of room for all your needs and family members. From a home office to a vegetable garden in the backyard, the possibilities of what you can do with your home are endless.

Open Spaces:

What if you could wake up to sweeping vistas of the lake or stunning views of lush green landscapes? By purchasing a home in Mumbai’s outskirts, your imagination can come to life. Localities at the edge of the city are peppered with developments at comfortable distances, allowing you to live in the lap of nature. Along with the glorious natural beauty, you can also make the most of sprawling parks, sporting grounds, and gardens to recharge after hours indoors.

Ample Connectivity:

While it is easy to conflate living on the outskirts of Mumbai with isolation, the on-ground reality is poles apart. Today, with infrastructure promising easy and seamless connectivity, commuting from areas like Thane, Dombivli, and Kalyan is a breeze. From the Thane-Dombivli Link Road to the Mumbai Trans Harbour Link (MTHL), already-functional and upcoming infrastructure projects are likely to reduce travel time between Mumbai Metropolitan Region and its satellite localities.

Investment Opportunity

Buying a home offers more than a comfortable space to build a life; it also acts as an investment opportunity. Investing in real estate on the outskirts of Mumbai could help you earn gains in the future. Since these areas are likely to see increased growth and development over time, the prices and demand for property will witness a similar uptick. Whether you decide to rent your residential space or resell it in exchange for an upgrade, you can earn a fair return on your investment.

At Lodha, our foundation rests on anticipating and meeting the needs of our clientele ahead of time. While as a real estate developer, we have established a legacy of trust in Mumbai, we are expanding our horizons. Now, you can experience Lodha’s construction quality in locations like Dombivli and Thane. Lodha Upper Thane allows you to invest in comfortable 1,2, and 3-bed homes and make the most of amenities like Lodha’s clubhouse, gym, play areas, and more. Meanwhile, Lodha’s Palava City encapsulates quality living and offers everything, from Lodha’s swimming pools and clubhouses to premiere educational institutions and open green spaces. At Lodha, we carve a beautiful life for our residents at Lodha with unparalleled experiences.