Why This is The Right Time to Invest in Real Estate in Mumbai?

By Lodha

Over the past couple of years Mumbai has undergone a sea of transformation. With several key infrastructure upgrades that have happened and those planned, Mumbai is set to become a city on par with iconic cities in the world.

And helping transform the skyline of Mumbai is Lodha Group. We have delivered one of India's most iconic landmarks - The World Towers, as well as India's No. 1 smart city - Palava. At Lodha, we are committed to provide the finest, and make quality homes accessible to more and more aspiring Indians. Over the last seven years as India's largest realty player we have delivered 57.0 Mn.Sq.Ft of real estate development (35,000+ homes and offices).

Last year alone 7000+ homes and offices were handed over. In fact, we have a track record of delivering every 4 out of 5 homes# on an average before committed time and in the last 2 years we have delivered 19000+ homes.

Why invest in real estate?

Uncertain times like these have made us realise the value of owning a home. It has also made us recognise that being a part of a closely-knit social fabric is a source of comfort in times like these. Developments like Palava, based on concept of integrated living and created to be self-sustaining for day-to-day living, have proved to be a boon. These developments by the virtue of having a strong bond of community and being well-managed were quick to find solutions and implement precautionary measures.

Currently, the home loan rate are the lowest ever in the last 14 years. This coupled with the fact that the value of rupee against dollar has decreased, will result in good savings. You could look at a larger house in better development. Additionally, you will also benefit from attractive payment terms and other benefits being offered.

Furthermore, real estate has also proven to be best long-run investment asset as compared to equity.* An investment in real estate is not prone to the market volatility like investment in equity is. This makes real estate a stable asset to invest in. It is also a safe, tangible asset that will secure the future of your loved ones.

We believe real estate will play a critical role in reviving our economy in the aftermath of the pandemic. Real estate is one of the largest employer in urban India, every 1 home provides employment to 10 people in a year, while the government earns 25% of the value of the home sold. We had launched 'Apna Ghar, Apna Desh' campaign, whereby for every home sold a contribution went towards PM CARES FUND^. Thus, further contributing towards strengthening of our nation's economy.

Today, the home-buying process has largely become virtual. Innovations in terms of interactive walkthroughs of show-residences, virtual property tours, interactive assets that provide views of the neighbourhood will enable to make the purchase decision from the comfort of your home.

Where to invest?

The COVID-19 pandemic has increased one's demand for space. Every homebuyer in this situation is keen on buying properties, which has outdoor facilities like having a garden, terrace, and balcony. Additionally, there is an increased demand for good quality homes in an integrated society with easy access to daily needs that ensure safety & security.

The South Central Mumbai has been the heart of business, politics, administration, and judiciary; along with the best of everything like the sea view apartments, school, infrastructure, gymkhanas, or clubs. With the new malls, hotels, brands and fine dine, Lower Parel has emerged as the new downtown of Mumbai, making it the most attractive micro market to live in.

Diwali celebration at The World Towers - currently, home to over 600 people hailing from 15+ nationalities

The extended MMR region and Thane is also attractive owing to the large integrated township developments and availability of affordable housing projects. Compared to the city, these areas are greener and offer more open spaces. In the recent times, a lot of businesses, especially IT companies, have moved their offices in these areas. Thus, enhancing the employment opportunities. The on-going work of metro rail and expansion of roadways, will further boost connectivity with other areas of the city.

Why Lodha?

When you buy a home with us, what you get is a well-planned ecosystem that caters to all the desires that you may have as a home owner. We are guided by our vision of "Building a Better Life". And with our meticulous planning, attention to minutest detail, focus on quality & great craftsmanship we have delivered some of the "World's Finest Developments" which you can proudly call "home".

What began with a vision, is today a magnificent reality - one that has transformed the skylines and lifestyles for generations.

Our developments are replete with features that cater to interests of every age group. The focus is on providing a holistic living experience in terms of wellness, health, learning as well as spiritual well-being. Right from the grandest clubhouses to world-class amenities, from meticulously planned open spaces to multi-tier security, from spacious houses to the best of features, your home in a Lodha development is guaranteed to be a talk of the town.