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By LODHA
March 15, 2024The Non-Resident Indians also known as NRIs, are experts at straddling the world, finding their footing in a new country while staying firmly rooted in India. As an NRI, you may have acclimated to another country's culture and lifestyle seamlessly, however, you most likely experience a deep-rooted connection to your home country. Whether you're travelling to India to visit family or have a business you need to oversee, having a home base in the country makes a world of difference. Over the last few years, buying property in Mumbai, Thane, Pune, Ahmedabad, Bangalore and other cities has emerged as a great investment opportunity, promising substantial returns through rental yields and appreciation in resale value.
Out of the numerous new residential projects in Mumbai, Lodha Bellagio is a gem that stands out. Touted as one of the best real estate developers in Mumbai, at Lodha, we've applied all our expertise and experience to make Lodha Bellagio a haven for residents and investors alike.
A Golden Chance for NRI Investment in Real Estate
As an NRI, you may have noticed that more and more Indians living abroad are investing in Indian real estate, and with good reason. Real estate investment in Mumbai can serve as a valuable addition to your portfolio compared to traditional assets such as gold and mutual funds. Real estate offers lower risk compared to funds while potentially providing better returns over time. As the nation's economy has picked up after the pandemic, property has emerged as an asset that could generate appreciation. Additionally, the Indian Rupee's value has also promoted an inflow of investments in this market. Whether you want to enjoy higher rental yields or enmesh within the commercial landscape in India, Mumbai is a city worth investing in.
In recent years, there has been a growing demand for luxury apartments in the market. More and more people want to live in posh localities, surrounded by nature yet well-connected to the city centre. As far as luxury apartments in Mumbai go, Lodha Bellagio stands as the epitome of excellence. Lodha Bellagio is conveniently located near Powai Lake, just a 5-10-minute drive from JVLR, the Eastern Express Highway, and LBS Marg, making transportation to the Airport, western suburbs, and other areas effortless.
Investing in Lodha Bellagio allows you to make the most of the perks associated with a property in Powai- green open spaces, quiet neighbourhoods, safe gated communities and proximity to malls, restaurants and lifestyle hubs. At Lodha, we believe in going the extra mile in harnessing one of the best locations for property investment in Mumbai. Investing in a luxury flat in Powai's Lodha Bellagio allows you to be part of the exclusive Lodha Luxury Extension project situated in the area. If you're relocating from or are used to living in a country with a sparser population or plenty of greenery, this residential project in Powai is most suited to your taste.
Promising exclusivity and neighbours who are the crème de la crème of society, the project houses only 360 residences spread across a spacious 6.5-acre land parcel. The exquisite range of 3 & 4 BHK luxury apartments in Mumbai at Lodha Bellagio are designed to impeccably meet your aspirations for a sprawling and spacious home. Nestled along Airoli Creek, these homes promise to surpass your expectations with their expansive views.
Featuring outstanding landscape design, the jewel of this premium residential project in Mumbai is Club Elite - a state-of-the-art clubhouse that personifies luxurious living, embodying international standards and offering top-tier amenities. Given its luxurious allure, it's no wonder that Lodha Bellagio is highly sought-after real estate for NRIs.
Just like any other investment, NRI investment in real estate also hinges on numbers. Lodha Bellagio does not disappoint on that front either. The rental yields from Lodha Bellagio are projected to be around 4-5%* which can be quickly realised owing to its soon possession timelines. The project has also seen an appreciation of 25-30% since its launch. With units as large as ~900 sq. ft. priced at an attractive ticket size of INR 3.99 crore*, investing in Lodha Bellagio can fetch sizeable gains. Whether you're an NRI from the US/Canada or Dubai and the APAC region, real estate in Powai, specifically Lodha Bellagio with all it has to offer, falls within a feasible price range.
In the realm of luxury real estate in Mumbai, seizing the opportunity at its peak is the key to success. With a legacy as one of the top builders in Mumbai, investing in Lodha Bellagio is akin to investing in a better future.