Mumbai is the fashion capital of the country which is also known as the city that never sleeps. With the hustle bustle of the working class, the sound of the local trains and the passenger queues at the auto and bus stands, the city is never at rest. For more than a century, the city has been creating a hysterical atmosphere with its Bollywood connection. Apart from this, Mumbai is also known for its sky rocketing real estate prices.
Though the city is considered as a hotspot for luxury homes, majority of the population is working class who cannot afford these luxury projects. This has led developers and builders to come up with new projects in Mumbai that deal with the middle and upper middle class people. In fact, the state government too has intervened in these projects to create affordable new residential projects in Mumbai. While affordable buy and rent options are available in the suburbs, the main city has emerged as the haven for luxury homes. If money is not a constraint, areas such as Andheri East and West, Powai, Bandra West and Goregaon East offer some great listing house for sale in Mumbai. This comes with a hefty price though. A decent 2BHK could cost you anywhere around INR 1.5-3Crores.
If buying property is not your cup of tea, you could go for numerous 2BHK apartments for rent in Mumbai. In the above-mentioned localities, a decent 2bhk flat could cost anywhere around INR 35,000-INR 60,000 on rent, depending upon the amenities offered.
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