Infrastructure development is one of the key factors that augment the overall economy of the country. Just like that, good infrastructure augments the growth of real estate too. Any real estate project's demand relies greatly on the accessibility of the infrastructural facilities.
Ambitious infrastructure projects in Maharashtra have brought about a radical change in the city when it comes to the public transport system, thereby boosting the real estate market.
The government over the years has undertaken various initiatives to incentivize real estate developers in Mumbai. Moreover, under-construction projects in Mumbai like the Mumbai Trans-Harbour Link (MTHL) and the Navi Mumbai International Airport (NMIA) will only increase the demand further.
Better connectivity will also solve the problem of over-crowdedness in the city and people will be more willing to move to distant areas. The real estate developers are looking to capitalize on that, prioritizing the connectivity factor when they offer flats in Mumbai.
The Mumbai Metropolitan Region (MMR) is one of the biggest real estate markets in India.
In Mumbai, the growth of real estate is almost unmatchable. After a brief slump, the real estate market has bounced back with many under-construction projects in Mumbai due to sharp sales jumps, showing an improvement by 32% since 2010.
Moreover, for the past 3 years, demand for real estate has already outpaced the supply of flats in Mumbai.
Buyers are no longer hesitant to pay a premium for luxury properties in Mumbai built by some of the leading players in the business. They don't want to compromise on delivery time and quality at all.
With new conventions like online classes and the work-from-home culture found in almost every household, there has been a need for more space and the demand for houses is rising at breakneck speed.
Bombay Realty, the real estate venture of the Wadia Group, presents Island City Center (ICC), in one of prime locations of Mumbai. This property in Dadar east is aimed at providing the highest standard of living in the Maximum City.
The Island City Centre (ICC) offers a perfect blend of nature and luxury. Surrounded by lush greenery, embrace the peace and calmness in this extensive property. These luxury apartments in Mumbai are commodious and thoughtfully-designed, catering to the evolving needs of the buyers.
The Island City Centre (ICC) offers a perfect blend of nature and luxury. Surrounded by lush greenery, embrace the peace and calmness in this extensive property. These luxury apartments in Mumbai are commodious and thoughtfully-designed, catering to the evolving needs of the buyers.
Loaded with all the modern amenities, Bombay Realty's property in Dadar east offers a "way of life" like no other.
Island City Center is a place where you get to experience the small pleasures of life, amidst the bustling life of the city. From a mini theatre for private screenings to a play area for your little ones to a gym to stick to your fitness regime, (just to name a few), the residents of the Island City Centre get everything and more. Contact us for a truly opulent experience.
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