Mumbai has always been Golden Land. Real estate in Mumbai was a commodity that was always precious. From the erstwhile mill lands to the current spread of Malls and plush residential high rises, Mumbai has come a long way.
Among the mad Real Estate boom which swept the island city in the last around ten years, there was a methodical trait to the expansion. The path was already laid by the early development of the outskirts and the Greater Metropolitan Regions much before the boom hit the island city
Though the Mumbai's suburbs had already become saturated. The central and harbour suburbs like Chembur, Wadala have been giving locations like Lower Parel and Worli with high end towers with ultra modern luxury beckoning the burgeoning new rich - the upper middle middle class.
Areas like Dahisar and Mira Road have become the new destination for the masses who have now suddenly developed an affinity for affordable luxury.
Yet the quintessential Mumbaikar who has even a wee bit of foothold space in the land of his karma, will try his best to always hold on tightly to his piece of property - Land or commercial premises or apartments whatever to retain a foothold in his favourite city
Population, congestion or whatever, Mumbai Real Estate will always be the most coveted in the country