Kanjurmarg, Mulund, Powai, Worli, Thane, Andheri, & Kandivali are the best areas to buy a property in Mumbai.

Yes, Mumbai is excellent for real estate investment as it features the top infrastructure and gives easy access to the top commercial hubs in India. Based on the area, properties in Mumbai also offer good price appreciation and rental returns.

Some of the affordable residential areas in Mumbai include Vikhroli, Chembur, Malad, Airoli, & Ghatkopar.

Here are a few luxury projects you can invest in Mumbai -

1. Lodha Bellagio, Powai

2. Sheth Avalon, Thane

3. Raymond TenXHabitat, Thane

4. Lodha World One, Worli

5. L&T Crescent Bay, Parel

The cost of buying a home in Mumbai can range around anywhere from 35 lakhs to 2 crores as it depends on your location preferences. Buying a home in areas such as Kanjurmarg, Navi Mumbai, Mira-Road, & Kalyan-Dombivli would cost you less, while prime locales in South Mumbai and the Western suburbs could cost you more.

A few popular real estate projects in Mumbai are - 

Hiranandani Estate, Thane

JP North Garden City, Mira Road

Runwal Forest, Kanjurmarg 

Marathon Nexzone, Panvel 

Sheth Montana, Mulund

Below are a few popular new, upcoming projects in Mumbai - 

1. Raymond Ten-X Era, Thane

2. Dosti Eastern Bay, Wadala East

3. Runwal Bliss, Kanjurmarg East

4. Prestige City, Mulund West

5. Piramal Mahalaxmi

Below are a few properties that are offering ready to move flats in Mumbai - 

1. Marathon Nexzone, Panvel

2. Lodha New Cuffe Parade

3. Hiranandani Fortune City, Panvel

4. Lodha Amara, Thane

5. Marina Enclave, Malad

A few affordable residential properties in Mumbai are - 

1. Rustomjee Global City in Virar

2. Wadhwa Wise City in Panvel

3. Arihant Anaika in Taloja 

4. Lodha Upper Thane

5. Shapoorji Pallonji Joyville in Virar

As property prices are always appreciating in Mumbai, you can invest in flats anytime. However, developers offer great discounts and offers during the festive season. So, if you are looking for the right time to invest in residential properties in Mumbai, you should plan to buy a flat around Gudi Padwa, Diwali, or other popular festivals.