{"id":5888,"date":"2022-08-25T12:58:40","date_gmt":"2022-08-25T12:58:40","guid":{"rendered":"https:\/\/www.homebazaar.com\/knowledge\/?p=5888"},"modified":"2024-12-27T10:40:21","modified_gmt":"2024-12-27T10:40:21","slug":"commercial-hub","status":"publish","type":"post","link":"https:\/\/www.homebazaar.com\/knowledge\/commercial-hub\/","title":{"rendered":"Commercial Properties In Mumbai: Complete Overview"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The commercial hubs in Mumbai have increased their gross value to 22-50%. The fresh leasing of commercial properties has increased term renewals. The BFSI had maximum leasing activity of 27%, followed by Engineering and Manufacturing with 20% and <\/span><span style=\"font-weight: 400\">IT-BPM with 18%<\/span><span style=\"font-weight: 400\">.<\/span><\/p>\n<h2><b>Commercial Properties In Mumbai<\/b><\/h2>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-5892 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-In-Mumbai.jpg\" alt=\"commercial hub - Commercial Properties In Mumbai\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-In-Mumbai.jpg 810w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-In-Mumbai-300x145.jpg 300w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-In-Mumbai-768x371.jpg 768w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-In-Mumbai-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p><span style=\"font-weight: 400\">The places where you can find commercial properties are SBD-BKC, Andheri-Kurla, Malad-Goregaon, and Central Suburbs where a maximum of the properties are leased out.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">More than 20% of the properties in Mumbai are leased out for commercial purposes<\/span><span style=\"font-weight: 400\"> during the previous financial year. A few of the commercial property areas which are well-known in Mumbai are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">BKC\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Lower Parel\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Central Suburbs<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Worli<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Malad-Goregaon<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Thane<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Andheri-Kurla<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">It is to be noted that these few are only well-known places. Whereas, you can see many different commercial properties around the city.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Note:<\/b><\/p>\n<p><i><span style=\"font-weight: 400\"><a href=\"https:\/\/www.homebazaar.com\/\">Homebazaar<\/a> serves buyers searching for commercial units in Mumbai with end-to-end services like site visits, and lower-interest home loans to property registration guidance. We provide the best price options &amp; offers for RERA-registered <a href=\"https:\/\/www.homebazaar.com\/commercial-properties-in-mumbai\">commercial properties in Mumbai<\/a>. To begin a smooth homebuying journey with us, fill out the form mentioned below or on the right side.<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400\">\u00a0\u00a0<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-5894 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Property-Submarket.jpg\" alt=\"commercial hub - property &amp; submarkets\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Property-Submarket.jpg 810w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Property-Submarket-300x145.jpg 300w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Property-Submarket-768x371.jpg 768w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Property-Submarket-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p><span style=\"font-weight: 400\">The commercial properties which are situated in these locations and performing well are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Adani Inspire<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">One Lodha Place<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Godrej IT Park<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Parinee Crescenzo<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">K. Raheja Altimus<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Oberoi Commerz 3<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Centaurus<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Waterstone Business Park<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The best commercial places to invest in Mumbai are the following:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">CBD<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">SBD &#8211; BKC<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Worli\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Lower Parel<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Andheri &#8211; Kurla<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Powai\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Malad\/Goregaon<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Central Suburbs<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Vashi\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Thane &#8211; Belapur Road\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Thane\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">These submarkets of Mumbai have contributed around a cumulative share of 60% of the total leasing volume.\u00a0\u00a0<\/span><\/p>\n<h2><b>Commercial Properties For Sale In Mumbai<\/b><\/h2>\n<p><img decoding=\"async\" class=\"alignnone wp-image-5891 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Sale-In-Mumbai.jpg\" alt=\"commercial hub - Commercial Properties For sale In Mumbai\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Sale-In-Mumbai.jpg 810w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Sale-In-Mumbai-300x145.jpg 300w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Sale-In-Mumbai-768x371.jpg 768w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Sale-In-Mumbai-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p><span style=\"font-weight: 400\">There are many commercial properties in Mumbai which are available for sale and they are:<\/span><\/p>\n<p><span style=\"font-weight: 400\">Apart from the old properties in the famous commercial hubs, companies also aim for those projects which are currently under construction. <\/span><span style=\"font-weight: 400\">There are more than 2000 commercial properties for sale in Mumbai<\/span><span style=\"font-weight: 400\">.\u00a0\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Santacruz<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Thane<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Virar<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Mainframe, Royal Palms Estate\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Mulund West<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Nansey Colony\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Andheri East\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Church Gate<\/span><\/li>\n<\/ul>\n<h2><b>Commercial Properties For Rent In Mumbai<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5890 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Rent-In-Mumbai.jpg\" alt=\"commercial hub - Commercial Properties For Rent In Mumbai\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Rent-In-Mumbai.jpg 810w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Rent-In-Mumbai-300x145.jpg 300w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Rent-In-Mumbai-768x371.jpg 768w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Commercial-Properties-For-Rent-In-Mumbai-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p><span style=\"font-weight: 400\">The weighted average <\/span><span style=\"font-weight: 400\">net asking rent for the second quarter of 2021-2022 was<\/span><span style=\"font-weight: 400\"> around <\/span><span style=\"font-weight: 400\">INR 117.9<\/span><span style=\"font-weight: 400\">. Few sub-markets of Mumbai like SBD-BKC, and Lower Parel has enjoyed rental improvements backed by strong demand.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It is planned that the quoted leasing target for the next year will also be achieved in this second quarter.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As per the report, the significant projects planned and under construction include the Sub Markets like Worli, Malad, Thane, and Andheri.\u00a0 <\/span><b>\u00a0\u00a0\u00a0<\/b><\/p>\n<h2><b>Best Places To Invest In Mumbai<\/b><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5889 size-full\" src=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Best-Places-To-Invest-In-Mumbai.jpg\" alt=\"commercial hub - best places to invest in Mumbai\" width=\"810\" height=\"391\" srcset=\"https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Best-Places-To-Invest-In-Mumbai.jpg 810w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Best-Places-To-Invest-In-Mumbai-300x145.jpg 300w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Best-Places-To-Invest-In-Mumbai-768x371.jpg 768w, https:\/\/www.homebazaar.com\/knowledge\/wp-content\/uploads\/2022\/08\/Best-Places-To-Invest-In-Mumbai-750x362.jpg 750w\" sizes=\"(max-width: 810px) 100vw, 810px\" \/><\/p>\n<p><span style=\"font-weight: 400\">Mumbai is the financial capital of India. It attracts many companies as well as employees from around the country. Hence there is always a requirement for commercial property for the companies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Mumbai has a rising commercial hub hence, you can have enormous options to invest in Mumbai.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><b>Andheri: <\/b><span style=\"font-weight: 400\">This location is nearer to the <\/span><span style=\"font-weight: 400\">Western Express Highway, Swami Vivekananda Road, and Link Road. There is also a suburban railway station nearby. Jogeshwari Station is 2 km away from Andheri West. This location offers great connectivity and excellent social infrastructure.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Virar: <\/b><span style=\"font-weight: 400\">There are new projects emerging in this location that are providing people with affordable and spacious options. There is great connectivity in Virar which provides the commercial projects the accessibility to employees. The affordability of this area is also very attractive for the business owners.\u00a0\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Khar: <\/b><span style=\"font-weight: 400\">This location is nearer to <\/span><span style=\"font-weight: 400\">Bandra and Santacruz which makes it one of the favorite places for commercial projects. Apart from the connectivity, you can experience various modern amenities. It can be one of the best investment choices for commercial project investors. Apart from the commercial projects, Khar also offers great residential places with spacious and affordable flats. \u00a0 <\/span><span style=\"font-weight: 400\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Goregaon: <\/b><span style=\"font-weight: 400\">this location is equally nearer to Andheri and Borivali making it the perfect choice for a commercial project. Many companies are existing in this place. Hence, it is one of the preferable commercial hubs.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Chembur:<\/b><span style=\"font-weight: 400\"> The social infrastructures nearer to this area is <\/span><span style=\"font-weight: 400\">Santa Cruz &#8211; Chembur Link Road (SCLR), Chembur Monorail, and the Eastern Freeway. Apart from being the commercial hub, Chembur is also known for the real estate radar. There are many companies in Chembur as it offers great connectivity. \u00a0 <\/span><span style=\"font-weight: 400\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Wadala:<\/b><span style=\"font-weight: 400\"> This place is near to BKC which is the financial center of Mumbai. It is becoming one of the best commercial hubs of Mumbai due to its connectivity to <\/span><span style=\"font-weight: 400\">Eastern Freeway, Eastern Express Highway, and Monorail. The employees who are traveling from different places are experiencing reduced commute timing to the office. Th boom in infrastructure has allowed many companies to shift or open their offices in this place. Wadala is surrounded by many residential places which have made it the first walk-to-work hub of Mumbai.\u00a0\u00a0\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400\"><b>Panvel: <\/b><span style=\"font-weight: 400\">Panvel is the emerging commercial hub of Navi Mumbai. A lot of offices have opened their branches in this location and the commute to this place is also less hectic compared to other places in Mumbai. <\/span><span style=\"font-weight: 400\">Larsen &amp; Toubro Limited, Reliance, Hindustan, ONGC, and IPCL<\/span><span style=\"font-weight: 400\"> are supporting the development of Panvel.\u00a0<\/span><\/li>\n<\/ul>\n<h2><b>FAQs<\/b><\/h2>\n<table>\n<tbody>\n<tr>\n<td><b>Q1: Which are the best commercial sub-markets to invest in Mumbai?<\/b><\/p>\n<p><b>Ans: <\/b><span style=\"font-weight: 400\">The best commercial sub-markets of Mumbai are CBD, SBD &#8211; BKC, Worli, Lower Parel, Andheri &#8211; Kurla, Powai, Malad\/Goregaon, Central Suburbs, Vashi, Thane &#8211; Belapur Road, and Thane.\u00a0\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Q2: Which are the popular commercial hubs in Mumbai?<\/b><\/p>\n<p><b>Ans: <\/b><span style=\"font-weight: 400\">The popular commercial hubs in Mumbai are Malad West, Bandra Kurla Complex, Vile Parle East, Vidya Vihar West, Lower Parel, Chakala, and Andheri Kurla Road.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Q3: Which place in Navi Mumbai is the emerging commercial hub?<\/b><\/p>\n<p><b>Ans: <\/b><span style=\"font-weight: 400\">Panvel is the new emerging commercial hub of Navi Mumbai.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Q4: Which city is known as the financial capital &amp; commercial hub of India?<\/b><\/p>\n<p><b>Ans:<\/b><span style=\"font-weight: 400\"> Mumbai is known as the financial capital &amp; commercial hub of India.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Q5: Why is Mumbai a favorable place for businesses?<\/b><\/p>\n<p><b>Ans: <\/b><span style=\"font-weight: 400\">Mumbai is the most favorable place for businesses because financial institutions like the <\/span><span style=\"font-weight: 400\">Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange, and the\u00a0\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>The commercial hubs in Mumbai have increased their gross value to 22-50%. The fresh leasing of commercial properties has increased term renewals. The BFSI had maximum leasing activity of 27%, followed by Engineering and Manufacturing with 20% and IT-BPM with 18%. Commercial Properties In Mumbai The places where you can find commercial properties are SBD-BKC, [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":18266,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,269,3],"tags":[704,701,703,702,60],"class_list":["post-5888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mumbai","category-analysis","category-research","tag-best-places-to-invest-in-mumbai","tag-commercial-hub","tag-commercial-properties-for-rent-in-mumbai","tag-commercial-properties-for-sale-in-mumbai","tag-commercial-properties-in-mumbai"],"_links":{"self":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/5888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/comments?post=5888"}],"version-history":[{"count":10,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/5888\/revisions"}],"predecessor-version":[{"id":17649,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/posts\/5888\/revisions\/17649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/media\/18266"}],"wp:attachment":[{"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/media?parent=5888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/categories?post=5888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homebazaar.com\/knowledge\/wp-json\/wp\/v2\/tags?post=5888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}