Housing Companies in Mumbai

The city of Mumbai is the financial capital of India. It is home to Dalal Street, which is the Wall Street of the country. It is also home to Bollywood. Many young aspirants come to Mumbai hoping to make it big in this city. Some do make it big, while some today are continuing to strive hard to fulfill their dreams. However, there is clear lack of space here in this city. It is more or less an island city. Therefore housing here in Mumbai is in fact very expensive.

Real estate is indeed a very fruitful business here in Mumbai. Owning some land here has changed the fortune of many a sick company. If you keep tab on what is happening in the stock markets you will find many companies whose share prices have soared because they are planning to sell some land in Mumbai. Housing is therefore a very fruit full business in the city of Mumbai.

Today Mumbai housing companies are some of the biggest in the industry. Soaring real estate prices in Mumbai have increased their revenues manifold. Even during the 2008, recession there was not much of an effect here in the city of Mumbai. The Mumbai development authority has taken up the problem to solve housing here in Mumbai. There job is to hire local building contractors to develop mass housing projects. They even sell land to individual developers who in turn build houses for the masses.

Mumbai is the most happening city in India. Not only today, it has always been so. We spoke of the stock markets and Bollywood. Other than a few I.T giants who are based in the southern part of the country all other major companies, have their head offices here in Mumbai. People from other parts of the country have always come here in Mumbai to work.

The real estate prices in this part of the country have always been moving up. Any investment made here in Mumbai is bound to bear fruits over the long term. It is this very aspect which drives all major housing companies here to Mumbai.

The housing companies have been doing a lot of construction work here in the city of Mumbai. Not only are they involved in various housing projects but they have taken up the responsibility for the construction of shopping malls, retail shops, I.T parks, multiplexes and various other things also.

Now if you want to go looking for houses here in the city of Mumbai you can approach these housing companies. They have plenty to offer you. You can get single row houses, flats, luxury apartments, pent houses, villas, beach houses on the coastline. If you are ready to travel to the outskirts, they are even willing to build farmhouses for you. You will find many such farmhouses on the Mumbai Pune highway.

As we have already mentioned that, this is a city, which is the home to Bollywood, and the top shots in the corporate sector. Thus, luxury housing projects are very much in demand here in the city of Mumbai. The costs of these homes sometimes can reach the sky. The rich have redefined luxurious living here in the city of Mumbai. However, the housing companies must also get their share of credit. The rich may have the money but the architecture have done designs of these homes. Let me now tell you something about the builders in India that are currently operating here in Mumbai.

Hiranandani Constructions is one of the largest builders operating here in the city of Mumbai. If you go trough statistics, you will find that the company is already engaged with development of 3000 acres. The quality of work done by this company is also great. It has developed residential as well as commercial projects to its credit.

Now if you are talking about property developers here in the city of Mumbai how can the Raheja builders be left behind. Their firm K Raheja Corporation has been involved in housing projects here in Mumbai for decades. Under the able guidance of Mr. C L Raheja, this company has grown rapidly. Today they are also involved in various other sectors such as retailing, financing, hospitals and various other sectors.

Slums are a part of any big city. Mumbai may be the home to the rich and famous but it also has a Dharavi slum to deal with. Now that is also a part of Mumbai. Some Mumbai based housing companies are involved in slum rehabilitation projects. Housing Development Infrastructure LTD more commonly known as HDIL is also involved in these types of projects. They are given slum land to develop. In exchange, they will have to give houses to people who were displaced. This is also a noble cause, as it will help the city to get rid of its slums without having to displace anyone. Under the able guidance of Mr. Rakesh Wadhawan, this group has gone from strength to strength. Today it is a giant in the real estate space and is listed on the stock exchanges. HDIL has also built many projects in and around the city of Mumbai.

Today more and more companies are involved in housing projects in and around the city of Mumbai. To name a few Orbit Corporation, D.B Realty are some of the big names that the involved in housing projects here in Mumbai. Agreed that the promoters of D.B Realty have landed themselves in the mess of the 2 G scam. However, that does not take away the fact that they have completed some of the most beautiful housing projects here in the city of Mumbai.

Investments made in the housing sector have been so profitable that it has attracted huge investments from national players as well. DLF, Unitech that are Delhi based companies to have invested heavily in the real estate sector of Mumbai. Space is limited here in this city. Therefore, housing companies have really grown big here in this city. Homes today are becoming costly even in the outskirts of Mumbai.

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