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Why To Buy Plots In Mumbai

Why To Buy Plots In Mumbai

Mumbai the capital city of Maharashtra and the fourth world famous city located in the northern part of India

. It is one of the most densely inhabited cities with a metropolitan area populace of 20.5 million. Apart from all these it is a sophisticated city in nature. It is the most popular city for entertainment and is the centre of Hindi film industry. Mumbai is also known for its fashion trends. It can be said that the fashion of Mumbai is similar to the frame of mind of your wife, it persistently changes. Mumbai is also one among the well-heeled cities of India. Mumbai is known to have a tropical climate.

Mumbai was once an archipelago of seven islands namely Bombay Island,Parel, Mazagaon, Mahin , Colaba , Worliand Old Woman's Island (also known as Little Colaba), but was restructured by the Hornby project. This project embarked the recuperation of the area between the seven islands from the sea. In 2009 Mumbai was named as the Alpha world city.

Mumbai was called as Bombay and was renamed as Mumbai in 1996 after India got its Independence. It was mainly ruled by the Mughals and later on by the Portuguese empire. But soon after the Portuguese empire was established the city was leased to the British India Company. Surat was replaced by Bombay as the headquarters of the company. The restructuring of Bombay was actually started during the British rule itself, but prominent changes were visibly seen after the Hornby project. Today this has made Bombay open out into a commercial capital of India and has developed it into a global financial hub. The economic, educational and trade activities inflated during the 19th century. The remodelling of the city caused it to change into a major seaport on the Arabian Sea.

Even though Bombay has faced in numerous terrorist attacks and caused a colossal loss in life and property, it has not affected the economic status of the city. Mumbai contributes to 6.16% of the total GDP of the country, Mumbais economy cannot be said to be restricted from a single field. Even though its economy is obtained mainly from textile mills and the seaport, the local economy is diversified which would include different fields such as engineering, diamond-polishing, healthcare and information technology.Why To Buy Plots In Mumbai


There are different types of business in the world. We all love to make investments. In todays world one of the most risk free investments is the property investment. Mumbai is one of the best places to buy a property. The property rates here are increasing in a dashing rate and hence we can assure you that you will not be loss if you get a property from Mumbai. In the beginning of this article we had discussed about the advantages of living in Mumbai, considering all these factors choosing Mumbai for your property investment will be a smart choice.

by: David john
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