India is the largest country of south Asian region. Its economy has shown a constant upward trend in the last decade or so. Most of this gain in economy is started after India emerged as one of the I.T giant of the world. The positive effects of this development in economy of the country are perceptible in every business sector including the property market. Mumbai, which is acknowledged as the commercial capital of the India, has gained the attention of the investors of the world together with those who prefer to invest in property market.

But what could the main reason behind Mumbai becoming investor's paradise in India? The answer is simple one. The market of Mumbai offers high investment returns to the investors including real estate investors. This is the core reason why Mumbai is exerting a pull on investors from all over the India and world alike. Real estate investors do have adequate incentives to invest in the Mumbai property market. Currently it is the most populated city of India and Mumbai and its suburbs encompass the second-biggest urban agglomeration in the world after Tokyo. And the rate, at which its population is budding, points toward the increase in the demand for both commercial and residential properties in Mumbai.

At present, there are mixtures of giant residential and commercial projects in the phase of development and many more in the channel. This indicates towards the amount of profit which is there in the Mumbai property industry. Various multinational companies and financial institutions are based in Mumbai and more are planning to come here to invest. So the demand for property in Mumbai is not going to decrease. And people here have enough money to buy properties in Mumbai as it is referred as the 'New York of India'.

It is a well-known fact that Mumbai is known as the financial capital of India. Many are witnessing the importance and value of the city. It is considered as one of the well-planed cities around the world. Apart from the places, which are close to the city, some other places, which are at the outskirts of Mumbai, are seemingly gaining a lot of importance among the real estate giants. The economic and the commercial growth of Mumbai has an influence over these places, which are close to it. Navi-Mumbai is considered as the twin city of Mumbai, lies at the seaboard of thane. Now this place is becoming as the second heaven next to Mumbai. As Mumbai is being occupied by a number of immigrants, people are finding places close to it for trading and other activities.

The real estate markets in Mumbai is witnessing an economic growth due to various factors and thus growing at an incredible speed. Value of rental prices and capital prices are unbelievably skyrocketing in the city. This in turn reflects in the revenue turnover of many commercial organizations. When compared with the prices of Mumbai to that of Navi-Mumbai, the latter has a lesser cost of living.

Navi-mumbai is not jam-packed like Mumbai. Many corporate Industries have shifted to this place for cost effective solutions. Real estate giants are planning to occupy Navi-Mumbai in large grounds as the commercial value of this place is seemingly increasing. The increase in price is due to the world-class infrastructure, yet to come ambitious projects, launch of international airport and some important tourist places. In order to build a planed city, real estate marketers are converting the places into skyscrapers and ultra deluxe flats to accommodate more people who wish to live in the outskirts of Mumbai and indeed being a cause for the prices to escalate.

Rising prices of Mumbai's real estate has always made news. This week politician and actor Vinod Khanna bought the country's most expensive 3-bedroom flat in Mumbai's Little Gibbs Road on Malabar Hills. This luxurious flat in Il Palazzo cost him Rs 30 crore.

Sample this, capital rates for residential segment in Marine Drive ranges between Rs 12,000-20,000 per sq ft. Even the suburban areas like Jogeshwari, Malad and Borivali command property price of Rs 4,800-6,500 per sq ft for residential segment. This is by far the highest property rate all over India. Property prices in Delhi's posh areas like Model Town, Jor Bagh range of Rs 8,250 - 11,000 per sq ft.