About
the City Mumbai
Mumbai,
formerly known as Bombay, is the capital of the state of Maharashtra,
and the most populous city of India. Mumbai is India in microcosm
in the true sense as it represents all facets of modern India.
Once a humid tropical archipelago of seven islands, today
it's a teeming metropolis and commercial hub of one of the
world's most promising economy. This city is aptly called
the commercial capital of India as forty percent of India's
taxes come from this city alone.
This city of Skyscrapers is also known as
the city of opportunities where people from all walks of life
come to realize their hidden dreams. Nearly thirteen million
people live here which includes wealthy industrialists, flashy
film stars, internationally acclaimed artists, workers, teachers,
brokers, businessman. They come from diverse ethnic backgrounds
and speak over a dozen tongues adding colour, flavour and
texture to the Great Mumbai Melting Pot.
Mumbai has a deep natural harbour and the
port handles over half of India's passenger traffic and a
significant amount of cargo. Being the commercial capital
of India, it houses important financial institutions, such
as the Reserve Bank of India (RBI), the Bombay Stock Exchange
(BSE), the National Stock Exchange of India (NSE) and the
corporate headquarters of many big Indian companies.
Mumbai is a popular destination for investors
and it has attracted migrants from all over India and neighbouring
countries as it offers immense business opportunities, a relatively
high standard of living, making the city a potpourri of various
communities and cultures.
Organized retail Space in Mumbai
Mumbai traditionally has a fairly flamboyant
retail sector. It is because of the good living standards,
professionalism and the influence of being the fashion capital.
The only discrepancy was of not being organized.
But the organized retail sector is gradually
warming up as developers encouraged by the enormity; scope,
success and scale of development are considering developing
properties into strong retail bases. Recent trends indicate
the shifting of the retail sector towards western and central
suburbs due to the availability of industrial lands at affordable
rates.
Also the government proposal of 51% FDI in
single brand outlet in the retail sector has also changed
the face of the retail industry. This will favor the Mumbai
retail sector develop in terms of design concept, construction
quality, providing modern amenities and a consumer-friendly
environment.
Real Estate Mumbai - Buy, Sell, Rent Properties,
Commercial, Residential Land Plots, Office and Retail space
from reputed builders/developers by our qualified real estate
agents with extensive experience in Mumbai properties.
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