ReMumbai Exclusive: Budget Homes Under Rs 70 Lakh Drive Virar Demand, But Long Commutes Remain A Daily Challenge
The far northern suburb of Virar has firmly established itself as Mumbai’s most prominent affordability-driven housing market, drawing a steady influx of first-time buyers and middle-income families. With property prices nearly 40% to 60% lower than established micro-markets such as Andheri, Bandra, and even parts of Goregaon, Virar is witnessing sustained traction in the Rs […]
ReMumbai Exclusive: Is Affordable Housing In Mumbai A Reality Or A Moving Target?
Affordable housing in Mumbai continues to remain a challenge despite signs of improving financial metrics, with recent data indicating a marginal rise in affordability even as structural constraints persist. While housing costs relative to income have eased slightly, homeownership within the city remains out of reach for a large section of residents. “Crossing the 50% […]