Mumbai’s Growing Trends of Bungalows
Undeniably, the elites in Mumbai are no longer inclined towards living in apartments. Bungalows have become a symbol of status and the ultimate riches in Mumbai are now going for these humongous 360-degree view houses rather than luxurious apartments.
In particular, sea facing bungalow projects in Mumbai are much sought-after due to
numerous reasons that we’ll be talking about later. But the fact is, the
billionaire industrialists aren’t hesitating to spend hundreds of crores on
buying sea-facing bungalows. Here are some real-life examples.
The rising demands for sea-facing
bungalows in Mumbai
Mumbai has witnessed several renowned
industrialists spending as much as Rs.500 crore on purchasing sea-facing
bungalows, which is a testimony to how popular these bungalows are. Ajay
Parimal, a renowned industrialist in Mumbai, plans to get a sea-facing bungalow
built on an acre of land in Worli for Rs. 452 crore. Simultaneously, Sajjan
Jindal, another billionaire industrialist in Mumbai, bought a sea-facing
bungalow at Nepean Sea Road for Rs.400 crore.
Not only industrialists, but doctors and
corporates are not much far behind in this race. For instance, the chairman at
Delta Corp, Jaydev Mody, got a four-story luxury bungalow built a decade ago.
Reasons behind the popularity of
sea-facing bungalows
The incredible demand seen by the sea-facing bungalows in Mumbai for sale may be due
to some general reasons, which are as follows:
·
Luxurious residing experience
·
Ample parking space
·
Spacious locality and wide streets
·
Family-friendly design i.e. suitable for
children as well as senior citizens
·
Healthiest environment (fresh air from the
Arabian Sea), etc.
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