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H T U SO

I A B M U ET

MICRO MARK M


OVERVIEW OF SOUTH MUMBAI The city Mumbai, known as Bombay until 1995, is a great port city, situated on the west coast of the Indian peninsula. It is the state capital of Maharashtra and is known as the business capital of India. Spread across an area of 600 sq. kms, Mumbai has a population of over 21 million. Mumbai consists of two distinct regions: the city (South Mumbai) and the suburbs. The city is usually referred to as an Island City while the suburbs could be divided into Central and Western. South Mumbai is geographically located at the southern corner of Salsette Island stretching from Colaba and extending till Mahim. South Mumbai comprises the main business localities and its adjoining areas which makes it the richest urban precinct in India. Sheltering some of the major conglomerates and elite class of the city, South Mumbai also portrays the historic side of the city with some of the state's oldest museums and theaters are located in this part of the region. South Mumbai or 'SoBo', is one the most expensive real estate market not just in India, but globally as well. Places like Cuffe Parade, Napean Sea road, Peddar Road are known globally for their sky high property rates. South Mumbai is a favorite amongst the extremely affluent individuals who are ready to spend a fortune to own a house in this area. Lately there have been a surge of landmark real estate projects which have come in and around Lower Parel, Mahalaxmi, Prabhadevi, Lalbuag, Parel, Curry Road, Dadar, Matunga and Worli. Hence consolidating South Mumbai as one of the most prestigious and costliest places to live in India.

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