Mumbai is one of the most populous and biggest cities of India. It is the center of the Mumbai Metropolitan Region (MMR), the 6th most populous metropolitan area in the world with a population of over 2.3 crore. It is one of the world’s top 10 centers of commerce in terms of global financial flow & 70% of capital transactions to India’s economy. In 2008, Mumbai was named an alpha world city. It has the highest number of millionaires and billionaires among all cities in India. It has the 8th highest number of billionaires of any city in the world. It is popular as the financial & entertainment capital. It houses some of the important financial institutions & the corporate headquarters of numerous Indian companies and MNCs. It is also home to some of India’s premier scientific & nuclear institutes. The city is also home to Bollywood industry. It’s business opportunities attract migrants from all across India. One of the reason behind Mumbai’s economic growth is its powerful & growing real estate industry. Real estate in Mumbai is gradually shifting towards the suburbs, which can offer more spacious and affordable properties compared to their urban counterparts. Hence its lucrative to buy property here yeilding a high return on investment and are thus high on demand among both investors and buyers.