Overview of Null Bazar, Mumbai

Null Bazar, found in the Bhuleshwar part of Mumbai, is a place with many different real estate choices for both buyers and renters.

Property Prices

• The usual cost of properties in Null Bazar is around Rs. 12,333 per square foot.
• Property rates have dropped quite a bit from last year, down by 30.55% to be exact.

Types of Properties

For Sale:

• Look out for apartments that include 1 BHK and 2 BHK units.
• A 2 BHK flat? You can find them for anything from Rs. 25.4 Lac to Rs. 57.1 Lac.
• An example? Consider a stunning 2 BHK flat now on sale at Rs. 50 Lac.
• Also, for more exclusive buyers, a rare gem—a 1 BHK apartment in Gafoor Manzil priced at Rs. 1 Cr, Rs. 16,667 per sq.ft.

For Rent:

• Here, you can find fully furnished apartments complete with TV cabinets, beds, kitchen cabinets, and cupboards.

Market Trends

• At the moment, property rates are going down. This could work in favor of buyers looking to snag great deals.
• But let’s be real— selling right now may not bring as much profit due to the rate drop over the last year.

Location and Amenities

• Located in Bhuleshwar, Null Bazar enjoys a central spot and is easy to access.
• Though specifics about local amenities are not listed, its central status usually guarantees nearby services, transport, and other urban facilities.

PropertyWala's Conclusion

Investing in Null Bazar, Mumbai can be a smart move for real estate. With property rates going down, buyers might find this a perfect time to buy. However, sellers should stay cautious given the downturn trend. The variety in property types, ranging from budget-friendly to upscale, caters to many. Don't forget, deep dive into local market trends before jumping on any real estate deal.