Mumbai Real Estate In 2026: ‘Future Of Middle-Class Is In Extended Suburbs,’ Says Owais Machhiwala
Mumbai’s real estate market has changed dramatically over the past two decades, with rising property prices, limited land and expanding infrastructure reshaping how people buy homes. Owais Machhiwala, a Mumbai real estate expert with 18 years of experience, spoke to The Free Press Journal about the city’s changing property landscape. From why the middle class is increasingly looking towards…
In 2026, Mumbai's real estate market is described as dynamic, experiencing growth but facing the reality of rising prices. Owais Machhiwala, a seasoned real estate expert, shared insights on the city's changing property landscape. Middle-class buyers are increasingly drawn to extended suburbs, particularly areas like Thane and Panvel, due to improved connectivity and metro infrastructure.
Despite the allure of larger homes within a ₹1 crore budget, Machhiwala advises buying only what one can afford, starting with a one-bedroom home and expanding later. He also warns against the misconception that every builder is dishonest, highlighting the presence of reputable developers in the market.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
