High Demand for 2 and 3 BHK Apartments in Mumbai's High-rise Buildings

1. High Demand for 2 and 3 BHK Apartments in Mumbai's High-rise Buildings Traditionally, Mumbai has been the city of high-rise buildings. Good lighting, ventilation and privacy are some of the reasons due to which the demand for 2 BHK and 3 BHK apartments in Mumbai’s high-rise buildings has increased. Living on a top floor is also comparatively secure. It also offers stunning views of the city. Living in a high-rise building has various benefits, but it is also expensive. Whether you buy a 3BHK or a 2 BHK apartment in Mumbai, compared to other residential projects in Mumbai, buying an apartment in high-rise buildings is costlier. Not just Mumbai, but the trend of skyscrapers can also be seen in other metropolitan cities of India. Due to the rising population density and lack of land for property construction, tall buildings have become more of a necessity rather than a choice for developers. Today, you can easily find high rises across Mumbai, especially in places that used to have residential buildings not taller than 5-10 floors. Developers have started constructing buildings that are 50-70 storey high, catering to the rise in demand for luxury flats in skyscrapers. In Mumbai, tall buildings have become a lifestyle statement. From the fact that a skyscraper has exclusivity attached to it to factors like great views and privacy, high rise building have become a sought after option for many wealthy home buyers. Are skyscrapers safe for living? There is no doubt that owning a flat in a skyscraper has become a style statement but there are differences of opinion as far as safety of the buildings are concerned. According to famous architects, tall buildings are prone to earthquakes. However, they are designed to sustain earthquakes of level 5 or 6. Compared to a 4 storey building, chances of a 50 storey building falling during an earthquake is higher.