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Mumbai name which is derived or kept after goddess name "Mumba devi" earlier until 1996 it was known as Bombay. During British era, when trade took place by the British people in Mumbai which earlier use to take place in Kolkata previously known as Calcutta was favorite place of Britishers. But very soon Mumbai become and always remained influential and appealing to the Britishers till the time they ruled India as this place is surrounded by to three sides with water. Mumbai being on coastal region boosted trade with that it flourished Mumbai(Bombay) and also for the British people there was a no look back for export/import trade purpose. Since then after the Britisher's were ruled out from India and till today post-independence when Mumbai become and remained financial capital of our country.
Mumbai city is a composite of seven islands which are Isle of Bombay, Parel, Mazagaon, Mahim, Colaba, Worli, and Old Woman's Island or Little Colaba. People from various other parts - city, villages and states started coming to Mumbai in search for jobs. Mumbai after independence period had long term established and was largely known for textile mills and its seaport till the 1980s. Now with time changed it become cosmopolitan diversified metropolis which is heavily being replaced by industries employing more skilled employing into Information Technology(IT), healthcare while it has skilled labours for diamond polishing and engineering. Mumbai also have trade centre(BSE), commerce, communications, business, industry, entertainment and tourism in India.
Now as people began to settle in Mumbai demand for residence location began to arise just like as fire catches and spread in jungle. Early days started with local chawls especially with single or double room for residence and two floors building began to be constructed.
Property developers began to build property in various part of the town (from south Mumbai till Sion) and suburbs (upto Mulund) to dwell the residence seeker. Very soon construction from regular two floors, four floors and seven floors building to big towers and multi-storey building began in all direction of the Mumbai city.
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Railway to simplify Mumbai has done a great job by smartly dividing into three lines which can be seen on any railway station or in a local train on the top roof side on each local compartment door. Mumbai railway-wise is divided into :-
Central line from CST to Mulund,
Western line from Churchgate to Dahisar and
Harbour line from CST Harbour to Mankhurd.
The Western, Harbour and Central suburbs have given their name after the local railway lines that are being served by the respective areas.
After 2006 real state not only in Mumbai but across the country side has seen a new boom in property rates in Mumbai, upcoming projects in mumbai, builder properties in Mumbai which raised it to next level and continued to grow till day. But in the past couple of years there was also seen price stagnancy in premium and big size property tickets still it is able to keep it managing.
By looking into future coming demands now new projects are floated by not only giant builders but also normal builders are heavily begun invest in lands and started to construct new age construction called as township. All are proposed and planned to be developedin the outer skirts of Mumbai suburbs - beyond Mulund, Thane region covering upto Virar and extending till Dahanu while in Harbour line - Navi Mumbai from Vashi to Panvel as these locations have plenty of open space and yet not developed. So these townshipsare nothing but acres of land being constructed with modern apartments with amenities like swimming pool, club houseand other required needs by a being like markets, shops, mall, hospitals, schools, colleges, hotels and cinema house all facility in nearby place of township.