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TheMoveChannel's New Property Investment Opportunity in Mumbai, India

(EMAILWIRE.COM, October 24, 2008 ) Mumbai, India - TheMoveChannel.com, the leading international property portal, announces a number of new development projects launched in Mumbai:

· Mumbai apartments (£22,846 to £48,167 1, 2 and 3 bed apartments, 2009 completion)
· Apartment development in Mumbai (£32,960, high rental returns, July 2009 completion)

Properties in India are unlikely to be an investment opportunity UK investors have considered in the past, so TheMoveChannel.com provides an overview of Mumbai and its sites.

1. The Elephanta Caves

The Elephanta caves are the focal point of Elephanta Island, known in days gone by as Gharapuri Island, which are located 10 kilometres from the Gateway of India in Mumbai.

Rich in sculptural content, these temples complex cover an area of 60,000 square feet, consisting of a main chamber, two lateral ones, courtyards and several subsidiary shrines.

The most important sculpture is that of Trimurti Sadasiva, which was carved in relief at the end of the north-south axis. This colossus 20 foot high image is of the three headed-Shiva, representing Panchamukha Shiva, with the three faces showing different forms of Shiva.

A big tourist attraction, the caves are thought to date back as far as the 9th Century. In 1987, the caves were designated a UNESCO World Heritage Site.

2. The Gateway to India

The Gateway to India is located on the waterfront in south Mumbai and is the cityÂ’s most famous monument.

It was built as a triumphal arch to commemorate the visit of King George V and Queen Mary to Bombay, prior to the Durbar in Delhi in December 1911.

The 26-metre structure faces the Arabian Sea and is the starting point for many of the tourists wishing to explore the city.

The monument is a perfect amalgamation of Mogul and Indian architecture, complete with four turrets and intricate of lattice work carved into the yellow basalt stone.

3. Beaches

The city has a selection of fine beaches with Girgaum Chaupati, commonly known as just Chaupati (pronounced chow-patty), known for the festival of Ganesh Chaturthi, which celebrates the day Lord Ganesha, the son of Shiva and Parvati showed his presence on earth.

The most famous beach in Mumbai is Juhu Beach, situated on the shores of the Arabian Sea in one of the most affluent areas in Mumbai.

Other top beaches include Versova, Aksa and Marve Beach, which is located in the Western Suburb of Malad and connects the Essel World (Amusement Park) and Madh Island to the city through the ferry service.

4. Bollywood

Bollywood is the name given to the Mumbai-based Hindi-language film industry in India, which produces more than 800 films a year - twice as many as Hollywood.

The term Bollywood was created by blending Bombay (now known as Mumbai) and Hollywood (the famous centre of the US film industry).

The genre of Bollywood films are normally musicals and are made with at least one song and dance number.

The plots of the films are often melodramatic and formulaic, such as star-crossed lovers, corrupt politicians, twins separated at birth, conniving villains, angry parents, dramatic reversals of fortune, and convenient coincidences.

Dan Johnson, Managing Director, comments:

“Formerly known as Bombay, Mumbai bombards your senses with sights, sounds and tantalising flavours, as well as being home to fine beaches, historical monuments and the Bollywood film industry.”

For more information on Indian Properties and the market in general please visit http://india.themovechannel.com/

-ENDS–

Notes to editors:

TheMoveChannel.com is a property website that was founded in 1999 as an online resource for buying, selling and learning about property. It now receives as many as 300,000 visits per month and advertises over 50,000 properties in nearly 90 countries, which are listed by over 500 partner organisations.

For further information as well as images and interview possibilities, please contact:
Dan Johnson
Managing Director
www.TheMoveChannel.com
0207 952 7650





TheMoveChannel.com
Jon Moore
020 7952 7658
j.moore@themovechannel.com


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