Mumbai Real Estate Query

Hi Mumbaikars, Context: 1. Living in Mumbai for last 3 years.At a stage where I want to have Real Estate in my portfolio. 2. From an investment perspective, evaluating whether to get a 1BHK in south Mumbai like Bandra/Worli or a 2/3BHK in suburbs. 3. I'm okay with a 3-4% rental yield + 5-7% appreciation as I want to have passive income as well using the investment. 4. Budget is upto 2Cr and looking at residential property only as I have access to a subsidized home loan from bank as an employee, which isn't applicable on commercial properties. Queries 1. Do you think a 5-7% appreciation is realistic for a locality like Bandra for an investment horizon of 5-10 years? 2. Where do you feel the combined return of rental yield + appreciation would be maximised - south Mumbai or suburbs? If in suburbs, which market would you suggest?