January 29th, 2015 by James
With the property prices in Mumbai at all-time high and showing no signs of cooling down, finding a dream home in the city has become extremely challenging. The average cost of 1 BHK flat in the city center is around one crore rupees. To afford an apartment worth one crore, you need to have a monthly income of not less than 1.5 lakhs. This is anybody’s guess as to how many people earn this kind of salary at the beginning of their career or even after being in profession for some years. Add to this the down payment amount that you have to pay upfront to book your flat and the process of buying an apartment in Mumbai seems even more daunting. The minimum upfront amount that you need to pay including margin money, registration fees, stamp duty, legal fees, parking and development charges, service tax, etc. is around 30 lakh rupees for a home worth 1 crore rupees. Now collecting 30 lakh rupees upfront in itself seems a big challenge for a middle class individual, leave alone purchasing a flat worth three times its value. However, it is still possible to find a good apartment in Mumbai. Here are the ways to locate a good housing for yourself, in this dream city – The best upcoming projects in Malad, Mumbai is Auris Serenity do check out the specification.
Look for homes in the upcoming regions
The costs of homes in the upcoming regions of Mumbai are still affordable and offer great amenities, high standards of living and are worth every penny you spend. You can look for homes in the upcoming or ongoing projects in Kalyan, Thane, Bhiwandi, Dombivali, Badlapur, Titwala, etc. Almost all new projects in these regions are built using latest technologies and offer state of the art facilities such as garden, swimming pool, recreation centers, high security, stilt parking, etc. In addition to this, the apartments are spacious, have full length windows for ventilation, modular kitchens, flower bed or balcony in each room, power back-up, etc. and above all you get fresh air to breathe.Afterall, there is no substitution to healthy living!Also, most of the township projects in these extended suburbs have their own bus services to the nearest railway station to make your commuting comfortable and easy.
Best way to find an apartment in Mumbai is through Housing.com
The best way to find upcoming projects Mumbai is through the online real estate portals like Housing.com, which is India’s leading property portal that facilitates buying, selling and renting of all real estate assets online.The site hosts thousands of verified properties within Mumbai city as well as its extended suburbs.You can select the best apartment from some of the finest properties available in thiscity on Housing.com.There is no dearth of option here and you can get all types of properties – resale, ready possession, under construction, new launch, etc. You can research, analyze, compare and can then select your dream home on this site that fits your requirement in terms of budget, area, property type, amenities, security features, locality as well as society standards. You can do all these and much more from the comfort of your home or even while travelling using the Housing.com mobile/iPad app. With this site, you are bound to have an easy, hassle-free and convenient buying experience.