Thursday, 13 December 2018

Buying a Flat in Mumbai? Check out the Top 5 Localities for Residential Purpose

Buying a home of their own is every individual’s dream, but where would that home be is a personal choice. However, when talking about buying a home in Mumbai, there’s hardly anyone who wouldn’t like the idea irrespective of what their personal preferences are.
  • The ROI is exceptionally high. 
  • Besides, Mumbai is one of the best places in India if one is to live there themselves. 
  • Plus, the income from rental properties in Mumbai is quite high compared to other cities, almost twice. So, that’s one more good reason to buy flat in Mumbai.
Having said that, one must make sure the location of the house a.k.a the locality is good. The locality must be:-
  1. Safe, especially if you’re buying the property for self-occupancy and you’re a family man. This is to ensure you’re a family is safe and comfortable in your newly bought home while you’re outside.
  2. Has a high property value appreciation rate. This goes without saying for people buying a flat in Mumbai for investment reasons. Higher property value appreciation rate would guarantee a higher ROI and vice versa. you can buy a flat in mumbai with Bajaj Housing Finance Home Loan. Home loan in the best financing option you buy a home in mumbai.  


Accordingly, below are some of the best localities to buy residential property in Mumbai.
  1. Bandra
  2. Andheri
  3. North Mumbai
  4. Juhu
  5. Goregaon
Bottom line: Irrespective of where (from the above list) you decide to buy the property, make sure the 2BHK or 3BHK flat in Mumbai you’re buying is
(1) RERA verified,
(2) the real-estate developer or the broker is registered with RERA and
(3) the property is available with instant home loan facility.

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