New Residential Projects in Mumbai – Three Things that Make Them luxury

Property in Mumbai, is one of the most highly priced and equally coveted property in the country. You can get the highest rate of interest on property in Mumbai. Be it a 1 BHK apartment or a luxury flat, you can’t get prices, rents or returns like this anywhere else in the country

Luxury residential projects in Mumbai are big market and builders and realtors are making the best of it. When a property gets the tag of a luxury property, you can get a higher price for it. But not all the projects tagged as luxury are actually luxury projects. Buyers need to be really vigilante and informed when they decide to buy luxury flats in Mumbai.  

Here are five things that you should look for when you buy luxury flats in Mumbai.

1.       Amenities: This is something that is hard to come by, especially when it comes to projects in Mumbai. There is so little space left in the city, that a project that provides you with amenities is difficult to find. New residential projects in Mumbai, that are tagged as luxury must provide buyers with amenities like a full sized swimming pool, a gym and covered parking for all residents. Additionally, you can also expect amenities like private elevators, automobile elevators, round the clock security, a butler service, and even a private restaurant and clubhouse.

2.       Space: Since finding space is such a struggle, especially in a city like Mumbai, luxury flats here need to give you that, especially for the price they come at.  Luxury flats in Mumbai, should make better use of space than normal flats. They need a more open floor plan and should allow residents option of customizing everything in their home. One can expect to find balconies, indoor private pools in the flat, private elevators, separate service rooms for the help, walk-in closets and extra storage and so on.

3.       Location: Location is also of key importance, especially when it comes to luxury projects in Mumbai. So areas in the city are already tagged and seen as the high end areas when it comes to real estate. New residential projects in Mumbai, in these areas, that come with the relevant amenities and facilities can be rightfully tagged as luxury flats in Mumbai. Areas like Cuffe Parade, Malabar Hill, Napean Sea Road, areas in Bandra, Khar and Juhu are all high end areas, where you can expect to find luxury flats in Mumbai.

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What’s so great about luxury flats in Mumbai

Property in Mumbai has always been a very coveted possession. People from all over the country come to this city to fulfil their dreams. It is a dream for many to own property here. Luxury flats in Mumbai are truly unique properties. Some of the best builders in the country have some of their best projects here.

New residential projects in Mumbai boast of amenities and facilities that were previously unheard of. These projects redefine luxury and how. If you want to live in some of the best homes in the city then luxury flats in Mumbai are made for you.

Here are a few things that luxury flats in Mumbai offer you that you may not find anywhere else.

1.       Privacy: Mumbai is a city that is always crowded. Finding a bit of privacy, even in your own residential premises can be a real task. But luxury flats in Mumbai, give you all that and more. You can find flats that give you amenities like private pools in your home, gyms, and even elevators.

2.       Best technology: New residential projects in Mumbai, also offer you the best of tech. Your flats can be equipped with facilities like climate control, internal intercom, cctv surveillance and so much more. We’re always worried about security living in this busy city and with the latest technology you can rest assured that you will be safe.

3.       Top of the line amenities: Luxury flats in Mumbai offer you the top of the line amenities like Olympic size pools, fully equipped gyms, spas and saunas and in some cases even private restaurants and grocery stores. You will also get covered parking for your vehicles, which is something that is hard to find in a city like Mumbai. You won’t find such amenities in any other projects.

4.       Quality control: When you invest in luxury flats in Mumbai, you can be sure that you will get the best of everything. All the material used in the building of this property is selected with the utmost care. Everything from the cement to the fittings used are all of the best quality possible.

 5  . One of a kind: Finding property that is truly one of a kind is not an easy task. But when you invest in luxury projects in Mumbai, you can be sure that you’re getting properties with unique designs, structure and facilities. This is something that you cannot find very easily anywhere else. 

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Are flats in Thane West a better investment than luxury flats in Mumbai?

Move over luxury flats in Mumbai! Thane is the new best place to live in now! You don’t believe us, do you? Well then, upcoming residential projects in Thane will definitely change your perspective.

New projects in Thane boast all of all the amenities that you can find in any luxury property in Mumbai and with the changing infrastructure of the city, Thane will soon be as good as its neighboring city.

Flats in Thane are much more affordable than those in Mumbai. There is a lot more space available there and so the flats are also much more spacious than those in Mumbai. Wide open spaces, ample recreational opportunities and tranquil life is something that builders in Thane offer to their potential customers.

If you’re someone who is seeking peace and tranquility in Mumbai, then here are some reasons why you should consider investing in one of the numerous new residential projects in Thane.

1.      Ample space: The one thing we miss living in Mumbai is spacious houses and more importantly ample open spaces. Space is not an issue for those living in Thane. New projects in Thane come with a promise of ample space, green out doors and fresh air so you don’t have to drive out of the city for a breath of fresh air every weekend.

2.      Reasonable prices: Real estate in Mumbai is one of the most expensive in the world. For the price of a 1BHK in Mumbai you can easily get 2 BHK ready possession flats in Thane. Even though Thane is so close to Mumbai, the real estate prices are much more reasonable than in the city.

3.      Easy commute: If you work in Mumbai and that is your number one reason for living here, even then Thane has got you covered. With multiple projects underway to improve the road connectivity and also new metro lines coming up, commuting from Thane to Mumbai is going to easier than ever before.

4.      Peace and quiet: No matter where you go in Mumbai, you’re always surrounded by traffic both vehicular and human. Thane doesn’t have the same problem as yet. Being close to Mumbai this suburb has ample entertainment and recreational opportunities available and yet you will find that you can enjoy it without have to fight a crowd every time you step out.

5.      Good amenities: As the number of upcoming projects in Thane increases so do the amenities. You can find a number of good schools, colleges, hospitals, day care and even clubs, health centers and so on here.

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Why Property in Mumbai is the Best Investment in the World

Owning property in Mumbai is a lifelong dream for most people who come here to work, study or to just start a new chapter of their lives. But for a lot of people this dream remains just a dream because property in Mumbai is one of the most expensive in the whole world. And that is one of the reasons why people choose not to invest in property here at all. The city is also too crowded and there is very little space left. But the truth still remains that owning property in Mumbai is a matter of prestige and no one can take away from that.

If you’re still wondering why you should consider investing in residential property in Mumbai then here are some reasons that will convince you to do that.

1.  

 Best return on investment: New flats in Mumbai may cost a bomb, but there is no denying that they can also get you the best returns. Just by renting out a 2BHK flat in Mumbai you can earn a substantial living for an entire family. The high cost of real estate in justified in the high returns one gets when they put it on the market.

2.    Commercial capital: If you’re a working individual then you know that Mumbai is the hub of all businesses and everything related to commerce. Whether you work in an MNC or have a business, being in Mumbai will grant you access to the entire industry and bring you opportunities that you may not get anywhere else.

3.  Connectivity and accessibility: Mumbai is not only well connected other parts of the country but to other parts of the world as well. If you are someone who travels abroad or even anywhere in the country, you know that Mumbai is the hub for all travel. Even within the city you can rest assured that no matter what time of day or night it is, you can go down to the street and hail a taxi or and auto rickshaw that’ll take you wherever you want.

4.   Best infrastructure in the country: Mumbai may be under construction right now, but there is no denying that this city has some of the country’s best infrastructure. Both commercial and residential property in Mumbai has a premium feel about it.

5.  Budget housing: It’s no longer strictly true that all residential property in Mumbai is expensive. You can find new flats in Mumbai at highly competitive rates owing to the huge number of new construction taking place throughout the city.

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Why this is the right time to buy Property in Juhu

Juhu is one of most sought after residential areas in Mumbai. Property in Juhu is precious as gold. You can find the top Bollywood stars living in bungalows here. This area has got it all, with beaches, to plush residences, to the best amenities, like schools and hospitals and even entertainment facilities like restaurants, nightclubs and movie theatres and spas.

Juhu property rates are always high, but if you have the sources then buying a property here will only get you good returns. There a number of new projects in Juhu for those who are looking to invest.  Some of the best residential projects in Mumbai are in Juhu, all with a sea facing view.

If you’re on the lookout for new property then this is perhaps the best time to buy. We say this because, the new rules and regulations that are coming into force are attracting more investors and in the near future. The Real Estate (Regulation and Development) Act, 2016 (RERA), intends to protect the interests of new home buyers and enhance transparency in the real estate sector. The Government of India enacted the Real Estate (Regulation and Development) Act, 2016 on the 26^th March 2016 and all its provisions came into effect from 1^st May 2017. The Maharashtra Real Estate Regulatory Authority (MahaRERA) came into existence on May 1, 2017. Builders and real estate agents had been given a 90-day window, to register their new and ongoing projects, with the real estate authority, which ended on July 31, 2017. The RERA will give the Indian real estate industry its first regulator. The most positive aspect of this Act is that it provides a unified legal regime for the purchase of flats; apartments, etc., and seeks to standardise the practice across the country.

Currently there is a great mix of new residential projects in Mumbai and commercial projects which are in the development phase. There are lots of new projects in Juhu as well and these are going to witness good profits in the coming years.

With so many things working in the favor of home buyers, it is a paradise for investors to buy property in Mumbai and especially in Juhu, because it offers a high ROI (Returns on Investment) for both the investors and the buyers as well. So what are you waiting for, go check out all the amazing properties in Juhu and take your pick.