Mumbai property updates – primary amenities and luxuries you may have!

Mumbai, once known as Bombay is one of the most well-known places in the world. It is a dream city and having a property in Mumbai is truly like a dream come true. There are many people who work in Mumbai and dream of settling in this beautiful city. Mumbai was known to be built on seven islands however, it's not clear when it was built. Since then rapid growth has led Mumbai to be the powerful city that it has become today.

Primary amenities that should not be missed:

Traffic in a metro city like Mumbai can be merciless. Make sure you focus on the location of the property as accessibility is most important. It should be near to bus and train stations. Check the appreciation value of the area along with availability of transport and other amenities like hotels, hospitals, colleges, malls and schools. Legal documents of the property should also be checked if you are planning to buy a ready to move or under construction home. Check the RERA number and OC for a new property.

Other luxurious amenities

If you are planning to be a part of Mumbai and want to buy a property here you will find many projects that offer homes for every need. Nowadays, property in Mumbai is built keeping in mind the requirement of home buyers because of buyers who have requirements like a larger area, swimming pool, home automation, homes with ready-made interiors, semi-furnished homes etc.

Upcoming projects in Mumbai make it easy for buyers to take the right decision to purchase a home at an economical price. Competition in the real estate market has led to developers offering affordable homes for buyers, especially for those who are buying their first home. Some buyers prefer buying ready possession flats in Mumbai because they don't feel safe in investing in a property.

Properties are categorized as premium according to the location too. For example, a property of a particular area in Virar might not be considered as premium but the same property will be considered as premium in Andheri or Juhu. Premium property in Mumbai are available at many places offering 2Bhk & 3Bhk homes which are offered at prices that are on the higher side. However, in the long run, you will get high returns after investing in a luxurious property. It's very important to keep the above points in mind while buying a home in Mumbai. 

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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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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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