Affordable Rental and End-use Flats in Mumbai Suburbs

Posted on Jun 29 2015 - 4:59am by admin

The Mumbai suburbs are most preferred place for dwelling. This is because of its developing nature socially and economically in these areas. There are now more infrastructures for the masses to settle here as best in transportation, affordable rents, and best for investments in land and residential properties. Many end-use homebuyers mostly search the web for property in mumbai suburbs or Western Mumbai Suburbs. This is also the same when comes to working masses search for residential homes for rental. There are also many local real estate agents here to cater the needs of Mumbai masses to become a Mumbaiker.

Flats in Mumbai Suburbs

Best Locality to find Affordable Flats in Mumbai Suburbs

The Salsette Island consist the Mumbai Western Suburbs. They include the areas like Jogeshwari, Andheri, Vile Parle, Borivali, Khar, Kandivali, Goregaon, Dahisar, Juhu, Malad, Santacruz and Bandra.  

Low Budget Flats in Mumbai Suburbs: The price of flat for sale and rent varies according to the facilities and amenities they include in a property and the location they are present. You may get 1 BHK (500 sq ft) with bathroom attached in top 5th floors of suburb area from INR 10 Lacs onwards. The same complex a ground floor will cost you about INR 30 Lacs. When the top floor comes to rental may come for INR 4000 and the ground floor will come for INR 7000. However, it is very easy to find a low budget flats of below 49 Lacs values and rental up to INR 10000 easily in the suburbs of Mumbai.

Local Builders in Mumbai: They are the best people to approach, when you are looking for low budget flats. However, you can only get those flats, which is a project of a builder. Since, most builder collective develop flats by land acquiring as end-use purpose. It is advisable to go online, search for the flats for sale and rent, and compare the price before booking them.

Real Estate Agents: They are best when comes to real time search for rental property and property for sale in Mumbai suburbs. You can find locally their offices in the main streets. They have complete knowledge of the locality and they can assist you to get your budget property or least rent flats available in the Mumbai suburbs.

Mega Residential Projects: However, one can expect 49 Lacs worth flats in the top floors of mega residential projects. This is costly since most of the flats they build are of fully furnished or semi furnished flats. Either they are ready to occupy flats in the Mumbai suburbs. You may get re-sale flats any time since there are many who just buy them as investment properties. When they launch a mega residential project, their customer are online and nearly 80% of the flats will be booked thorough their respective website. A 20% may be available for walk in customers or procure by their sales team. Most of their projects will be of gated community living and best for all class of people to own or live in rental flats. These flats are low raised buildings and mostly have maximum up to 6 stories.

Bank Auction Flats: This is the smart way to get a flat at very cheaper rate in Mumbai. However, one has to wait for public notification of these properties on the bank websites and in the local newspapers. You may get a posh flat or luxury flat at cheaper rate too. However, make sure the property is not lien marked and pledged to other financial lenders. There is also severe completion to buy these flats form the middle class people.