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Q.

How to buy a house in Mumbai?

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0 2021-10-27T19:48:27+00:00

Mumbai is the most expensive city in India and everyone dreams to live in the land of Bollywood. I work in a bank and I recently purchased a house in Mumbai from NoBroker. I had connected with the NoBroker team and when I asked them how to buy house in Mumbai, they suggested me these tips to follow:

  • Look at the locality:

It is important to live in a locality where you have supporting neighbors at the same time the place is safe and peaceful. NoBroker gave a list of safe places for house hunting. I will list them below:

  1. Ambernath West

  2. Dombivli East

  3. Umroli

  4. Mumbra

  5. Nalasopara West

  6. Virar East

  7. Nerul

The value of the property ranges from 2000 - 5000 Rs/Sq feet as they are situated in the suburbs of Mumbai. I feel like you can easily buy an apartment from these localities if you are thinking how to buy flat in Mumbai.

  •  Price of Property

The price of the property varies due to different localities. Generally, the price of property in Mumbai varies from different places. If you purchase a house in the suburb area the price will be comparatively low but prices of property in areas such as Powai, Bandra, South Bombay are on the higher sides.

H

I will provide the average property rates in Mumbai 2021 below:

 
Size of the Property Price per sq.ft

BHK4PLUS         

Rs. 19,071.78

BHK4   

Rs. 13,501.99

BHK3   

Rs. 17,049.98

BHK2  

Rs.12,260.56

BHK1  

Rs.73,077.52

 

3. Amenities

While you are searching how to buy home in Mumbai you must also think about the amenities the place has.

When I search for a property I check:

  • Whether it is RERA approved.

  • If the builder has a NOC certificate

  • If the property is located near local station, malls, hospitals

  • If the place has a proper electricity connection.

I hope you like my answer on how to buy a house in Mumbai.

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