houses in mumbai

Buying Houses in Mumbai – What to Consider?

Quality construction, facilities and amenities, and price are the major aspects one would like to know when hunting for a dream home. Buying house in Mumbai is a challenging task. Each consumer would possess a varied perspective and would require something totally different to be content and happy with his or her selected home. Some would prefer high-end amenities, while some might opt for basic amenities, whatever it is, getting houses in Mumbai with your specification will be a tedious task, but not impossible.

houses in mumbai

Courtesy: net

Before investing in a house, make a list of the kind of house you would like:

  • Decide on the facilities you would want, there are so many projects that offer basic amenities, like 24 hrs water and electricity, security and ample parking space, these generally are offered by small time builders. If you are looking for good set of amenities, then you could opt for gated communities or large housing complexes
  • Check the per square feet price in the neighbourhood, where you have decided to buy the house and then compare it with your chosen one.
  • Do you want the house to be vastu compliant? Where would you wish the entrance to be? Do you want a north direction entrance specifically?
  • Verify to ensure that you have the reviews and feedback of the prospective developers from whom you have decided to purchase the property.
  • Does the house or property fit well within your budget? Would you get any sort of facility in terms of payment or loan facilities from the banks, suggested by the developer?
  • Take into account the time frame of complete construction and the exact time you will be obtaining the possession of the house or flat.
  • Will the developer offer you with an OC (occupation certificate) while giving the possession of the house?
  • Ensure that you are well aware of all the charges such as property tax, registration, and maintenance rates that are over and above the project price.

Well, if you obtain positive answers to all the above mentioned questions, you may surely consider the property for buying.