Mumbai Residential Properties

Phone: 9892137594 

Property Buying Tips

Our endeavor is to simplify the most important decision of your life – Buying a Property. We combine the power of the Internet along with our expertise in Real-Estate to provide comprehensive information on various Properties (for Sale/Rent) and Under Construction Projects. We offer genuine and unbiased advice and help you conclude the transaction successfully.

Step 1: Check Out MumbaiResidentialProperties.com

Visit our website to see and compare the best suited property from a vast database of properties from the best builders and various resale options. We provide comprehensive information on location, builder name, unique selling points of the project, layout plan, floor plans, pricing, specifications and amenities on all properties.

Step 2: Select The Property That Meets Your Criteria

It is extremely significant to ascertain one’s needs and budgets, then start looking for a property. One must be clear about the size, type and the kind of property one is looking forward to before investing.

Property selection is based on the following:

New or Resale:

Another significant factor is to decide and know whether investing in new or re-sale property will be beneficial. Take time to analyze the worth of both new and re-sale property based on your needs and lifestyle. Resale properties are priced less in comparison to New properties. Sometimes they are same priced until and unless it is a under construction property with upcoming social infrastructure.

Amenities:

Buyers should consider the livability factor of a particular locality prior to making investment. It’s not only the nearby schools, hospitals, malls, medical facilities, grocery stores that help in making decision but also the amenities and facilities available within the Residential/Commercial project are of relevant importance.

Location:

Selecting a right location is one of the most complicated aspects of property buying. Every buyer has their own set of preferences like distance to work space, school, malls, bus stops, metro station, etc. It is extremely essential that the area is well-connected to the other parts of city. As a buyer, you need to identify the right location that will match well with your needs.

Infrastructure:

The place where you are looking forward to invest should be well equipped or must be in close proximity to established schools, health care facilities, parks, public transport, grocery stores and others. Whether, an end-user or investor, surrounding infrastructure matters a lot as it decides the livability factor of the locality.

Developer’s Credentials:
Prior to making an investment, it is extremely important for you to do a proper check of the property market and the reputation of the developer. The check must include market presence of the developer, status on the past completed projects, credibility on project delivery and reviews of the past buyers. It will help you in getting an idea about the capability of the developer and also his construction capability/quality.

Explore Options:

Do not stick with one option rather go explore various types of housing options under different brand names. This will help you get a better understanding of the market to make the best property decision.

Check For Project Approvals: Before putting your hard earned money in a Residential/Commercial project, it is important that you check and enquire about the builder’s credibility. Also check for the project approvals. Being a buyer you have all the right to demand for documents associated with approvals procured from the local authorities.

Know The Hidden Costs:

Hidden costs are one such expenditure that may take many Property Buyers by surprise. These hidden costs often escalate the total cost and make it very difficult for the person to handle the expenses. It may include interior cost, maintenance deposit, parking space cost, registration cost, among others. So, it is smarter to be aware of these costs and be ready for this additional expenditure.

Step 3: Closure On The Deal

Once you have decided on the property of your choice, we help you:

  • Close the deal by handling all negotiations and the paperworks
  • Guiding you through the application forms, allotment and arranging home loan from a reputed bank, if required
  • Ensure a convenient and hassle free transaction
  • Our services to you continue till the Registration of the flat. This includes payment reminders, collection of cheques and handling all documentation with the builder and the bank

Some relevant terms:

  1. Carpet Area: This is the area of the apartment that does not include the area of the walls i.e. the area of the apartment that a carpet can cover.
  2. Built-Up Area: This is the area of the apartment that includes the area covered by the walls.
  3. Super Built-Up Area: This includes the built-up areas such as the lobby, lifts, stairs etc. This term is therefore only applicable for multi-dwelling units, such as flat complexes.