Published: 2017-09-20   Views: 418
Author: joquim
Published in: Real Estate
Is Now A Good Time To Buy Flats In Mumbai

To own a flat in one of India’s most popular city i.e Mumbai is a dream for possibly everyone. Flats in Mumbai are being sold at an immensely fast rate and with more and more real estate developers buying property, this trend shows no signing of stopping anytime soon.

Real estate in Mumbai owes its growing popularity largely to the city it’s in. Mumbai is the state capital of Maharashtra. It is fourth most populous city in the world. Mumbai is the largest and the busiest city in India. It is also the commercial and entertainment center of India. Real estate in Mumbai is also enjoying popularity because of the way the city is built. If you invest in residential property in Mumbai you get highest return like Residential — 5% to 7%, Commercial — 8% to 12%, Retail 8% to 14% & so on. The real estate boom in Mumbai is linked directly with the industrial and economic growth with stability and strong presences of multinational companies throughout India have made the preferred destination for investment in real estate sector. Mumbai is considered as one of the best location for investment, because it’s an upcoming satellite town catering to the requirement of all sorts of properties i.e. residential, commercial and industrial. The city has constructed wide roads providing all sorts of facilities to the public. As a result more and more people like to make real estate investment in Mumbai.

But, there are just a few things one should keep in mind when looking to invest in Mumbai. One of the most important things you should do is, keep your budget and limitations in mind and come up with an amount you can afford to pay. You would be well advised to hire a real estate agent if you’re buying your first home in Mumbai. Professional help while investing in real estate in Mumbai will ensure that you steer clear of fraudulent deals and make an informed choice. You should also see at least 5–10 properties before you zero it down on a home that suits you best. Research it’s price by finding out from the property sellers in the area.

Today, it’s easier than ever for foreign or domestic investor to find residential or commercial property investment options. While it’s true that prices of Mumbai are high there has been a slight drop in prices, about 15 % to be exact. So if you were in the market to buy flats in Mumbai, this would be the correct time. Prices are down slightly and bank loans on housing are easily available with very low interest rates. All in all flats in Mumbai have proven to be a worthy buy and there’s no better time than the present to own one.


Author Bio

The author is a marketing expert who hails from Mumbai (India). His main specialty is information marketing but more than that he is passionate about setting goals and achieving them. You can get more information from him by visiting one of his real estate project

Article Comments


There are zero comments yet, why not be the first?

You must be logged in to post a comment.

Please log in or register to comment or reply to a comment.

Similar Articles

Long Let Malta – A Wonderful Accommodation Alternative How To Invest In Properties Malta? Rent In Malta May Vary As Per Your Duration Of Stay Rent In Malta At An Affordable Cost The Ideal Long Let Malta Property Get The Best Deal On Las Vegas High Rise Condos Available For Sale Homes For Sale In Summerlin, Going One Step Beyond Luxury Living Summerlin Homes For Sale: Getting The Right Realtor Ensures A Fair Deal The Business Behind The Accommodation Of The Student In Present Is Now A Good Time To Buy Flats In Mumbai How Home Buyers Can Raise ‘margin Money’ To Purchase Property - MD Properties LLC Simple Ways To Invest In Real Estate - MD Properties LLC House Rules Every Landlord Should Explain To Tenants Home Ownership Doesn't Build Wealth, Study Finds Plunge Into Comfort With Spacious 2 & 3 BHK Flats In Mumbai Partner With Rize Property Management For The Best Salt Lake City Property Management Invest In Restore Utah And Multiply Your Profit Count How Real Estate Investments Return Profits – MD Property LLC Qatar Real Estate, Property Finder Qatar, Rent Doha Qatar Real Estate – MD Properties LLC Real Estate Companies In Oman Helps To Improve Your ROI Investment Property Salt Lake City Return You Best On Your Investment Advantages Of Hiring Real Estate Restore Utah For Your Business What Is A Real Estate Developer? MD Properties Real Estate Marketing Tips - MD Properties Qatar The Benefits Of Using Property Management Oman Services 5 Best Ways To Add Value To Your Office Space Why You Need Property Management Services Utah? Restore Utah Salt Lake County Emerging As Highly Competitive Real Estate Market Resfix - High-Quality Real Estate And Best Home Service Provider In Oman Top 6 Myths About Home Pricing Rize Property Management - The Best Property Management Companies Utah How A Real Estate Investment Fund Leads To Easy Living Documents Needed When Applying For A Mortgage Advantages Of Salt Lake City Property Management Why Is Restore Utah A Right Investment For You? Real Estate Scams To Watch Out For – MD Properties Qatar Kaserp Various Services Offered By Property Management Companies Salt Lake City How Restore Utah Is Shaping Real Estate Looking Ahead To Get The Best Tenant In Your Property In Utah? 5 Effective Real Estate Investment Strategies Restore Utah Real Estate Investment Ranks On Top In The U.S. Choosing The Best Property Management Companies Restore Utah - Real Estate Investment Fund Best Salt Lake City Property Management Company That Provides A Wealth Of Benefits For Property Owners Reasons Why You Should Choose Restore Utah Real Estate Investment Company Important Benefits Of Hiring Salt Lake City Property Management Company Why You Should Hire Restore Utah Real Estate Investment Company? Why Is It Important To Hire Residential Property Manager? Have A Plan To Invest In Real Estate? Utah Property Management Company Removes Stress All You Want To Know About Real Estate Investment Fund In Salt Lake County Real Estate Italy | Real Estate Company | Real Estate Agent What Makes Bhiwandi In Thane A Booming Real Estate Investment Destination What Are The Benefits Of Hiring Salt Lake City Property Management Company? What Is Real Estate Funds? And Why You Should Choose Restore Utah Company? Hiring A Property Management Salt Lake City Company - One Of Your Best Decision Why Is It Important To Invest In Real Estate Investment Fund In Utah Benefits & Importance Of Hiring Utah Property Management Company Best Residential Property Management Company That Can Help You With Regular Cash Flow Why Do You Need Utah Property Management Services Buy My House Mesquite - We Buy Any House At Best Prices Residential Property Management Companies Remove Stress Is There A Need For Residential Property Management Companies Best Guidance Of Move Rubbish Removal Melbourne Do You Need Residential Property Manager Hire One Of The Best Residential Property Management Companies Case De Vanzare Craiova La Preturi Avantajoase Gestionati Anunturile De Terenuri De Vanzare Craiova De Ce Sa Cautati Inchirieri Apartamente Craiova Online? Engage Residential Property Management Services For Your Assistance Do I Need A Property Manager? Homes For Sale Mississauga Interior Designer Delhi And Gurgaon Avoiding A Financial Crisis Through An Estate Liquidation

Articles Search cannot show any publisher Adsense adverts at the moment, we have decided to create a clone site to give our publishers the opportunity to use Adsense with their articles to create further revenue.

The clone site is your user details and articles have been copied from as of Mon 28th May 16:00 GMT, please can all users check their login details and make slight changes to their articles please.

Featured Articles