Points to Remember Before Buying Apartments in Malad East

With the real estate market taking bigger strides every day, the returns on investments have increased substantially. As a result, the stage is set for home buyers looking for properties in Mumbai. This is especially true in terms of apartments in Malad East. More people are now gravitating towards the idea of buying small, moderate, and larger-sized 3 BHK flats in Malad rather than renting them out.

Here, we help you take a quick look at the pros and cons of buying an apartment in Mumbai.

Pros of Buying 3 BHK flats in Malad

1. An apartment will subsequently increase in its value. This means that it will be possible for you to get more than you have invested if you decide to sell your property at any stage in the future.

2. As homeowners are believed to have a rather good credit score, their credit ratings are much higher, and they are likely to get loans easily.

3. There will not be any fluctuations if you happen to take a fixed-rate mortgage against your home. The amount payable will remain constant across the loan’s lifetime.

4. The interest payable on the purchase of an apartment is eligible for tax deductions.

5. When you are the owner of a flat, you can manipulate and renovate any and all aspects of your home any way you desire. This is not possible if you choose to live in a rented home. Tired of cabinets? Replace them. Do not like the carpeting? Invest in wooden floors to add more value. It’s that simple.

Cons of Buying 3 BHK flats in Malad

While owning an apartment, homeowners have to fix everything on their own. They also have to remember and keep up with loan and mortgage payments, property taxes, HOA fees, insurance, and repairs. These acts can be time-consuming and stressful for many.

All said you would not want to pass upon the opportunity of owning having a 3 BHK apartment in Malad. So, stay tuned with the real estate offerings in Mumbai and strike the best deal at the earliest – you will be glad you did!

Real Estate - Residential Property in Andheri

Andheri East is fast becoming a hotbed for the best residential properties in Mumbai. If you have been looking around for 3 BHK flats in Andheri, then your search will bring forth plenty of options for luxury and affordable residential properties. Here’s a quick look at why a well-researched residential property in Mumbai is the right way to go for you.

Andheri East had developed as a thriving industrial area way back in the 1980s. Later on, it developed into a pulsating commercial and business destination. In current times, the areas comprising of Marol, Chandivali belt, and Jogeshwari-Vikhroli Link Road have become the most coveted destination for affluent and posh residential projects. As per experts, a major percentage of 3 BHK flats in Andheri, as well as the Malad-Goregaon-Powai areas, are being taken up by those in the FMCG, media, pharma, and SME sectors.

Andheri Station

There has been a rising and persistent demand for all kinds of premium and marquee residential properties in Andheri. If you are planning to move in with your family, then some of the five-star hotels, educational institutes, hospitals, libraries, parks, banks, and recreational avenues would be readily accessible from most localities, thereby adding to the pleasure of living in Andheri.

Your purchase of the best residential property in Andheri should be accompanied by locational advantages, the price of the apartment, super built-up and carpet area, proximity to public conveniences, a good community, and easy accessibility to your workplace, kids’ educational institutions, etc.

What’s more? The luxury apartments in the high-rise buildings of Andheri East are packed with the best amenities including internationally designed landscapes, fully equipped spas, meditation rooms, international bath fittings, digitally automated homes, valet parking, and several other features – simply take your pick!

Rising Value of Flats in Goregaon East

These days, the exquisite flats in Goregaon East are becoming the cynosure of most eyes for many reasons. If you are familiar with the layout of Mumbai, you would know that the highest quality of construction and state-of-the-art living is available in Goregaon East. For instance, the ownership of a 2 BHK flat in Goregaon East will not extract a fortune from you, and you will find yourself in the vicinity of some of the most coveted towering structures in the metropolis.

Given below are some guidelines to take you forward in your journey of making the best purchase decision for affordable flats in Goregaon East.

Omkar Ananta

1. Assess your Budget and Stick to it

A proper budget is a necessity as it helps you ascertain the amount of money that you will be left with after meeting your expenses. You should take all proper measures to ensure that the apartments shortlisted by you are capable of satisfying your present needs and giving you good returns on your investment on a daily basis.

2. Location

It is recommended that you take a long hard look at the locality and the location of the property shortlisted by you in Goregaon East. In case your workplace is at the other end of the city, you should make certain that your place is situated close to a major highway connecting your home and office. In case you are away from the main road or major arterial nodes then you will end up spending a lot of time commuting to work every day.

3. Good Resale Value

Resale value should be an important criterion to consider when planning to invest in or buy a property in Goregaon East. It is common for most property buyers to concentrate on the location, price, and aesthetics of the property of their liking, rather than its resale value at the time of purchase. In case they end up buying a property in the wrong location, the ultimate resale price may turn out to be much lesser than what may have envisioned earlier on, so, beware.

Think before you act by keeping these tips about the purchase of a 2 BHK flat in Goregaon east in mind. Act wisely!