The city of Mumbai lies on the western coast of
India, and has become one of the most important cities in the country. It is
home to the famed Bollywood industry apart from many of the richest and the
most successful people in the country. Unlike many other cities in India,
Mumbai boasts of a fast-paced lifestyle and has a great work culture, which has
led to many people shifting base and relocating to the city.
2 BHK apartments in Mumbai have become quite a rage in recent times for people
shifting to Mumbai, from various parts of the country. These apartments offer a
good combination of being decently spacious at the same time not costing a
fortune when compared to 3 and 4 BHK apartments.
There are some important points that first-time
buyers in Mumbai should consider before taking the plunge:
·
Budget: Fixing
a budget while buying a flat is essential, especially in an expensive place
like Mumbai. Yes, there are many 2 BHK
apartments for sale in Mumbai, though not all of them are affordable. Certain
apartments in Mumbai, especially the ones located in posh areas like Bandra,
Powai, Colaba, Dadar, Church Gate etc. are quite expensive. Fixing a budget can
help you in assessing what you want and what your requirements are, and then
you can strike a deal in the locality of your choice.
· Location:
As mentioned earlier, the fancier areas of the city will command higher
prices. As a first-time home buyer in Mumbai, you should be ideally looking for
a location that is neither too remote nor too central. There are wide range of
apartments for sale in farther ends of Western Suburbs or the entry part of
Harbour Line (Towards Mumbai) which are quite reasonable compared to the flashy
neighborhoods.
· Handling documentation:
Buying a home for the first time is made even tougher with the amount of
paperwork that needs to be dealt with. First-time home buyers are often
inexperienced and should definitely hire the services of a professional who can
help in analyzing the documents involved in a thorough fashion.
