Luxury Property in Mumbai: Top 3 Things You Should Look for as a Buyer


hardik, February 12, 2019

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From an archipelago to becoming the City of Dreams, Mumbai has been at the centre of economic, cultural and historic development in the country. Today, with the rise of real estate developments you can enjoy both a lavish lifestyle and the essence of all things Mumbai at the same time!

For instance, staying at Lodha Palava in Dombivli gives you access to a mall and an Olympic-sized swimming pool within the property premises, while a walk around the town allows you to sample an assortment of mouth-watering street food.

Best of all, according to a recent real estate report, there are over 1,600 luxury apartments to choose from when you want a property in Mumbai that oozes opulence.

But when you are keen on luxury, it’s important to know that you’re getting good value for the money you’re spending. So, take a look at the top 3 things that you should look for before settling on a luxury property in Mumbai.

Also read: Real Estate Investment: A Ultimate Guide For Beginners

Prime location and pleasant neighbourhood

The choice of location for the property you are buying determines the quality of your daily life: the view you get, the people you meet, the work-life balance you can strike, leisure opportunities and healthcare facilities you can access.

For example, buying a property in Malabar Hill will let you enjoy an evening stroll through Hanging Gardens and take in magnificent views of Marine Drive.

Alternatively, purchasing a flat in Worli Sea Face lets you enjoy the beautiful promenade while keeping you well connected with Bandra and Lower Parel at the same time.

Other top localities in Mumbai include Goregaon, Bandra, Andheri, Navi Mumbai, and Juhu as they offer good connectivity as well as ample amenities.

High-end interiors and spacious floorplans

A part of enjoying a lavish and opulent lifestyle is having world-class interiors and a generous floor plan. For instance, Indiabulls Sky in Lower Parel gives you apartments with over 3,300 sq. ft. of space, a private elevator, a Jacuzzi, balcony, servant’s quarters and also makes use of vitrified tiles, oil-based distemper wall paint and anti-skid ceramic tiles in the bathrooms.

So, to ensure you benefit from similar facilities, when looking for homes check for availability of home automation systems, a generous floor-to-ceiling height, high-quality bathroom fittings, and large, well-designed rooms.

Also read: 5 Top Real Estate Investing Tips For Beginners in India

Ample convenience facilities within the premises

In fast-paced Mumbai, nothing can be better than having the facilities you need daily within arm’s reach. Today, almost every real estate developer will offer you facilities like a gym, garden, clubhouse, tennis or football court with your fully furnished apartment. Some developers go further.

For example, Lodha Palava has a mall, 3 ISCE schools, a work centre, and plenty of playgrounds so there’s no reason to step out.

This is to say that before you zero-in on a property, list must-have amenities and see how well it matches up to your expectations.

It may be something like a senior citizens park that you desire, but knowing what adds value to your life will help you pick out the ideal luxury property in Mumbai for you.

Now that you know what to keep an eye out for when searching for a luxury property in Mumbai, get all the financial assistance you require by making use of a home loan by Bajaj Finserv Homes & Loans.

Here you get a loan of up to Rs. 3.5 crore, affordable interest rate, tenor of up to 20 years and convenient repayment features like nil prepayment and foreclosure fees. If you feel you require additional finances, simply avail of the top-up loan facility and skip lengthy loan application procedures.

In addition to securing you financially, Bajaj Housing Finance Limited provides you with property search assistance and a property dossier so that you are up to speed with the all essentials like amenities, legalities and market dynamics about luxury properties like Lodha Palava.

So get started by checking your pre-approved loan offer. Use customised deals to expedite access to support and financing!