Checklist for renting a flat in Mumbai, the hub of Bollywood

The city of Mumbai is the most populous metropolitan area in India. Do you want to know why this city is so populated? Firstly, it is the Bollywood hub of the country. All the major film stars reside in the city of Mumbai. So, there are many people who come from other parts of the country to make a living by being a part of the glorious Hindi film industry. There are also many foreigners who come to Mumbai in order to bag a job of back-up dancers in Bollywood films. In such a case, it is essential to find a place that is not only close to the famous production houses, but is also comfortable for their daily wants and needs. For this reason, I have chalked out a checklist that every visitor who comes to Mumbai must look up and ensure that these facilities are available.

Location:

Check the distance between the famous production houses and the house you have chosen. The reason is you might not be too keen on travelling for long hours every day. This is why there should be a fine balance between budget and location.

State of the house:

Before you purchase a flat, always ensure that you do a thorough check for any leakage, electrical problem, cracked window or plumbing issue. Irrespective of who hands over the house to you, ensure that it is in a proper condition. You obviously wouldn’t want a house that is full of problems, would you? So ensure you check it well before buying it.

Amenities:

Check and see if all the daily essentials that you need are near your house. Amenities like grocery stores, pharmacy, doctor, banks and so on, should be a stone’s throw away from your flat. Although everything is available on the internet, it’s obvious that it won’t be delivered to you within 5 minutes. If you have moved to Mumbai with kids, you would need parks, recreational centres, schools and open areas at comfortable spaces.

Other amenities:

Just because you are living on a tight budget, you should not stop enjoying. Look out for malls, entertainment hubs, bookstores, coffee shops, etc.

Electricity & Water:

There are many areas in Mumbai that face electricity and water issues, but luckily, luxury flats do not feel the pinch of electricity and water issues. 

Thus you see, properties in Juhu, Andheri and Goregoan are the safest bets for you to purchase a house if you are planning to struggle to be a part of the glamorous industry.

Buying a residential property in Mumbai is absolutely worth it, irrespective of which area you choose. Just ensure it provides all the amenities that one needs to live a relaxed life. 

Why Real Estate Developers Should Target Senior Citizens’ Market

Real estate is a precious commodity in a city like Mumbai. Given the lucrative nature of land in Mumbai, builders often have to face tough competition amongst themselves to get people to buy a flat in their project. Plenty of ideas are thought of and executed in order to get new investment. But while most of the focus falls on the younger and middle-aged population which earns, there is a section that they often tend to overlook; an untapped segment which, if focused on, could open up new avenues of investment. Well, I’m talking about the senior citizens. Thankfully, the real estate sector has realized this fact and is coming forward with schemes that best suit this category.

You may ask why they should be singled out. The simple answer to it is if this consumer segment is tapped into correctly, it could turn into the differentiating factor in major residential projects. Many real estate gurus are also of the opinion that it could emerge as a new real estate market altogether. Several non-profit organizations are also collaborating with reputed builders to focus on the design of homes of senior citizens. The numbers also back up the need for housing for senior citizens. As compared to 2012, India has seen a tremendous rise in the number of senior citizens. There were more than 100 million senior citizens that year, and the population is going to increase further in the years to come. Many experts are also of the opinion that there’s a huge gap in demand and supply in this segment.

The reason these homes could be lucrative is because more and more senior citizens are willing to invest their hard-earned income in property. As property is a sure-shot way of securing one’s future. It could also mean a steady source of income, in case they plan to rent it out. And what better way to do that than by investing in a residential property in Mumbai.

Another reason why people over the age of 58 are looking forward to properties is because they are willing to stay independently. A senior home provides all the amenities and peace that people of their age require. The design is such that they tend to have bigger doors and wider bathrooms. The switch points are at a lower height and other details are taken into consideration. Other than that, the senior homes also have other fabulous amenities like 24/7 security with CCTV cameras, parks, etc.

It is safe to say that people in the real estate industry will sooner or later realize the benefit of targeting this segment. With most of the people in the 40s thinking long term, the scene looks brighter going forward. 

The City Of Mumbai Makes Lives Better

It is very common to see several of the Mumbai projects developing in the several suburbs of Mumbai. Nowadays, a modern trend that people follow is, they first opt for the modern onsite amenities of the residential project. Due to this fact,the projects in Mumbai offer you modern amenities which are essential for your modern living style. So the amenity list such projects containincludes playground,high speed elevators, landscape design, world class entrance lobby, different sport courts amongst others. In addition, on the amenity list you can also get water body, rain water harvesting, swimming pool,club house facility and more. Moreover, on the list of the essential amenities of the projects in Mumbai you can get 24-hour power supply, water supply, multi-level security with CCTV, intercom facility and many others. In fact the new projects in Mumbai you can get all elements of modern living. At the new construction in Mumbai you can get different types of apartments with world class design such as bungalow pattern, penthouse, premium apartments and many others. Apartments of those new properties in Mumbai will be available at different size and with different modern decoration. In addition you can also get different apartments at different prices for properties in Mumbai.

Price of the real estate projects in Mumbai is the most attractive part of these projects. Actually, in those projects you can get different types of residential apartments at attractive prices only if you book the apartments soon.

Because of the completion of the Eastern Freeway and the Santacruz-Chembur Link Road and the Mumbai Metro that connects Ghatkopar to Andheri, it will be easier for Mumbaikars to commute to and fro to places between these areas. Due to these developments there has been a major demand for residential property in Mumbai.

The suburb of Powai is very well located in the city of Mumbai.Its easy connectivity to other parts of Mumbai makes it very easy for people like you and me to travel on a daily basis. If you are a person who has to make trips abroad on a regular basis, there is no need to worry. The International Airport is notvery far away from your locality and the added advantage is you will also beat the traffic even if you have to leave during peak hours.

As one can see, more than comfort and the availability of modern amenities, people prefer properties which are convenient from a travelling perspective, like being in close proximity to the airport or near the expressway in case you and your family feel like going on a trip. One such property in Powai that gives you this facility is Serenity by Jaycee Homes. It offers 1 and 2BHK apartments with amenities like a beautiful swimming pool, gymnasium, clubhouse and children play area which promise to keep you occupied on a lazy day. Such amenities would make any person invest in a property in Powai.

Ghatkopar: The New Name for Luxury Living

Looking for a house to buy? Today, buyers are no longer satisfied with just the basic amenities. They want more. With the growing number of jobs and the increasing economy, one thing has changed for sure – the standard of living. An average man is spending equally on fine dining and entertainment as much as he is spending on his utility bills. So, ‘luxury’ is the word and buyers are ready to spend impressive pennies to have just the right house that is not only their humbleabode but also the envy of the town.

Quite naturally, real estate giants are offering the best luxury properties that can cater to buyers’ needs for modern living. And resultantly, the regions that were never considered before are now top in the list of luxury properties in Mumbai.

No one ever thought that the lesser known suburbs of Mumbai like Ghatkopar would become consumers’ first choice when it comes to living life on the fast lane.

Earlier, buyers would flock to Bandra, Andheri or Worli areas of the city due to their prominenceand feasibility of connectivity with the rest of the city.Hardly would anyone think of Ghatkopar, Chembur or other such regions of Mumbai as buyer-friendly. This made the western belt more and more densely populated.

But, as soon as the idea of Mumbai Metro started translating into reality, the whole scenario was transformed. Vast expanses of land were bought by developers and investors, and residential and commercial projects came sprouting up on these lands. Ghatkopar is one such region. With tonnes of buyers routing towards this suburb to explore the property opportunities, it has been recently witnessed in some real exquisite projects of luxury properties in Mumbai.

Ghatkopar is now considered as a unique venture with loads of exciting opportunities at the most reasonable prices affordable by the common man.Real estate giants have already managed to have a strong foothold in the region. They are ready to offer envious elegant luxury properties in Ghatkopar west under the projects like Executive by Jaycee Homes, etc. making Ghatkopar a region with posh colonies.

From a bustling locality to easy-to-reach facilities centers, Ghatkopar has everything one can ask for. The connectivity of the region with other parts of the city is simplified as locales have easy accessibility to the Mono Rail, and to business areas such as BKC, Powai, etc.

With state-of-the-art clubs and gymnasiums, ample parking spaces, swimming pools, amphitheatres, etc. available at arm’s length, luxury properties have a new name and that is ‘Ghatkopar’.