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May 17, 2023
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Looking for Rental Flats in Mumbai Without Brokerage? Housing.com offers 802+ Flats for rent, 190+ Houses for rent, 120+ Builder Floor for rent. Search from 10733+ 2 BHK and 7116+ 1 BHK flats for rent in Mumbai with no brokerage. You can also choose from 179+ fully furnished flats & 374+ semi furnished owner flats for rent in Mumbai. ✓100% Verified Properties.Read more
7
Verified
₹45,000
agreement details
Project Name
Bholenath Residency
Furnishing
Semi Furnished
Build up area
850 sq.ft
Are you looking for an affordable Apartment for rent in Mumbai?. Here is a spacious 2 BHK Apartment in Chembur, promising a comfortable lifestyle. The Apartment is Semi Furnished. Built on floor 5 out of a total 7 floors, it is an ideal home providing beautiful views of the city’s skyline. This property is designed to suit your space needs and has 2 bedrooms and 2 bathroom. It also includes 3 balcony. Nestl...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
5.6
km away
Vivekanand High School
is
0.6
km away
more...
H
Hitesh
Owner
verified
6 days ago
7
₹40,000
agreement details
Project Name
alankar goregaon east
Furnishing
Unfurnished
Build up area
975 sq.ft
Here is an excellent 2 BHK Apartment available for rent in Mumbai. Surrounded by natural greens and equipped with numerous amenities, this rented 2 BHK house offers a comfortable lifestyle for families. It is a spacious property nestled in Goregaon East that enjoys good connectivity to major landmarks of the city. The Apartment is on the 2 floor. There is a total of 5 floors. The Apartment is designed as pe...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
7.2
km away
Mayur Nagar Bus Stop
is
0.6
km away
more...
SM
Shalini Mohite
Owner
Updated
7 days ago
9
Verified
₹40,000
agreement details
Project Name
srawasti housing coperative society Limited
Furnishing
Semi Furnished
Build up area
800 sq.ft
This is a well-designed 2 BHK Independent Floor available for rent. It is situated in a prime location of Mumbai at Jogeshwari West. This modern Independent Floor is Semi Furnished. The 2 BHK unit fulfills all the needs of a modern lifestyle for families. There is a total of 5 floors. This unit is on 4 floor. The Independent Floor provides complete comfort for the residents. The Independent Floor lets you e...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
6
km away
Pratap Nagar (Majas) Bus Station
is
0.9
km away
more...
S
Sks
Owner
Updated
3 weeks ago
6
₹52,000
agreement details
Project Name
Omkar Vive
Furnishing
Semi Furnished
Build up area
700 sq.ft
Brand new 1bhk flat available on rent at Omkar Vive for 1bhk which is located at Kurla west with the budget of 52000. and deposit of 300000. This is Semi furnished flat with the basic light fans fittings and modular kitchen. More About This Property Check out this Apartment available for rent in Kurla in Mumbai. It is a 1 BHK unit that comes at an affordable rent, with modern features and premium amenities...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
2.6
km away
Kurla Bus Station West
is
0.3
km away
more...
AA
Anupama Ambekar
Owner
Updated
4 days ago
35
₹95,000
agreement details
Project Name
Kanakia Paris
Furnishing
Semi Furnished
Build up area
1100 sq.ft
Brand new 2bhk flat is available for rent at Kanakia Paris which is located at Bandra east. It is Semi furnished flat with basic light fan fittings and modular kitchen. This also have better connectivity towards highways. This includes with the budget of 95000 rent and Deposit - 450000. This includes 1 car park. More About This Property A spacious home designed for families aspiring for a modern lifestyle,...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
2.9
km away
G.S. Colony
is
0.6
km away
more...
NS
Nikhil Shrivastav
Owner
Updated
4 days ago
24
Verified
₹1,10,000
agreement details
Furnishing
Fully Furnished
Build up area
1700 sq.ft
Bathrooms
4
Your search for a spacious home at affordable rent in Mumbai ends here. This 12 BHK Independent House in Malad East is all that you have been looking for! Designed as North facing, the unit is compliant with Vastu principles. The 12 BHK property offers a serene environment with excellent views of the city. This Independent House is equipped with the latest lifestyle amenities and all the conveniences at the...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
9.8
km away
Pathanwadi Bus Station
is
0.2
km away
more...
AP
ALOK PURKAYASTHA
Owner
Updated
5 weeks ago
18
₹36,000
agreement details
Project Name
Sai Baba Complex
Furnishing
Fully Furnished
Build up area
650 sq.ft
This Apartment can be a comfortable and affordable home for your family. It is a 1 BHK unit available on rent at Goregaon East in Mumbai. This Apartment comes with a plethora of amenities to meet your modern lifestyle needs. It is Fully Furnished. It is located on floor 3 of the building having a total 4 floors. Offering beautiful city views, this 1 BHK has been thoughtfully developed. It includes a total o...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
8.8
km away
Dindoshi Depot
is
0.8
km away
more...
YS
Yogesh Salvi
Owner
Updated
21 days ago
24
₹18,000
agreement details
Project Name
Vedant Apartment
Furnishing
Semi Furnished
Build up area
700 sq.ft
Here is an excellent 2 BHK Apartment available for rent in Mumbai. Surrounded by natural greens and equipped with numerous amenities, this rented 2 BHK house offers a comfortable lifestyle for families. It is a spacious property nestled in Mira Bhayandar that enjoys good connectivity to major landmarks of the city. The Apartment is on the 4 floor. There is a total of 7 floors. The Apartment is designed as p...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
20.7
km away
Mira Bhayandar
is
0.4
km away
more...
YD
Yogesh Dhumal
Owner
Updated
today
14
Zero brokerage
₹20,000
agreement details
Project Name
DB Ozone
Furnishing
Unfurnished
Build up area
885 sq.ft
Here is an excellent 2 BHK Apartment available for rent in Mumbai. Surrounded by natural greens and equipped with numerous amenities, this rented 2 BHK house offers a comfortable lifestyle for families. It is a spacious property nestled in Mira Bhayandar that enjoys good connectivity to major landmarks of the city. The Apartment is on the 11 floor. There is a total of 20 floors. The Apartment is designed as...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
19.2
km away
Golden Chemical / Thakur Mall
is
0.1
km away
more...
SV
Sanjay V Sharma
Owner
Updated
5 weeks ago
7
Zero brokerage ● Only one month security deposit ● Free deep cleaning service
₹18,000
agreement details
Furnishing
Fully Furnished
Build up area
350 sq.ft
Bathrooms
1
This Property is Available For Boys and male working professionals on Sharing basis in Four Bunglow. This property is very near to DN nagar & Versoa metro station. Transport is very easily available to Andheri station. AC , fridge, wifi , gas,beds , wardrobes are available. Bikes parking is available. More About This Property Your search for a spacious home at affordable rent in Mumbai ends here. The 1 BHK...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
5.5
km away
Indian Oil Nagar Bus Stop
is
0.3
km away
more...
AN
Allwin Nage
Owner
Updated
yesterday
60
Verified
₹1,14,400
agreement details
Project Name
Hiranandani Zen Atlantis
Furnishing
Fully Furnished
Build up area
1260 sq.ft
Fully Furnished House, Neighbour Hiranandani International School, Galleria, Haiko Sopping mall, Meluha The Fern Hotel etc. More About This Property If you are looking for a modern house on rent in Mumbai, this Apartment in Powai can be your perfect home. It is a 2 BHK Apartment designed to meet your space and lifestyle needs. The 2 BHK unit is Fully Furnished. This rented 2 BHK property is spacious and wel...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
5.6
km away
Hiranandani-Powai Bus Station
is
0.3
km away
more...
P
PRABHAKAR
Owner
Updated
6 weeks ago
13
₹8,500
agreement details
Project Name
Helloworld Foresta
Furnishing
Fully Furnished
Build up area
500 sq.ft
Helloworld Foresta. Fully Furnished Studio Rooms. Starting at 9000 triple Occupancy & Priavte Room at 25000. No Brokerage & 2 Months Deposit Only, Located at Mulund West, Mumbai. More About This Property This is a well-designed 1 BHK Apartment available for rent. It is situated in a prime location of Mumbai at Mulund West. This modern Apartment is Fully Furnished. The 1 BHK unit fulfills all the needs of a...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
12.6
km away
Shivram Society
is
0.1
km away
more...
N
Nagendra
Owner
Updated
9 days ago
9
New
₹32,000
agreement details
Project Name
Green Fields Society
Furnishing
Fully Furnished
Build up area
475 sq.ft
This is a well-designed 1 BHK Apartment available for rent. It is situated in a prime location of Mumbai at Andheri East. This modern Apartment is Fully Furnished. The 1 BHK unit fulfills all the needs of a modern lifestyle for families. There is a total of 4 floors. This unit is on 2 floor. The Apartment provides complete comfort for the residents. The Apartment lets you enjoy the lush greenery around. Met...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
3.1
km away
Marol Bus Depot
is
0.5
km away
more...
A
Amit
Owner
Updated
today
8
₹2,00,000
agreement details
Project Name
zig zag road
Furnishing
Semi Furnished
Build up area
1000 sq.ft
A spacious home designed for families aspiring for a modern lifestyle, this Apartment is available for affordable rent in Mumbai. It is a 2 BHK Apartment situated in Bandra West at a coveted location with well-developed infrastructure. This Apartment is a good example of a well-planned residential property with all new-age conveniences available for the residents. The unit is Semi Furnished. The 2 BHK prope...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
4.8
km away
Dr. B.R. Ambedkar Colony / 18th Road
is
0.8
km away
more...
MAIRA AHUJA
Owner
Updated
13 days ago
23
Verified
₹88,800
agreement details
Project Name
Dattani Shelter
Furnishing
Fully Furnished
Build up area
2200 sq.ft
This Apartment can be a comfortable and affordable home for your family. It is a 6 BHK unit available on rent at Goregaon West in Mumbai. This Apartment comes with a plethora of amenities to meet your modern lifestyle needs. It is Fully Furnished. It is located on floor 3 of the building having a total 12 floors. Offering beautiful city views, this 6 BHK has been thoughtfully developed. It includes a total ...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
7.9
km away
Dattaguru Devsthan
is
0.8
km away
more...
ND
Nikhil Durga Prasad
Owner
Updated
4 weeks ago
38
Zero brokerage ● Free deep cleaning service ● Free painting service
₹1,21,000
agreement details
Project Name
Mahindra Vivante Building Number 1 And 2
Furnishing
Fully Furnished
Build up area
2100 sq.ft
Your search for a spacious home at affordable rent in Mumbai ends here. This 3 BHK Apartment in Andheri East is all that you have been looking for! Designed as East facing, the unit is compliant with Vastu principles. The 3 BHK property offers a serene environment with excellent views of the city. This Apartment is equipped with the latest lifestyle amenities and all the conveniences at the doorstep. It is ...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
3.3
km away
Gundavali / Lions Club
is
0.3
km away
more...
P
Prateek
Owner
Updated
4 weeks ago
5
₹38,000
agreement details
Project Name
Aarti
Furnishing
Semi Furnished
Build up area
875 sq.ft
Check this beautiful 2 BHK Apartment available for rent in Mumbai. Nestled at a prime location in Ghatkopar West, it is an ideal home for those looking for a modern lifestyle. The Apartment is Semi Furnished, available for affordable rent. This 2 BHK unit is inside a gated society equipped with various amenities and ample greenery. The Apartment is thoughtfully designed to ensure a comfortable living. It in...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
5.1
km away
Shreyas Cinema Bus Stop
is
1
km away
more...
SP
Swati Parab
Owner
Updated
3 days ago
17
Verified
₹16,000
agreement details
Project Name
Shivalik
Furnishing
Semi Furnished
Build up area
588 sq.ft
This Apartment can be a comfortable and affordable home for your family. It is a 1 BHK unit available on rent at Mira Bhayandar in Mumbai. This Apartment comes with a plethora of amenities to meet your modern lifestyle needs. It is Semi Furnished. It is located on floor 1 of the building having a total 7 floors. Offering beautiful city views, this 1 BHK has been thoughtfully developed. It includes a total o...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
19.9
km away
Shrikrishna Garden Society
is
0.5
km away
more...
MV
Madhav Varma
Owner
verified
3 weeks ago
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Mumbai is the capital city of the state of Maharashtra. Known as the financial, commercial, and entertainment capital of the country, Mumbai is a bustling metropolis that attracts millions of people from all over the world. The city is situated on the west coast of India and is h... Read More
₹75,668Avg. Price per sq.ft
1.61%(Y-o-Y)
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10
₹40,000
agreement details
Project Name
DAMODAR PARK LBS MARG GHATKOPAR WEST NEAR RCITY MALL AND 10 MINS FROM GHATKOPAR STATION
Furnishing
Fully Furnished
Build up area
750 sq.ft
If you are looking for a modern house on rent in Mumbai, this Apartment in Ghatkopar West can be your perfect home. It is a 2 BHK Apartment designed to meet your space and lifestyle needs. The 2 BHK unit is Fully Furnished. This rented 2 BHK property is spacious and well-designed, with access to all the conveniences for any modern home seeker. It is located on floor 8 out of a total 20 floors . The Apartmen...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
4.1
km away
Ghatkopar Telephone Exchange
is
0.4
km away
more...
RK
Raj Khithani
Owner
Updated
4 days ago
14
₹42,000
agreement details
Project Name
Pushtikar
Furnishing
Fully Furnished
Build up area
800 sq.ft
This is a modern and stylish home available for affordable rent in Mumbai. It is a 2 BHK Apartment situated at Jogeshwari West. Designed to meet your lifestyle needs, the Apartment provides a range of modern amenities for the comfort of the residents. It is Fully Furnished. Modern home seekers will experience a comfortable living in this 2 BHK property. The Apartment is on 4 floor, and the total number of f...more
5
nearby places:
Chhatrapati Shivaji International Airport
is
6
km away
Pratap Nagar (Majas) Bus Station
is
0.8
km away
more...
S
Sks
Owner
Updated
3 weeks ago
FAQs
Why renting is better than buying in Mumbai? ›
Renting at places is also considered 50% cheaper than buying houses. Secondly, there is no stress of home loan in renting houses. Third, individuals can choose a location near their workplace.
Is it profitable to buy a flat in Mumbai? ›Buying a flat in Mumbai is one of the smartest investments you can make because Mumbai is the booming city of India, and its growth rate is very high and unstoppable. Only ensure that you choose the right developer and the correct location, essential for getting your ROI.
Why flats are expensive in Mumbai? ›“Cities with the worst infrastructure have the highest value of property,” said Dutt. “And the reason for that is, because the infrastructure is so poor, the buyer is willing to pay a premium to be closer to where they want to be. “Mumbai is a very good example of that,” he continued.
Which is the most expensive flat in Mumbai? ›The family members of industrialist and founder of Famy Care JP Taparia have bought a luxury triplex apartment worth ₹ 369 crore in South Mumbai's Malabar Hill. The sea-view apartment is said to be the most expensive in the country, reported The Economic Times citing sources.
Why the rich are renting instead of buying? ›RentCafe chalked it up to a matter of “comfort and smart investing.” Owning a home can come with more than its fair share of maintenance and costly repairs and upkeep. Then there's the flexibility renting offers one to move from city to city for career opportunities.
Is renting ever better than owning? ›If you're only going to live in a place for only a year or two, renting makes more sense. However, if you're going to stay there for three years or more, then buying would be a good idea and it becomes a better idea the longer you stay.
How much salary is enough to buy house in Mumbai? ›Average Salary to Buy a House in Mumbai
Since banking institutions offer up to 80% of the property, your salary should be at least 80% of the lowest available flat price. It means the average salary to buy a house is approximately 80% of Rs. 15 lakhs in the case of Mumbai.
The best places for real estate investment in Mumbai include Andheri, Panvel, Wadala, Chembur, Thane West, Virar, Khar, and many more. Let's have a look at these localities in detail and know why they are the top areas for investment.
What is the life of a flat in Mumbai? ›Most flats have a lifespan of 75-100 years and with proper maintenance, they can last longer. So, you don't really need to worry about a building older than 50 years. Coming back to profit, three factors come to my mind when it comes to selling an old flat.
Which floor is best to live in apartment in Mumbai? ›According to Vastu the ground, first, second and third floors are the best floors to live in because they are close to the water element.
Which facing flat is good in Mumbai? ›
East and North East side is usually favoured for the entrance of a flat. According to Vastu shastra, the presence of the entrance in such directions attracts positivity and good luck. Additionally, the South or West direction is not considered as a good sign for the entrance of a flat.
Where do rich people live in Mumbai? ›Malabar Hill, Juhu, Bandra West, Bandra Kurla Complex are the havens for the rich people and one of the best areas in Mumbai.
Which flat is 1500 crore in Mumbai? ›India's richest person and RIL Chairman Mukesh Ambani recently gifted a property worth Rs 1500 crore to his longtime employee Manoj Modi. The luxurios building is located in a posh area on Nepean Sea Road in Mumbai. The 22-storey building named 'Vrindavan' is spread over an area of 1.7 lakh square feet.
Which area is very costly in Mumbai? ›Also known as the financial capital of India, Mumbai has several posh areas that are home to some of the eminent personalities of the country. Malabar Hill, Cuffe Parade, Juhu, Bandra, and Worli are the most expensive localities in Mumbai, with property prices hovering at Rs 30,000-60,000 per sq ft.
Which is the richest Indian house in Mumbai? ›Antilia. Owned by Mukesh Ambani, the owner of Reliance Industries, Antilia is not just India's costliest house but also tops the list of the world's costliest houses. Situated in one of the most expensive roads in Mumbai, the Altamount Road, Antilia is a 568-foot skyscraper featuring 27 floors.
Why to rent and never buy? ›One of the major benefits of renting versus owning is that renters don't have to pay property taxes. Real estate taxes can be a hefty burden for homeowners and vary by county. In some areas, the costs associated with property taxes can amount to thousands of dollars each year.
Is it smart to buy instead of rent? ›Renting provides much more flexibility. However, if you have returned to the office, either full-time or partially, and assume you'll remain in your current job for a few years, then buying might be wiser. A common rule of thumb is if you plan to stay in the home for five to seven years, then buying is a good option.
Is owning less expensive than renting? ›The overall cost of homeownership tends to be higher than renting even if your mortgage payment is lower than the rent. Here are some expenses you'll be spending money on as a homeowner that you generally do not have to pay as a renter: Property taxes. Trash pickup (some landlords require renters to pay this)
What are 3 advantages of renting over owning? ›- Rent payments tend to be lower than a comparable house payment.
- Utility costs may be included in rental fee, creating additional savings.
- Relocation is easier.
- Maintenance and repairs are not your responsibility.
- Credit requirements are less strict.
The drawbacks of having rental properties include a lack of liquidity, the cost of upkeep, and the potential for difficult tenants and for the neighborhood's appeal to decline.
Is owning rental property stressful? ›
Make no mistake; there are a TON of positives to owning rental property. However, don't jump into the rental property game without seeing that there are negatives and it can get very stressful. People often overlook things like times of vacancy, tenants who don't pay rent, and maintenance issues.
Where do middle class live in Mumbai? ›What are the best places to live in Mumbai for a middle-class family? Mumbai offers quality living options like Chembur, Malad, Ghatkopar, Kandivali, Borivali, Dahisar, Dadar when it comes to a middle-class family Thane, Vasai, Vikhroli, Vashi, Sanpada, Jogeshwari, etc.
Is 25k enough to live in Mumbai? ›The average cost of living in Mumbai with rent primarily depends on your lifestyle. If you lead a simple lifestyle, it is possible to stay for ₹25,000 to ₹35,000 a month.
Is 12 LPA enough to live in Mumbai? ›If you have a lifestyle that is above the lower middle class then 12 LPA is good enough. There are firms offering 5-6 LPA and people survive on that. They don't live, they survive. 12 LPA is good enough to live.
Who owns most property in Mumbai? ›MUMBAI: The A H Wadia Trust, one of Mumbai's largest private landowners, has sold its 5.5-acre land parcel in Kole Kalyan, Andheri Taluka, for Rs 71 crore. The buyer is Global Eco Hotels, which is involved in hotels, camping sites and short-stay accommodations.
Is it wise to invest in property in Mumbai? ›Mumbai has been a center of high growth returns on real estate investments. Recent developments of malls, multiplexes, and commercial hubs have made Mumbai ideal for new investors.
Which is the highest property sold in Mumbai? ›Ratan Tata's House In Colaba
Ratan Tata, the chairman emeritus of Tata Sons owns a magnificiant bungalow in Mumbai's Colaba. The mansion, worth approximately Rs 150 crore, covers a mammoth 13,350 square feet across three stories and seven levels, as per Housing.com.
The NCDRC will issue a directive to the developer to secure the OC for you. OC is an essential document as it ensures the security of your investment. You must not accept possession without this document. As a buyer you must make sure that your builder gets all the necessary approvals before handing over the property.
What are the disadvantages of living in a flat? ›Lack of Privacy
The first drawback of living in a flat is no privacy. Flat consists of several floors, blocks, and units. One flat building can have hundreds of units, which means that one flat building can be occupied by hundreds of families — thousands of people.
On the other hand, the cons of living in Mumbai include its high cost of living, overcrowding, and air pollution. The city is also prone to monsoon flooding, which can cause significant damage to property and infrastructure.
Which apartment floor is safest? ›
Increased security
The top floor is the most secure out of all the levels. Thieves or other invaders will rarely make their way to the top of the building. If you're on the top, you can feel safe from people who might push into the building from the outside.
Vastu for apartments facing south are always considered to be bad, while East and North-East are the best directions to have the entrance, this is said to bring good luck and positivity. The main door to your apartment should be in the North-East direction of the North or East facing the wall.
Why are ground floor flats cheaper? ›Ground-floor flats tend to be more affordable than other types of housing. This is because they're usually smaller and don't require as much upkeep or maintenance. They're also often more accessible for people with mobility issues, making them a great choice for those who need extra support.
Which area is better in Mumbai? ›Juhu is one place every Indian is familiar with and the best area to live in in Mumbai. Very famous for its beach and street food, this place gets a lot of tourist attractions. Besides beaches, Juhu has many cute cafes, hangout places, and nightclubs.
Which side main door is best? ›The Perfect Main Door Direction As Per Vastu
The main door direction as per Vastu should always be to the northeast, north, east or west, as these directions are considered propitious. Avoid having the main entrance gate in southwest, south, northwest (north side) or southeast directions.
The best direction for constructing a bathroom as per vastu is in the north-west section of the home as it supports the elimination of waste.
Where do most foreigners live in Mumbai? ›Bandra West
Known as the Queen of Suburbs, Bandra is a popular home for expats as well as Bollywood stars. It is widely accepted as one of the most cosmopolitan areas of the city that is as sophisticated as it is trendy.
With over 25 lakh Muslims in the city, every fifth Mumbaikar is from this minority community. Nagpada, Byculla, Mazgaon, Mahim, Bharat Nagar, Behrampada, Jogeshwari, Millat Nagar, Kurla, Sonapur-Bhandup, Govandi, Cheeta Camp, and Kidwai Nagar (Wadala East) are areas that have a high concentration of Muslim population.
Which is the cheapest place to live in Mumbai? ›- Borivali.
- Ghatkopar.
- Vikhroli.
- Kandivali.
- Malad.
- Kurla.
- Chembur.
- Powai.
There are over 1.1 lakh unsold apartments in Greater Mumbai worth a jaw-dropping Rs 2.6 lakh crore (roughly $36 billion).
Is it good to buy top floor flat Mumbai? ›
If you like to frequently visit the clubhouse, swimming pool, park etc., you should go for a lower floor. On the other hand, if you prefer open space, sunlight, surrounding views, and a more isolated feel, you should go for the top floor. If you have elderly people at home, you should go for a lower-floor house.
How many unsold flats are there in Mumbai? ›In Maharashtra's two biggest property markets, Mumbai has 2,72,960 unsold housing units with inventory overhang of 33 months.
Where do most billionaires live in Mumbai? ›The chairman of Reliance Industries lives in one of the world's largest and most expensive private residences – Antilia – in South Mumbai. Other billionaires who reside in the city of dreams include Kumar Mangalam Birla, Dilip Shanghvi and Uday Kotak.
Why South Mumbai is so expensive? ›South Mumbai is a highly sought-after area, with many buyers looking to buy property. This has resulted in high demand for real estate, which has increased prices. The second factor is the limited availability of land in the area. South Mumbai is densely populated, and there is limited scope for new construction.
Why is Mumbai so expensive? ›It is one of the most developed cities in India and is also the financial capital of the country. With the growing population annually, this city has an increasing demand in every available sector, which makes the Mumbai cost of living more expensive.
Where do Indian billionaires live? ›Mumbai is the financial capital of India and is also home to the maximum number of wealth creators of the country with over 280 of the richest Indians residing in the city that is also known as the 'City of Dreams'.
What is the highest flat rate in Mumbai? ›In Mumbai, a penthouse has been sold for Rs 240 crore. The apartment complex is situated in the Worli area. Welson group chairman BK Goenka has bought the flat at the whopping price. The name of the twin towers is Three Sixty West.
Who owns the biggest house in India? ›The most expensive house in India is Antilia, a 27-story skyscraper located in Mumbai. It is owned by business tycoon Mukesh Ambani and is valued at over 12000 Crores.
Should we buy or rent a house in Mumbai? ›If you are looking for a property in a prime location, you may find that buying is a better option, as it would allow you to own a piece of prime real estate in the city. However, if you are looking for a property in an area with high rental demand, you may find that renting is more affordable and convenient.
Why renting house is better than buying in India? ›Advantages of renting a house:
Renting relieves one of the burdens of EMI fees, property taxes, and other legal problems that come with owning a home. 2. Renting gives the impression of less responsibility. In metro cities, a house worth Rs 50 lakh can be rented for just Rs 10,000-15,000 per month.
Is it better to rent than to buy a house in India? ›
In conclusion
The opportunity cost of buying a home is much higher than renting one. However, if you are at a stage where you are stable in life and with your finances, this can be the correct next step for you.
Apartments are the most popular type of property across cities in India because of reasons like contemporary looks, modern-day amenities, in-house maintenance services and better security. Apartments are a good choice for self use, renting as well as for investment purposes.
How much should I spend on rent in Mumbai? ›The average rent for a 650 sq ft apartment in Mumbai is ₹38,200, while the rent for a similar-sized apartment in Hyderabad is just ₹11,000. The median rent across the six largest metro cities is ₹15,600, according to a Mint analysis of rental housing data.
Is enough salary to live in Mumbai? ›What is the minimum salary needed to live comfortably in Mumbai? Depending upon your lifestyle and standard of living, the average monthly salary for living a comfortable life is INR 60,000.
Is Mumbai too expensive to live? ›It is among the costliest metropolises in the country. The living cost here is higher compared to other major cities like Bangalore, Pune, and Delhi. Well, after all, it is one of the best places to live in India.
Should I sell my flat or rent it out in India? ›There are advantages and disadvantages to both solutions, so the choice shouldn't be made lightly. Selling your home, for instance, can net you money right away, but renting will enable you to increase your equity as property values rise and generate income from your tenants.
Is it smarter to buy or rent? ›Buying a house gives you ownership, privacy and home equity, but the expensive repairs, taxes, interest and insurance can really get you. Renting a home or apartment is lower maintenance and gives you more flexibility to move. But you may have to deal with rent increases, loud neighbors or a grumpy landlord.
Which city is best for rental property in India? ›- Mumbai: ...
- Thane: ...
- Chennai: ...
- Bangalore: ...
- Hyderabad: ...
- Noida: ...
- Kolkata: Kolkata has become the most economical real estate investment location because of the expansion of infrastructural facilities around the city. ...
- Ahmedabad :
The Ideal Age (30 - 35)
Furthermore, the salary at this stage would be higher than at an earlier age, and the individual could get a good deal on a bank loan for 20-25 years.
Financial experts say, you should spend just about 30% of your salary in rent and utility expenses. Therefore, going by that logic, if you earn Rs. 50000, you should spend Rs. 15000 barely.
How many rupees is average rent in India? ›
The room rent in the best areas varies from INR 7000 to 15000 per month. Landlords are often flexible as far as the number of occupants is concerned.
Which floor is best in apartment India? ›The upper floors are also known to get better ventilation, fresh air and more exposure to sunlight compared to the lower floors. Natural sunlight will always keep your apartment bright and during winter it will keep it warm.
Which floor is best to live in high rise apartment in India? ›If you are buying a property for an investment purpose, the ground floor is the best floor in high rise building for you. People, especially in Mumbai and Bengaluru, prefer upper floors, while buyers in the Delhi-National Capital Region (NCR) and Chennai prefer ground floors.
What is the life of an apartment flat in India? ›Any concrete structure should have an ideal lifespan of 75 to 100 years. However, it is believed that a flat has an average lifespan of 50–60 years compared to a house's 40 years. It is also related to apartment life in Chennai.