Limited space, skyrocketing prices, and crumbling infrastructure have meant that Mumbai has very few locations that can meet the necessities of modern middle-class home buyers. In a busy environment like this, Thane, India is a location that offers an economical retreat to those searching for a home in the city. Being a newly developed region, Thane, India is well planned with all modern infrastructure to cater to a suitable lifestyle, hence making it a perfect choice for new age salaried class. With complete connectivity quality housing development and world-class malls, Thane’s change to a lawful, vivacious city has been fast.
NRIs increasingly are looking for flats such as 1 BHK in Mira Road these days, because of the innumerable benefits that this place offers:
The Mumbai Metro Line 4 from Wadala to Kasarvadavli in Thane is set to link Thane to other parts of the city. If you own a flat in Thane, then you are linked to the whole of Mumbai.
Thane has numerous wards. This assists in managing the city in a better way.
The roads in Thane are extensive and there is less blocking in the city. Also, they are maintained well and thus are clean.
Thane has been a top city for numerous real estate developers in Mumbai. Big names in the real estate market have their projects in Thane.
Apartments in Thane are more in requirement now that there is commercial growth there. Areas such as Godhbunder Road, Wagle Estate, Kapurbawadi, etc. are experiencing a rise in commercial properties.
Things to consider before buying a 1 BHK in Mira Road:
Thane is now considered to be one of the top places to invest in Mumbai primarily due to the connectivity developments in this city. Thane is blessed with outstanding connectivity to significant parts of Mumbai and the progress in physical and civic infrastructure is rising the demand for housing in this metropolis. With several business zones, IT parks, and shopping complexes coming up in Thane, there are a some new residential ventures which are capitalizing on the double variables of nearby trade and business development, social framework, and evidently, higher employment chances and gaps in the area. This, together with the right advancement foundation work, and other optimistic approaches of the government, has dragged in some well-known realty developers as to creating endeavors in Thane.
Mentioned below are some of the things to consider before buying an apartment in Thane:
Location is of greatest significance, you should look around the area carefully where you are going to live ultimately. The property you are planning to invest in should be in a protected place, providing proper security to family members, all contemporary amenities and proper physical infrastructure. These factors are essential to be considered which will assist you to live a peaceful life in the future. You should not forget to check for basic facilities such as hospitals, grocery stores, schools, and public transport.
Different expenditures can come out anytime that cannot be anticipated toward the starting of the transaction. For example, the builders can make added charges for changing their records when another individual joins or leaves a property, and for an organization operating costs to give data, you will need to get a home loan. This can comprise a few more hundred rupees to the expenditure of moving, so it merits planning for well beforehand.
After checking out a little of the favored apartments that you have shortlisted, check each property correctly. Ensure your apartment is close to shops, hospitals, and schools. Consider the amount of traffic close to the building and check for the amount of noise too. If there is a lot of sounds, it will not be a great idea to invest in such properties. Authenticate all the amenities and security measures offered by the builder. There should be several facilities for your parents, children and other family members.
Most of the people are unaware of the maintenance charges while purchasing an apartment in Thane. There are maintenance fees such as elevator charges, property tax, municipal tax, water charges, electricity charges, and charges for staff members of the housing, which apply to each resident of that house. Another question that comes up while thinking about this aspect is whether you own a vehicle? Then additional facilities and parking charges for your vehicle are also added. Ask your builder how many parking slots he has assigned to each flat. It is always better to simplify such questions well beforehand.
Before you confirm upon the property such as a 2 BHK flat in Mumbai or Thane which you want to invest in, investigate the market to ensure you are investing your money in the correct place. Speak to different real estate agents and also ask people around about the recent sales in the area. Do not just totally depend on what real estate agents tell you. Always be sure that the money you are placing in will be imitated in the building you purchase.
As an investor/buyer, it is your liability to check the history of the builder or developer. By visiting recent buildings created by the same builder, you can get an idea about the person’s position in the market to make your mind up upon the standard followed by the builder.Usually, all smart developers maintain their total profile in some kind of brochure or magazine. Additionally, by checking the history you will build a prediction that whether or not the builder can offer the flat on safe possession date or not.
It is advisable to purchase your dream home safely considering all these points mentioned above cautiously.
Whether you are looking for a 2 BHK flat in Mumbai or a house on Thane, you can rely on the leading real estate search portal, which is housing.com. Here, you can find several flats according to your budget and choice.
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About the Author
Khushi Tyagi Joined: January 31st, 2020 Articles Posted: 3
