A quickly developing middle-class residential area of Mumbai, Central Mumbai should be your choice for buying a brand-new house. Why? The area is replete with all the facilities you are likely to need while living in a city and more. Here are a few reasons why buying a new house in Central Mumbai is an excellent choice.
- Plenty of Options to Choose From
A metropolitan city like Mumbai is never short of options when it comes to real estate. In the Central Mumbai localities of Kurla, Vidyavihar, Ghatkopar, Bhandup, Powai, etc., there are several apartments and houses available. Since these areas are still developing, new housing projects are being built here every day, and buyers have numerous options to choose from.
You can go a for cosy 2BHK flat or a spacious 3BHK apartment with world-class amenities. However, real estate in Mumbai is an expensive affair and may not be affordable on just your savings. If that is the case, opt immediately for a home loan. Check your home loan eligibility with different lenders both in and outside Mumbai and apply for a home loan online for quicker processing.
- Several Recreational or Tourist Spots Nearby
Living in a place from where you can easily visit a famous tourist spot of your city is extremely rewarding and something that almost all localities of Central Mumbai promise. If you purchase a house in Central Mumbai, you can take your family on the weekends to the Powai lake for an intimate picnic. It is a beautiful man-made lake that has become a popular tourist attraction in recent years.
You can buy a house in Powai with a home loan with affordable home loan interest rates. Check the home loan interest rates in India of different lenders before zeroing in on one. Other popular tourist spots in the region include the Siddhivinayak Temple and the Marine Drive.
- Shopping Centres and Malls in Proximity
Central Mumbai is home to several shopping malls from where you can buy almost anything. If you are planning to buy a new house, such proximity to shopping malls comes in handy since you can quickly run to the mall whenever you need to shop for home décor items or eat out.
Avail of easy home loans to get yourself your dream home near these shopping malls. However, before you press the Apply button for a home loan, use a home loan EMI calculator to accurately calculate the home loan interest and EMI payable for a house in Central Mumbai. Apply only if you can afford the particular lender, else start looking for a new one.
Due to its ever-developing nature and the presence of excellent public amenities and transport, Central Mumbai is one of the best places for real estate investment. With a home loan, buying your dream house in Central Mumbai becomes even easier. All you have to do is use a home loan calculator to check your affordability and read all documents clearly before applying. As soon as your loan is sanctioned, you can pack your bags and move to your favourite house in Central Mumbai.