The Right Time To Invest in Mumbai’s Real Estate Has Come

Property investors strongly feel that investing in a property in Mumbai is a good decision for life. Irrespective of the location you will be able to earn high capital gains by investing in property in here. High-end buyers can invest in locales like Colaba, Cuffe Parade and Nepean Sea Road. But with the shortage of land in south and north Mumbai, the city is growing towards the north in suburban locations too. There are plenty of new properties in Mumbai which offer the best in class living. This makes these localities a favoured investment choice. \

Most new projects are high-rise and residential towers comprising plenty of dwelling units with varying facilities. On account of enormous pressure for providing housing for its residents and the migrants, government is going one step further to increase the supply of flats for sale in Mumbai. As a result of massive urbanization in the suburbs, Mumbai is predicted to see quite high demand for residential space. The market of Mumbai offers high investment returns to the investors including property investors. This is actually the core reason why Mumbai is exerting a pull-on investor throughout the India and world alike. Property investors do have adequate incentives to invest in the Mumbai real estate market.

While 2017 was a year of legal amendments in the property sector, 2018 will be the year of reaping the benefits of the amendments. The implementation of GST, RERA and the demonetization drive has made real estate friendly and transparent for buyers. The confusion and lack of clarity were palpable till the end of 2017; the beginning of 2018 promises clarity and a hope for genuine buyers: increased transparency and lower home loan interest rates. All this makes 2018 the ideal year to invest in real estate. A good chunk of the earning population invests their money in real estate projects – either for personal use or investment purposes. The buyers who were sitting on the side-lines waiting for the opportune moment to invest are now ready to make their move.

While majority of your price on the property can be funded with home loans, the buyer still needs to invest a certain amount of fund from one’s end for the booking amount. Buyers should invest a monthly amount in lucrative investment schemes. Over the years, the principle amount increases, and the returns can be reaped by the investor. The amount received at the end of this investment can be used a booking amount by home-buyers. Some buyers invest more than the minimum booking amount as down payment which reduces their loan amount and thereby the value of EMI.

With proper planning and knowledge, he can make the process relatively easy. With the migration to major cities in increasing on an exponential percentage, investing in real estate is the best and safest method for long-term returns.