Mumbai is the financial capital of India. Lakhs of people migrate to Mumbai every year in search of work. But finding the perfect home in this ‘city of dreams’ remains a pipe dream for many. This city offers a cosmopolitan and diverse life. Some people enjoy the bustling aura of this city, and some want to escape this turbulence. Many residential real estate developments offer new flats for sale in Mumbai for both the categories of people mentioned above.
If you want to live a life in solace away from the turbulence of this city, then Shilphata can be ‘the one’ for you. Shilphata is an evolving locality in the outskirts of Mumbai with plenty of commercial junctions. Provident’s Housing projects at Shilphata are designed to suit all your needs and provide you with world-class amenities.
Making new home-buying decisions effortless
Purchasing a property is a complex procedure, and one small mistake can cost you a lot. Buying a house is the top life goal of everyone, so take down the following aspects that can make your decision a wise one.
- HAVE PLENTY OF OPTIONS
It is crucial to keep your options wide open. The recurring fear of losing a good offer is common, and people tend to make hasty decisions and regret them later on. Research is the only way to cope with this dilemma. There are a lot of new flats for sale in Mumbai, take your time searching for properties that suit your budget and location. The real estate industry is vast, so relax! There is always an option.
- UNDER-CONSTRUCTION OR READY-TO-MOVE??
Some people only look for ready-to-move properties for several reasons. However, options increase in the case of under-construction properties as compared to ready units. In the case of Shilphata, it has many ongoing projects, and the options are always better in terms of space, location, and amenities. One has to wait for the construction to complete, which is a drawback. But under-construction projects are usually affordable, and that outweighs any drawback.
- PROPERTIES ON NO-CONSTRUCTION BUFFER ZONE
Ensure that the seller has all the regulatory clearances when investing in a project near the lake bed. Additionally, it is crucial to follow all the norms set by the National Green Tribunal (NGT). The development authorities can demolish properties encroaching on lake beds and stormwater drains. Be cautious of significant discounts offered on such properties.
- THE LEGAL ASPECT
It is essential and prudent to get a legal verification of all the documents before investing in a property. Some of the papers are Sale Deed, Building Approval Plan, Commencement Certificate for Under-construction Property, Conversion Certificate (agricultural to non-agricultural land), Occupancy Certificate For A Constructed Property, Completion Certificate for a constructed property and others.
Conclusion
Buying a house is not an easy job, and it’s a complicated procedure, especially in Mumbai, where finding a credible developer is challenging. The fact that property prices are skyrocketing in metropolitan areas is not new, but new flats for sale in Mumbai have a diverse price range. It’s enough to satisfy your quest for a home. Fulfil your dream of buying a house with Provident Housing.
