India's financial capital Mumbai, is one of the most densely populated cities in the world, As we all know real estate property in Mumbai is very expensive, and nowadays its become very tough for any middle class family to buy a home in city like mumbai, Actually buying a house in Mumbai is so cruel a joke on the common man.
People should not be so crazy about buying a house in Mumbai, just think is it really worth buying a 1BHK flat in mumbai for 50L Rs.? where any common person will end up taking loan of 40L, that means EMI will be in between 40K to 45K per month, in short one selling off all his happiness of life just to buy a home in Mumbai.
But, one has no choice, has to have a own home, that's also true, So here are few useful information that may help in buying a 1BHK, 2BHK Flats in reasonable price in Mumbai, one should not go for any property where it will take more than a year time to get the key in hand, in many such cases builder take 2, 3 years to complete the work, and there is no certainty what all other clauses will come up before buyer gets the key in hand
Western Sub in Mumbai
Mira Bhayander Road : 1 hour drive by road from Andheri MIDIC, 30-40 minutes from Malad Mind Space ( where many IT Companies are ), 1 BHK will cost 40L to 50L in good building, in some places there are 1BHK flats within 25L to 30L also, may be little inside, but considering in mira bhayander new construction are very well planned, roads are very nice, and everything you get within 1KM range, so its not a bad idea going little inside
Navi Mumbai : Navi mumbai another good location to buy new home, though the price is higer side, but still there are some areas where one can buy a good 1BHK, 2BHK within reasonable price range 25L to 46L