Need Help

@MrKool_JJ

appx cost or rent details - olx, magicbricks can help

caks2006407 wrote:
appx cost or rent details - olx, magicbricks can help

Olx for flat rental? 

Magicbricks showing un realistic rent of 2 bhk @ 65k to 75k.

guest_999 wrote:

@MrKool_JJ

Are you trying to purchase a flat or looking for a flat on rent?

MrKool_JJ wrote:
Are you trying to purchase a flat or looking for a flat on rent?

Op says he is looking at both options.

Need a 2BHK/ 3BHK flat at Mumbai between Dahisar to Malad. Preferably East.Whats rent shall i expect and what would be appx cost if i plan to purchase.

guest_999 wrote:
Op says he is looking at both options.

Need a 2BHK/ 3BHK flat at Mumbai between Dahisar to Malad. Preferably East.Whats rent shall i expect and what would be appx cost if i plan to purchase.

Atleast 1.5cr for 2BHK (depends on how you negotiate and the builder)
Rent around dahisar and malad should min 25k (again depends on the locality, other factors like metro stn etc etc)
Few projects i've seen heard of are aurus serenity (This is expensive for sure ), romell group, marina enclave, Raheja group. AVOID LODHA AT ALL COSTS and few more which i don't recollect now

Always check for MAHARERA registration status, their actual project plan (650 sq feet atleast for a spacious 2BHK config),hidden charges etc etc...

Any specific you're looking for options only in this stretch?
If you've a specific budget in mind you'll be available to sort out more options coz it's MUMBAI every single locality has it's own berserk rate chart haha...

Hope this helps. TIA

MrKool_JJ wrote:
Atleast 1.5cr for 2BHK (depends on how you negotiate and the builder)
Rent around dahisar and malad should min 25k (again depends on the locality, other factors like metro stn etc etc)
Few projects i've seen heard of are aurus serenity (This is expensive for sure ), romell group, marina enclave, Raheja group. AVOID LODHA AT ALL COSTS and few more which i don't recollect now

Always check for MAHARERA registration status, their actual project plan (650 sq feet atleast for a spacious 2BHK config),hidden charges etc etc...

Any specific you're looking for options only in this stretch?
If you've a specific budget in mind you'll be available to sort out more options coz it's MUMBAI every single locality has it's own berserk rate chart haha...

Hope this helps. TIA

Thanks for the information,

My office is at Andheri, chakala. So Western express Highway is preferred.

Don't want to go beyond Dahisar.

Budget is appx 1.50 to 1.60 but initially want to get on rent. If get settled will plan for buying.

Hotsoup wrote:
Thanks for the information,

My office is at Andheri, chakala. So Western express Highway is preferred.

Don't want to go beyond Dahisar.

Budget is appx 1.50 to 1.60 but initially want to get on rent. If get settled will plan for buying.

Got it. Here in Mumbai everything boils down to the locality and then the builder so choose accordingly. All the best.

You seem to be casually mentioning both (outright versus rental).

.

Anything within 900-1500 metres of a metro station or railway station in a gated community, with 24×7 water and multiple lifts (large building) in Malad area would be at-least ₹194000 per square metre (≈ ₹18000/ square feet) in Malad West at-least.. for purchasing.

.

Remember, I said at 'least'.

.

So that pegs even resale apartments in the zone of 1.4-1.5 Crores, for the type (and location) of property we stated above.

.

Malad has become a self sustained hub, so it is a no brainer that housing in that area would not be cheap.

.

Even in non western-line suburbs, for example New Bombay upto Belapur.

Similar, closer to the station properties in the vicinity of 850-900 carpet,

for resale also.. fetch 1.2-1.25 crore.

.

.

Anything that is 10-12 years old and if one is personally looking forward to stay in Bombay/suburbs or even invest..

..we feel, is a sweet spot.

.

Because usually the municipal authorities approve redevelopment of 15 year old structures, the prices again come up as the property approaches 15 years.

And the smart societies do not even handover to a builder, but themselves manage the razing and rebuilding (via contractors) and even use excess FSI for added advantage.

.

.

We feel (and it is just an opinion), unless dead certain to commit to the metropolis for a decade or so, there is little to no benefit in committing oneself to outright purchase.

(Posh or even reasonably well maintained societies have rather steep maintenance charges. Property tax rates, registration rates are amongst the highest, if not the highest, in the country.. for BMC and suburbs.)

Hotsoup wrote:
My office is at Andheri, chakala. So Western express Highway is preferred.

If get settled will plan for buying

Like you mentioned, without job security and surety of getting to stay in Bombay..

.. it seems a bit too much to either rotate funds from another property sale, savings or commit to loan repayment for decade or two.

.

.

Chakala, the one closer to Jari-Mari?

.

Even moving towards Kurla area is an option then.

But then there are snooty/choosy people or others too (like yourselves) who look down upon anything that ia not connected to or on the western express highway.

.

Then so be it!

.

.

Chakala means one would anyway have to face road traffic jams.. unless future metro connectivity is super smooth.

Thus adding another 8-10 kilometres to travel ia not really that big a deal (i'm case one moves further away from chakala and/or adds another 35 minutes to one way commute.)

.

.

Even in Andheri.. older buildings or smaller (G + 5/6) properties (if any still left) would have economical rentals, depending on need of landlord.

.

And yes, if staying in Bombay for many years or ready to commit to long term funds blocked/invested in property..

..snapping (buying) any property anout to become eligible for redevelopment within 2-3 years.. is a mini goldmine.

(In so far as we know, in Bombay they allow redevelopment after 15 years or so of initial possession. Building is razed and new building is built. Often smart builders or society itself manages extra FSI or purchases extra FSI and the pro-rata benefit to the owners of the older property shoots up by 20-22% on an average.)

2bhk rent - 25k-30k, 3bhk rent - 35k-40k

purchase price range will vary due to 2 reasons 1) older buildings without amenities are priced lower 2) new buildings with amenities will be priced more

purchase price range would be 18k to 30k per square feet in the areas suggested

vaastavik wrote:

You seem to be casually mentioning both (outright versus rental).

.

Anything within 900-1500 metres of a metro station or railway station in a gated community, with 24×7 water and multiple lifts (large building) in Malad area would be at-least ₹194000 per square metre (≈ ₹18000/ square feet) in Malad West at-least.. for purchasing.

.

Remember, I said at 'least'.

.

So that pegs even resale apartments in the zone of 1.4-1.5 Crores, for the type (and location) of property we stated above.

.

Malad has become a self sustained hub, so it is a no brainer that housing in that area would not be cheap.

.

Even in non western-line suburbs, for example New Bombay upto Belapur.

Similar, closer to the station properties in the vicinity of 850-900 carpet,

for resale also.. fetch 1.2-1.25 crore.

.

.

Anything that is 10-12 years old and if one is personally looking forward to stay in Bombay/suburbs or even invest..

..we feel, is a sweet spot.

.

Because usually the municipal authorities approve redevelopment of 15 year old structures, the prices again come up as the property approaches 15 years.

And the smart societies do not even handover to a builder, but themselves manage the razing and rebuilding (via contractors) and even use excess FSI for added advantage.

.

.

We feel (and it is just an opinion), unless dead certain to commit to the metropolis for a decade or so, there is little to no benefit in committing oneself to outright purchase.

(Posh or even reasonably well maintained societies have rather steep maintenance charges. Property tax rates, registration rates are amongst the highest, if not the highest, in the country.. for BMC and suburbs.)

Ok, brother. Will take in mind.

Today i have just checked in Kandivali East, rent for 2 bhk is appx 35-40k with 700-800 carpet and 30-35k for 550-650 carpet

Will visit borivali tomorrow

vaastavik wrote:

Like you mentioned, without job security and surety of getting to stay in Bombay..

.. it seems a bit too much to either rotate funds from another property sale, savings or commit to loan repayment for decade or two.

.

.

Chakala, the one closer to Jari-Mari?

.

Even moving towards Kurla area is an option then.

But then there are snooty/choosy people or others too (like yourselves) who look down upon anything that ia not connected to or on the western express highway.

.

Then so be it!

.

.

Chakala means one would anyway have to face road traffic jams.. unless future metro connectivity is super smooth.

Thus adding another 8-10 kilometres to travel ia not really that big a deal (i'm case one moves further away from chakala and/or adds another 35 minutes to one way commute.)

.

.

Even in Andheri.. older buildings or smaller (G + 5/6) properties (if any still left) would have economical rentals, depending on need of landlord.

.

And yes, if staying in Bombay for many years or ready to commit to long term funds blocked/invested in property..

..snapping (buying) any property anout to become eligible for redevelopment within 2-3 years.. is a mini goldmine.

(In so far as we know, in Bombay they allow redevelopment after 15 years or so of initial possession. Building is razed and new building is built. Often smart builders or society itself manages extra FSI or purchases extra FSI and the pro-rata benefit to the owners of the older property shoots up by 20-22% on an average.)

Ok brother, will consider your suggestion for kurla and andheri. But on first site i see kurla and andheri as industrial area and so too much traffic. While Dahisar to Malad is moderate traffic area.

Hotsoup wrote:
Ok brother, will consider your suggestion for kurla and andheri. But on first site i see kurla and andheri as industrial area and so too much traffic. While Dahisar to Malad is moderate traffic area.

I do not exactly know how it is now, but there were times.. when just average torrential rains in a day or two ensured the water logging of areas like the famous 'Milan subway' and that was the end of any sane traffic movement anywhere in that area.

.

.

Kurla does have a lot of MSME industrial activity.. but it is avoided by people due to the image of being down market area or having to live in areaof people from not so well off socio-economic background.

.

About Borivali-Kandivali.. 

Back when my father stayed in Kalyan for few years and travelled to town daily..

.. in that era.. people would look down upon those from Borivali Kandiwali aa having come from Mars Jupiter.

.

Today.. (for whatever reasons, mainly being preferred destination for Kutchi Gujju business families to stay in) the same Borivali area is as precious as Aputh Bombay or Bandra main road.

.

.

Depending on whether you would have parents visiting you and ir you yourselves are married.. Chembur to Chakala commute too may nor be 'that' long.. considering Chembur may gave 'slightly' less polutuon and better open spaces.. quality of life.

.

But if western line it has to be and close proximity is top priority... then depending on income.. a large chunk of it can go into rentals.

(If more than one earning member or multiple steady sources of income then it is not a biggie to shell out even 40-45000 rent).