Expat Properties in Mumbai
Who is an expat? Basically, he/she is a person who works outside his/her country for certain period of time. From wanderlust to dreams to career opportunities for a better life, many people choose to become an expat. When they return back, finding an accommodation in the financial capital of India, i.e., Mumbai is a difficult job. They would find themselves immersed in the cutthroat competition in terms of buying a property. Purchasing a property in Mumbai is a pricey affair. Yet, if you are planning to settle down in the city, buying an expat property in Mumbai is your top priority.
As the rates of properties in the city are reaching skies, most of the expats end up buying a rental property. This gives them the option to find an accommodation closer to work with the opportunity to exit in case if they not satisfied with the locality.
Mumbai is a big city. Here you can find all types of accommodation facilities ranging from furnished, semi-furnished to unfurnished homes. You can choose a rental property as per your requirement and budget. There are also serviced apartments that are ideal for expats who come here for shorter assignments.
Finding a property to live in this populated city is a big challenge. To make the task easier, you can take help of a real estate consultant in Mumbai. These agents with their years of knowledge and experience will help you to find an expat property anywhere in the city. With their professional guidance, you can find an area wherein you can live peacefully and comfortably. Whatever might be your budget, the professionals work best to make you find an apartment at cost-effective rates without even compromising your living standard.
Tips To Find A Good Accommodation In Mumbai
· Know the location and geography of your workplace and decide to settle in area that is close to your office. Talk to your realtor about your requirement and find an accommodation from where you can commute easily.
· Ensure that the building has an occupation certificate
· Explore several properties. Take a look at the neighborhood, water supply, quality of the structure, features, amenities, quality of fittings and the surrounding social infrastructure.
· Discuss with the landlord about the payment mode. Discuss whether you have to make an annual rental payment with deposit. The deposit is usually returned by the owner as you vacate the house. Ensure that all the terms are discussed and agreed mutually. Make sure you enlist all clauses in the rental agreement.
Follow the aforesaid tips and with the support of a realtor, buy a good rental property to live in Mumbai. Along with exploring every detail of the apartment, it is important to hire the agent’s services carefully. This is because not all realtors are good. Hire one who can showcase their credentials and one who has years of experience in the related field. Purchasing a property in Mumbai is expensive, so explore well and then take a decision.