Advice to Buyers of Mumbai Real Estate
Mumbai – An Expensive RE market
Mumbai is such a great place to live – people from all over the globe want to move here. But it’s also a very distinctly costly Real estate market with its own pricing quirks, local tax considerations. Whether you’re moving to this Metropolis, or investing in real estate or transferring here for work, the best asset you can have is a Mumbai Realtor who can help you safely navigate the entire process from start to finish.
Market knowledge
One of the best things I and my team offer my clients is a deep knowledge of the market. We’ve been buying and selling properties in Mumbai for since 1995, and have come to know all the nitigrities here – Flats, single-family homes, rental properties, commercial properties, vacant land, society redevelopment – through my own experiences and our clients’ transactions.
A system for success
We’ve developed and refined a system that will move you smoothly through the process of property search, offers, negotiate, finalise, purchase and ownership. We’ll start by shopping for both a property and a mortgage loan if required. When we find the right property, we’ll work with the seller through offers and counter offers until we negotiate an acceptable agreement. Then we’ll help you through all the escrow steps – inspections, appraisals, title, surveys, transfer, and loan approval – until closing day arrives and you move in!
Enjoying the process
When we work together, We are involved at every step, from “Hi, Mumbai Realtors!” to “Here are the keys – enjoy!” Finding a real estate together is a journey, and my teams work is really about relationships, not buildings. We’ll be there for you through every question and detail, and we won’t stop working for you until we’ve found the place that truly speaks to you. I also have a network of trusted employees, Network brokers, and colleagues who customize, repair, improve and maintain properties – We’ll make sure your needs are taken care of well beyond finding and buying a property.
Financing options and tax advice
Getting the right financing and understanding tax issues are both key important factors to a successful buying experience. If you have a financial professional, we’ll work with him or her to ensure a speedy and efficient process. If you’d like to work with someone in Mumbai, we can recommend two mortgage professionals, Mohanty and Dilip. We’ve worked with these gentlemen many times, and they are adept at finding the perfect financing for your situation.
In addition, buying real estate can have a high impact on your income tax situation. If you need any help with these issues, we highly recommend Vijay Khandelwal. CA, for professional tax advice. For investors considering a pre leased property, we recommend Realtors Network Professional realtor to help you with maximum ROI.
New construction and Investments
There are specific issues you should consider if you’re thinking of either buying a property in a new development or as an investment. If you’re interested in buying a brand-new house, Click here.  And if you’re interested in buying a Mumbai property as an investment rather than a full-time residence, I have specialized experience in this area. Click here to find out more.
Mumbai Realtor’s Inside Tip for Buyers
When you’re buying real estate in Mumbai, it’s important to know and respect Mumbai’s local culture. It’s a Metro with a mix of different caste and creed living in the Metropolis. There’s a strong Asian influence of politeness in Mumbai, and that can be confusing to outsiders. Aggressive negotiations are usually not the way to go here – I’ll help you get your best deal in a way that doesn’t offend anyone.
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