Should I rent or buy a property in Mumbai?
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Mumbai Real Estate Calculator
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Finding a Home In Mumbai
If you plan to rent or buy a property in Mumbai, finding your property will be a major step in your relocation to Mumbai. If you have not lived in Mumbai, you should rent rather than buy your property in Mumbai, at least for six months. If you would like to rent or buy a real-estate property in Mumbai you may email us at webmaster@india-travel-guide.de with your real-estate questions.
It is the best way to know not only if Mumbai is the place you want to live or retire for the next few years, but also if Mumbai is suited for you.
Apartments & Houses in Mumbai
If you are planning on living in Mumbai, it is likely that you will be living in an apartment/condo versus a house.
Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.
Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Dont count on real-estate agents in Mumbai to point out the negatives of a place theyre trying to rent or sell you.
Mumbai Agencies
Real-estate agencies in Mumbai advertise in local Mumbai newspapers and as well on their office windows.
You should be able to notice a real estate agency in Mumbai by the window full of ads for the different apartments or houses they have available for rent or sell in Mumbai.
Before you begin working with an agency in Mumbai, check that their fees are acceptable and that they are a member of the Mumbai Real-estate Assocation. In most rental agreements in Mumbai most agencies charge a months rent for a twelve-month rental agreement.
When selling a property in Mumbai, real-estate agents in Mumbai usually charge between 2.5% and 3% of the final sales price.
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