Here's why investing in property in Mumbai is a good option. - PowerPoint PPT Presentation

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Here's why investing in property in Mumbai is a good option.

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Property investment is the oldest form of investment. It is done with a lot of financial planning by the property investors as well the property buyers. – PowerPoint PPT presentation

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Title: Here's why investing in property in Mumbai is a good option.


1
Here's why Investing in Property in Mumbai is a
good option
2
  • Property investment is the oldest form of
    investment.
  • It is done with a lot of financial planning by
    the property investors as well the property
    buyers.
  • Being the most populated city in India, Mumbai
    attracts a lot of people who come here in search
    of some employment opportunities.
  • This leads to the need of residential properties
    in Mumbai, which in turn reflects on the real
    estate prices in the city.

3
  • Property in Mumbai has always been expensive and
    only a handful of the crowd can afford to buy
    property here.
  • Mumbai is basically known as the most expensive
    city in India with modern lifestyle and therefore
    people from different parts of the country dream
    of living here.
  • Mumbai has a plethora of options for residential
    properties to choose from.
  • The prices of 1, 2 and 3 BHK apartments in Mumbai
    vary from area to area.

4
  • It is a paradise for investors to buy Property in
    Mumbai because it offers a high ROI (Returns on
    Investment) for both the investors and the buyers
    as well.
  • This is the main reason why Mumbai acts as a
    magnet for all the real estate investors in
    Mumbai.

5
  • Currently Mumbai offers a great mix of new
    residential projects and commercial projects
    which are in the development phase.
  • The upcoming residential projects and commercial
    projects are going to witness good profits in the
    coming years.
  • With new MNCs and brands across all the sectors
    planning to set up base here, which means the
    prices will only appreciate and never depreciate.

6
  • New rules and regulations that are coming into
    force will help attract more investors in the
    near future.
  • The Real Estate (Regulation and Development) Act,
    2016 (RERA), intends to protect the interests of
    home buyers and enhance transparency in the real
    estate sector.
  • The Government of India enacted the Real Estate
    (Regulation and Development) Act, 2016 on the
    26th March 2016 and all its provisions came into
    effect from 1st May 2017.

7
  • The Maharashtra Real Estate Regulatory Authority
    (MahaRERA) came into existence on May 1, 2017.
  • Builders and real estate agents had been given a
    90-day window, to register their new and ongoing
    projects, with the real estate authority, which
    ended on July 31, 2017.
  • The RERA will give the Indian real estate
    industry its first regulator.
  • The most positive aspect of this Act is that it
    provides a unified legal regime for the purchase
    of flats apartments, etc., and seeks to
    standardise the practice across the country.

8
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