December 13, 2016
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2:31Now PlayingExpert: Jayashree Kurup, Head of Content & Research at Magicbricks.com.
Question: I want to buy an apartment in Mumbai. Is it a good time to buy or should I wait? Which place in Mumbai would be the best? My budget is Rs 1 crore.
Answer: In Mumbai within Rs 1 crore you will be able to get a flat sized 550-690 sq. ft. You can look at the localities like Chembur, Sion, Malad (E), Jogeshwari-Vikhroli Link Road, Kandivali (E), Lokhandwala. In Mira Road, Dahisar (E), Goregaon (E) and Bhandup (W) you will be able to get 2BHK-3BHK flats sized 860-1500 sq. ft. If you are looking for resale apartments, then you should expect possession by 2017-19.
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