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Q.

What is resale property cost in mumbai?

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Hello Pawan. The resale property cost in Mumbai depends on a lot of factors like location, house type and several other factors. So, telling you a number without you sharing the kind of house and the localities you are considering wouldn’t be a lot of help to you. Still, you can expect 1 BHK homes starting at Rs. 45 lakhs in Mumbai in less preferred localities. What I can do is give you some things to look for and where you understand the property rates.


What is the Cost of Resale Property in Mumbai?


So, first of all, look for resale properties on real estate platforms. These websites have tonnes of properties and you can filter your search for the particular house type in a particular locality and also by the house price. 


Factors Affecting Resale Property Cost in Mumbai


  1. Property Configuration: Amongst the most important things is the property configuration. Whether you are looking for a 1,2,3 BHK or an independent house. All of them differ in rates.

  2. Location: One of the most influential factors is the location. The location directly impacts the rate. Good localities with all the facilities, infrastructure obviously tend to cost more. You will see the South Bombay region being the most expensive for a house for this reason.

  3. Property Condition: The condition of the particular property also matters. A well-maintained property with all the basic amenities will cost more than a home which needs work.


So, use this as a guide and look for your resale home in Mumbai online.


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