Mumbai real estate is amongst the best and most expensive in India. However, it also offers numerous mind-boggling options to homebuyers. From the relatively affordable 1 BHK flats to the ultra-luxurious 5 BHK apartments and villas, the homebuyer is never devoid of choices in this city of dreams. Among the many types of properties, duplex is perhaps the least explored. Nevertheless, it is one of the most lucrative real estate investments and provides homebuyers with privacy and high-living standards.
Regular apartments are great for those who want to live in communities; however, if you are looking for privacy, a duplex will be the ideal choice for you. A duplex is a two story structure comprising two different apartments or living units. Apartments in residential complexes have common entrances, and consist of two or three flats on a floor. The two living units in a duplex, on the other hand, have their own front and back entrances, which prevents intrusion into one’s private areas, ensuring privacy and peace. In addition, a duplex comprises many other useful amenities like courtyards, gardens, and in some instances even garages, offering homeowners a carefree and high quality life.
When one thinks about a duplex home, the first thing that comes to mind is that it is going to be a pricey purchase. There is no doubt that homes are not cheap, especially in cities like Mumbai. However, if you compare a duplex home with other apartments of similar area and configurations, you will be surprised to note that there is not much difference in the price range between a 4 BHK or 5 BHK apartment and duplex. The relative affordability of a duplex combined with the benefit of having two apartments in one structure make duplex houses a great option for homebuyers.
Space is a major constraint in Mumbai and other mega cities. Many apartments are located in bustling localities and are far away from parks. Travelling to these green spaces to catch some fresh air requires time and effort and may be a hassle for people short on time. However, you will find plenty of space in a duplex in Mumbai, which has its own courtyard and garden. If you are living in a duplex, you need not travel to a park far away from your home. You can enjoy precious moments with your family in your own private garden amidst a tranquil environment.
Compared to other forms of properties, a duplex is one of the best sources of income. Since a duplex comprises two living spaces with independent entrances, it is easy to give one unit on rent while you can continue living in the other. You can spend the money on personal expenses and enhance your lifestyle. Or you can use it to pay your home loan monthly EMIs. Besides providing you with additional means of income which will strengthen your finances, a duplex home commands a high resale value which can provide you with lucrative returns in the years to come.
A duplex offers homeowners the liberty to make changes to the house to suit their requirements. You can experiment with your living spaces and choose a style that makes your life more comfortable and helps elevate your living standards. You can explore various layouts, staircase designs, wall decorations, connect the outdoors with the interiors, and create a stunning exterior design. On the other hand, customisation is not easy for those living in apartments.
If you want to live the grand life, a duplex home will be the ideal choice. These homes are usually located in premium localities and are encompassed by greenery and useful social amenities. In addition, these independent homes are a good option for those who value privacy. A duplex has more space compared to other properties making it suitable for large or joint families.
Finding a duplex in Mumbai is easy provided you search for them on reliable platforms like Blox. On this website you will find numerous duplex homes, their price, location, features and various other aspects. Depending on your budget and family needs, you can choose the duplex home that best suits you. So if you really want to live in grandeur and sophistication, it is time you invested in a duplex in Mumbai.
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Most Indians have heard references to the term TDS about income tax. TDS is an acronym that refers to Tax Deducted at Source. The Income Tax Act specifies certain scenarios in which the payments received by a person are made after subtraction of the tax dues. This means the person making the payment must deduct the tax and deposit it with the government. In real estate dealings, too, TDS may be deducted under certain conditions.