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How To Buy a Flat in Kandivali East: Tips and Tricks

Author
Blox Social
Posted on
Aug 28, 2023
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Nestled within the vibrant urban tapestry of Mumbai, Kandivali (East) emerges as a mid-income haven, beckoning home seekers with its abundant residential apartments.

Here is a short overview before you set out to buy a flat in Kandivali East

Connectivity and Accessibility

This locality, strategically positioned with the Western Express Highway, S V Road, and Akurli Road in its embrace, flaunts seamless connectivity that facilitates both convenience and accessibility. A mere stone's throw away from the Poisar Metro Station, a pivotal stop on the Dahisar East-CSMIA International Metro Line 7, Kandivali (East) places the city's pulse within easy reach.

Industrial and Real estate infrastructure

The Akurli Industrial Estate stands as a testament to its industrial prowess. Drawing the boundary of its economic significance, the Seepz Special Economic Zone looms close at approximately 16 km via the Western Express Highway, while the Chhatrapati Shivaji Maharaj International Airport is reachable at a convenient 17 km distance. Notably favoured by tenants for its reasonable rentals and the proximity to the industrial estate, Kandivali (East) is bedecked with illustrious developers such as Shapoorji Pallonji Group, Lodha Group, and Kalpataru Limited, who have contributed to its architectural charm.

Social Infrastructure

As a locality where wellness meets attention, notable hospitals like DNA Multispecialty Hospital, Aditi Hospital, and Agrawal Hospital stand as pillars of care. Beyond its residential and medical offerings, Kandivali (East) also embraces a nurturing educational environment, playing host to distinguished institutions including Ryan International School, Cambridge School, and Gundecha Education Academy. Retail therapy and leisure converge seamlessly within its bounds, with retail havens like Growels 101 Mall, Thakur Mall, and Vishnu Shivam Mall offering a plethora of choices. A testament to nature's presence amidst urbanity, Kandivali (East) doesn't shy away from inviting one to experience the serene charm of Gandhi Tekdi, the cascading beauty of NNP Waterfall, and the delightful allure of Chhota Kashmir Park, all encapsulated within a 7 km radius. Enveloped by verdant pockets and blooming gardens, Kandivali (East) is not just a residential destination; it's a sanctuary of holistic living.

Tips and Tricks for a seamless purchase

If you're considering making this vibrant neighbourhood your home, this guide will equip you with essential tips and tricks to navigate the process with confidence.

  • Define Your Requirements

Before you dive into the real estate market, it's crucial to have a clear understanding of what you're looking for. Consider factors such as the size of the flat, the number of bedrooms, amenities, proximity to schools and workplaces, and the overall ambience of the neighbourhood. Defining your requirements will narrow down your search and save you precious time.

  • Set a Budget

One of the most significant aspects of buying a flat is setting a realistic budget. Take into account not only the cost of the flat but also other expenses like registration fees, stamp duty, legal charges, and maintenance fees. It's wise to consult with financial advisors to determine how much you can comfortably afford without straining your finances.

  • Research the Market

Before you start visiting properties, it's essential to do thorough market research. Study the current property prices in Kandivali East to get a sense of what to expect. Keep an eye out for any trends in pricing and demand, which can help you make informed decisions during negotiations.

  • Engage a Reputable Real Estate Agent

Navigating any real estate market can end up being overwhelming, especially if you're not familiar with the area. Hiring a reliable real estate agent with a deep understanding of Kandivali East can be immensely helpful. They can provide you with insider insights, guide you through property visits, and facilitate negotiations on your behalf.

  • Visit Multiple Properties

Don't settle for the first property you see. Kandivali East offers a variety of options, from high-rise apartments to gated communities. Visit multiple properties to get a sense of what each has to offer. Take notes, photos, and videos during your visits to help you remember the details when making comparisons later.

  • Verify Legal Documentation

Before finalising any deal, ensure that the property's legal documents are in order. This step is crucial to avoid any future legal complications. Hire a legal expert to review documents like title deeds, sale agreements, and clearances from local authorities.

  • Check Amenities and Infrastructure

Kandivali East is known for its modern infrastructure and amenities. When exploring properties, pay close attention to the facilities offered within the complex or community. This could include features like parking spaces, fitness centres, swimming pools, parks, and security services. Assess whether these amenities align with your lifestyle and preferences.

  • Consider Future Resale Value

While you may be excited about the prospect of buying your dream flat, it's also essential to think about its future resale value. Factors like location, neighbourhood development, and the quality of construction can impact the property's appreciation over time. Investing in a property with good resale potential can offer financial security down the line.

  • Negotiate Wisely

Once you have found a flat that ticks most of your boxes, it's time to negotiate. Do not hesitate to engage in a healthy negotiation process with the seller. Be prepared to walk away if the terms aren't favourable to you. You can always rely on a trusted real estate buying platform such as ours to ensure that you get the best deal possible. 

  •  Plan a Site Visit at Different Times

The atmosphere of a neighbourhood can vary significantly throughout the day. What might seem peaceful during the afternoon might turn into a bustling hub during rush hours. To get a comprehensive understanding of Kandivali East's ambience, plan site visits at different times of the day, including evenings and weekends.

  •  Understand the Payment Structure

Real estate transactions often involve complex payment structures. Ensure that you understand the payment schedule, including down payments and instalment plans, if applicable. Clear communication regarding payments can help you avoid any misunderstandings with the seller.

  •  Get a Home Inspection

Before sealing the deal, consider hiring a professional home inspector to identify possible issues with the property, such as structural problems, plumbing issues, or electrical concerns. This step can save you from unexpected expenses and repairs down the line.

To conclude, patience and due diligence are key throughout this process. With the right approach, you will soon find yourself settling into your dream flat in this vibrant Mumbai neighbourhood.

Real Estate