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Bhandup West is one of the well-developed suburbs of Mumbai, located in the North-East region. It is a fast-paced locality that has developed rapidly in recent years. The rise in infrastructural improvements around the locality has contributed to the upliftment of residential and commercial real estate.
Powai is a popular suburban locality of Mumbai located in the northeastern part of the city. This locality is situated right on the Powai lake banks. It is a high-status area of the city where architectural developments are proposed to meet the rising needs of the residents.
Mahalaxmi is the locality for the cream of South Mumbai. Buying a property in Mahalaxmi is at the top of the city's bucket list of wealthy home buyers. Living in this locality, will get you mesmerising views of the serene waterbody, Mahalaxmi Race Course, and much more.
A growing residential zone in the eastern part of Mumbai, Ghatkopar East offers its residents both mid-range and premium-level housing. Price insights suggest buyers prefer properties for less than ₹50 lakhs, with the demand for 1 BHK being the highest, with top developers such as Adityaraj Group, Akshay Group, Alag Group, and Heritage Group having some exciting projects lined up in the pipeline. The upcoming neighbourhood houses a population of over 1.4 lakhs spread over an area of 3.75 sq. km.
A Bollywood superstar, philanthropist, and television host, Salman Khan, has had an illustrious career spanning over three decades, with massive blockbusters under his name, such as Maine Pyar Kiya, Hum Saath-Saath Hai, Dabangg, and Bajrangi Bhaijaan, to name a few. The darling of the masses has built an empire over the years, whether it be his films, investments, or humanitarian work via his NGO, Being Human. According to multiple sources, the 57-year-old has an estimated net worth of ₹2,850 crores, making him one of the wealthiest actors in India.
An upcoming bustling neighbourhood located in central Mumbai, Wadala road lies on the harbour line of the financial capital’s railway network. The locality consists of a population above 1.4 lakh residents, with an area of 6.52 sq. km. Over the years, there has been a sudden boom in the infrastructure of the suburban area, especially Wadala East, with residential real estate being the game changer. There has been a sizeable increase in the demand for flats, with 2 BHKs being one of the most popular choices.
"Oh, East is East and West is West, and never the twain shall meet" - Rudyard Kipling.
When Kipling said there is no meeting point for the east and west, we are sure he did not have Andheri in mind. However, the subtle rivalry between the two neighbourhoods in one of Mumbai's poshest suburbs is a fact that none of us can deny. As an investor, though, you may want to do some research and compare the two before you buy real estate. So here are some points to consider before you look for your dream 2BHK flat in Andheri.
Buying a residential property is often a culmination of your lifelong aspirations. It is also one of the most significant financial decisions of your life, one that will impact you for years to come. Most of us look for a home loan or financing options to buy the home of our dreams. So, it becomes imperative that we understand the terms of the loan product we apply for. The LTV or Loan-To-Value Ratio is one such aspect that we should understand because it impacts the amount of downpayment we need and our loan eligibility as well.
When you apply for a home loan, one of the first questions your bank or lender will ask is, “What is your credit score?” Here is a detailed guide that will help you understand the importance of a credit score in your loan approval process.