How to find the right residential flat in Mumbai?

Mumbai is the city of dreams. With a population of over 1.25 crores, Mumbai is one of the most sought-after cities to live in India. The hub of the film industry, the economic capital of the country, and a promising path of opportunities make Mumbai a city that has an influx of migration. People come to the city, from far and wide, to settle down. But finding the right place to live is a problem people face regularly. 

Finding a house you love is in itself a daunting task but finding the right one is what makes it a Herculean one. It is not easy to find the right residential flat in Mumbai, and there are things that you would want to have on your checklist if you want to land on a property that you want to live in for a long time. 

Here are some steps you can follow to find the perfect flat for yourself.

Scout properties that have pictures attached to them: 

Your first step to conquering your journey of finding the right residential property in Mumbai is to search for properties that have pictures attached to them. Properties online that do not have a picture attached in the listing leave a person with no reference point of the property.

When looking for 2 BHK flats near me, a rule of thumb to follow is to look at the pictures and layout of the house before going to see it. If the pictures raise red flags or conflict with the kind of house that you are looking for, go ahead and cross that off your list. It ensures you do not waste time and energy, only to get disappointed when you go and see the property. 

Get in touch with the right agent or source:

One of the ways to get your dream home is to get in touch with the right agent or source. The right agent can do wonders for your search as they will show you properties that they know you will like. Building a good rapport with them will also ensure that they understand your budget constraints. Most landlords or sellers will consider negotiating with an agent.

Checking out the property in person:

So you look at the pictures and think you have found the right residential property in Mumbai. The next step is to go and check out the property in person. However, with a global pandemic getting worse every day, it might not be practical for you to go and look at the house. Instead, you can schedule a virtual tour or a tour over a video call of the property. Make sure to schedule the video call during the day so that you can gauge the natural light that comes into the apartment. Also, do not miss out on inspecting every single aspect of the property. 

Prioritize budget, amenities, water supply, and taste:

Your priority list should mainly consist of non-negotiable aspects. Stick to your budget, especially if you are renting, as the number will keep growing every year. Check out the other amenities of the property before locking it down. Ensure the property has a 24-hour water supply, a parking space, and is free from pests like rats. 

Examine the security of the property and also check if it is prepared for fire hazards. Make sure the lift and staircases are in working condition. Proper ventilation and natural light are some of the key factors to focus on. In addition to this, find out whether the property is eligible for a broadband connection. It also helps to get clarity on whether the flat has any limitations on the number of guests you can have. 

Accessibility of the flat:

The accessibility of the flat to nearby grocery stores, a gas connection, a pharmacy, and transportation is an essential part of your house hunt. When searching for 2 BHK flats near me, note if the flat is within walking distance from at least one mode of transportation. It is also important to note the proximity of the property to your office. 

Pet policy of the society or the landlord:

Most people think about having a pet when they finally move into a house they like. If you are one of them, get clarity about the pet policy of the society and landlord. Clarifying this beforehand will prevent further hassle in the future. If the pet policy does not align with your needs, you can make an informed decision about the property. 

Lease agreement

After you have obtained the right residential property in Mumbai, the time has come for you to enter into a lease agreement. Read the agreement carefully and thoroughly. The lease agreement should also mention any additional costs you might incur, like maintenance of the property. The agreement should mention the security deposit, rent, additional costs, contact information of the seller or landlord, and the clause for vacating the premises. If there is no renewal clause in the agreement, make sure it is provided in writing. A sudden rent increase can catch you off-guard and result in inconvenience.

Repairs:

Be clear as to what type of repairs the landlord or seller is ready to take care of. It will be a difficult task to negotiate in the future if you are not clear about your needs from the beginning. Come to a fair agreement of any temporary or permanent repairs that the property may require. 

Mode of payment:

Settle on a mode of payment that is convenient for you as well as the landlord or seller. Regardless if you are buying or renting the property, it is important to be on the same page. Keep a record of all payments made by you or on your behalf. Work out a timeline of when the money is supposed to be deducted from your bank account so you can plan and budget accordingly. 

If you are paying by check, make sure to note down cheque numbers given to the person you are buying or renting from. In the case of online payments, keep a backup of at least six months worth of transactions. It ensures that you are prepared in case of any payment disputes. 

With these guidelines in your arsenal, you will have no trouble finding the home of your dreams.