Go through the pros and cons before investing in a flat in Mumbai

In urban areas, it is easier for people to get flats or apartments as they are more readily available than personal homes. Hence if you want to settle down in a big city like Mumbai, you can check out a lot of 2 or 3 bhk flats for sale in Mumbai. These come with sufficient living space and all the necessities. Before you decide to leave your old home and buy a brand new flat/apartment, here are some pros and cons that you should know.

Pros of living in a flat or apartment in Mumbai

1. Essential supplies can be found nearby: Most 2 or 3 bhk flats for sale in Mumbai will have various essential services available near the neighborhood. Most builders construct their residential projects near hospitals, transport hubs, parks, malls, schools, etc for the convenience of the flat/apartment residents.

2. Security arrangements: Since most flats or apartments are located inside a gated neighborhood/colony, there are more security measures present to stop something bad from happening to the residents. Patrolling security guards and CCTV cameras are some of these security arrangements.

3. Lower bill costs: Choosing a 3 bhk flat for sale in Mumbai for your family is a better choice as you will have to pay a lower bill for electricity, water, and other necessities depending upon the usage level. On the other hand, traditional homes are bigger and have joint families. Thus, the consumption is larger leading to higher bills.

4. Suitable for living alone: If you find a 3 bhk too large, you can even choose a 1 bhk flat in Mumbai for sale. When you move to a new city like Mumbai, living on rent is not an optimal long-term solution. Thus you should invest in a flat or apartment when you decide to settle down here.

Cons of living in a flat or apartment in Mumbai

1. Small living area: For people who have lived in traditional homes since their childhood, the living space in a flat or apartment can feel quite congested at first. You may also lack sufficient parking space if you own multiple personal vehicles. You will have to explore a lot if you want to find the best 1 bhk flat in Mumbai for sale that comes with enough living and parking area in it.

2. Lack of privacy: Most flats shown by the real estate companies in Mumbai will have many families living together in the building. Hence families live close to each other and it can sometimes feel like you lack privacy. It will cause some discomfort to people, especially those who are accustomed to living in houses. Still, this is not a serious issue as you can look for larger flats or apartments with thicker walls.

These are the pros and cons of living in flats or apartments in an urban city like Mumbai. You should check these points with the real estate companies in Mumbai before investing in any of their flats/apartments.