Guide to Buy Luxury Apartments in Mumbai


Developers at the heart of Mumbai have priced properties almost beyond the reach of common people. But does it mean that you should drop your idea of settling down in the city? Not really, you can still have your dream home in and around Mumbai with careful planning.

Luxury housing projects like Shapoorji Pallonji Joyville offer you the chance to enjoy the feel of city life without its hassles. But before you invest in a property in Mumbai, there are some things to consider. Let’s take a look at some of the factors that are likely to influence your choice.

Know your neighbourhood

Apartment prices in Bandra, Powai, or Goregaon can seem too steep to the middle-class buyer. But housing complexes in areas like Umroli, Nalasopra, Virar, or Vasai are still reasonably affordable. For instance, the Shapoorji Pallonji Joyville project in Virar is a great choice for affordable 1 BHK apartments or lavish 3 BHK flats. With proper housing finance, such properties are quite affordable.

However, one must be aware of the fact that certain areas in Mumbai are more prone to crime than others. The convenience of transportation should also be considered.

Virar is one of the popular destinations for people having their workplaces in central Mumbai. This neighbourhood offers a close connection with the city. It is characterized by a high rate of literacy, fantastic transport facilities (the Mumbai–Ahmedabad bullet train facility passes through Virar), and a low crime rate.

Property prices in Virar have increased by 100% in the last couple of years. It’s the sweetest time to invest in the real estate in Mumbai before the prices skyrocket.

Know your builder

It is mandatory for builders registered under the Real Estate Regulation Act to mention their registration numbers in advertisements. Since buying a home is a lifetime investment, it is ideal to buy from a RERA-registered builder.

That way you are on the safer side if the builder does not come out good on his promises. Apart from this, you would want to trust someone with a great track record. So, it’s better to do a bit of research on the builder than to be sorry later.

Know how to take precaution

It may sound odd, but you do not always get what you pay for in Mumbai. The builder might hide the true size of the property. Find a consultant to find your way around properties in Mumbai. Above all, you must use your best judgement while choosing a property. It’s always the best to go for the reputed names.

Know how to finance your home

The Indian government is doing its bit to help the people find affordable housing. If you are buying your first house, you can take advantage of the Pradhan Mantri Awas Yojana scheme. This will get you a significant waiver in the interest amount.

Anyhow, you will have to secure a home loan to buy a house. All you need to do is select a lender. You can avail home loans at affordable rates from banks and non-banking financial companies like Bajaj Finserv Homes & Loans. You should compare the interest rates and other features offered by the lenders to take an informed decision.


Mumbai is a city where dreams flutter and flourish every day. You can be among the happy few who with meticulous planning turn their dreams into reality. All you need is some time looking around for properties to know which of them best suits your housing requirements.

With a little bit of vision, you can even buy a flat in prestigious luxury projects like Shapoorji Pallonji Joyville. Do not drop the idea of a dream home in the maximum city!