e s t a t e
d e a l i n g s
Submit Needs
+Add Listing

Plot for sale in Mumbai

  • Home
  • Plot for sale in mumbai
Load more

1.Which area of Mumbai would be the best to buy a residential plot?
• Andheri East:
A well-connected area with a number of residential and business structures.
• Bandra:
Renowned for its lavish way of living, rich cultural legacy, and remarkable social network.
• Thane:
Due to the significant infrastructure development now taking place there, it is an excellent location for residential real estate investments.
• Panvel and Navi Mumbai:
Provide options that are growing significantly and are less expensive than those in central Mumbai.
• Kalyan East and Kurla East:
They are well-liked since they are accessible and have plenty of room for growth.
2.Would you prefer to reside in the northern or southern suburbs of Mumbai?
North Mumbai:
• Pros: 
Housing should ideally be more reasonably priced, have larger floor plans, be near natural areas, be near the airport, and have easier access to other regions of the city.
Examples: Juhu, Bandra, Andheri, Goregaon, Malad
South Mumbai:
• Pros: 
Historic sites for sale in Mumbai, high-end eateries and retail establishments, improved infrastructure, convenient access to business and cultural districts, and a more tranquil atmosphere are all features of this neighbourhood.
Examples: Fort, Colaba, Peddar Road, Malabar Hill
3.When it comes to residential land, how much does Mumbai's price change?
• Price Range:
At the moment, residential plots for sale in Mumbairange in price from ₹10 Lac to ₹99.99 Cr.
• Location Matters:
Where you are might have a big impact on the pricing. For instance, residential plots for sale in MumbaiAndheri West may cost about ₹1.5 Cr per square foot, whereas a 1,089 square foot plot in Khar East may cost as little as ₹3.5 Lac. 
• Popular Locations:
There is a strong demand for real estate in a number of well-known Mumbai neighbourhoods, such as Virar, NaigaonPalghar, Andheri East, and Virar West. Another is the famous neighbourhood of Vasai.
4.What kinds of residential plots are accessible for sale in Mumbai?
• Regular Residential Plots:
In Mumbai, individual parcels of land designated for residential development are available for purchase. These residential plots for sale in Mumbaican be found all throughout the city in a variety of sizes and locations.
• Gated Community Plots:
The sites in question are currently in the development stages of larger residential complexes that include amenities and security elements.
• Plots in Approved Layouts:
Building on these lots is simple because they are a part of permitted designs that have previously received approval from the appropriate local authorities.
• East-facing Plots:
There are lots in Mumbai that face east, which appeals to certain buyers for Vastu-related reasons.
• Corner Plots:
Another alternative is a corner plot, which gives you more creative control and may even provide better access.
5.What is included in Mumbaigated community plots?
In gated community plots in Mumbai, access and exit are typically controlled by a gatehouse or security personnel, which is how they may be distinguished. 
Among the security staff who are typically on duty at all times are guards and possibly CCTV surveillance. When security services are available, it indicates that they are always available. 
Gated communities' security measures are further strengthened by the walls or fences that surround them. 
In gated communities, there is typically a system in place to maintain the infrastructure and communal areas.
In certain communities, the community association is in charge of managing the shared utilities. Utilities include things like electricity and water supplies.
The bulk of the time, the garbage collection and disposal systems are the responsibility of the local population. 
Parking spaces are chosen for residents and their visitors. 
Very quick elevators: Elevators are a common element of large gated community plots in Mumbaiwith several levels. 
For residents' out-of-town guests, some communities even offer guest rooms. 
Afforestation and rainwater collecting are two eco-friendly initiatives that numerous communities are putting into place to promote sustainability.
6.What is the Mumbai residential plots price trend?
Based on information provided by Housing.com, the average price of real estate in Mumbai Central is approximately Rs 36,138 per square foot. 
According to estimates, apartments in Mumbai Central and Mumbai South cost about 42,500 rupees per square foot. 
For Rs 3.75 Lakh, a piece of land for sale in Mumbaiin the Ranjanpada neighbourhood of Navi Mumbai is presently for sale.
What standards can you apply to determine whether a Mumbai gated community plots in Mumbai
• The RERA Registration must be examined to guarantee RERA compliance.
The RERAmust be informed that the project has been registeredproperly. This is vital if we desire honesty and security free from deceitfulness.
• Examine the Project Specifics:
Verify the project's details, such as the registration number, promoter details, and current status, by visiting the MahaRERAwebsite.
• Timelines and clearances should be reviewed.
Examining the project's authorisations and anticipated completion dates is advisable because all registered projects are subject to specific restrictions. 
Recording of legal proceedings:
• Legal Record:
Make that the seller is legally allowable to sell the property and that the title is free of any claims, liens, or other burdens. 
Examine the sale deed to find out the specifics of the property transfer and confirm that it was properly registered with the sub-registrar. 
• Certificate of Official Occupancy (OC):
If a structure is existent, the OC must settle with the local authorities that it obeys with all applicable laws. 
• Rules and Property Use:
The floor space index abbreviation is FSI.
Learn about the FSI, which determines the maximum amount of built-up area that can be allowed on a piece of land for sale in Mumbai. 
• Safety Measures for the Environment: 
Make that the project conforms withenvironmental rules, especially if it is located within the Coastal Regulation Zone (CRZ). 
• Zoning Regulations: 
Verify that the property is zoned for residential use and that the project conforms with all local zoning regulations.
7.Which financing options are available when purchasing residential plots in Mumbai?
• Loan Amount:
Lenders will typically finance 60% to 80% of the plot's worth. The borrower is required to use their own funds to cover the outstanding loan balance.
• Loan Tenure:
Repayment terms for plot loans can range widely, from ten to twenty-five years, depending on the lender and the borrower's situation.
• Interest Rates:
Interest rates on plot loans are typically a bit higher than those on traditional home loans, sometimes by as much as 1%.
• Eligibility Criteria:
Lenders consider a number of characteristics, including the applicant's age, number of dependents, stability and regularity of income, and value of other assets.
• Loan Purpose:
Plot loans cannot be utilised for agricultural land because they are exclusively intended for the purchase of real estate for residential building.
• Security:
As collateral for the loan, lenders typically want to see the mortgage on the house being purchased.
• Documentation:
A number of crucial documents are needed for loan processing, such as identification verification, proof of address, and evidence of income.
• Financial Institutions:
Plot loans are provided by financial institutions including as ICICI Bank, SBI, and HDFC Bank, as well as home financing firms like PNB House Finance and Sundaram Home Finance.
• Combo Home Loans:
Numerous banks, including SBI, provide "combo home loans" that pay for both the land for sale in Mumbaipurchase and associated construction expenses.
8.Which websites are the finest to use when searching for gated community plots in Mumbai?
• 99acres.com:
Our sites for sale in Mumbaioffers a large selection of plots in Mumbai, including those in gated communities. You can refine your results by location, gated community plots in Mumbai, or anything else that may be relevant to you by using the search options.
• Magicbricks.com:
Like 99acres, Magicbricks.com offers a large selection of plots and uses sophisticated filtering to help users locate opportunities in gated communities.
• PropertyOK.com:
One of PropertyOK.com's main goals is to make the property search process simple and convenient. They provide professional advice in addition to a large number of listings, some of which are in exclusive areas.
• Justdial.com:
You may locate Mumbai real estate agents that specialise in gated community plots on the directory sites for sale in MumbaiJustdial.com. This can be quite helpful if you are looking for specialised advice and knowledgeable local knowledge.
Final thoughts
There are numerous benefits to buying residential plots in Mumbai as opposed to ready-to-move-in apartments. These include the possibility of significant value, greater design and construction flexibility, and a lower entry barrier. Plots also provide the special benefit of customisation, enabling you to construct your own house in accordance with your own preferences.

Other Categories in Mumbai

Our Tools