Affordable Homes Realty - Affordable Homes Online is the right place for you if you are planning to buy any 1 BHK flats in Mumbai for sale. We provide the best top options for residential 1 BHK apartments in Mumbai for sale within good budget. Cities like Mumbai and its suburbs, are emerging out as prominent residential hubs for the cosmopolitan crowd. We bring you the handpicked 1 BHK properties in Mumbai for sale from these areas. If you are looking to buy one bhk flat in Mumbai, then your search ends here with Affordable Homes Realty. With the help of our experienced staff and a vast network of realtors, we can provide you the best 1 bhk in Mumbai for sale. We understand what you exactly expect while buying any 1 BHK flat in Mumbai for sale. Be it the location, amenities or budget, we know what suits you the best when it comes to choose to buy 1 BHK flats in Mumbai for sale. Currently we have more than 150 units available under 1 bhk in Mumbai for sale. The price of the one bhk flat in Mumbai varies from - below, under, upto 70 lacs, 80 lacs and 1 crore approx.
With the help of our vast networks of realtors, Affordable Homes Realty always have the best options for 1 BHK in Mumbai for sale with affordable price structure. Not only this, we also arange for the home finances for the 1bhk flat for sale in Mumbai of your choice. Once you select any 1 bhk apartment in Mumbai for sale, then we take care of all the documentation, paper works and registration process. 1 BHK in Mumbai comes with the price ranges below, under, upto 1 crore, 80 lacs, 70 lacs and 60 lacs. We also have many options if you are looking to buy 1 bhk terrace flat for sale in Mumbai. These 1 bhk with balcony in Mumbai are little on higher side of the costs involved. However, if your budget persists then we can also source many good options under 1 bhk sea facing flat in Mumbai. These 1 bhk luxury flats in Mumbai are quiet costly in prices in this category. As you must be already aware that the 1 bhk property in Mumbai is quiet hard to find and get a genuine deal. We are here to help you tackle the situation and get you the best options suitable for your budget while buying any 1 bhk for sale in Mumbai.
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Investing in 1 BHK flats in Mumbai for sale has become a trend among buyers. Demand for single bedroom flats is increasing in the real estate market. Since the one-bedroom apartment culture is more appealing, so many people had made it one of the cheapest and smartest investments. This an attractive choice for renters but also for tenants and real estate investors. You may encounter many upsides while investing in 1 BHK flats in Mumbai for sale. The cost of 1 bhk in Mumbai varies area to area for different locations. Let us understand here how they are supreme in all aspects.
Buying the 1 bhk flat in Mumbai can be a perfect asset option for a newbie or conservative investor as compared to investment of money in mutual or equity funds. Indian citizens mostly consider investing in real estate, because it is very safe and secure choice. Buying 1 BHK flats in Mumbai for sale can also be feasible with a home loan EMI. Even if you move to other places, there are guarantees of getting regular rental income. Alternatively, you will have a bunch of buyers to purchase your 1 bhk home in Mumbai and you could invest that amount as capital to proceed with your next plan.
Many property developers in Mumbai have a perfect eye of designing 1 BHK flats in Mumbai for sale in their projects because these are usually the first to be bought and generate instant working capital for them to proceed with other 1 bhk projects in Mumbai.
Also, Mumbai is witnessing a surge in large families splitting into nuclear families, right-sizing the needs of nuclear families is supporting the demand for such affordable one BHK flat in Mumbai. The developers are operating on thin ice as the official premiums are very high which forms almost one-third of the project cost. Hence to cater to the burgeoning demand for smaller sizes as well as achieve a ticket price that makes the residential units affordable to first time home buyers, major changes were started to be made to planning designs with living room sizes and bedroom sizes curtailed down by almost 50 to 75 sq. ft each as well as balconies which were free FSI before the fungible rule were banished.
The kitchen sizes were trimmed and passages were curtailed to avoid any wastage of carpet in unutilized areas. This kind of architectural design changes enabled the developers to launch gated community living projects with 1 BHK starting as low as Rs 35 lacs in Mumbai suburbs too. With the introduction of the PMAY scheme, the move got a host of incentives alongside developers as well as buyers from a taxation perspective encouraging the small-size homes all the more.
A well-designed one-bedroom house that lies in a good location can be a great investment opportunity. Acquiring 1 BHK flats in Mumbai for sale with even more close to transportation, work hubs, schools, and downtown are often a good idea to invest. Tenants who seek these flats are willing to sacrifice the space too. So, choose wisely to keep your 1 BHK for sale in Mumbai unit in demand.
For such people, a 1 BHK flats in Mumbai for sale is a good option, particularly, if they do not spend more time at home. Generally, millennials would like to stay in an affordable place and sell it when they move to different cities for their work.
Rental yields
The high rental yield is another appealing feature of such apartments. Since students who averse to accommodate in paying guest places choose 1 BHK flats in Mumbai for sale to stay free with no hassles. Young professionals, solo livings, newly wedded couples, and even old-aged people find it more convenient, secure, and comfortable here than a large house.
Fiscal aspects
The financial aspect is one of the positive facets of acquiring 1 BHK flats in Mumbai for sale. Depending on the price, low stamp duty is collected from the buyers. Such affordable housing units are considered to have good capital growth over the years and it is the perfect place to invest your money which will be safe and secure. Small-spaced apartments like this take less maintenance than owning a bigger house and also seem cheaper to design and furnish. It’s a considerable thing that when buying a 1 BHK flats in Mumbai for sale, it is easier to even sell with the increasing demand as mentioned earlier. Especially, in crowded cities the demand for these types of flats is huge. If you are interested in selling your apartment you can easily get a buyer for your flat.
It is highly worth investing in 1 BHK flats in Mumbai for sale in 2022.
Affordable – The well-known property residential type is 1 BHK flat in Mumbai western line. Even if you plan on taking a loan for purchasing such a property, you will benefit from smaller down payments and monthly instalments. Hence if you want to save some money while getting a place on your names, obtaining 1 BHK flats in Mumbai for sale are the best choice for you.
Low cost of maintenance – Another big advantage of investing in a 1 BHK flat sale in Mumbai is that it requires less work, which means the upkeep is easier comparing multi-bedroom apartments. Tax for the small property is also less.
Rentable – Advantages of investing in 1 BHK flats in Mumbai for sale are, they get rented easily especially in big cities that are commercial hubs. Specifically, for cities such as Delhi, Noida, and Ghaziabad where the migrant population is big and increasing, 1 BHK flat sale in Mumbai gets rented in no time.
How to do away with space-related issues in a one BHK flat in Mumbai ?
The biggest myth about 1 BHK flats in Mumbai for sale is that they are less spacious and get easily crammed up. The main problem is that people are not maintaining their property in an efficient way. Even if you have a lot of informaiton, still as an individual you have to learn the right manner of accommodating all your things neatly into your apartment of Mumbai 1 BHK flat for sale. To achieve this, you need to keep certain things in mind, such as:
• Sorting your information and discarding what you don’t need
Loose things like books, clothes, files, etc should be kept in a proper place like on a shelf or the table so that they will occupy less space. People also store the unnecessary thing which is of no use. These things slowly and steadily occupy more space. you should discard those things which are not of any use so that you can enjoy more space and can store more things inside your apartment in Mumbai 1 BHK flat for sale.
• Be multipurpose concerning storage
The small place makes you irritate? You can be innovative and can use your furniture for multiple uses so it will cover less space and also will help you to get adjusted to a small place. For e.g.; your study table can also be your dining table when needed.
• Use vertical spaces
Mostly some buyers forget to build vertical space. Wall-mounted storage units, cupboards, and even vertical gardens are some of the best examples of the same.
Over the ongoing decade, Mumbai real-estate industry saw a transition to the concept of affordable housing projects even before it was officially announced by the government as a part of the housing for all by 2020 scheme. Various developers branched into a box-pricing scheme mechanism to match the affordability of first-time home-buyers and make it look attractive inducing buyers to take their first step towards purchasing real-estate. The key lever used for transformation in Mumbai real-estate was the steep recalibration of sizes, with 1 BHK flats in Mumbai for sale, carpet areas are being reduced by almost 175 sq. ft from the average size of 450-500 sq. ft carpet area previously to as low as 325 sq. ft carpet area to match the affordability of buyers. In the case of 2 BHK the sizes were almost halved from 800 -950 sq. ft carpet areas to as low as 525 sq. ft.
Even any other apartment sizes which used to be expansive with a range of 1250-1500 sq. ft carpet area curtailed to as low as 850 sq. ft. This typically means average room sizes shrinking from 18X 12 sq. ft to 12 X 10.5 sq. ft. Toilet sizes which were previously 8X 6 SQ. FT to as small as 5 X 4 SQ.FT. Living rooms shrinking from average lavish sizes of 20 X 15 sq. ft to 15 X 11 SQ.FT. Such prudent tailoring helped developers to trim sizes of typically 1 BHK flats in Mumbai for sale and any other apartment by one-third to almost half of previous average carpet sizes. This move showed greater adaptability by the buyers who started appreciating the designs with effective & usable space planning vis-à-vis lavish spreads of rooms and utility area. One reasoning possibly apart from affordability is practicality considering the majority of nuclear families in Mumbai are co-working and children are occupied for school & tuition classes. It is logical to buy one's own house though tight in size than to pay rents which can be equivalent to one EMI.
Considering the same few projects have come up with the concept of studio designs too which are less than 250 sq. ft in carpet area eliminating the concept of bedroom i.e., transforming into One Room kitchen vs One Bedroom Kitchen. Internationally, most of the densely populated cities like Hong Kong, Manhattan, Monaco, London, etc have been operating at such a sizing model. Tokyo, the apartments are as small as 11 sq. mt too. Mumbai has been fairly pricing inelastic because of the immigration from major cities as well as tier II & III cities to Mumbai by young graduates seeking jobs due to death of job creations in the other part of India as well as the growth avenues offered by a myriad of business fostering in Mumbai. As aforesaid massive trimming of areas in every nook and corner of apartments helped developers to bring the concept of box pricing to suit consumer demands. The shrinking affordability of average Indian, case in point Mumbaikars due to high cost of living including traveling, electricity, education, medical expenses, grocery, maintenance bills, etc lands them up with very less disposable savings which limit the affordability to buy lavish & spacious apartments and hence restricting sizes of apartments remain the best suitable proposition to be offered to buyers directly curbing their infrastructure cost like electricity & maintenance as well as property taxes.
Compared to other, buying 1 BHK in Mumbai will be less competitive when you decide to purchase any other apartment in Mumbai. Obviously, this varies based on factors like property, its location and proposed amenities.
It is truly stated that to buy 1 BHK in Mumbai, may attract several potential buyers. However in housing markets like the metroplex, bare buyers have to put offers on multiple home and have to take a risk for being outbid. Buying one BHK in Mumbai is an excellent way to avoid all distress and hassle.
You should always remember that the current house has more positive energy and efficient as compared to old home. Your current house has been built with latest technologies and latest energy efficient construction techniques and newly materials which will help you to reduce impact on environment and also helps you to save your money. These are the advantages to buy 1 BHK in Mumbai.
When you start your research to buy 1 BHK in Mumbai it includes all the 1 BHK for sale in Mumbai. At Affordable Homes, you can select from unique floor plans ranging from 1,800 sq. ft -3,000 sqft each floor plan. The smart homes includes a modern features, open design and state of the heart home automation. In Mumbai, cavender homes all the best for tech savvy buyers, and also for them who are convenient and comfortable for smart home.
These articles will help you make any property related decision.
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1 BHK simply means. 1 Bedroom, 1 Hall & 1 Kitchen. Generally, when you come across certain terms like 1 BHK flat in Mumbai for sale then it means there is a flat which is having a combination of 1 bedroom plus 1 hall and 1 kitchen.
1 BHK flat in Mumbai is calculated through the combination of the number of bedrooms halls and kitchen. In simple terms, it is the total number of rooms available in the whole apartment.
1 RHK flat in Mumbai consists of a room, hall, and kitchen so it does not have any full wall divider to separate the house and it just looks like a big room. BHK: As the abbreviation suggests, 1 BHK flat in Mumbai is used to relate to Bedroom Hall Kitchen. While 1 RHK does not have a separating wall, 1 BHK comes with a wall, splitting the hall to make a room.
As the cost of buying a home in India is going up, 1 BHK flats in Mumbai for sale are gaining attention among home buyers as a feasible alternative to invest in. The smaller the unit the more inexpensive it is. A 1 BHK flat in Mumbai for sale is an ideal starter home for a first-time homebuyer on a budget.
1 BHK flat in Mumbai for sale is almost always the superior option if you're moving in with someone else. After all, a 1 BHK flat in Mumbai offers more space, storage, and ease for two people living than a cramped studio apartment. Studio apartments can also save a bundle when you live with a roommate or significant other.
Convenience to local stores and major hotspots besides infrastructure and price are a few of the components you need to consider when searching for top localities. If you too are looking for the same with 1 BHK Flat in Mumbai for sale then - Mira Road, Bhandup West, Mira Road East, Vinay Nagar, and Virar West are neighborhoods worth exploring.
Buying 1 BHK flats in Mumbai for sale is definitely a great choice if looking for budget-friendly options. Liveable, affordable yet luxurious. 1 BHK flats in Mumbai for sale are for sure going to propose you an experience like never before.
There are a total of 2891 Projects in offering 1 BHK flats in Mumbai for sale in the current projects category.
A few of the Top Developers offering 1 BHK flats in Mumbai for sale are Jeevan Enterprises with 29 projects, PR Builders with 28 projects, Atul Projects India Ltd with 27 projects.
There are about 2891 alternatives Projects offering 1 BHK flat in Mumbai for sale. Out of these properties, 153 are between 50 lacs-1 Cr, 118 1 Cr - 2 Cr, 43 - 2 Cr.
Yes, there are 126 Residential Projects that have been lately launched, giving 1 BHK flats in Mumbai for sale. You can check them out by visiting the page.
There are 143 Projects in 2022 giving 1 BHK flats in Mumbai for sale. You can check them out by visiting the page.
Yes, there are 214 Affordable Housing projects giving 1 BHK flats in Mumbai for sale. You can check them out by visiting the page.
Yes, there are 354 Luxury Apartments giving 1 BHK flats in Mumbai for sale. You can check them out by visiting the page
Yes, there are 1224 current projects giving 1 BHK flats in Mumbai for sale. You can check them out by visiting the page.
You can select from about 20+ 1 BHK flats available in Mumbai for sale. These flats come with all the modern comforts one can ask for. Sound infrastructure and well-connectivity are other addition one can enjoy while living here.
Applying for a home loan is simply easy these days. Be certain of the 1 BHK flat in Mumbai for sale you want to take the loan for, get a home loan absolutely disturbance-free at Affordable Homes. There are many advantages of applying for a home loan -- you get liquidity benefit, proper diligence of Property by your bank, and the ability to grow funds besides saving on taxes.
There are about 8 1 BHK Flats in Mumbai for sale that are accessible within 15 lacs. These are well-designed and offer great infrastructure with world-class modern comfort. All in all a great living option.
If one is looking for regular returns, investing in a 1 bhk flat in Mumbai for sale is a better option. However, if one plans to resell the property after a short period, then it is more profitable to take a position in flats as its value keeps increasing owing to its huge demand.
Certain factors to keep in mind for buying a 1 bhk flat in Mumbai for sale are:- 1. Security and privacy concerns 2. Fire safety 3. Number of lifts and staircases 4. Floor deviation 5. Advantage point 6. Mobile network 7. Power consumption 8. Light and ventilation 9. Rental returns 10. Connection, service-related factors.
Few factors to keep in mind for 1 bhk flat in Mumbai for sale look bigger are:- 1: Choose a neutral color palette 2: Optimise storage 3: Pick multi-functional furniture 4: Put in different types of seating 5: Opt for minimalistic designs.
It is the area of your 1 BHK flat in Mumbai where you can lay the carpet. It is measured from wall to wall and also includes the area in your kitchen, bedroom, dining room, living room, storeroom, balcony, or any other room.
There are a currently 537+ popular 1 bhk flat in Mumbai for sale.
Yes, there are various projects of 1 bhk flat in Mumbai for sale. Here is a complete list of 1 bhk current residential launches in Mumbai in upcoming years.
There is numerous apartment available for 1 BHK flat in Mumbai for sale in different societies. Get a complete list of the society of 1 BHK flat in Mumbai for sale on affordablehomes.online.
Yes, there are numerous affordable 1 bhk flats in Mumbai for sale. Find out for the ones that match your budget and other search criteria.
Explore 2692+ 1 bhk flat in Mumbai for sale on Affordable Homes. Find details with easy-to-use filters like Photos, Verified listings.
The selection of buying or renting a house is more subjective than general. When you consider buying a 1 BHK flat in Mumbai for sale, you need to include a few factors that may influence your decision. When you buy a home, you need to at least 20percent in cash to make the down payment. Another most important aspect is that you should have a steady job. Searching for homes in a city like Mumbai can be tiring, so you might as well consider the cost of the home in the area you are planning to live. Your lifestyle also plays an important role in determining if buying a home makes sense or not. Apart from these factors, there are other concerns that you need to delve into before investing in a residential property.
Every step on the way to buying a house-whether for living or investing-must be taken with extreme care. There are many factors you should consider while buying a 1 BHK flat in Mumbai for sale, some of them are as follows: 1)Property Price 2)Flat’s Carpet Area: 3)Legal Check of Property: 4)Location of the Flat 5)Apartment Aquisition Once, your trust has been established, go ahead and buy the flat.
It depends on what is your normal. A proper 1 BHK flat in Mumbai could cost you 20k and it could go up to 50k. Add 20% for going upper bedroom. Also if you move from suburbs to town the rent increases 5k per stop, like if a one BHK in Borivali is 18k, till you reach Andheri its 25k, you reach Bandra its 35 k and so on. But you can get a decent 1 BHK starting from 15k.
It depends upon the Location. It drastically changes from location to location. If you want to buy 1 BHK near Nerul or Panvel side you may get it from 25 to 40 lacs. If you want to buy 1 BHK between Dadar to Vashi price may go up from 40L to 1.5Cr. If you want to buy 1 BHK between Walkeshwar to Mahim it may rise up to 1Cr to 2.2 Cr.
Buying a 1 bhk flat in Mumbai is always the best answer. Especially in Mumbai. Properties rates keep rising every year and in a city like Mumbai, it's the best investment even though if you don't have any plan to settle in.
Everyone can afford a 1 bhk flat in Mumbai for sale, it varies according to the person's wants and income. Mumbai has everything from a house in a chawl to a bungalow it depends upon the person. Which type of house he/she wants.
Buying a 1 bhk flat in Mumbai can be tricky sometimes but if you are willing to put an effort blow are some checklist which you need to consider before buying 1]Where transport is easily accessible 2]place should be interconnected to suburbs and town side.
There are 1477+, furnished 1 bhk flats in Mumbai for sale. Search using relevant filters and get a complete list on Affordable Homes.
It basically depends a lot on the locality. If you are trying the suburbs then it starts from 77–80 lacs and goes up to 1.25 crore. Places like Borivali, Thane, etc are slightly cheaper and you can get a decent 1 bhk in the range of 70–80 lacs. Navi Mumbai Region- UpTo Vashi it's very costly@ 85–90 lacs and beyond that at places like Kharghar n all the rates are slightly cheaper.
It depends on the location and the budget. you can get a home in between 40 lacs to 1 CRS totally depends on your budget, location, and amenities.
The probability of prices of 1 bhk flat in Mumbai for sale, will be somewhere around 5–6 Cr. (no guarantee)
Staying and not staying in a 1 BHK flat is entirely your decision. Having a financial plan is important whether you want to live in a 1 BHK,2BHK, etc. It totally depends upon your budget and flexibility.
Rent in Mumbai is very high due to demand. But the question is why is there such a huge demand for a 1 BHK flat? There are many factors resulting in increased demand for apartments one of them is jobs. Mumbai is the financial capital of India and the home of Bollywood and the capital of India’s most productive state, Maharashtra. Mumbai is a huge corporate hub providing jobs to millions of people. Jobs and opportunities bring people to Mumbai. Another factor contributing to Mumbai’s really high rent is the fact that Mumbai is covered by sea from 3 sides and there is no scope for expansion of the city. Due to these restrictions, areas like Vasai, Nalasopara, Kalyan, Navi Mumbai, Thane, and other suburbs were developed. The only public transport connecting these places from Mumbai is our lifeline the local trains. But they are too crowded. The most important factor contributing to these high rents is the property rates. Someone who rents the property to the tenant expects some returns on his investment in the form of rent.
yes, you can look for a PG(paying guest) accommodation.
Flat searching can be time-consuming, but using some useful sites you can easily find flats, rooms, apartments for rent without having a broker. On this website, you can choose a flat according to your requirements in your locality and you can directly contact the owner for the price.
There are many such places, every suburb has a posh and a cheaper section, all depends on how much you have, and how much are you willing to travel, what's more, necessary for you. You can get the list of areas and property rates based on the area in Google. In general, even a 1 BHK (1 bedroom, 1Hall, 1Kitchen) usually a 450 square feet area will cost at least a crore in Mumbai i.e Churchgate to Dahisar and CST to Mulund. If you can adjust go for it, if you have time at hand you can invest in under-construction properties you can get a cheaper deal. So to conclude one can't name a specific area as best and cheap, it all depends on what you want to do, Mumbai is pretty much similar everywhere.
Finding an economical 1 bhk flat in Mumbai is not the easiest task but you need to take certain factors into consideration which are as follows:- Decide on the location — You have to decide on location before anything else. Rent depends on your location. As you haven't mentioned the exact location, we can give you a generalized suggestion. Mumbai is the costliest in terms of rent. As you go north rent decreases. Also in Thane and Navi Mumbai rent is on the lower side. Now it depends on your work location/college where you want to live and how much travel you are willing to do. But you can always have an option of traveling by local which is an economical option. Also, try to find a place which is a bit far from your office/college if you want to save on rent. Avoid brokers — It's a quite difficult task but tries to avoid brokers in Mumbai. Because your overall cost will increase as you have to pay brokerage to them which is 1-month rent and in some cases, it's 1 and half months rent. Try to search online — There are so many online platforms you can try out. Affordable Homes is one of them where you can opt for your favorite 1 BHK apartments according to your desire, flexibility, etc.
Apartment Decorating Ideas to Make Your Space Feel like Home Put things on the walls. Hanging things on the walls is my number one way to make any place feel homier. Paint. Temporary Wall Treatments. Hang Curtains. Be Bold and Paint Furniture. Hide What You Don't Like. Change Up Lighting.
As the cost of buying a home in India is going up, 1 BHK flat in Mumbai is gaining traction among homebuyers as a viable option to invest in. If you are also planning to invest in a 1 BHK apartment, PropGuide gives you four reasons why this configuration can be an ideal choice: Affordability Demand-supply economy Lower utility cost Rentable
Affordable: needless to say that 1 BHK flat in Mumbai is much more affordable than a 2 BHK unit. For a first-time, home buyer who is tight on budget, a 1 BHK flat is an ideal option to buy. Affordable means less price range, smaller EMI amount, and a smaller down payment amount.
Many of us are aware of the benefits of investing in a 1 BHK apartment. Investing in a 1 BHK flat in Mumbai is beneficial in various ways to most investors. Following are the reason in which an investment of 1 BHK will get better returns. If you are an outsider If you are a student If you are newly married or are in the initial stages of your career Can save up monetarily Can easily pay off the loan.
It is difficult to find a 1-BHK flat in the Mumbai unit in several societies, especially in big cities. At the same time, due to its space crunch, it can become difficult for some, especially families, to feel a sense of comfort in such apartments. Storage can also turn out to be a major hassle in such a unit.
Mumbai has been fairly pricing inelastic because of the immigration from major cities as well as tier II & III cities to Mumbai by young graduates seeking jobs due to dearth of job creations in the other part of India as well as the growth avenues offered by a myriad of business fostering in Mumbai. As aforesaid massive trimming of areas in every nook and corner of apartments helped developers to bring the concept of box pricing to suit consumer demands. The shrinking affordability of average Indian, case in point Mumbaikars due to high cost of living including traveling, electricity, education, medical expenses, grocery, maintenance bills, etc lands them up with very less disposable savings which limit the affordability to buy lavish & spacious apartments and hence restricting sizes of apartments remain the best suitable proposition to be offered to buyers directly curbing their infrastructure cost like electricity & maintenance as well as property taxes.
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