1BHK Flats In Mumbai
Introduction
1 BHK makes for an ideal home for a first-time homebuyer on a budget.
Less capital involved would mean that the homebuyer will have to make a small down payment and smaller equated monthly installments.
A 1 BHK flat in Mumbai is a good investment, as the high demand from young families and working professionals ensures attractive rentals.
Apart from this, 1BHKs in Mumbai come under the affordable housing segment, which was given infrastructure status in the Budget 2017-18. This segment is now linked to subsidised home loans for low-income group households when buying a smaller unit.
Key localities offering 1 BHKs
Virar
Virar is the northern suburban sector of Mumbai, having come a long way from a distant suburb to a well-connected residential location. With the upcoming metro line, a 140 kilometer 12-lane corridor planned from Virar to Alibaug, it is poised to be the next big thing. Close to shopping malls, theatres, restaurants, prominent educational institutions and healthcare facilities, these 1 BHKs in Virar are a promising investment option.
Bhandup
Bhandup, an eastern suburb in Mumbai, is a fine example of an ideal marriage between commercial and residential spaces. The locality has undergone a considerable makeover over the years, and now is easily accessible by road and rail routes (Central Line). The perks of living here include getting homes in safe, secure gated communities (plenty of new constructions in Bhandup), an array of dining options around you and an easy access to some of the best schools in the city among others.
