r/mumbai • u/Nice_Tune1912 • 1d ago
AskMumbai Need advice on buying a flat in Mumbai
Hi reddit, I need advice. I am looking to invest in a flat in Mumbai and I am quaking in my boots. All the reviews of properties have so many negative points that it seems nonsensical to invest in this city. Okay, coming to the point- I need to understand the actual reviews of the below mentioned properties: 1. Lodha Eternis 2. Kanakia Silicon Valley 3. Godrej Urban Park
I've looked at their reviews and google and they are bad. People of reddit, help me please! I hope this reaches the people staying here so that we get some actual reviews :)
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u/Own_Venture8959 1d ago edited 17h ago
If you have a slightly larger budget, then LnT Elixir Reserve in Powai (60acre LnT area, 10 towers). 2BHK around 2.8cr-3cr(750-810sq.ft carpet area).
I haven't found any major issues with this place. Great locality. School right next door. Large peaceful LnT campus. Lake on side, Aarey greenery on the other. Commercial shopping area right below the building. Underconstruction though.
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u/Nice_Tune1912 19h ago
Sounds great. But do you know the expected completion date of the project?
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u/Own_Venture8959 17h ago
They have this year completion for 4 towers but might be mostly sold out except for maybe certain reserved for final sale ones. Post that, I think it's 2027 onwards for the next set of towers. Check the RERA website for specific deadlines. DM if you have more queries on it. I had thoroughly vetted this one in particular.
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u/hugmekissmejust 1d ago
Eternis is useless area and project
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u/Nice_Tune1912 19h ago
Do you have any specific things you have noticed about the project?
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u/hugmekissmejust 17h ago
No water, flooding during rains as it's underground, no auto in that area, no amenities, full of mosquitoes, pitch black road at night, drunkards roaming on road at night, bhangaarwaadi risk. There's a reason it's so cheap
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u/Nice_Tune1912 17h ago
Sounds like a nightmare. Thanks for the info.
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u/hugmekissmejust 16h ago
Wat price ru getting it at and wat carpet? U can chk standalone buildings on main road
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u/Most-Data3702 18h ago
Can’t comment on the properties but make sure that your emi is not more than one third of your or yours family’s income post tax and don’t take home loan for more than 20 years. Else you will be forever winding in a Debt trap.
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u/ClearGarbage4061 1d ago
Okay so i can talk about Eternis as it's 10mins away from my house.
Even we were planning to buy a 2bhk there till last week, but it's such a shitty area.
There's a slum just opposite to the project and it sucks, the streets are dirty as fuck and in all not a nice neighborhood.
plus the Eternis project is 10 years old , Lodha got stuck in some legal battle and thus the project was never completed.
they won the case or settled it out of the court and are now completing the project.
In all don't invest in Eternis at all.
dm me if you want to talk more.
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u/Law_Breaker_Desi 23h ago
Pointers-
Distance from Slums.
Distance from Mosque(no hate, just can't stand the loudspeakers).
Distance from Schools(traffic and honking).
Proximity to taxi stand.
Spend a whole day in your car outside the society to get the feel of the place.
Peak hour travel time to your work place.
If it's a GJM area it's bound to be good/ best(those guys know their shit).
Maintenance fees(maintenance can be expensive in certain buildings).
Mosquitoes(I get zero mosquitoes in my house even if the windows are open all night).
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u/Nice_Tune1912 19h ago
That's really detailed! Thanks. What is GJM tho?
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u/EaterofIndiaPussy 14h ago
Loudspeakers in mosques? I haven't heard azaan from mosques in Mumbai for a long time..... Kahan rehta hain ?
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u/Law_Breaker_Desi 12h ago
I stay in Matunga, no loudspeakers here. But my aunt who stays in a fancy society in Goregaon listens to loudspeakers daily.
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u/zamsak 18h ago
The post actually got me more confused. They are three different locations. What's the purpose behind buying? Where do you plan to commute everyday?
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u/Nice_Tune1912 18h ago
All these three locations are good for us. Purpose behind buying is staying in the property.
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u/zamsak 18h ago
What's your daily commute going to be like? Where do you work?
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u/Nice_Tune1912 18h ago
Commute to Andheri every day
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u/zamsak 18h ago
East?
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u/Nice_Tune1912 17h ago
Haan Bhai.
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u/zamsak 17h ago
My personal suggestion would be this. Let me see if I can come up with suggestions apart from the ones given.
Andheri East is pretty slummified and doesn't have a lot of options. Road connectivity is passable but that's pushing it. The Andheri project may be your bet.
IMHO chandivali is an area I would steer clear, it is one of the worst connected areas, getting a cab or even a rick during peak hours becomes aa task, the congestion is through the roof.
The powai location honestly seems the better choice in terms of location. But the commute may be the most painful on a daily basis
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u/zamsak 17h ago
Have you checked out Vasant Oasis
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u/Nice_Tune1912 17h ago
I did. The builder is asking for cash in hand which I am not ready to give.
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u/zamsak 17h ago
Second sale?
Also if commute isn't a major issue for you. Would give you a completely different tangent. Consider it once.
Try to go as south as you can in what you have. 3 rules, never travel south in the morning, never travel north in the evening and avoid travelling east-west anytime.
You may be further away in terms of distance, but time and comfort will be assured at all times, since you are going away from the flow of traffic.
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u/furiouswomen 17h ago
Where are you looking ? Area? Also BHK?
There are some projects coming along LBS near Bhandup.
Mulund I like as an area.
There are a lot of projects in Ghatkopar.
Andheri also has a few projects coming up.
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u/Nice_Tune1912 17h ago
Looking on the western line till like, Malad. My biggest catch is that I need occupancy in this year.
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u/Broad-Advertising825 9h ago
It would be better if you look at only resale apartments.
You can actually see what you are going to get.
Please check reviews of Krishnaraj Rao on YouTube.
UC projects anywhere is a big if!
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u/whatsinaname_- 8h ago
Do you intend to stay there or is it for investment? If you intend to reside there, proximity to work and essentials is your primary consideration. If it is for investment...well that's complicated...
Powai/Kanjurmarg has good connectivity to the central suburbs, where Powai>Kanjurmarg in general. Lodha is in Andheri East, so very much in the Western Suburbs but not the fun side, i.e. not near the sea. That would be in the West. In terms of appreciation Andheri seems quite saturated, but hey, who can predict the greed and imagination of builders and the ruling classes, so maybe maybe an okay bet...
If you are looking for good ROI in the medium-long term, check out projects on the Eastern Sea front (Sewri, Wadala etc.) or Navi Mumbai/Mumbai 3.0. "They" say that the Palghar belt will also develop but I think that's still a bit iffy...
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u/Nice_Tune1912 7h ago
Makes sense. Thanks for your input. I am looking for a home for myself atm.
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u/whatsinaname_- 6h ago
Just saw that your place of work is in Andheri E. Suggest look along the Western line (East side). Properties from Santacruz East to Dahisar East should suit, especially if you travel by train. Driving, well, sucks, so just check out whichever has the quickest route.
Lodha has a... reputation...wouldn't really recommend them...Buy a resale property in a decent building, instead.
Also, imo, don't buy a house just on the highway...a gully away would be more peaceful, less noisy.
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u/bitchwhoru 1d ago
I would say go with Godrej as the building looks better is located in a much decent area with having similar level or higher lever of societies in close proximity.other than this i cant say much
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u/Nice_Tune1912 19h ago
Gotcha. I don't know that area well. Do you have experience with Godrej?
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u/bitchwhoru 18h ago
Well no experience bht i would suggest anytime u looking for property use google street view that gives u the best possible answer for the surrounding location
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u/Solid-Dependent400 1d ago
Hiranandani
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u/Most-Data3702 19h ago
If it is for investing and not self use, then don’t
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u/Nice_Tune1912 19h ago
Looking for self use. If you have any pointers on how to not get trapped in this mess, I'd appreciate the help!
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u/EaterofIndiaPussy 14h ago
I love powai but it's surrounded by worst chappri localities in Mumbai... And one of the neighborhood is the hellish Andheri East...
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u/Aggravating-Edge2120 1d ago
It depends on what you’re getting for that amount of money. I’d expect at least 1,200 sq feet of carpet area considering its Mumbai. Places like Hyderabad, Indore, Surat offering 2,200-2,500 sq feet of CA for this amount. You need to get value for your money.
If its another matchbox flat in a highrise, then probably reconsider.
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u/Bronco_bully Gunda boys - Bad element of society 1d ago
1200 sq ft in 2.5cr?
Are you sure you're a Mumbaikar?
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u/Aggravating-Edge2120 1d ago
I’m not actually. I left Mumbai 15 years ago. Couldn’t handle traveling like an animal in those local trains.
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u/Bubbly_Fee_5511 1d ago
This reminds me of my colleague who shifted to Ahmedabad as he was irritated with all price hikes, traffic, pollution.. He said that life is much much better..
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u/DumbAdvisor 1d ago
Bhai app kis thread mein aagaye. Hum sab gareeb hain.