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The Evolution of Mumbai Over The Last 7 Decades

Mumbai, one of the fastest growing cities of India has enchanted us with its charm. It’s fascinating to see the evolution of Bombay to Mumbai. The city and its people have evolved with time. The city has a remarkable British infrastructure that is a patrimony bequested. Numerous government bodies have vowed to transform Mumbai into a city that will be well connected with all its other counterparts.

The economical and infrastructural developments over the years have significantly transformed some of Mumbai’s major sections. Some of the prominent infrastructural developments in Mumbai are highlighted below:

Goregaon

With the help of Maharashtra government and Mumbai Housing board, one can witness a complete makeover of Goregaon. The high-rise buildings and luxury residential projects in Goregaon have transformed Mumbai’s Skyline. An extension of the harbour line is one of the reasons of the rising demand in the Goregaon property market.

Andheri

Being the hub of the entertainment industry, Andheri is one of the busiest stations. However, the recent development of metro connectivity has proven to be a sigh of relief for many office-goers in and around Andheri. Andheri has conveniently bridged the gap by providing connectivity to other major stations by Local as well as Metro. The locality has always been commercially well-developed. In addition to it, several residential projects have multiplied its value.

Matunga

Matunga is the first systematically planned locality of Mumbai that graced this area further with several economic developments. The Dadar-Matunga-Wadala-Sion plan of 1899-1900 ensured residents of Matunga a better living standard. However, the concept of premium living is proving to be a stepping stone in Matunga’s fast-track development plan. The prices of residences with premium lifestyle have skyrocketed in the flourishing property market of Mumbai. The real estate business has gone through a complete makeover leaving behind the conventional methods of business in Matunga.

Thane

Thane has been the favorite for those seeking a peaceful lifestyle. A large number of lakes and the sprawling lush greens makes this locality an eye-treat for locals as well as migrants. Despite its predictable lifestyle, the city is significantly changing in many ways. Along with well-maintained flyovers, and widened highways, proposed Metro connectivity, many other infrastructural developments are the factors that are contributing to Thane’s popularity. Such infra development activities are encouraging real estate developers to come up with unconventional residential projects to mould Thane in its best shape.

Mulund

Mulund, a cosmopolitan locality that is situated in the heart of Mumbai had a slow pace in industrialization but the winds of globalization slowly touching its skyline quickly changed the scenario. Soon old buildings and structures were replaced by magnificent skyscrapers, malls, and multiplexes. Today, one can witness incredible commercialization in almost all the corners of Mulund. The property market in Mulund is showing a constant upward trend paving the way for several new projects.


Evaluating the Market to Decide on a Price to Offer

The easiest way to obtain such data is from a licensed real estate agent. They can provide you with details about recent condo sells and the prices they sold for. This includes the location so you can compare prices for various neighborhoods. Such information is public record so you can get it on your own too if you aren’t using a realtor. It does take time to compile though.

Get it in Motion
You don’t want to drag your feet when it comes to getting one of the condos for sale in though. Most of them don’t stay on the market long at all. If you wait, the prices are going to continue going up. You also risk the locations where you would like to live not offering much. Prime locations such as the downtown area sell very fast!

Evaluating the market to find out what the price range is will help you to make an offer. You want to get the best deal you can. Avoid emotionally making an offer because you can’t stand the thought of not getting the property. If you can’t afford it, you will be stressed very month about the payment. Don’t put yourself in a position where they could possibly foreclose on you.

Offer Versus Asking Price
You may assume the demand for condos for sale in means the sellers can set the asking price and they always get it. This is why you need to do your homework before you place an offer. If a location is priced thousands more than what others in the area have recently sold for, you need to question why. Does it offer more value or is the seller after more money?

You can’t blame the sellers of condos for sale in for trying to get the most money they can for their property. If someone is willing to pay it, they are going to ask for it! However, most of them are also willing to accept a reasonable offer that comes to them. If you put that offer out there, they may accept it!

What if they Don’t?
One of the fears is the seller won’t accept your offer. You don’t have to worry too much about that when you try to buy one of the condos for sale in. Just put the reasonable offer out there as a starting point and see what happens. If they don’t accept it, are they willing to negotiate at all?

If the answer is no, you have to decide if you are willing to pay the price they are asking. If not, you need to look at one of the other properties available and repeat the process. If they give you a counteroffer, it will be somewhere between what you offered and what they asked for. You can accept it or you can give another counter offer.

This process can continue until you agree on a price or until one of you is no longer willing to budge. This process takes a bit of time, but it can save you a great deal of money on one of those condos for sale in high in demand. It certainly doesn’t hurt to give it a try!

Bentley Luxury Condos can help you to find your new residence in the Windsor Park area. This is a lovely location with plenty of beautiful scenery, places to explore, and great schools. You will feel very comfortable in such a community. There are all types of options for living here. This includes a condo or a home. We strive to help you get the perfect location, layout, and price for your needs. We are always available to answer your questions, to show you potential properties, and to help you navigate through the entire process.


Getting Pre-Approved for a Real Estate Loan

What does it Mean?
There is a difference between getting pre-qualified and pre-approved to buy one of the condos for sale downtown. The difference is a pre-qualification means you may be able to get the loan based on skimming of your income and other information. This is why you may get pre-qualified credit card loan offers from time to time. The information usually comes from a list.

When you are pre-approved for a real estate loan, it means you are able to get that money. You can use it to buy one of the condos for sale downtown that you are in love with. This process involves you actually applying for a loan, providing all of your documents, and completing everything the lenders needs to get you approved.

They will tell you the amount of money you can borrow and the interest rate. The offer is going to be good for a set period of time. Typically, it is going to be up to 90 days after you have been approved. Armed with this information, you can start looking around. Once you find the place you wish to make an offer on, they can help you to proceed.

Know what you can Afford
It doesn’t make sense to look for condos for sale downtown that are outside of your price range. With the pre-approval process, you are able to shop within your market price. You can use filters online to find those at or below your approved amount. You can talk with a real estate agent and they can refer you to real estate on the market that fits that amount too.

If you can find one of the condos for sale downtown that you want to make an offer on that is less than you were approved for, that is exciting! Not only does it mean you can buy it, but it also means you can reduce your monthly payments below what you know you can pay. That means more money for savings or you can use it to pay off the mortgage early.

Make an Offer
You have bargaining power with the pre-qualification for a mortgage loan. When you make an offer on one of those condos for sale downtown, the seller is going to see you are already approved. It can be enticing to them to accept the amount you offer rather than to hold out for another offer to come along.

Since you are already approved, you aren’t going to be on pins and needles after the offer, hoping you can get the money. It is very upsetting to some consumers who find the perfect place but then they can’t get approved for the loan. The closing can be done in less time too if you already have your loan approval completed.

Sometimes, there are credit report issues that prevent someone from getting the loan. Finding out about them early on before you look at property can be helpful. It gives you time to evaluate the situation and to work to clear it up. Then you can move forward with buying a place and not have unexpected surprises crash your dream.

Bentley Luxury Condos can help you to find your new residence in the Windsor Park area. This is a lovely location with plenty of beautiful scenery, places to explore, and great schools. You will feel very comfortable in such a community. There are all types of options for living here. This includes a condo or a home. We strive to help you get the perfect location, layout, and price for your needs. We are always available to answer your questions, to show you potential properties, and to help you navigate through the entire process.


4 Daily Habits to Adopt for Success in Real Estate & Life

Good habits are the foundation of wealth. If you watch successful people you will see their day is filled with consistent habits that save time, improve focus and ultimately help accomplish more daily. Successful people get up early, learn daily, make lists & set goals and track their progress.

• Get Up Early.

Make the first two hours of your day the most important. It will not only set the tone for the day but will give you a game plan for everything else that follows. These two hours can be used for activities you enjoy such as exercise, meditation or completion of a project or activity from the previous day. The early morning is free from distraction allowing you to do more of whatever you enjoy.

• 20 Minutes Of Learning Daily.

It is important in any business to know what is going on at all times. Trying to master every aspect of the business may seem intimidating but is less difficult if you spend some time on it daily. Regardless of how busy you may be you can squeeze twenty minutes of learning into your daily routine. You can find this time on an audiobook driving to or from an appointment or on the treadmill as you get some exercise in.

• Make Lists & Set Goals.

Success is often easier if you plan exactly what needs to get done. Before you go to bed you should plan for the next day. Tackle the toughest task first and go from there. Planning your goals not only makes you efficient but gives you a sense of direction and purpose. The most successful people in the world have one thing in common, they all say their goals out loud three times daily. This helps to reinforce their direction and keeps them on track in accomplishing their goals. Try it and see how much closer you get to reaching your goals!

• Track Progress.

If you don’t know what is working, is impossible to gauge the results? At the end of every day you should take some time to evaluate what you did to build on your progress. If you failed to do anything, you need to ask yourself why and then develop a new plan to stay on track.

You ultimately control where you go in Life. Changing habits is never easy but is essential for growth. Start by incorporating these four habits into your daily life and see the difference it makes towards your success.


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