Car Parking in New Mumbai Projects: Garage, Covered and Open Parking Explained
Quick answer: in new projects in Mumbai, open parking is a common area and cannot be sold. A garage (roof plus walls on three sides) can be sold. Covered parking – basement, podium, stilt or mechanical – is allotted under the project’s rules, and MahaRERA expects the type, number and size of your parking to […]
Joint Ownership: Buying a Luxury Flat With Your Spouse or Family in Mumbai
Quick answer: buying a luxury flat jointly – with a spouse, parent, child or sibling – is common in Mumbai. It can help with home loan eligibility and tax benefits, and can make succession smoother. But decide three things in writing at the start: who the owners are, what share each owns, and who pays […]
Renting Out a Luxury Flat in Bandra West: Leave and Licence, Registration and Police Verification
Quick answer: in Mumbai, a flat is usually let out under a leave and licence agreement. In Maharashtra this agreement must be in writing and registered – online or at a Sub-Registrar office – whatever its term. Then share the occupant’s details with Mumbai Police, inform your housing society, and declare the rent in your […]
Taking Possession of a New Flat in Mumbai: OC, Possession Letter and Snagging Checklist
Quick answer: before you collect the keys to a new flat in Mumbai, do three things. (1) Get a copy of the Occupancy Certificate (OC) – without it the building is not legally ready to live in. (2) Inspect the flat properly (“snagging”) and give the developer a written list of defects. (3) Read the […]
Site Visit Checklist for a Luxury Flat in Mumbai: What to See and Ask
Quick answer: on a site visit for a luxury under-construction project, check five things: (1) MahaRERA registration and approvals, (2) the real site and its surroundings, (3) the sample flat vs the written specifications, (4) your unit’s carpet area, floor and view, and (5) the full cost sheet and payment plan. Take notes, ask for […]
Selling Your Flat to Buy in Bandra? Capital Gains and Section 54 Explained (2026)
Quick answer: if you sell a residential house you have held long term and buy another home in India, Section 54 of the Income Tax Act can exempt the capital gain from tax – within time limits (buy up to 1 year before or 2 years after the sale, or construct within 3 years) and […]
Agreement for Sale Checklist: 9 Clauses to Check Before You Sign (RERA, Maharashtra)
Quick answer: the agreement for sale is the contract that protects you when you buy a flat under construction. Before signing, check the MahaRERA number, the carpet area, the total price and payment schedule, the possession date and delay compensation, the defect liability clause, the list of amenities and specifications, and the cancellation and refund […]
Maintenance Charges and Running Costs of a Luxury Flat in Mumbai (2026)
Quick answer: after you buy a luxury flat in Mumbai, the main running costs are society maintenance (service charges, repairs and the sinking fund), BMC property tax, utilities, home insurance and, in new projects, a one-time corpus fund and advance maintenance at possession. Amenity-rich projects cost more to run. For Godrej Bandra Bay, maintenance charges […]
West-Facing Homes in Mumbai: Sunlight, Sea Breeze and Vastu Explained
Quick answer: on Mumbai’s western sea front, a west-facing home is often the one with the sea view, evening breeze and sunsets. The trade-off is strong afternoon sun and exposure to monsoon winds, so glazing, shading and good ventilation matter. Godrej Bandra Bay at Bandra Reclamation is reported to be oriented west towards the sea […]
Carpet Area vs Built-Up vs Super Built-Up Area: How to Read a 4 BHK Size in Mumbai
Quick answer: carpet area is the usable floor area inside your home – the space where you can actually lay a carpet. Built-up area adds the walls (and often balconies). Super built-up area also adds a share of lobbies, lifts and amenities. Under RERA, homes must be sold on carpet area, so that is the […]