5 BHK Apartments In Mumbai

The entire city is a dream haven for investment, but South Mumbai has its charm. The sea-façade luxury homes with French windows enlighten your day with sun kissed mornings. With the finest conveniences and advanced security, the top 5 BHK residential apartments in Mumbai await affluents.

Life experiences prosperity at the spacious abodes along with spheres to embrace solace and wellness. With development transforming the city massively, reflected in capital appreciation. Thus, investment in non-liquid assets in Mumbai is a wise decision for keeping the financial future secure for you and your loved ones. 

Unlocked! Reasons to Invest in 5 BHK Apartments in Mumbai 

Mumbai, Maharashtra’s capital city is undoubtedly the city light saga for aspiring homeowners and wealth creators. Thus, developers too enthusiastically introduce extraordinary residential projects with high floor plans. The large ticket sizes decorate lives with a safe, scenic, spacious, and stylish homely atmosphere.

Likewise, there are multiple reasons to invest in 5 BHK apartments in Mumbai. Thus, here we shed light on some of them.

Portfolio Creation

India’s financial capital is home to business giants and Bollywood celebrities. Also, high-net-worth Individuals (HNIs) and Non-resident Indians (NRI), find 5 BHK apartments in Mumbai for sale as the choicest investment option. With ascending prices of immovable assets in India’s financial capital, add value to the financial status. Thus, affluent people prefer to make real estate investments in Mumbai and win over capital appreciation in the future.

Legacy Building

With transforming landscapes and fast-pace development, aristocrats build a legacy. The modern and lavish designs manifold private living affairs with constant raise in capital value. Thus, an investment in the top 5 BHK apartments in Mumbai is a way to disburse financial fortune for the next generations.

Income Tax Rebate

The real estate investment in the city has multiple value additions. While ascending asset value, it also renders income tax rebate to investors under the Income Tax Act. Also, the tax holiday on capital gains and more leads to a pleasant investment experience.  

Passive Income

With Bollywood and other fraternities having a prominent presence in the city, demand for luxury homes increases. Thus, HNIs and NRIs investors in Mumbai, reap high returns on investment.

Top Locations to Buy 5 BHK Apartments in Mumbai 

• Cuff Parade - A coveted locality with affluents as neighbours enjoys a calm and charismatic lifestyle. The place best known for excellent connectivity and high-end lifestyle lures aristocrats. Developers including Lodha group and more, introduce remarkable residential projects with the best 5 BHK apartments in Mumbai for sale.  

• Worli - Another sought after-destination in the city welcomes a selected few to embrace joyful living. The scenic view of the Arabian Sea from the balcony or the deck of luxury abodes delights residents. Also, the Bandra-Worli sea link and Atal Setu, at just a stone’s throw away distance, balance personal and professional life.

• Sewari - Another popular residential destination in the city grabs investors’ attention. The sky-scraping homes and top-notch amenities here celebrate extraordinary lifestyles as an everyday routine.

Stamp Duty Registration Fee – Things to Know about 5 BHK Apartments in Mumbai

Mumbai, the city of dreams has distinguished segments for stamp duty and registration fees. The city, known for its grandiose nature, brings relief to homebuyers by classifying properties based on localities.Like, 

• The properties falling under the municipality limits of any urban area, incur a stamp duty of 6% for men and 5% for women homebuyers. While the registration fee remains 1% for both.
• For properties falling under the limits of any municipal council/cantonment of any area under MMRDA/ Panchayat, ask for a stamp duty of 4% for men and 3% for women property buyers. While the registration fee remains 1% for both.
• Lastly, residential properties falling in the limits of any gram Panchayat hold stamp duty value of 3% for men and 2% for women property buyers. However, the registration fee remains 1% for both.