As someone who wasn't born and raised in Mumbai, the shock at seeing this city's property prices vis a vis their sizes is so understandable..even after 15 yrs here, they still astound me sometimes 🙂 And yes, as long-time tenant myself, I've had my share of gyaan dispensing people who go Oh, itne paise mein you'll get something much better blah blah...but over time, I've realized that people's perception of a 'good flat' may be vastly different than mine. So if you can afford it, go for what you like, no matter what a friend may be paying as rent. Yup, I have done my fair bit of adjusting and now Mumbai is among my fave places. The featured flat is really nice and the master bedroom is definitely very spacious by Mumbai standards. I loved how the living room was done up. Good episode.
The fact that u had to defend urself by commenting here shows that people's comment really stuck with you and you do regret it. Nobody in the right mind would justify the prices. But it's okay.
@@user-ui9ql9gx1t Um...genuinely curious....where did I defend myself? Just sharing experience and my own gyaan. Maybe you used the wrong choice of words?
Perception of 'good flat' will only be good with people who earn well or else you will adjust to any space with tight hands. But yes if i can i will too look for good flat as well, but will still pe skeptical of the price.
Some people just love anything. They love Mumbai and I know so many who just love Mumbai. I have only visited a few times and I got scared of the sizes. Felt claustrophobic. I never want to live in a small space. But I understand that for many people the vibe of Mumbai is worth it all. To each his own. I loved Pune though.
Itz abt safety too.. being a woman.. itz the only place in India whr i can roam abt freely.. do night shifts or late night meetings at offce.. at any time of the day or night
@@deviii33not a Maharashtrian but I've stayed in Pune for 6 months. That place is also quite safe for women. I've seen literally girls roaming on deserted roads in the middle of the night very causally and this is a frequent episode
I feel suffocated just by looking at the size of that apartment may be it's a tier 2 city thing but man I can't live in such a small space for such a long time.
Does not make sense: 1. No regrets renting in mumbai because it was cheaper than paying EMI 2. Bought a 2 bed appartment for investment purpose, to rent out??? 😳😳😳🤔🤔🤔🤷🏻♂️
He is renting his investment property apartment, so he takes the rent from his apartment and pays his own rent for the apartment he is living in. Idhar say liya udhar diya.
Buying a flat in Mumbai for Investment purpose is a loosing proposition. the builders price the flats in such a way that the price will not go up in next 10 years. if you rent out , the maintenance charges is half the rent from owners pocket. also people are moving to much nicer localities of Thane , Dombivali , Mira road and Navi Mumbai by selling small South Mumbai flats.
Mumbai house/ flat prices are extremely expensive as compared to civic infrastructure & per capita income. There is huge air pollution, traffic congestion, too crowded, roads overflowing with water during monsoon, pot holes, law and order issues, lack of water bodies, gardens, open play grounds and other such issues. No city is worth paying above Rs 5,000 per square feet in India.
As a mumbaikar i totally agree with you....even with all these issues property rates are soaring....the only good thing i feel about mumbai is that u can live ur persnal life here no one interferes...other than this it is just like any city in India
Mumbai has a different vibe, you won't understand only someone who is born and brought up will know. Only decent civic infrastructure doesn't make a city livable, it is the people and the environment. Mumbai is a mix of everything liberal/ traditional/ultra rich / poorest of poor. Even when you talk of infra, Mumbai is just marginally behind Delhi.
Civic infra is very poor. Law & Order Safety & security of citizens Public transport Congested, narrow roads Pot holes, overflowing garbage, roads under water during monsoon Very few open spaces, playgrounds No space for parking Very few or no lakes, greenery, gardens Crumbling healthcare Infrastructure as seen during Covid Very expensive housing compared to per capita income Poor air quality Shortage of drinking water. At least 140 litres of good quality water is needed per capita per day.
Undoubtedly Mumbai is way too overpriced. In my view the problem is many rich businessmen do not have too many options in India to stay comfortably and print notes like they can do in Mumbai. No matter what language or religion they have, Mumbai has no issue whatsoever regarding it. Also the Sea side, some good developments done by the British and overall good vibes in certain parts of Mumbai attracts them. So they are willing to pay any premium using their huge accumulated capital. But I wonder why the middle class is joining the party and losing their already less capital and becoming slaves of the system? As far as job opportunities are concerned, is it worth it to pay 20-30 years of salary in advance to the builder and then do a corporate job here for the next 30 years?
You are not getting it. If you pay 20-30 years of salary then it's not for you. Most people they don't have to pay from salary. It's their income. You get it.
In early 90s, I split my time between Bangalore and Mumbai. I lovedSouth Mumbai - it's people, street food etc... But I hated the density, cramped houses and crazy prices. I could not relate to the hurried life, planning a week in advance for movies (tickets had to be bought not booked like now), the sweaty trains.. Bangalore was heaven then... But, of late parts of Bangalore are no better.. They too are expensive, and cramped.
@@raj0224 I don't think so... If a person spends just for rent alone is able to manage his other and family expenses with in 1.98 lakhs... Atleast if he able to then he will end up in zero savings
Next time please tell us what will be the cost of the flat so that we can relate to the rent. For the same job in other cities what will be the salary. If there is a huge difference in salary compared to other cities than its worth else what ever you earn if you spend what is the use. Mumbai people can educate us.
How small and congested the flat is barely there is any space to move. Rooms are so tiny. Crazy prices and rent for something like this when the city doesn't have good civic infrastructure. Having lived in independent houses this thing will make me claustrophobic.
You can come to my apartment as well in Pune 10 minutes drive from Pune airport Little more spacious than this one with 5 balconies and 1/4 of the rental price price. Pune rocks
You cannot compare the two cities. We recently sold a very spacious well maintained 2bhk just off Karve Road and yet, that cost will barely cover half of a similar apartment in Mumbai 🤷🏽♀️
If you dig 10 -15 feet deep in the ground in majority of places in Mumbai one come across extremely bad stink/ smell because most of the Mumbai has been reclaimed using garbage, waste as a landfill.
I feeel so richh..... I stay in a 5 bedroom house with 5000 square foot area... Twobalconies two parking space .... I am a stock trader ... Iwoul never evet think about moving to mumbai aftr living in my spacious house. I wil have a swiming pool soon ....... My house costs around 3 crores in mangalore a well developed city mini mumbai
Same, I am from Jaipur 4 room house, all rooms have attached bathroom (all bathrooms are at least double the size what are shown here) with walk-in closet plus there personal small balconies . Spacious courtyard, living room with open kitchen and front garden. It costed 3 crores to build. Not in million years will move to cities like Mumbai and Delhi. Couldn’t ever imagine living in place like this.
@@Pavitrapavi97 i said because that is my side thing. Never mind. You should learn before judging and spewing venom. I thought You were an inspiration and i would take notes but you lost all respect.
I stayed in Sandy Flama for 3 years (2009-2012) in a 2 bed flat. Was more than enough space for 2 people. Good layout. Good facilities in the complex. Lots of area for children to play and also for the adults to walk and I remember playing basketball with other parents. Lovely and friendly people. I used to pay 50k which moved up to 55k. Sewri is in Parel area and was easy to get to South Mumbai or to Bandra and the airport from there. My son who passed away had a great time in his 3 years there and after losing him I left the city. Yes, the smell was offending when one opened the window :)
good episode. was able to experience quality of life and cost of living in mumbai sitting afar in noida. one of my friends moved their few years back and bought a flat for 3CR. Buying flat with such insane amount of money doesn't make sense to me, owning land is better investment.
In Noida, Yes. Not in gurgaon anymore & I am not talking about central gurgaon where property rates are much higher. 9000-15000 sq ft. Is norm in new gurgaon & dwarka. 18-25000 is golf course extension.
its just 900 sq ft so small and that too at 1l per month rent. here in jaipur i live in a better locality than this . our house is 2000 sq ft big far better than this quality wise and we give it on rent at 14k pm 😅
@@ayushgarg8396 only 14000? 😮 Wow where is it in Jaipur? I live in a place called Thane which is a little outside Mumbai, but even here a 1bhk flat of 500sqft will have 20k rent pm
De congestion is necessary for Mumbai. For that to happen other cities in Maharashtra needs to be developed so that people start to migrate from Mumbai. It's already so populated that nothing can be done to ease the burden on infrastructure or transport.
What our maharashtra! Don't act like an idiot. Mumbai and Maharashtra belongs to all Indians just like any other city or state in any other part of country. People from all parts of the country have contributed towards making Mumbai what it is today. People who born in Mumbai, which is just a matter of chance, act like they own it and think that Mumbai is their ancestral property. However they have not contributed anything towards making it. Sheer foolishness
Mumbai has 2-3X Bangalore's rent. Where in Whitefield are you paying Mumbai rents? You should easily get a good 2BHK for 25-30K and a big 3 BHK for 30-35K anywhere from Marathalli to Hoodi to Hope Farm of Whitefield. Add another 5-8K for a gated community with all amenities. I see most main roads are 4 lanes in the area and with Metro opening up next month, the area I hope gets even better at traffic. Needs public areas like parks though.
15:30 It might have gone down for time being just as the way stock market does, I guess he is not keeping track of the ongoing infra projects... its a wise decision to investment in Sewri...prices are going to shoot up once MTHL and Sewri Worli elevated corridor opens up Sewri will basically become the chembur of South Bombay.
I love how people criticise the size etc. but Mumbai is where all want to be secretly🤷♀️🤷♀️ it was a lovely home with amazing amenities not to mention a great safe area to live in
I liked the flat, location is perfect,nice view Having said that different people have different choice I myself want to live in Mumbai but everyone don't
Not all of us. I would like to live in Delhi but the pollution and lack of safety for women is an issue. Would also love to live in Goa but not sure about the safety aspect
I honestly don’t think most outsiders would ever want to live in Mumbai if their jobs/careers didn’t demand it. Ask a business class person from NCR or even a smaller city like Chandigarh or Jaipur if they could live like this. Don’t get me wrong, I understand that if you were born in Mumbai then this is all absolutely normal. But for anyone who wasn’t born there and who doesn’t have a job/career prospects there, then this seems like hell.
When he says EMI should not be more than 4X of Rent, what is the calculation he is telling ? Can someone explain ? I do understand that if rent is 1-lac then EMI should not be 4-lac which means 4-Crore property.., does he mean that ? Is it profitable to buy if its 3X or 2X ? Can someone explain !
Sewri is a slum area with muslim dominant area. That's why owner is regretting buying. People should research area demographics first to buy anything in Mumbai.
it depends which part of sewri, Dosti side it all complexes and towers, ajmera and couple of other builders also have properties there and Sewri is the only last few places in South Mumbai were vacant land is available for builders, if you take the freeway you can notice the vast lands as chemical factories are mostly lined up in this area.
@@flowzeta5412 yes. It's not about slum. It's more to do with muslim ghettos.. attacking hindu girls and women . Attacking hindu festivals. I will prefer hindu slum to muslim dominant high rise building .
@@DruvJain-tu4gy technically it is South Mumbai. Not an affluent neighborhood sure, but still South Mumbai. Also this society is pretty decent, I have been there.
Well I stopped at 2:10 the moment he mentioned he is in Merchant Navy. 1 lac is peanut for him with what he must be earning in USD per month without any tax liability.
In this day and age of work from home you don't need to be in such claustrophobic places on rent at 1 lakh, you hv better choices in pune, you will get atleast double this size for the same rent in pune
@@amolkhobaragade He might be earning more than 5-6 lakhs per month, that's why it is affordable for him. Also he said he had purchased flat of 4 crore in the nearby area , so you can imagine the amount of money he is having.
1 lakh n 2 thousand for this tiny flat where you can't even breath properly is really shocking to see its way expensive n place is so congested , this may give claustrophobic vibes other big cities offers bigger space at better pricing
why not stay in Pune or other city? is he still working or retired? 3-4 acre zamin mil jaata near pune. instead of 4 crore apartment.. later retirement main vegs ya mango farming karta.. but ya some people think farming and all that is low class
What happens to very old buildings with residents ?? Who repairs ? And there is a level to repair, you can't repair beyond the lifespan of concrete and steele so what happens then???
No instead, it will / has inflated price of Ulwe. Besides. It will not be seen as South Mumbai and for that reason not seen as a premium area though the prices may be like that
@@lhxperimental Prices always go up when an area gets infra like in this case Ulwe. Plus it will open up areas for the middle & lower middle class who can stay near Ulwe, Kharkopar, Uran, etc as they can access business districts like Lower Parel, BKC, Fort, etc Also with Mumbai Metro Gold line which goes from NMIA to CSMIA it will become even easier. So all these infra projects will open up residential markets & hence there wouldn't be a need to stay in the heart of South Mumbai. This analysis is only for middle & lower middle class not for upper middle class.
The tenant focused too much on the sea view while getting the flat. So probably he didn't care to think about the interior structure of the house and the space within
I have found Mumbai way too overpriced, very crowded and very dirty. I loved the monsoons, loved the festival spirit be it dahi handi or deepawali or navrathri. I totally despised the traffic and bad roads even in the so called billionaires backyard. Hiranandani gardens Powai was an exception, clean, lush green and splendid views of the powai lake. Even there prices were obscene. I understand people have personal preferences but it buy such a small suffocating apartment in Mumbai you could live in a massive villa in a cleaner organized greener and lovelier city. The only thing I miss about Mumbai the lovely rains during monsoons. That apart Mumbai is overrated
Waste of money renting, instead buy one and you would probably be paying similar in mortgage repayments and then you would be able to sell the property
1.2 lakh as rent for such small apartment is just insane, either it is in Mumbai or not🥲... Mumbai real estate is just so over-priced and over-inflated. I hope that someday that bubble will burst..
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Mumbai humbles you. No matter who you are.
new york, london humbles you even more
As someone who wasn't born and raised in Mumbai, the shock at seeing this city's property prices vis a vis their sizes is so understandable..even after 15 yrs here, they still astound me sometimes 🙂 And yes, as long-time tenant myself, I've had my share of gyaan dispensing people who go Oh, itne paise mein you'll get something much better blah blah...but over time, I've realized that people's perception of a 'good flat' may be vastly different than mine. So if you can afford it, go for what you like, no matter what a friend may be paying as rent. Yup, I have done my fair bit of adjusting and now Mumbai is among my fave places. The featured flat is really nice and the master bedroom is definitely very spacious by Mumbai standards. I loved how the living room was done up. Good episode.
The fact that u had to defend urself by commenting here shows that people's comment really stuck with you and you do regret it. Nobody in the right mind would justify the prices. But it's okay.
Sirry
@@user-ui9ql9gx1t Um...genuinely curious....where did I defend myself? Just sharing experience and my own gyaan. Maybe you used the wrong choice of words?
Perception of 'good flat' will only be good with people who earn well or else you will adjust to any space with tight hands. But yes if i can i will too look for good flat as well, but will still pe skeptical of the price.
Better to find a house in our Begusarai Bihar, it's much cheaper! Jay Bihar 🙏🏿
Some people just love anything. They love Mumbai and I know so many who just love Mumbai. I have only visited a few times and I got scared of the sizes. Felt claustrophobic. I never want to live in a small space. But I understand that for many people the vibe of Mumbai is worth it all. To each his own. I loved Pune though.
yeah mumbai houses do feel claustrophobic.
Itz abt safety too.. being a woman.. itz the only place in India whr i can roam abt freely.. do night shifts or late night meetings at offce.. at any time of the day or night
@@deviii33not a Maharashtrian but I've stayed in Pune for 6 months. That place is also quite safe for women. I've seen literally girls roaming on deserted roads in the middle of the night very causally and this is a frequent episode
@@sorz26 Maharashtra cities in general are safe for women.
@@deviii33 you can do the same things in Bangalore living in a much better place
I feel suffocated just by looking at the size of that apartment may be it's a tier 2 city thing but man I can't live in such a small space for such a long time.
My two-storeyed house in Agartala, Tripura is five times the size and is valued at no more than 1 Cr
Small spaces really scare since I'm claustrophobic 😁😢
@Joy bhai 800 sqft 5000 taka kore ki kore 80 lakh hoy eta bojha..😂😂😂
Does not make sense:
1. No regrets renting in mumbai because it was cheaper than paying EMI
2. Bought a 2 bed appartment for investment purpose, to rent out???
😳😳😳🤔🤔🤔🤷🏻♂️
Jab rent kiya tha uss zamaane mein tab paise nahi hoge, ab hai isiliye 2 bhk - 4cr.
Ha ha, many contradictions here
There is no contradiction because he also says that he regrets the decision to buy the 2 bed apartment. He made a mistake.
@@ppen8359 aap kehna kiya chahte ho ji???😳🤔
@@1354pj That point number 2 that you mention was a regrettable decision.
4 crore in Sewri for a 2 BHK back in 2017 was a bad deal.
It was a randwa deal lol 😆
It's much more affordable to live in our Bihar, Jay Bihar 💪🏿
@@missionpehlapageair1holypdf 😝😝😝😝😝free main v nahi rahunga main😝😝😝😝even in a luxurious villa
@@missionpehlapageair1holypdf dude is comparing Bihar and Mumbai😂
I do not think he bought the 2BHK in Sewri. He lives in Sewri.
1 lakh rent is very affordable, besides I did happen to see some trees with money in the complex, I think he's paying his rent from there 😄
😂😂😂👌👌very affordable
Correct 💯
😂😂
He is renting his investment property apartment, so he takes the rent from his apartment and pays his own rent for the apartment he is living in. Idhar say liya udhar diya.
Buying a flat in Mumbai for Investment purpose is a loosing proposition. the builders price the flats in such a way that the price will not go up in next 10 years. if you rent out , the maintenance charges is half the rent from owners pocket. also people are moving to much nicer localities of Thane , Dombivali , Mira road and Navi Mumbai by selling small South Mumbai flats.
Yes a lot of people are going to be poor in Mumbai when they retire
mira road is expensive as well, plus dangerous as compared to dombivli, kalyan and navi mumbai. Thane is already expensive
@@madhurshinde4988 Mira road and Thane is 1/5th the price of South mumbai flats. you can still get 2BHK below 1 CR in these areas.
Mira road is a 💩💩💩
Better to go to panvel and beyond
@@madhurshinde4988 dangerous in what sense?
Mumbai house/ flat prices are extremely expensive as compared to civic infrastructure & per capita income.
There is huge air pollution, traffic congestion, too crowded, roads overflowing with water during monsoon, pot holes, law and order issues, lack of water bodies, gardens, open play grounds and other such issues. No city is worth paying above Rs 5,000 per square feet in India.
totally agree. especially Mumbai I don't get wot is so special about it?!
As a mumbaikar i totally agree with you....even with all these issues property rates are soaring....the only good thing i feel about mumbai is that u can live ur persnal life here no one interferes...other than this it is just like any city in India
Mumbai has a different vibe, you won't understand only someone who is born and brought up will know.
Only decent civic infrastructure doesn't make a city livable, it is the people and the environment.
Mumbai is a mix of everything liberal/ traditional/ultra rich / poorest of poor.
Even when you talk of infra, Mumbai is just marginally behind Delhi.
True
Civic infra is very poor.
Law & Order
Safety & security of citizens
Public transport
Congested, narrow roads
Pot holes, overflowing garbage, roads under water during monsoon
Very few open spaces, playgrounds
No space for parking
Very few or no lakes, greenery, gardens
Crumbling healthcare Infrastructure as seen during Covid
Very expensive housing compared to per capita income
Poor air quality
Shortage of drinking water. At least 140 litres of good quality water is needed per capita per day.
probably the only city in the world which has the worst infrastructure yet skyrocketing house prices.
Yeah only thing which I like about Mumbai is the skyline.
Mumbai is overrated, it sucks
Undoubtedly Mumbai is way too overpriced. In my view the problem is many rich businessmen do not have too many options in India to stay comfortably and print notes like they can do in Mumbai.
No matter what language or religion they have, Mumbai has no issue whatsoever regarding it.
Also the Sea side, some good developments done by the British and overall good vibes in certain parts of Mumbai attracts them.
So they are willing to pay any premium using their huge accumulated capital. But I wonder why the middle class is joining the party and losing their already less capital and becoming slaves of the system?
As far as job opportunities are concerned, is it worth it to pay 20-30 years of salary in advance to the builder and then do a corporate job here for the next 30 years?
Well said. And provided the corporate career lasts that long. It may not and then one is in a soup
You are not getting it. If you pay 20-30 years of salary then it's not for you. Most people they don't have to pay from salary. It's their income. You get it.
you think this guy earns 4 Cr per annum?
In early 90s, I split my time between Bangalore and Mumbai. I lovedSouth Mumbai - it's people, street food etc... But I hated the density, cramped houses and crazy prices. I could not relate to the hurried life, planning a week in advance for movies (tickets had to be bought not booked like now), the sweaty trains..
Bangalore was heaven then... But, of late parts of Bangalore are no better.. They too are expensive, and cramped.
I feel the same.
You are just witnessing the urbanisation of the country. Better to accept the present instead of romanticising the past, which will not help.
I love how they have furnished the house especially the hall. Furniture, carpet, fixtures and the light green paint combination look regal 2:17.
1.02 lakh per month is coming to affordable bracket to whom?
Anyone who earns more than 3lakhs in hand!
@@raj0224 I don't think so... If a person spends just for rent alone is able to manage his other and family expenses with in 1.98 lakhs... Atleast if he able to then he will end up in zero savings
@@raj0224 may be 8 lacs for both husband and wife
Next time please tell us what will be the cost of the flat so that we can relate to the rent. For the same job in other cities what will be the salary. If there is a huge difference in salary compared to other cities than its worth else what ever you earn if you spend what is the use. Mumbai people can educate us.
He is in merchant Navy and the salary is very high there...also no tax as it's a NRE ACCOUNT
How small and congested the flat is barely there is any space to move. Rooms are so tiny. Crazy prices and rent for something like this when the city doesn't have good civic infrastructure. Having lived in independent houses this thing will make me claustrophobic.
You can see his wife is angry to live in Mumbai.
You can come to my apartment as well in Pune
10 minutes drive from Pune airport
Little more spacious than this one with 5 balconies and 1/4 of the rental price price. Pune rocks
Punekars come to Mumbai. Not vice versa.
Mumbai is one of the costliest real estate in the world so it is not costly
You cannot compare the two cities. We recently sold a very spacious well maintained 2bhk just off Karve Road and yet, that cost will barely cover half of a similar apartment in Mumbai 🤷🏽♀️
Mumbai has 4 beaches = aksa, versova , juhu , girgaun. Pune has nothing.
@@booksquotes948 Pune has 3 rivers, surrounding mountains and green patches which can only be dreamt in Mumbai
If you dig 10 -15 feet deep in the ground in majority of places in Mumbai one come across extremely bad stink/ smell because most of the Mumbai has been reclaimed using garbage, waste as a landfill.
I feeel so richh..... I stay in a 5 bedroom house with 5000 square foot area... Twobalconies two parking space .... I am a stock trader ... Iwoul never evet think about moving to mumbai aftr living in my spacious house. I wil have a swiming pool soon ....... My house costs around 3 crores in mangalore a well developed city mini mumbai
you are lucky!
Amazing. Let's connect?
Same, I am from Jaipur 4 room house, all rooms have attached bathroom (all bathrooms are at least double the size what are shown here) with walk-in closet plus there personal small balconies . Spacious courtyard, living room with open kitchen and front garden. It costed 3 crores to build. Not in million years will move to cities like Mumbai and Delhi. Couldn’t ever imagine living in place like this.
@@anchitlalwani1 stop being desperate u losrr
@@Pavitrapavi97 i said because that is my side thing. Never mind. You should learn before judging and spewing venom. I thought You were an inspiration and i would take notes but you lost all respect.
I stayed in Sandy Flama for 3 years (2009-2012) in a 2 bed flat. Was more than enough space for 2 people. Good layout. Good facilities in the complex. Lots of area for children to play and also for the adults to walk and I remember playing basketball with other parents. Lovely and friendly people. I used to pay 50k which moved up to 55k. Sewri is in Parel area and was easy to get to South Mumbai or to Bandra and the airport from there. My son who passed away had a great time in his 3 years there and after losing him I left the city. Yes, the smell was offending when one opened the window :)
So sad to hear about the heavenly departure of your son. May his soul rest in peace.
You don’t have to zoom at the commode dude
good episode. was able to experience quality of life and cost of living in mumbai sitting afar in noida. one of my friends moved their few years back and bought a flat for 3CR. Buying flat with such insane amount of money doesn't make sense to me, owning land is better investment.
8:45 The bookshelf features Hilary Mantel's Wolf Hall. Great book. Won Booker Prize in the late 2000s
He has some deep voice..❤
In noida and gurgaon one can easily buy 1500 square feet apartment in 1 crore in decent soceity.
In Noida, Yes. Not in gurgaon anymore & I am not talking about central gurgaon where property rates are much higher. 9000-15000 sq ft. Is norm in new gurgaon & dwarka. 18-25000 is golf course extension.
Wow. 1L rent plus roughly 3.5L+ emi for home loan for 4cr. What do you do for a living ?. Nicely kept house. 😊
He is merchant mariner.. considering his tenure & age.. I can assure you that must be earning 40lakh at-least😅
He mentioned....a shipy !!
@@8080408729a 40 lakh after taxes is not a lot. Maybe his wife earns well too.
Very eloquent gentleman
Anyone who buys real estate in expensive locations in Mumbai should have regret because they have literally burned their money away.
Riya Chakraborty keeps buying apartments.
I think in terms of spaces and value for money, Hyderabad is currently the best followed by Pune
come to noida
...
bhai noida me hamare yaha itne size ke verandah hote hain..jitna ye pure flat ka size hain
Can anyone explain why mumbai is so damn expensive? It will be one of the costiest place on planet. Delhi except south delhi has 1/3 price of mumbai.
It's artificially inflated by builders, i hv heard that 5-6 lakh apartments are ready to move in but they are not ready to low down the hike...
Please come to other cities as well. Like Hyderabad.
Market is not that hot .
What a beautiful and loving family. Stay blessed 😃
in terms of real estate mumbai is father of all over India!
Yeah, no wonder the sector is the longest running scam in India
@@AjayKumar-hh6hx you should learn supply demand economics
@@DruvJain-tu4gy Sure. I suggest you learn economics and its relationship to human activity.
even in terms of slums too 🤣🤣🤣
Dosti charges as good as one in Colaba market .. but again Andheri Lokhandwala charges close to lakh for 3 bhk
Forget Lokhandwala, now even some apartments in Goregaon and Malad are charging above a lakh!
@@megsie1424 bro govandi has 1 lakh rs apartments
@@gnanasabaapatirg7376that maybe some raheja apartment in govandi east
The place is very well done up and the rent too seems affordable
Done up yes. Affordable ? Thats subjective 😅
I won't live in mumbai after this. Its overrated.
its just 900 sq ft so small and that too at 1l per month rent. here in jaipur i live in a better locality than this . our house is 2000 sq ft big far better than this quality wise and we give it on rent at 14k pm 😅
@@ayushgarg8396 only 14000? 😮 Wow where is it in Jaipur? I live in a place called Thane which is a little outside Mumbai, but even here a 1bhk flat of 500sqft will have 20k rent pm
@@ayushgarg8396 900 is small? I have been living in 200 my whole life.
Developers who sell their flats based on Built-Up, Super Built-Up Area be assured that carpet area is much smaller.
Damn!!! First time heard of real estate depreciation. That too in mumbai 😮
If you pay 4 crores for such a property, where is the margin of safety ? You are bound to get a lesser price to what you paid for
Real estate has no margin of safety
@@TropicofCapricorn. What is margin of safety?
@@ppen8359 Use the search function of Google
Stupid subjective concept. Mostly based on investor perception. I never use this word, it is mostly investor risk preference.
@@ppen8359 🤣
It's difficult to move from villa of Chandigarh to match box in Mumbai
So…..don’t?
De congestion is necessary for Mumbai. For that to happen other cities in Maharashtra needs to be developed so that people start to migrate from Mumbai. It's already so populated that nothing can be done to ease the burden on infrastructure or transport.
Other states should be developed so that people won’t come to our maharashtra or mumbai to make it more congested
What our maharashtra! Don't act like an idiot. Mumbai and Maharashtra belongs to all Indians just like any other city or state in any other part of country.
People from all parts of the country have contributed towards making Mumbai what it is today. People who born in Mumbai, which is just a matter of chance, act like they own it and think that Mumbai is their ancestral property. However they have not contributed anything towards making it. Sheer foolishness
they are such nice people. I wish them all the best.
Atleast he is got view! Come to Bangalore! Many greedy people trying to match Mumbai's rent range in outside of Bangalore like Whitefield, just dumb!
Mumbai has 2-3X Bangalore's rent. Where in Whitefield are you paying Mumbai rents? You should easily get a good 2BHK for 25-30K and a big 3 BHK for 30-35K anywhere from Marathalli to Hoodi to Hope Farm of Whitefield. Add another 5-8K for a gated community with all amenities. I see most main roads are 4 lanes in the area and with Metro opening up next month, the area I hope gets even better at traffic. Needs public areas like parks though.
@@flowzeta5412 read again what i said! Thanks for typing this essay!
Imagine paying as much rent as you would pay in 1st world country while living in Mumbai which is already infested with slums and dumb urban planning
Better to move to EU than living in Mumbai honestly
Finally, I found someone who thinks like this.!
Maybe grass will be greener at other side of transharbour link
15:30 It might have gone down for time being just as the way stock market does, I guess he is not keeping track of the ongoing infra projects... its a wise decision to investment in Sewri...prices are going to shoot up once MTHL and Sewri Worli elevated corridor opens up Sewri will basically become the chembur of South Bombay.
correct
This guy is fortunate to have stayed in tge same flat for 9 years and 6 years.
Depressing!!! I could never live in a dog box. This is what WEF wants!
I am sure you couldn't. :)
Awesome voice
New dosti one bhk are 270bqs ft onwards like west county under construction. Dosti Desire 300 sq ft
I love how people criticise the size etc. but Mumbai is where all want to be secretly🤷♀️🤷♀️ it was a lovely home with amazing amenities not to mention a great safe area to live in
I liked the flat, location is perfect,nice view
Having said that different people have different choice
I myself want to live in Mumbai but everyone don't
Not all of us. I would like to live in Delhi but the pollution and lack of safety for women is an issue. Would also love to live in Goa but not sure about the safety aspect
Priti I stayed for 15 years and escaped the smell ...what world are you living in I hated those 15 years
I honestly don’t think most outsiders would ever want to live in Mumbai if their jobs/careers didn’t demand it.
Ask a business class person from NCR or even a smaller city like Chandigarh or Jaipur if they could live like this.
Don’t get me wrong, I understand that if you were born in Mumbai then this is all absolutely normal. But for anyone who wasn’t born there and who doesn’t have a job/career prospects there, then this seems like hell.
When he says EMI should not be more than 4X of Rent, what is the calculation he is telling ? Can someone explain ? I do understand that if rent is 1-lac then EMI should not be 4-lac which means 4-Crore property.., does he mean that ? Is it profitable to buy if its 3X or 2X ? Can someone explain !
8:50 Introduces the bedroom first, introduces the wife second. Man has his priorities set.
I like the guys attitude.
@6:45 Sirji, even if it's ur own apartment and family, it's always good manners and polite to knock before entering a room.
It's scripted bro. The girl was waiting with a book for them to enter.
1250 square feet house priced at 1 lakh ? I am living in a 1350 square feet house in Bangalore paying just 10 k as rent in a decent location
You must be in Hosur :)
Bengaluru is slowly becoming like Mumbai 🥲Soon it will be unaffordable for commoners
I wonder how flat owners feel they see their flats on this show, do they super hike the rent from next tenure ?
Hahaha
Totally possible
Shipping guy
Butcher island, Nhava Shiva….
Reminds me of 1988-
My whole 1 year CTC he’s paying to live at a space which is literally half the size of my whole house here in guwahati
I love a nice view too but no view here. We moved in here too in 2009; great time, GFC.
Thanks for covering this topic 👍🏻
Why Mumbai homes have grills on the window/balcony?
Child safety mostly.
Not all of them do but some of them do
So that they can't suicide out of depression of bearing the flat cost
@@harryp3804 😂
@@harryp3804🤣🤣🤣
Sewri is a slum area with muslim dominant area. That's why owner is regretting buying. People should research area demographics first to buy anything in Mumbai.
Lower pareil, Worli and pareil areas are way better
it depends which part of sewri, Dosti side it all complexes and towers, ajmera and couple of other builders also have properties there and Sewri is the only last few places in South Mumbai were vacant land is available for builders, if you take the freeway you can notice the vast lands as chemical factories are mostly lined up in this area.
Could you please share some Hindu or Christian dominated "slum" areas you know of? Would prefer it over "Muslim dominated slum areas".
what is wrong with having muslims in the locality? Are you saying ony muslims live in slums? Open your eyes buddy.
@@flowzeta5412 yes. It's not about slum. It's more to do with muslim ghettos.. attacking hindu girls and women . Attacking hindu festivals. I will prefer hindu slum to muslim dominant high rise building .
1 lakh for a 3bhk in south Mumbai is pretty decent.
Ya, if you are making 7-10 lakh or more per month.
@@lhxperimental anything above 3 lakh is just fine.
This isn't south Mumbai exactly
And sewri is a sub par lower economic area with many unorganised settlements i.e jhopdas
@@DruvJain-tu4gy technically it is South Mumbai. Not an affluent neighborhood sure, but still South Mumbai. Also this society is pretty decent, I have been there.
Where does the servant stay? They obviously have full time maid/cook
Well I stopped at 2:10 the moment he mentioned he is in Merchant Navy. 1 lac is peanut for him with what he must be earning in USD per month without any tax liability.
YES
Bengaluru also catching up
at Chandigarh he would have ground floor kothi/house wit much larger area
awesome episode loved the whole family.
Nice apartment and well organized.
mumbai trans harbour link look nice 😍😍
What's with the windows having iron bars? It's not as if any intruder is gonna barge in at the 25th floor. Makes the whole place so claustrophobic!!
please ask them about their income, if they willing to tell.. bcuz 1 lakh of rent is huge amount.
It's very costly you can get easily 80000 rs rent 3bhk flat in Doha,qatar
In this day and age of work from home you don't need to be in such claustrophobic places on rent at 1 lakh, you hv better choices in pune, you will get atleast double this size for the same rent in pune
It's crazy how rich some people are.
probably earns close to 10 lakh/month
Prices are getting so high. They might fall off the cliff some day or get come stagnant like what he said in this video
Rent to deposit ratio - the deposit part is 3 months advance and affordable ..
How can you afford 1 lakh rupee rent?
@@amolkhobaragade Had the same question 😅
@@amolkhobaragade He might be earning more than 5-6 lakhs per month, that's why it is affordable for him. Also he said he had purchased flat of 4 crore in the nearby area , so you can imagine the amount of money he is having.
@@amolkhobaragade Mumbai
4 crore for a 2 bedroom apartment. I just don’t understand why people move to Mumbai
Overrated bhindi bajar city
1 lakh n 2 thousand for this tiny flat where you can't even breath properly is really shocking to see
its way expensive n place is so congested , this may give claustrophobic vibes
other big cities offers bigger space at better pricing
Forget Mumbai. Even small towns apartments cost you 60Lakhs.
1 lakh for rent... Omg!!! Y do ppl crumble in such small spaces.. And spend 1 lakh..
why not stay in Pune or other city? is he still working or retired? 3-4 acre zamin mil jaata near pune. instead of 4 crore apartment.. later retirement main vegs ya mango farming karta.. but ya some people think farming and all that is low class
Bht chota ghr hai bhai ... Bt Mumbai ke naam pr ghr ka price lgta hai .. ghr ki space ke acc.nhi
What happens to very old buildings with residents ?? Who repairs ? And there is a level to repair, you can't repair beyond the lifespan of concrete and steele so what happens then???
Is it only me who see a young version of Anil Kumble in the host 😶
I hope the m.t.h.l brings some sanity to superhyperinflated real estate of mumbai
No instead, it will / has inflated price of Ulwe. Besides. It will not be seen as South Mumbai and for that reason not seen as a premium area though the prices may be like that
@@lhxperimental Prices always go up when an area gets infra like in this case Ulwe. Plus it will open up areas for the middle & lower middle class who can stay near Ulwe, Kharkopar, Uran, etc as they can access business districts like Lower Parel, BKC, Fort, etc Also with Mumbai Metro Gold line which goes from NMIA to CSMIA it will become even easier. So all these infra projects will open up residential markets & hence there wouldn't be a need to stay in the heart of South Mumbai. This analysis is only for middle & lower middle class not for upper middle class.
So beautifully done up! My compliments.
What the hell is fridge doing inside that kids room😂?
Bachche raat mein icecream nikal k khate hain
Fewer Autistic kids have tendency of eating after ever few hours even in night.
The tenant focused too much on the sea view while getting the flat. So probably he didn't care to think about the interior structure of the house and the space within
As he is an autistic kid....he may have different needs like medicines, etc. Pls be little considerate before commenting.
I have found Mumbai way too overpriced, very crowded and very dirty. I loved the monsoons, loved the festival spirit be it dahi handi or deepawali or navrathri. I totally despised the traffic and bad roads even in the so called billionaires backyard. Hiranandani gardens Powai was an exception, clean, lush green and splendid views of the powai lake. Even there prices were obscene. I understand people have personal preferences but it buy such a small suffocating apartment in Mumbai you could live in a massive villa in a cleaner organized greener and lovelier city. The only thing I miss about Mumbai the lovely rains during monsoons. That apart Mumbai is overrated
TV placement is so off
someone who is coming to this place for the 1st time can get themselves knocked over by that TV, especially kids
I’m feel more poorer now 😂
I am pheel two
Its very true fact.
Only gives a sense of space doesn't have space
But why are you showing this 🤔😕
Waste of money renting, instead buy one and you would probably be paying similar in mortgage repayments and then you would be able to sell the property
The context is missing!
They don't regret it
May be it turns out OK for him
1.2 lakh as rent for such small apartment is just insane, either it is in Mumbai or not🥲...
Mumbai real estate is just so over-priced and over-inflated. I hope that someday that bubble will burst..