Pros and Cons Of living in Mumbai

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Pros and Cons Of living in Mumbai

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Read more: Mumbai is a very famous Urban city with a lot of population. People usually get confused between settling in Delhi or Mumbai. But this isn’t a comparison between Mumbai and Delhi, it’s about Mumbai and the things that are to be known before settling in. Mumbai has beautiful nightlife, busy streets, many great career opportunities, a beach, a very fast life but there’s always more to it. Here are some pros and cons to consider before deciding to settle there. – PowerPoint PPT presentation

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Title: Pros and Cons Of living in Mumbai


1
Pros and Cons Of living in Mumbai
2
  • Mumbai is a very famous Urban city with a lot of
    population. People usually get confused between
    settling in Delhi or Mumbai. But this isnt a
    comparison between Mumbai and Delhi, its about
    Mumbai and the things that are to be known before
    settling in.
  •  
  • Mumbai has beautiful nightlife, busy streets,
    many great career opportunities, a beach, a very
    fast life but theres always more to it. Here are
    some pros and cons to consider before deciding to
    settle there.
  • Pros
  • Education
  • There are plenty of schools and colleges that
    provide a very good education like St. Marys
    HighSchool, B.D Somani International School, J.B
    Petit High School, etc. In addition to that,
    Mumbai has many universities and colleges are
    very well reputed in all streams that produce
    great individuals, examples are St. Xaviers
    College, IIT Bombay, KJ Somaiya College of Arts
    and Commerce, Govt. of Law college, Seth GS
    Medical College, and many more.

3
  • Affordable Health
  • Mumbai made health its top priority. Mumbai has
    some quality hospitals that have people flying
    from different corners of the world to get
    treated there. They provide treatment at an
    affordable rate like Jaslok, Fortis, Saifee
    hospitals.
  •  
  • Safety
  • Mumbai is an extremely busy place and people
    there keep moving and working day and night. This
    provides safety for people, particularly women at
    night. Since the city is usually awake, they
    dont really have to hurry to get back when its
    getting dark outside
  •  
  • Attractive places
  • Whenever boredom hits anyone, Mumbai is the
    perfect place to end it. It is surrounded by
    beaches, has plenty of quality restaurants,
    heritage buildings and of course, theres
    Bollywood. The city's filled with malls and
    markets where things sell for high and cheap
    prices. This is perfect for shopaholics. It is
    one of the most modern cities in India and has a
    lot of sites and places where visiting would be
    amazing.

4
  • Other pros include the amazing bungalows for sale
    in Mumbai. There is even a sea facing bungalow
    project in Mumbai if anyone is looking for that
    luxurious life. So, no boredom and comfort for
    everyone.
  •  
  • Cons
  • Heavy Traffic
  • Everyone is on and on about the traffic in
    Mumbai. It is insane. The fast, busy life also
    means a lot of cars. Traffic can also mean
    getting late for work. The roads in Mumbai have
    failed to handle the number of vehicles hence
    making traffic the biggest enemy.
  •  
  • High costs
  • Mumbai is a big city and so living there is
    pricey. The rent is high, the groceries are 7-10
    more expensive than in Delhi or Kolkata, property
    rates are also higher compared to most cities of
    India.
  •  
  • Competition for Jobs
  • There is a lot of competition for jobs and
    working 12-10 hours for 6 days is common.
  •  

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Every place has its pros and cons and as far as
Mumbai is concerned, it's great for financially
stable people. Hopefully, this was informative
and helped clear all questions and in making the
right decision. Factors to consider before
buying a second home Buying a second home can
provide a lot of benefits if done right, at the
right time. However, it cannot be the right
investment for everyone. Consider the
below-mentioned factors before deciding to invest
in a second home.   Location Location can
determine a lot of factors. Even if you choose to
buy a property in a poor location because of the
price you are getting, it might not be useful
because you will not want to move out there
eventually. You must also look into the potential
of the area and the surroundings. You can get
various choices depending on your needs.  
6
Budget An important thing to keep in mind is you
should pay in cash for your second home. It is
not wise to take out a loan for a second home
that you want to enjoy your life in. Loans will
create stress for you. This is why you should
check your finances, look at the amount you can
spend. This will determine your budget. Depending
on your budget, you must look at your
properties. Lifestyle A major reason for buying
second homes is vacation homes. When you have a
vacation home, you can visit it whenever you want
to relax. This can help you pack light because
you will be going to a place that's yours. Apart
from your current lifestyle, you can also buy it
thinking long term as to what you would like
then. You can go for a cabin or look for a luxury
bungalow for sale in Mumbai.   The Landlord
Responsibility Buying a second home can provide
you with various benefits such as a second
income. However, there comes a responsibility
along with it. If you are renting the space, you
will have to have some responsibilities of being
a landlord. There will be responsibilities such
as selecting a tenant, generating rental
agreements, and keeping a close check on the
usage of things inside the house and maintaining
it.
7
Imagining your priorities and future You can buy
a regular second home such as a luxury bungalows
project near Mumbai, a cabin in the forest, or a
house by the beach. This will depend on what you
want in the future. In places like the forest or
the beach, you can also see various tourist
places. Usually in places like these, because
tourists come regularly it is developed enough to
also have a marketplace nearby.   Mortgage In
case you do not have full cash to pay, you can
see if you can afford a mortgage. For this, you
will have to look at the income. If you are
buying a second home quite young, you can always
take a loan if you calculate when you can pay off
over the years.   These are a few things you
should consider before buying and selecting a
second home. It is important to make sure that
the priorities and budgets are in place. Do not
hurry to invest in a second home when you are not
in a position to. Once satisfied, go ahead and
invest!
8
Should you go for a Bungalow or not? Planning
where to settle can be a little hectic,
especially when it comes to buying houses, flats,
property, etc. Here are some points that might
help you decide if you really want to settle in a
bungalow.   Mobility Bungalows have one storeys
which makes it easy for people to move around.
Older people usually have difficulty climbing the
stairs so its convenient for them. But some
people, usually teenagers and young adults prefer
having rooms in the second store as it is less
noisy and more private. Having all the rooms on
one floor is a con and a pro, depending on the
kinda person you are. This also increases the
chances of a break-in and losing all your
valuables.   Bedrooms The whole idea of a
bungalow was to create a house with a large
living room space. This is nice if you usually
have guests or a family of more than four. But
this also means less bedroom space. Dont expect
a master bedroom when buying a bungalow.
9
Cost Bungalows have all the rooms on one storey,
this makes them take up more land than a house
with two storeys would. This can make them more
expensive unless of course, you get lucky and
land in a place where you can find them on sale,
like there are bungalows for sale in Mumbai.
Bungalows are also usually old, which can cost
repairing rates too.   Beauty Bungalows are
generally beautiful, and are available in
beautiful places. For instance, the sea facing
bungalow project in Mumbai allows you to have a
beautiful view of the sea which is totally an
advantage.   Privacy Grow many trees and surround
your house with them, this makes your house much
more closed up which provides privacy. It is
always a good idea to think about finances and
investments beforehand, for retirement. However,
it can be tricky to understand where to invest.
Investing in second homes can be a great option
after retirement.
10
There are certain factors to keep in mind when
investing in second homes. These can include
budget, priorities, main goal, and location. You
can also rent out these second homes or get tx
benefits. There are several benefits of investing
in a second home.   Shimmer Ocean Pearls is a
company located in Mumbai that can provide you
with Luxury villas in Mumbai for sale. Providing
the best facilities such as king-sized amenities
along with an urban style of development is
mesmerizing to the eyes. This property is located
by the beach and can also double-up as a vacation
home. Often second homes are also vacation homes.
The location of this luxury villa in Mumbai for
sale is such that it can provide you relaxation
from the noise of the city.   There are 13
bungalows in the scheme for sale that are lapped
up with the beauty of nature. There is a 3000 sq.
feet area around the bungalows that is free for
use. It is located at the exterior of the
suburbs, where the market and the city is also
accessible, which provides convenience to the
buying of groceries and other things required.
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The property comes with a living room, kitchen,
bedrooms, bathrooms, a lawn, a sundeck area,
floor plan, and basement parking. The interiors
are decorated in an aristocratic taste. The
founders of the Shimmer Ocean Pearls understand
that homes are a lot more than merely civil
constructions and aim to provide you with the
experience of living. Visit our
Website https//shimmeroceanpearls.com/ Thank
you for Watching!!
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