Investing in Mumbai Real Estate is Frustrating

I have already invested in one property in Mumbai, and after going through the entire process, I don’t think I will invest here again. Even with a budget of 1Cr+, you still have to compromise, either on size, interiors, amenities, or location. And even after all that, you realize that there are SRA or MHADA buildings nearby. It feels unfair that people paying such a high amount have to share the same locality with projects that are completely different in terms of planning and pricing.

Another big issue is transportation. Even if you buy a property in a good location, reaching different parts of the city is a daily struggle. Roads are congested, metro work is still in progress in many areas, and overall, travel takes up a lot of time. For the price we pay, we don’t even get a smooth commute.

On top of that, some areas still have sewage problems and slums nearby. This affects the overall living experience and the value of the property. It just doesn’t make sense to pay so much and still deal with these issues.

Looking at all these problems, I feel investing outside Mumbai would be a much better option. Navi Mumbai, Pune, or even other cities seem to have better-planned projects at more reasonable prices. I regret investing in Mumbai, and I’m sure I’m not the only one feeling this way. What do you guys think?