Anish Pai, a 32-year-old working with a multiplex entertainment firm in Mumbai, has a Rs. 60-70 lakh homebuying budget and two undesirable alternatives to choose from.
One is a 650 sq. ft resale apartment in Ghatkopar or Kanjurmarg near Kurla, where he lives in a rented flat. The second is a more spacious two-bedroom apartment in Navi Mumbai, but one that will double his commuting time. “I think I shall settle for a smaller flat but which would be closer to office,” said Pai, who has been searching six months for a home. Read more
Source : www.livemint.com