The Ultimate Guide to Buying a Sea-Facing Apartment in Mumbai

Are you seriously looking to buy a sea-facing apartment in Mumbai?

You’re not alone. Millions of Indian residents & NRIs cherish this dream.

There can be various reasons, but the allure of sea-facing apartments is irresistible.

People want to wake up to the soothing sounds of waves and enjoy stunning sunset views.

Breathing in the fresh sea breeze can be an amazing experience in the bustling metropolis of Mumbai.

Apart from offering a luxurious lifestyle, it can also be a smart investment that will give you a high return on investment.

But before you decide and commit yourself financially, here’s everything you need to know.

Top Locations for Sea-Facing Apartments in Mumbai

Mumbai’s coastline is dotted with several prime locations where you can find a valuable sea-facing home:

Marine Drive – This is an iconic location where people love to enjoy the energetic sea breeze. Apart from its high-end apartments, it’s known for its stunning sea views.
Worli – Worli is known for its luxury skyscrapers and oceanic vibes. It provides amazing views of the cityscape and the Bandra-Worli Sea Link. With premium amenities and other perks, the property prices can be prohibitively high here.
Bandra Bandstand – It’s one of the most favourite spots of celebrities as it offers exclusive residences. It’s home to Shah Rukh Khan and Salman Khan, the leading Bollywood celebrities. It can rightly be called a combination of privacy and city energy.
Juhu – Juhu is a popular coastal area known for its beach and luxury apartments. These beachfront apartments come with a relaxed vibe and aristocratic outlook.
Versova – It has scenic surroundings and relaxed vibes near Versova Beach. It is perfect for a beachside retreat and offers natural charm and modern amenities. Locations such as Rustomjee Versova can be your ideal choice.
Malabar Hill – Malabar Hill is one of the most expensive and iconic locations in South Mumbai. It offers panoramic views of the Arabian Sea and many choices regarding 2 BHK and 3 BHK flats in Mumbai.
Cuffe Parade – A historic and modern business district in South Mumbai, Cuffe Parade is a lively commercial hub with office high-rises and residential buildings. Its proximity to Colaba and Nariman Point makes it even more attractive. The area has many good schools, colleges, shopping malls and hospitals.

Key Factors to Consider Before Buying

1. Budget and Property Prices

If you are looking for sea-facing apartments in Mumbai, you should know that these properties come at a premium price. However, the prices vary according to the location, infrastructure, apartment size, and amenities. South Mumbai locations such as Cuffe Parade, Malabar Hills, and popular places like Bandra are expensive, but you can find many options near Worli and Versova at moderate prices. (Quora, 2024)

2. Legal and Regulatory Clearances

As a homebuyer, you can avoid a lot of hassle by ensuring the property has clear titles and proper approvals from these government bodies:

BMC (Brihanmumbai Municipal Corporation)
Maharashtra Real Estate Regulatory Authority (MahaRERA)

A failure to perform a proper evaluation may invite legal troubles and notices. (Quora, 2024)

Essential Legal Checks Before Buying a Flat in Mumbai

1. Verify Ownership and Legal Status
2. RERA Registration is a Must
3. Carpet Area vs. Built-Up Area
4. Check Important Legal Documents
5. FSI & TDR Compliance
7. Factor in Additional Costs
8. Budget for extra expenses like GST, stamp duty, and registration fees
9. Understand Development & Maintenance Charges such as maintenance, society formation, legal fees, and corpus funds
10. Secure a Legal Parking Space
11. Confirm Pending Permissions & Approvals such as Completion Certificate (CC) or Occupancy Certificate (OC)

(Shriya Mehta, Founder at Nyayarth Legal Centre, LinkedIn Article, Essential Legal Checks for Homebuyers in Mumbai, October 19, 2024)

3. Construction Quality and Maintenance

In the coastal regions, buildings get ravaged by the ill effects of the salty and humid air. To prevent such damage, you need to use special construction materials. You should also commit to regular maintenance before corrosion happens. You need the following:

Anti-corrosive materials used in construction
High-quality waterproofing
Regular building maintenance plans (Quora, 2024)

4. Connectivity and Infrastructure

Ensure that your sea-facing apartment is in an area with the following things in the neighbourhood.

Major business hubs, airports, metro and railway stations.
Availability of hospitals, schools, and shopping centers
Traffic conditions and accessibility to major roads (Quora, 2024)

5. Resale Value and Rental Potential

Sea-facing apartments are a good investment if you want a regular passive income. These properties also have a high resale value, especially in prime locations like Marine Drive, Bandra, Worli, etc. (Quora, 2024)

Pros and Cons of Buying a Sea-Facing Apartment

Pros:

Breathtaking sea views and fresh air
High resale and rental value
Prestige and luxury living
Proximity to elite neighbourhoods & schools, colleges etc.

Cons:

Higher property prices and maintenance costs
Possible waterlogging and flooding during monsoons
Risk of corrosion and structural wear due to salty air & weather conditions

Documents Required for Purchase

Sale deed and property title documents
RERA registration certificate
Encumbrance certificate
NOC from society and builder
Building approval plans from authorities

Tips for Buying the Right Sea-Facing Apartment

Visit the Property at Different Times of the Day– Check the view, traffic, and noise levels during the day and night. Sometimes, noise levels at night times increase in certain areas. So, you should avoid considering it.
Assess the Wind and Sunlight Exposure – Many coastal regions are excessively windy, so avoid them. Harsh sunlight is also not a good indicator of its livableness.
Negotiate Maintenance Costs – Be aware of hidden costs for building upkeep and amenities. It can be a perpetual headache for the residents.
Check for Water Logging Issues – Inspect the locality’s drainage system, especially if buying in a low-lying area. Many Mumbai coastal regions suffer from waterlogging.
Consult a Real Estate Expert – Work with an experienced realtor who understands Mumbai’s landscape. Choosing Promesa Realty, a prestigious real estate developers in Mumbai can be your best bet.

Is a Sea-Facing Apartment in Mumbai Worth It?

If luxury, serenity, and a high-end lifestyle appeal to you, a sea-facing apartment in Mumbai can be a fantastic investment. However, you should also pay close attention to many other factors, such as your budget. Ensure legal clearances first. You should also assess maintenance needs and long-term appreciation before making the purchase.

Ready to find your dream home by the sea? Contact Promesa Realty, your friendly residential developers in Mumbai, today and embrace the charm of Mumbai’s breathtaking coastline!
References:

(Quora, 2024)
(Shriya Mehta, Founder at Nyayarth Legal Centre, LinkedIn Article, Essential Legal Checks for Homebuyers in Mumbai, October 19, 2024)

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