second home project in Mumbai

The desire of people for luxurious villas in addition to their own houses like second homes near Mumbai is quite evident. Most of them long for beach side bungalows as they come with multiple advantages. Also sea side properties come with high values. It is a proven fact that bungalows are a convenient place to dwell in especially for impaired persons.

The style was taken from the farmers of Bengal who resided in thatched huts. In India, a bungalow or villa is generally defined as a small family unit in opposition to big apartments. The normal custom in India is the construction of one storey bungalows. In Mumbai a number of such luxurious resorts have come up and many famous firms are planning their second home project in Mumbai.

What does a Bungalow look like?

A bungalow is generally a sort of small single storied cottage. It even has a second storey built into a slopping roof. They usually contain dormer windows too. Bungalows are generally surrounded with wide spaces or verandas.

Generally investing on bungalows is fruitful as there are not many such villas built. The advantage is double if the investment is made on sea side or beach bungalows. As already discussed, sea facing properties have higher rental values and come with multiple advantages. Also, such villas hold a high demand among people to send their holidays or as second homes.

Factors you should consider and factors you should not

With high demand of the bungalows, they hold high value allowing a fast growth of the properties.

Pros of Sea side Bungalows

  • Spacious and Private: Sea side bungalows come with ample space. The bigger plots are helpful in maintaining privacy too.
  • Great for Kids: The scenic beauty of the beach and hustle of the waves excite children to a great extent. With large space associated all around, the kids get enough space to play and keep their mind soothed.
  • Quiet Neighbours: In general, older people are mostly attracted towards bungalow properties. So, the roadside and beaches often remain quiet. So you will be able to enjoy a cal atmosphere.

Cons of Sea Side Bungalows

  • High Demand, Low Supply: Sea facing villas have large demand. Though the number of such built resources in very less. So finding the right one that can fulfil your criteria can be a problem.
  • Constant Renovation: Sea side bungalows are generally chosen by old people, young investors often find it useful to renovate or carry out modern measure in the villa. This is not really a negative aspect but covers a bit more expenses.
  • Security Worries: In most of the cases people like to keep their windows open while sleeping. This can bring certain security issues especially for those who sleep on the ground floor.

So, this was a brief regarding the growth of sea facing bungalows and their overall demand among people. If you are planning to book any such villa make sure to remember all the key factors to consider.