Badlapur E.d. Independent House | 3-Storey | North Facing

Thane, Maharashtra, Badlapur E.d., 421503

₹ 2,500,000 25 Lacs

Property Highlights

cents
Plot Area
1
Bedrooms
1
Bathrooms
615
Sq.ft
1
Parking
1735
Property ID

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Discover the Space

Discover a compelling investment opportunity with this independent house situated in Badlapur E.d., Thane, Maharashtra. This three-floor residence encompasses 615 sq ft of built-up area, offering a practical layout with 1 bedroom and 1 bathroom. The north-facing property provides ample natural light and includes parking for one vehicle. Positioned on a Cent plot, this owner-listed asset at ₹2,500,000 represents a straightforward acquisition in a developing locale, ideal for those seeking a foundational property.

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📍 Neighborhood Infrastructure Analysis

Badlapur E.d. Independent House | 3-Storey | North Facing

50/100
Average★★★☆☆

Based on 1 infrastructure categories

🏥
Healthcare & Wellness1 nearby
50/10

Basic healthcare services available.

1 healthcare & wellness
  • Dhanlaxmi Hospital(1.03 km)

Quick Facts

Listed byOwner
Year Built20
Property TypeIndependent House
Total Floors3
FurnishingSemi Furnished

Frequently Asked Questions

Data enriched FAQs with helpful insights and visuals

01

What is the sale price of this Property?

This Property is priced at ₹25.00 L. This works out to approximately ₹4,065 per square foot. The price may be negotiable based on market conditions, property age, and your payment terms. Contact the seller to discuss financing options and potential discounts for cash buyers or quick closures.
02

What is the built-up area of this property?

The built-up area is 615 square feet. This is a compact, well-designed space suitable for efficient living with modern space-saving solutions. This includes all rooms, corridors, balconies, and covered spaces as per the approved building plan.
03

Can I get a home loan for this property?

Yes, banks and NBFCs offer home loans for this property. Based on the price of ₹25.00 L, you'll need a downpayment of approximately ₹5.00 L (20%). For the loan amount of ₹20.00 L at 8.75% interest rate for 15 years, your approximate monthly EMI would be ₹19,989. Over 15 years, you'll pay ₹35.98 L in total (₹20.00 L principal + ₹15.98 L interest). Current interest rates range from 8.5% to 9.5% depending on your credit score, bank relationship, and loan amount. Compare offers from SBI, HDFC, ICICI, Axis Bank, and LIC Housing Finance.
04

Is the listed price negotiable?

Yes, property prices are often negotiable. In this market, deals typically close 2-6% below the asking price. For this property listed at ₹25.00 L, you could realistically negotiate to ₹23.50 L - ₹24.50 L, potentially saving ₹50,000 to ₹1.50 L.

Price Negotiation Scenarios

Negotiation success depends on several factors: property time on market (properties listed 90+ days see higher negotiation), seller urgency, your payment terms (cash buyers have more leverage), market conditions, and property condition. Get a professional valuation (₹5,000-10,000) to strengthen your negotiation position. Research recent sale prices of comparable properties in the area. Make your first offer 7-10% below asking and negotiate from there.
05

What is the annual property tax?

For this property in Panchayat, annual property tax is calculated on Annual Rental Value (ARV). With a property value of ₹25.00 L, the estimated ARV is ₹1.50 L (6% of property value). Panchayat tax rate is typically 3-5% of ARV. Your annual property tax would be approximately ₹4,500 to ₹7,500.

Property Tax Component Breakdown

Tax is payable in half-yearly installments with 5-10% rebate for advance full-year payment. Vacant land attracts lower tax. Keep tax receipts updated for loan eligibility and future sale.
06

What is my total cost in the first year of ownership?

Here's your complete first-year ownership cost breakdown for this ₹25.00 L property:

One-Time Upfront Costs:
  • Downpayment (20%): ₹5.00 L
  • Registration & Stamp Duty (10%): ₹2.50 L
  • Legal & Documentation: ₹30,000
  • Brokerage (if applicable, 2%): ₹50,000
  • Total Upfront: ₹8.30 L
Recurring Costs (First Year):
  • EMI (12 months @ ₹19,989): ₹2.40 L
  • Property Tax: ₹10,500
  • Maintenance: ₹14,760
  • Home Insurance: ₹8,000
  • Total Recurring: ₹2.73 L
Grand Total (Year 1): ₹11.03 L

Upfront Cost Breakdown

First Year Recurring Expenses

Loan Principal vs Interest

From Year 2 onwards: ₹2.73 L annually (EMI + tax + maintenance + insurance). Budget an additional 10% buffer for unexpected repairs or expenses.

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