Question 1

How long does it take to buy property in Mumbai?

Accepted Answer

For ready-to-move properties, the purchase can complete in 15–30 days. For under-construction projects, booking takes 1–3 days; full registration happens on project completion (3–5 years).

Question 2

Is it safe to buy under-construction property in Mumbai?

Accepted Answer

It is safe if the project is RERA-registered with MahaRERA. RERA mandates that 70% of buyer funds go into an escrow account and ensures penalty payment for possession delays.

Question 3

What documents do I need to buy property in Mumbai?

Accepted Answer

Identity: Aadhaar/Passport/PAN. Income proof: Salary slips/ITR (for home loan). Address proof: Utility bill. For NRIs: Overseas address proof, PIO/OCI card, income proof in overseas currency.

Property buying guide Mumbai 2025