10 Things to Consider When Buying a Flat

In this Blog, I have mentioned 10 things to consider when buying a flat. So, if you are planning to buy home of your dream. Do read all these 10 points and understand the whole thing and then opt for buying flat or house as per your choice.

Approval and license

When entering a house from scratch, verify that the builder's document begins with a start-up certificate, clean up the environment, and approve a building plan. Also find out about the status of land ownership and see if the builder has purchased land or has recently advanced their rights.

List of project finance banks

With the real estate company sitting on unsold goods and not having the necessary liquidity to carry out its projects, banks have become more diversified and more financed. Many builders have no access to bank loans at all. So after you have completed the property and verified that all the permissions are in place, find a bank that is ready to finance the project as well as the one that offers you the cheapest loan.

Calculate the total cost

Don't go for less than you can. Brokers often quote a base price and do not mention other factors such as development / external costs, cost of preferred sites, car / club / parking laws and tax services which increases the cost. Ask for the final price of the house.

Verification generator

The land in question is in dispute. Therefore, careful developer authentication is suggested. You can confirm past or current plans or even post a question in a variety of live residential conferences.

Buy or Rent

Many people buy a 3 BHK flats in Jaipur or house think they will use to pay the rent of EMIS. Experts say this is not the right approach. "Don't overemphasize that payment income will be remunerated by EMI. The production lease for a residential property is typically 2-3 percent." Plus, the property can be empty for months before you find an occupant.

The good plan

There are a variety of payment options available in the market like a down payment plan, flexible payment plans, construction plans, and a property plan. Experts say you have to choose carefully, as there is usually a price to be paid for each.

The sizes of the apartments are

A building generally refers to a heavily built-up area of ​​the booklet. This includes common areas such as stairs, hallways, etc. The carpet area of ​​2 BHK and 3 BHK apartments may be 30 percent less than the super built area of building.

Consult the infrastructure plan

A connection to the metro or other major infrastructure development in the future related to the location of the property you intend to buy can increase your return on investment. Also, make sure that the property is not near any industrial pollution.

Check site

The layout of the booklet may differ from the reality. Visit the site carefully before reserving the property. Communicate with people in the environment as he may be aware of any illegal occupancy or other legal disputes related to the property.

Register your plot

After selecting a property, you must register with the relevant authorities to be the legal owner. Buy 2 BHK flats in Jaipur to grow your child close to nature and give them a meaningful life.