9 basic factors to remember before buying flats
TRANSCRIPT
9 Basic Factors To
Remember Before Buying
Flats
Lifetime investment with a massive
sacrifices can never be a wise decision to
put all your savings at stake or sign on a
bank loan impulsively only to buy flats.
Review The Credentials First:
Buyer’s faces the loss if
the project gets
postponed and canceled
due to lack of permit.So
be sure the builder
approves all major set of
approvals,NOC from the
authorities like civic,water
ets and more.
Rely On The Banks For Funding:
Looking for purchasing
flats then going for bank
loan is a wisest decision.
Banks are open to accept
the newly constructed or
the under constructed
apartments for a loan.
Scrutiny Is Not Enough:
Ranging from the
purchase of new flats
to real estate property
cross checking is
never enough,need to
go through track
record of builder
before setting down
with your choice.
Check The Developer's Background :
Checking the
background of a
builder is very vital in
property purchase
matter.Also make sure
that the builder must
holds good track
record in the market.
Affiliation and Expandability Of The Project:
Before buying the
property check the
authenticity of the
financiers, title or
approval carefully to
avoid further troubles.
Scan The Specifications:
Monitor both the
systemic and finishing
specifications after the
launch of the project
regarding the flats.
Cost Of The Property:
Compare the
rates , facilities
or values with
other projects
in the preferred
location.
Highlight The Agreement of Buyer-seller :
Always go through the
vital points of interest,
payment refunding
clauses,penalty etc
mentioned on the
buyer-seller agreement.
Assess The Quality Of The Design And Area:
Check throughly the
layout of the flats
like availability of
sunlight, cross
ventilation and
drainage system.
To know more about this read our article.
Thank You