Tips To Keep In Mind Before Buying A Flat
The flat or the property being purchased for any useful purpose as in residential or any other should be exposed to various factors
. The buyer should deeply perforate to investigate in to various facets of the property before completely owing it.
1. Initiate with interacting other properties or flats constructed by the builders make thorough grilling whether these were timely completed or not.
2. On a wiser note probe in to details like tax receipts, land documents or property details, for not less than last 15 years; verify these details with the connoisseurs in the domain.
3. Its always sagacious to buy a flat in the preliminary stages of the constructions, as the owner can go for the further modifications and append further changes as per the requirements. Mostly the changes may incorporate in the kitchen, specific balcony, bed room space, bathroom specifications and other changes can be made at the time of erection in progress.
4. The sustainability is the biggest fight today, look for flat with proper facility and space for entrance of natural source of light, air circulation. Energy preservation can be done to the maximum. Also such flats are much cost efficacy.
5. The flat buyers should very well undergo all the intricacies and thread of details. Especially the sale agreement should be read evasively. Usually the grace period of 18 months is allowed to builders but not to the owners. Also the shrewd step is taken by builders, they keep 4% interest for themselves, if they fail to deliver the flat on time, and the owner has to pay 18 % interest is they fail to provide the flat installment on time.
6. In case of financial issues, one can anytime approach banks to get the loans. Reach out at least 4-5 banks, get a hold of the details and compare the details, get the relevant nitty-gritty.
7. Make certain that all the commitments are black and white, what will be the area of the flat, the quality of doors and windows, bathroom specifications, flooring and ceiling designs and other facilities.
8. One of the most important aspects to be considered is the wire fitting this aspect may be trivial for some, but in true sense this thing is most important consideration. For all the appliances like geyser, oven, refrigeration, fans, air conditioning one may require well spread and well connected wiring fitting.
9. Get the electricity connection transferred to ones name, in order to avoid undue high electricity bills.
10. Important consideration is parking slot, parks, or the nearby connectivity, trace best of places for kids playing and other stuff.
A thorough involvement in the convolution of the flat is important before actually acquiring it.
by: koshals52
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