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Flats At High Rise Apartments In Indore: What To Look Before Investing

Its always better to loan an amount and pay it for your own flat rather than keep on paying rent for the same

. Buying a flat or accommodation in apartment may seem to you safer and less expensive than individual house although you may feel it hard to sell later. There are certain types of apartment depending on the height of building these are low rise, mid rise and high rise buildings. Each type has its pros and cons. But a high rise gives more advantage in terms of cleanliness and other factors. So if you are planning to get your own place in high rise apartments in Indore and also want to have better sell later then lets acquaint us with certain factors.

Location:

This is a prime factor as to where you are buying the flat. If the apartment is close to some national highways, well connected to city, travel stations, schools and hospitals the value of flat rises. If its a sea or lake view it again fetches a good value. Posh residential localities and proximity to malls and super markets enhance the value.

Administrative factors:

Is your accommodation you planning to buy a resale unit?

Any special assessments the accommodation has gone through?

Does the flat price ask for any reserve fund to be made?

Maintenance of apartments done in house by the builder or outsourced?

Physical factors:

Storage facilities: Many apartments do provide extra storage but that are either chargeable through one time charge on the time of buying or it is paid via regular maintenance fees. So this needs to be clarified earlier.

Maintenance charges: room type , floor number, luxury amenities being provided, repairs , housekeeping, membership to clubs and pools, customer care , security and insurance all these factors decide the amount you will be required to pay as maintenance dues.

Policies of High rise buildings in Indore: You have to well enquire about any particular policies followed for instance, if you want to keep a tenant you may have to approve it from the apartment board. Any changes made by you in building structure may require permission. If you want a renovation you may have to get only licensed contractors of apartment board.

Keeping a pet: Many high rise accommodations would not allow for a pet.

Parking space: enquire whether the cost of flat includes the parking space or excludes it. The size of parking space is also important. You may need to pay for an extra space.

These all factors when noticed while buying give you an idea of sale value also which can be beneficial for you in long run.

by: skyeluxuria
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Flats At High Rise Apartments In Indore: What To Look Before Investing