Some things to check

before you buy an

apartment

After spending quite some time in rented house andfinding it less convenient, you have decided to stopspending money on rent month after month and buy ahouse but are still not sure and are very confused whatyou should check before buying it.

This may differ from person to person as every individualhas some different preferences so their check list maydiffer dependent on many variables like location, budget,facilities required. But there are some general checkpoints which have to be taken care of before selecting anapartment to buy.

The recent trends show that the real estate industry has shown atremendous growth and has experienced a boom. As a resultmany construction groups and developers have come up withtheir residential projects in NCR region.

Even the not so developed areas like Greater Noida andGhaziabad have seen a number of townships beingdeveloped. Residential property in Ghaziabad is a greatoption for all those who want to buy a property which hasgood connectivity with Delhi.

But before buying you should consider all options. Here wepresent some of the most basic yet very important pointsfor you to check before finalizing and buying a property.

Research before you buying a property: -

Researching a good deal about the property will help youget the value of your money. Check out for value ofapartments at according to locations, facilities provided,number of floors in the building.

For this you can check online websites, talk to real estateagents and should also check the recent sales in the area.Compare the prices thoroughly to get a good idea about theprice of the property that you are supposed to pay and itsreal worth in the market.

Budget and affordability: -

Though you have a wide choice in terms of residentialproperty in NCR region like residential property inGhaziabad still it is up to you to choose the most affordablehouse from the lot that suits you and your budget. Buying ahouse should not hamper your other normal routineactivities to a large extent.

Availability of loans: -

To provide the home loans facilities to their customers,generally most to the reputed builders are registeredwith the leading banks and non-financial banks. So beforebuying a property, make sure that your builder isregistered so that you may avail the facility of homeloans.

Before availing the facility, consider the amount andtenure of the loan along with the interest rate you aresupposed to pay for the time period.

Builder reputation: -

As it is your money which is involved then theresponsibility is also yours to check the reputation of thebuilder. To check the history of the builder, visit the olderbuildings constructed by the builders.

By comparing the date of possession promised and actualpossession date and also the facilities and comfortspromised and actually provided will give you a good ideaabout the builder. You can also talk to some of theresidents living in the builder.

Features and specifications: -

This is something which is related to facilities provided in theapartment that directly affects your day-to-day living in thespace. Make sure you are provided everything you require inyour house, be it the size of the rooms or the ventilationacross the house or even the kitchen. You should not betrapped in the lucrative promises by the builders in theirbrochures.

Be it some residential project in Noida extension orresidential property in Ghaziabad, by keeping a check onthese points you can easily be able to select the best housefor yourself which will not only suit your budget but will alsoprovide a luxurious space for your living.

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