Thinking of turning your dream into a reality? Well for first, congratulations for coming this far in life. And secondly, allow us to make the hunt for your new home a little easier. In this article, we tell you about few things that you need to consider before buying a house or a flat for yourself.

Finding the perfect house isn’t something that you can do in a whiff. It requires lot of time and energy, and of course, a lot of site visitations. See, pictures only tell you how the place looks, but it is the personal visit that tell us about the vibe of the house. However, other than positive and homely vibes, you have 7 important things to remember before buying flats.

7 Important Things to Remember Before Buying Flats

1.   Property Price

The first and utmost important thing that you need to keep in mind is the budget. What is your budget? How much you are willing to spend? What is your preference, a 2BHK or a 3BHK? If you have a clear budget in your mind, it will help you in selecting between a 2BHK or a 3BHK. Also, try comparing the properties. This will help you in choosing the perfect place for yourself. Also read –Importance of RERA in Real Estate Industry: 2022

2.   Flat’s Carpet Area:

There is a difference between the property’s area and the carpet area. The former includes areas of shafts, elevator space, stairs, wall thickness, parking, etc. Whereas the latter include the actual real area of the flat. The carpet area is usually 30 percent lesser than the whole built-up area or the area that is used to calculate the property prices. Also, read – Nice Tips to Fulfil Your Dream of Buying a Property in Ghaziabad

3.   Land Record:

The land on which your flat stands is an important aspect to consider. You should be aware of your surroundings. Ask the seller about the soil quality and topography of the land on which the house is constructed or is in the process. Also, the property should have all its dues clear and must have properly authorized registrations. Also, read – Are You Ready to Buy Your Dream House in 2022?

4.   Legal Check of Property

Ask the seller if they have all the real estate-related documents like PWD approvals and NOCs from the area development authorities, sewage boards, electricity boards, municipal corporations. Etc. Also read – The Year 2022: Profitable Time to Invest in the Indian Real Estate

5.   Apartment Possession

Delayed possessions have become very common among sellers and real estate builders. As a buyer, it is your responsibility to be sure of the timeline for possession. Usually, the developers ask for 6-months’ time before they can hand you the property, but there should be proper communication and written agreements between the two parties: a seller and a buyer. Also, read – Premium 3 BHK Homes at Suncity Royal Castle in Dasna

6.   Builder-Buyer Agreement

Builder-Buyer Agreement is the most important document at the time of the possession of the house. However, before signing any document you should take at least a week time to fully read and understand the document. In case of any confusion, get it clear with the agent or seller at the earliest, so that later you won’t have to face any problems regarding the property. Also, read-  The Best Time to Invest in the Indian Real Estate

7. Location of the Flat

Well location is a must! You can’t just live anywhere. The place should be accessible and near to the city, and not somewhere in the outer between a nowhere land. See, if the location is accessible via metro and road, if it is near to your office, and if it has places like markets, schools, and hospitals somewhere nearby, and not in the far-far land. Also read – How to Find Your Dream Home: Buy 2 & 3 BHK in Dasna, Ghaziabad