While you invest your hard earned money is something analyse whether you get what you pay for; this is the general concept while the value of thing you are about to buy increases so should be the thought about it also. For many people buying a flat is the effort of life time; so it is safe to know about it as much as possible before you buy. This short guide will give you some useful information and the things you should take care while buying a flat.
Every one likes to live near to their work place, this has many advantages too like time saving, cutting down the transportation expenses etc… But while considering the location there is more to think of. A home or flat is the place you are going to live and the place you live must give a comfort feel and happiness. Ideally choose a location which gives you enough calm and relaxation.
Now about the basic amenities, the location must have enough basic amenities such as roads, communications facilities, enough water supply and the availability of other services such as banks, hospitals, educational institutions and other religious institutions if you are theist ; these amenities decide the market value of property in that area.
Choosing the right one
It’s always better to choose the size of flat optimum to you and your family. Buying a bigger one will give you the luxury of space but it costs you more and also the maintenance cost will also be high. If you have aged people in home you consider buying a flat which is located in ground floor or first floor. Ensure that the flat provide you enough privacy you require while it have an area like balcony from which you can enjoy some fresh air.
Consider the built quality
Although you can’t asses the quality of inner building materials there are many other things which you can ensure. You can check the quality of door and window frames, flooring material, electrical and plumbing fittings. The layout of the flat will also shed some light to the quality of the builder, is it built in such a way that save the maximum money like building the kitchen and toilet close or in way considering the practical use. Also ensure not much of floor space is wasted in the form of corridors because you are paying for the floor space so make sure maximum of it is utilized. For every product you get warranty there is one such option for flats also; you could ask to include a ‘performance guarantee’ or ‘structural liability’ clause in the sales agreement which will give protections for the time period mentioned in the clause; this is a serious thing which you consider while buying.
You have to make sure that the building is built on legally problem free plot. Any issue such built on public property or built in area not allowed for building will end up losing your home later; government authorities will demolish such building in course of time. The land must be a ‘buildable’ land as per government records. Also make sure that the tax payments are made correctly and the land is owned by builder itself. Make sure that they have acquired permissions from concerned authorities to build in that plot; though these things consume a little time it is always safe to check these aspects before buying.
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