Sunday, 7 June 2015

MAKING THE DECISION TO BUY A DREAM HOME IS AN EXCITEMENT, BUT IT’S ONLY THE HALF BATTLE WON

SHELTERING YOUR HEAD UNDER THE PERFECT ROOF IS THE ART OF CHOICE
Home is a place that gives you unconditional love, happiness and comfort. It is the place where you can bury your sorrows and shame without guilt. To feel homely, you don’t need to the trappings of opulence. It’s the biggest investment decision of your life and will take up most of your savings. Now you need to find the property that’s the perfect fit for you, your family and guests.

Prime Hub (Future in Perspective): It is not necessary that project on main roads has location advantage; down the line, after some years it shouldn’t be the case that you realize that you have done a mistake by selecting Residential Project located on the main road because of increased traffic sound and commercial activities.  You should check for basic facilities like grocery store, schools, hospitals, public transport and the like rather, while selecting any location.

Get a hold on your temptation: Don’t go by the sample flat, it is meant to attract customers and includes several furnishings that actual flat won’t have. A sample flat is a decorative item. Therefore, don’t go by what you see and inquire about each and every aspect of the house.

Builder Reputation:  Check the history of the builder/developer as a buyer/investor. Visit old buildings constructed by the same builder, you will be in a position to decide upon the quality standard followed by the builder. Check the past history so that you can make a prediction that whether builder will provide the flat on promised possession date or not.    
  
Features and Specifications: Features are the building facilities and specifications are related to facilities and amenities provided in the flat. Every Builder/Developer gives host of features and specifications to lure buyers. The important part in this regard is to understand which features and specifications are of real use and which are cosmetic.

Financial helping hand (Loan facility): Builders often rope in banks for hassle-free financing. Banks do a thorough check of the property, and the prospective buyer doesn’t have to go through the hassle of getting the project approved by a bank surveyor for a loan. Bank assures you of sound legal and technical credentials.    

Area Calculations: there are three basic and commonly used terms which you will come across while buying any residential flat/apartment and the list includes: The Carpet Area (area within the four walls), Built up Area (area including the carpet area and area occupied by the walls), Super Built up Area (area including the carpet area, built up area and proportionate of common areas).

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