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Things To Check Before Investing In A Flat House

Posted by Admin on September, 04, 2019

Well, making an investment in a new house or flat can be considered as a crucial decision of your life. It is because the place where you are investing your years of saving and planning should be worthwhile. Hence, it is very important to consider several points before you move forward with your idea. You need to make a proper choice so that you do not need to regret in the future. There are a few key points which you need to ensure checking before investing in purchasing a new flat house in Keshwapur.

Price of the property:
This is the first and most important thing which you need to consider when selecting a house or a flat for yourself. The price factor makes it quite easy to shortlist a house which suits to your type and requirement. All you need to do is compare the prices of the flat houses in a selected region under various builders.

Based on the various price quotations, you can confirm whether the price quote of your property is a genuine one or not. You can get several comparative properties in your area using various online websites and brokers or agents. In some cases, you can even get the required price details from sources like newspaper listings and portal listings.

The carpet area of the flat
Just like the price, the carpet area of the flat is also an important factor which you need to check. Generally, the area of the property or more commonly, the super built-up area which is listed within the entire area includes shafts, the space for elevator and stairs, thickness of the wall and the lobby space.

However, when it comes to the concept of carpet area, it takes the actual area into account. This area is about thirty percent less compared to the super built-up area or the basic area, which is used for the calculation of the property price. So, it is quite important to know the carpet area of the flat.

Record of the land
The land on which the flat house is built is a very crucial factor. You need to undergo brief research and know about the quality of the soil, the topography, and the way the house is constructed. You also need to ensure that the plot on which the building is constructed is free from all kinds of dues and is registered under the category of residential property.

It is very important to check the title deed and verify and check it in details. The deed gives all the related details regarding the rights, ownership, and all other obligations of the property. So, it is recommended to go through it properly before investing.

Apart from these three important points, you need to ensure that the house all proper water and electricity supply, services from sewage boards, and all the required NOC and certificates from the Municipal Corporation. You should also check for the location of your flat house in Keshwapur to ensure that your place is easily communicable.

This entry was posted on September, 04, 2019 at 12 : 26 pm and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response from your own site.

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