Are
you planning to buy a 3 bhk flat in Gurgaon? Investing in a new flat is
not a simple thing. It means a lot of preparation from mental and financial. It
takes a lot of savings and years of preparation. Hence you need to keep all the
possible points in mind before you take the leap and make a selection. Although
some of the key factors to be considered while investing in a new flat are
location, possession date and price, some more parameters need to be locked
into while purchasing a new flat.
Property
Price:
The
first step in selecting a house or a flat is to fix a budget. It makes it
easier to shortlist a flat if you know how much you are willing to spend on it.
Compare the price of the property in question with the ones surrounding it from
various builders to get an idea if the builder has offered you a genuine
quotation.
Flat’s
Carpet Area:
Usually,
a property’s area or the super built-up area that is listed is the entire area
including shafts, elevator space, stairs, the thickness of walls and others.
However, the carpet area is the actual area within the walls of the flat. This
area can be 30 per cent lesser than the built-up area or the area used to
calculate the price of the property.
Land
Record:
The
land on which your flat is built is very crucial. You must research the soil
quality and topography of the land on which the house is constructed. The plot
should also be clear of all dues and be registered. Before buying a house, the
title deed must be verified and checked in detail. The deed gives all details
on the rights, ownership and obligations towards the property.
Legal
Check of Property:
Ensure
the property is legally authorized to be constructed on the plot it stands on.
The developer should have approvals and NOCs from Area development authorities,
water supply and sewage boards, electricity boards and Municipal
corporations.
Buying a new flat in an unknown area is a huge thing. And especially when you are buying a 3bhk flat in Gurgaon. You must remember all these points while buying one.