Buying a house and buying
apartments is a different thing. The process of purchasing an apartment is much
more complicated than buying a house or a piece of land. If you are buying any 3 BHK apartment in Gurgaon for the first time, here are a few
suggestions that you can follow. Read on to find out more.
First, you have to understand the
difference between leasehold and freehold. In the case of a freehold property,
the buyer owns the land and the home. On the other hand, a leasehold is a
property that you pay to occupy, but you share the property with other people.
For instance, flats are leased as they are made in a building that’s shared
with hundreds of other people.
In the case of leasehold, the
buyer buys the right to live in the said property for a specific period. Over
time, this value comes down. Therefore, you must find out the time remaining on
the lease. You can ask your real estate agent to find out this information for
you.
The service charges may include
general maintenance as well. However, it may not cover major repairs like roof
repairs or any others. For large repairs, make sure you know the person who
will pay for them. This is quite important, especially if you have a limited
budget for repairs and other tasks of his sort. Keep in mind that major repairs
will cost a great deal of money.
If you have a pet or are willing
to have a pet, then make sure you know if you can keep pets in your apartment
or not. Some apartment buildings don't allow any type of pets. Similarly, some
apartments don't allow you to play music after a certain time. Therefore, you
should ask your real estate agent about the restriction you have to
follow.
Make sure you remember all these tips whenever you are looking for a 3 BHK apartment in Gurgaon. With these tips in mind, it will be much easier for you to make the right choice and avoid some common mistakes. Hopefully, this can help you go through the process more easily.
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