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Buying a new home is one of the most important decisions in every average Indianu2019s life! After gold, buying an own property is the most demanded and popular investment option. Buying a new home has become a difficult decision since the onset of the pandemic. The chances of getting duped and cheated out of your money is high in this field. A home is a long-term investment and therefore it requires extensive analysis before splurging on your own property. We have compiled a list of important things to know and consider before buying your next home.
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Are You Planning to Buy a New Home? Here are the Things to Know. Buying a new home is one of the most important decisions in every average Indian’s life! After gold, buying an own property is the most demanded and popular investment option. Buying a new home has become a difficult decision since the onset of the pandemic. The chances of getting duped and cheated out of your money is high in this field. A home is a long-term investment and therefore it requires extensive analysis before splurging on your own property. We have compiled a list of important things to know and consider before buying your next home. ● The Built-Up Area The built-up area includes the total area in which the entire property is built on. Prospective buyers usually tend to ask about the square footage of built area, which is not ideal when it comes to purchasing a home. The Built-up area, essentially includes: Balcony or terrace area Floor space Walls and additional columns If its an apartment, the percentage of shared spaces ● Common Amenities When you are looking for 2 bhk flats for sale in chennai below 50 lakhs, it is highly probable that you will be sharing certain amenities with other residents. It is
advisable to learn the list of amenities that you’d share with other occupants to avoid confusion in the future. Some of common amenities that most occupants share with other residents in an apartment include: Staircase Terrace Parking Indoor amenities Garden area Children’s area ● Occupancy Certificate Not many home buyers analyse the details of the building. While trusted builders comply with the government rules and regulations, there are realtors who follow malpractices and do not comply with rules. It is to be noted that every 2 and 3 bhk flats in chennai and individual homes have a set of rules that can be met with by the builders to get the occupancy certificate. Verify whether your home has been certified by officials to avoid issues in the future. ● No Objection Certificate A No Objection Certificate is a green light that ensures that it is safe to buy a property in the preferred location. The builder must obtain a NOC from the local councillor that shows the building is erected legally. While buying your property, ensure that your realtor has a NOC since it is one of the important documents for homeowners.
Looking for a property in Chennai is a complex affair. So many Flats for sale in Pammal and Flats in Pallavaram. But when you choose a trusted agency, realtor or construction company, you can buy your dream home without a hindrance. Viva Housing is one of Chennai’s leading realtors with active and upcoming projects across Chennai. Click here to know more.
