Monday 30 January 2017

5 Factors to Consider When Buying a New House


No matter if it’s your first time or you’ve bought a house before, there are certain rules that need to be followed. Of these, the most important one is to conduct a thorough research of the property you are planning to finalize. There practically are hundreds of residential projects being developed across the city that may seem to be the best possible option – budgeted rates, good interiors, easy availability of water and power and much more. But there are a number of other essential factors that cannot and must not be ignored. For it’s your hard earned money that you’ll be investing. Here, in this post, we list down some of the most important factors that must be taken into account before zeroing upon a residential property in Meerut

Master Plan

Though master plan of residential projects today, are designed in a way that they maximize space and offer exactly what they claim, its best to get the total area verified before finalizing. Lately, a plethora of cases have been reported wherein developers have fooled the buyers by promising expansive spaces, charged them accordingly and delivered way lesser than their claim. 

Resale Apartment 

If you are planning to purchase a resale apartment, it’s best to talk to the seller beforehand about the house. Enquire about the property, the facilities available, whether the neighborhood is fine and more. Additionally, make sure to get the title deed from the owner and do not believe those who say that the deed is with the previous owner. They are simply fooling you!

Location

Next on the list is the location of the property. While it seems to be a secondary thing to worry about, it evident isn’t. Enquire about the locality from people living there and neighbouring societies, and even pay a visit to the place to take a first-hand look of where you are planning to shift. It’s very important that the environs of the locality give away positive vibes and is in proximity with major catchments of the city for convenience filled living. 

Crime Rate

This is yet another essential factor that needs your attention. An area that’s prone to crimes must be avoided no matter how good a deal you may be getting. Consider other options. After all, your safety is more important than a mere house.

Inspect the property

Let’s say the property you’ve finalized meets all the above listed requirements – a good locality, a good developer, least crime rate and excellent master plan residential project, there is one last thing that you need to do. Inspect the property, especially, if it’s a resale one. For, the chances of a resale property having flaws are quiet high. Check for any kind of leaks, cracks and moisture in the walls, damages in the structure, rusty pipes and termites. Zero upon one only if it has no or fixable flaws.

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