Ba­sic checks be­fore you in­vest

HT Estates - - FRONT PAGE -

Don’t be an im­pul­sive buyer Check the ba­sics – is the apart­ment large enough, is the con­struc­tion qual­ity up to mark, is there water and elec­tric­ity short­age in the area etc. Also check the ba­sic sales price of the unit What’s the to­tal cost: Ask the builder or the seller for the to­tal cost of the unit. In to­day’s mar­ket, most de­vel­op­ers will be will­ing to pro­vide fa­cil­i­ties such as park­ing, fur­nished kitchens as part of an all in­clu­sive deal. Also check for the main­te­nance fees Go for re­puted de­vel­op­ers: Al­ways check the builder’s stand­ing in the mar­ket, the projects that he has de­liv­ered in the past, the qual­ity of projects com­pleted etc. Try and speak to a few res­i­dents of the so­ci­ety that he may have con­structed and given for pos­ses­sion to be sure that you are not in for any un­pleas­ant sur­prises Ba­sic qual­ity checks: If it is a ready-to-move-in apart­ment, make sure you in­spect the floor, the qual­ity of tiels used, the walls and look out for any roof leaks. The walls should be strong enough to re­tain nails and screws with­out crum­bling. Also check for the qual­ity of the lift by get­ting into one if pos­si­ble Are in­fra­struc­ture fa­cil­i­ties in or­der? If it is a project which is in the fi­nal stages of com­ple­tion, check if there are plans for Metro con­nec­tiv­ity in the area, bus stops or taxi stands. All said and done, the project should not be lo­cated in an is­land, proper ap­proach roads, shops and trans­porta­tion fa­cil­i­ties are a must

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