We have all seen the heavy construction activity and the signboard "Flat for sale" if we reside in any urban or suburban city of India. We would like to share some key points that buyers should keep in mind before they go for purchase decision.
A flat for sale has its price tag and builder name attached to it. However beyond the visible points and attractive offers lie many hidden points and clauses to be informed and cautious about.
Consider this: in 2010 alone more than 500 residential projects were launched in NCR. In such a scenario, it becomes really difficult to choose the best option. More because there is hardly any source of authentic information, the buyer is more or less left on his own. However an informed buyer is likely to make a superior choice provided some points are taken care of.
We recommend that investors really take into account the following points before investing in any flat for sale .
The builder repute is of utmost important. As far as possible you may avoid a new builder until you are really sure of him
Always cross check the builder credibility if the bank, Pl note here, if the banks are ready to give complete advance loan to the builder, it to a large extent indicates the builder is good.
Avoid street side dealers. They will vanish at a faster pace than their growth. Choose the right property broker. You may take a reference in this regard.
Two of the most vital criteria for investment in a flat are On Time Delivery followed by Construction Quality. Both these factors will together provide the basis of your investment prudence. And we maintain that any project that successfully meets the above two criteria will continue to give best returns for your investment.
For more such information and real estate buying tips: Pl visit: www.home4sure.com . It is one platform where several industry experts come together to guide you with your investment decision.