Things To Consider Before Buying A Property

Things to consider before buying a property

Things to consider before buying a property

Investing in property can be a big decision for everyone as this is not a small investment. It may require your hard earned money on large scale. If you want to buy a property then you should be very careful.

Are you going to buy Residential property at Alwar? If yes, then you need to consider lots of things before buying any property, especially if you are first time buyers:

Approval and license:-

You need to check builder's paperwork that may range from environmental clearance, approved building plans, commencement certificate for work and much more. You should also check some important documents like title deed, release certificate, verify land use, approvals by local body, property tax receipts and much more.

Banks ready to fund the project:-

Once you check all the important documents you should find out the list of banks that can fund the project and offer you home loan at lower rate of interest.

Find out the total cost of property:-

Don’t just rely on the words of brokers you should also analyze the value of property. Sometimes brokers just tell you basic costs and you don’t consider other costs associated with external/ internal development fees, service tax, preferential location charges and much more. Whether you are looking for Residential property at Alwar or Residential property at NCR, you should have basic idea about the property rates at that particular locations.

Builder verification:-

It is really very important to verify the builder. We suggest you to do verification by verify its current, completed, past projects. You can also post queries about builder on the many real estate forums available online.

Whether you are looking for a residential property or Villa, can be the best platform to search the best property at best price.


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