MANJEERA CONSTRUCTIONS

Thursday, September 8, 2011

Things You Should Know Before Buying an Apartment


Things You Should Know Before Buying an Apartment

If you are going to buy an apartment, this article will show you a checklist of things that you should verify before buying. We’ve made this list to make common man  aware of things that he/she need to know before buying, avoid unpleasant surprises and of course invest carefully on the Home/Apartment.
  • Decide on the area you want to buy an apartment. This may involve spending some time in that area enquiring about the locality and facilities. Doing required research at home on net is also help full.
  • Before you buy, research the market to make sure you are getting value for money. Talk to independent value estimator, consultant or real estate agents, and check recent sales in the area.
  • Visit as many places as you can look for properties that fit your criteria, so you’ll have a good idea of what your money buys.

What to do once you find the apartment

  1. Check that the property you are interested in is close to the facilities you require. For example shops, public transport, parks, hospitals, schools, work, gym, etc. – A valuable tip if you want to earn some time.
  2. thou the scenarios changes if you deliberately wants to keep away from hither thither of traffic and pollution in that case gated community villas are good option.
  3. When you choose to live in an apartment consider whether the building is close to clubs, cafes or other live music venues. What is the amount of passing traffic – will it be noisy at peak hour? Will the noise affect your lifestyle? It is a good idea to arrange an inspection of the building during the evening or during peak hour traffic before you agree to the purchase.
  4. How old is the building? You should consider the age of the building. Are any facilities likely to require repairs or replacement? It is strongly recommended that you obtain an architect or engineers report on the building before deciding to buy.
  5. What are the security measures for example, can anyone walk into the building? Are there any security cameras?
  6. Does it have a balcony so you can enjoy the view or afternoon sunshine? Or are you blocked by other buildings or facing the wrong way for the sun?
  7. What are the maintenance charges? Many people don’t think at this aspect when they buy a new apartment. They will generally cover the municipal tax, property tax, assessment tax, water charges, common electricity charges, elevator charges and charges for hired help, like the garbage cleaner and security. Find out how much is the maintenance charge, what is included in the charge.
  8. Thoroughly examine and verify the various offerings and other amenities - such as children's park, swimming pool, gym and club -- provided by the builder and get everything on paper. This will help in resolving a dispute in case that arises later on.

  1. If you have a car this must be an important question to ask. Will car parking be provided and do you have to pay extra for it? Check with the seller of the apartment if his/ her parking slot will be made available to you. If you’re previous owner did not have a vehicle, speak to the secretary of the society and ask for a parking slot.
  2. Verify the facts all by yourself and take safeguards to protect yourself from being short-changed during the delivery of the final apartment. It’s always better to buy a home from reputed and trusted builders, in this case Manjeera constructions proudly claims to be the cleanest builders in terms of customer satisfaction, maintenance and delivery of the product, for us customer satisfaction is the most important thing.
  3. One of the better ways to avoid landing in trouble is to buy a builder's flat by taking a home loan. This helps as "the bank would always enquire and verify the project, the builder and his past record
  4. Ensure that the fine print on the amenities are clearly understood and clarified by the sales team
  5. Recheck with a senior member of the developer's organization the promises made by sales personnel in case you are not satisfied with the answers given by him or to get full confidence on the statements made by the sales personnel
  6. Don't relax even after buying your flat. "Visit the site during construction to see that the developer is installing what was promised earlier and also in the proper manner. In this case again Manjeera Developers proudly claims that we regularly update our buyers the pics of the site’s ongoing process and status both online and offline, we have a separate team to update our buyers.
  7. It is always advisable to check the quality of the flat after completion. Because it has generally been observed that a majority of builders are still not consistent with quality of the sample flat and the constructed flat/ apartment. When you invest money it’s your right to know your value for money, Manjeera Constructions encourages such queries.
Hope this article is useful for the reader, Manjeera is a construction, real estate, hospitality and infrastructure conglomerate, with a strong lineage focusing on quality, innovation, cost-effectiveness, Eco-consciousness, customer delight and adding value to stakeholders’ interests.
Sarveh janah: Sukhino Bhavanthu

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