5 Fact checks to do when looking for a villa in Noida

by Jesica Sen Jesica sen

Buying a property is a very crucial and challenging work where you have to shell out your hard earned savings and sometimes even loan amount. Even one mistake can land you in trouble. Before buying a property in Noida or any other place it is important to go through all the facts and findings of the property. Given below are the 5 things that must be vigorously verified before buying a property in Greater Noida or in places that you prefer.

Location and infrastructure

Personally visiting the area where the flat is to be purchased is very important. Amenities offered by the builder, proximity to the workplace, educational institutions, health care centres, shopping plaza and connectivity to other places must be properly analysed. Knowing about all these factors is very necessary before investing in new projects in Noida or elsewhere.

Price of the property

Buy villas in Noida extension or any part of India, the property prices differs based on the location, amenities provided and infrastructure. Fix the budget of the property to be purchased and shortlist the project and the location preferred by you. Find the price quoted by the builder and compare it with the rates of neighboring property so as to know whether it's a genuine quotation.

Size of the property

While buying a ready to move flats in Noida or in any place you desire, the buyer must have an idea about the carpet area of the flat ie. the area within the walls of the flat which can be actually used. Whereas the built-up area is the entire area including the lift, staircase, storage place, thickness of wall and so on. To avoid confusion, get the information about the exact carpet area from the builder that will help in calculating the price of the property.

Choosing a reputed builder

Buy a property from a genuine builder having an excellent track record, reputation and is a trustworthy person. The buyer must verify the builders past and present residential and commercial projects in Noida and other parts of the state to avoid unwanted problems that may arise when the property deal is in process.

Legal documents, approvals and licences.

Once you have planned to buy the property from real estate companies in Noida or any state of the country verify all the necessary vital documents related to the property. The list of documents such as the title deed ie.the ownership of the property, sanctioned building plan, release certificate, occupancy certificate, property tax receipt, encumbrance certificate, mutation document. Ensure that the project is approved by the development corporation and local body of the city. It is advisable to go for RERA registered projects that protects the home buyers and ensures timely delivery.

Not only flats but buying villa in Noida or investing in penthouse in Noida is also a wise decision. It is recommended that whatever property you buy remember the above important points that can assist in buying the right property and face no hurdles in the long run.