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Flats for sale in Greater Noida: Look Before You Leap

by Paramount Group Paramount Group - Best Real Estate Builders in Noi

Investing in a property like an apartment or bungalow is a crucial decision of your life. This is perhaps a dream that you are cherishing for a pretty long time. You are going to invest years of savings in it. You may have already checked a few flats for sale in Greater Noida. You need to keep all possible points in mind before making the final decision – look before you leap. Buying a property may involve getting a loan from the bank that leads to monthly installments to the bank that will reduce your disposable income. That means, buying a flat or house is a big decision in your life. So, you must be extra cautious.


 

Important things to remember while buying a house

 

Here is a complete checklist that will help you deal with the builder when you are determined to buy a property:

 

        Fix your budget

This is important and the first step in buying a property. Fix your budget. If you have already checked the flats for sale in Greater Noida, you might have noticed that some properties are too costly, some are moderately expensive, and some are low priced. It all depends on the locations, amenities, and property area. If you fix your price, buying a house becomes easier and faster.

 

        Estimate the maintenance cost

 

From the very first day of buying property, your expenses on it will roll on. Several types of expenses will start loading like maintenance charge, property tax, water tax, and many more. Estimate your monthly and yearly expenses before taking any final decision.

 

        See the land record

 

The land on which your house or apartment is established is crucial. If it was a wetland ensure that the soil quality and topography of the land are good. The land should have a legal permission for building houses. Ask for the land record and read it thoroughly.

 

        Carper area of the apartment or house

 

Normally, the super-built area includes common passages, steps, lifts, wall thickness, and shafts. The carpet area is the actual area that you will be able to use inside the apartment. Ensure how the price of the property is calculated and whether that is mentioned in the agreement or not!

 

        The legal aspect of the property

 

Find all legal documents related to the property including the NOC from the municipality, NOC from the sewage board and water supply department, and legal status of the land.

 

        Read the agreement well before signing

 

You have to finally sign the builder buyer agreement. They will hand over a true copy of the agreement to you after signing and registering. Read all points on the agreement minutely and ask for any clarification straightforward.


Buying a property is a big decision in your life. Check all legalities of the property before taking any final decision; after all, it’s a lifetime decision. Ensure that you know everything about the property you are going to buy.


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About Paramount Group Junior   Paramount Group - Best Real Estate Builders in Noi

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Joined APSense since, February 3rd, 2021, From Noida, India.

Created on May 7th 2021 01:51. Viewed 287 times.

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