Thane Edition – Facts, Investments, Real Estate Industry and More updates
Thane
has become the best place to invest and live in. Buying your own property is a
decision of a lifetime. There are many things associated with purchasing a
property in Thane or anywhere else. Buying your own property gives you a sense
of belongingness. However, one must
refrain from getting carried away and make sure to check certain facts and
additional hidden costs prior to investing in flats in Thane.
- Location - As the demand for real estate
in Mumbai is increasing, things are changing constantly on this front.
Builders search for more and more niche properties to invest in. One must
see to it that the location suits your needs. Near Thane, other spots like
Thane Extension is becoming very popular. Whether it is 2
BHK flats in Thane or 1 BHK, the location will always matter once
you start commuting to and from that particular place.
- Inspect the property thoroughly - This is
another very significant characteristic. It is crucial that all the
property documents should be carefully checked. Whether it is the sales
deed, OC copy, the RERA Approval or the builder’s reputation everything
should be thoroughly verified prior to purchasing property from the new
projects in Thane. Also, other things like gym, parks, gardens, proximity
from schools, colleges, hospitals, as well as religious places must be
checked too.
- Maintenance charges - Sometimes we do get
carried away because of the posh locality but don’t forget that the
maintenance charges increase with the amenities provided. For instance,
maintenance charges are high for towers as they have backup generators for
elevators and other amenities. If you have taken a home loan these charges
can pile up and increase to a great extent so it is better to be aware and
prepare for this beforehand. Therefore, along with keeping track of the
upcoming projects in Thane also note their maintenance charges.
- IGR Charges - Intimation of mortgage by
way of deposit has to be given to the registrar office for the bank from
which you take the home loan. It is a mandatory procedure if not done
within a month can cost you a penalty too. This can cost you around
Rs.1500/- if you do it on your own or its double that is up to Rs.3000 if
you get it done from an agent. This is crucial whether you are purchasing
flats in Thane west or elsewhere.
Nowadays
you have an option of saving some money by going for under construction and not
just ready possession flats in Thane.
Share this article & your thoughts with us in the comments below!
Comments