Things To Do Before Investing In A Ready To Move Propertyby Sumit Singhania Online BDM
To begin with let’s take an example of an extremely booming real estate hub - “Noida Extension”. If you are planning to invest in a ready to move property in NCR, you will find many 2 Bhk Ready To Move Apartments In Noida Extension but remember that the quantity never reveals quality.
You might be a first-time investor or probably a new comer in real estate investment. But, definitely not unaware of the proverb “Prevention is better than cure” or “Self-help is the best help”. Thus, to implement these proverbs and to get best out of your investment, it’s better to do some homework well before you allay down your pocket.
Therefore all you need to do is go through the to-do list discussed below before investing in a ready to move property. Although, the list might not be full, yet it will acknowledge you with all the imperative needs.
To-do list before investing in 2 Bhk Ready To Move Flats In Noida Extension:
Quality checks – Take it as an advantage that the property you are willing to buy is ready in front of you, so why not accomplish the purpose? Check the quality of your would be flat - whether the material used is sturdy enough or is plummeting down, also check for dampness as it is a common problem in the walls and ceilings of the newly constructed flats. Although it’s a new flat, still check for any damage if caused from the builder’s side.
Paper work – Never underestimate documentation part as it will be the only proof of all the assets and liabilities on your part. You have to be conscious enough and check each and every detail. Although it’s true for every real estate property but in the case of ready to move property, always count on the authenticity of approval, possession letter, no dues letter, registered deeds and completion of all the legal formalities. Also, collect a copy of occupancy certificate from your builder as this is the only key that can lock up your GST notes.
Payment details – Check for the mode of payments, down payments, EMI’s and any agreement, if it is there. Also, take a written note of everything in order to avoid future ambiguity.
The aforesaid tasks are mandatory ones in every real estate investment. However if you are investing in a 2 BHK ready to move flats in Noida Extension, the task needs an utter emphasis so that you may not miss anything in between the oceanic heart of real estate and of course to the jugglers to grab your hard earned money.
Created on Oct 6th 2017 06:46. Viewed 324 times.