HomeBlogBuying a Resale Flat? Here is a Checklist that You Should Consider

Buying a Resale Flat? Here is a Checklist that You Should Consider

When you decide to buy a resale flat, there are couple of aspects to be considered before buying a resale flat. For instance, if you are planning to buy a resale flat in Pune and checking out for options these are the parameters you should have a close look.

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How to Start Real Estate Investing Business

Locality

Locality is one of the important aspects to be considered before opting for a purchase decision. A better locality with like – minded neighbors always make life easy. Moreover, it’s also important to check out the surroundings. A clean and hygiene surrounding keep you healthy. You would definitely not like to have a view of garbage dumping or smell the stink of the same in the morning when you want to enjoy a cup of coffee from your balcony

 

Age of the property

It is always advisable to opt for a flat between 15 – 50 years, if you want to buy a resale flat. More than this age will not be considered as a good choice as everything comes with a expiry date and so the materials used for building the flats

Carpet Area, Built – Up and Super – Built – Up Area

Check the Carpet Area, Built – Up and Super – Built – Up Area properly. Carpet area is the actual floor space inside the flat, Built – Up area is the space along with the depth of the wall and balcony whereas Super – Built Up area includes the stairs, common area, lobby etc. So, before you finalize your deal, ensure you have these respective data with you

Facilities and Amenities

There are certain facilities and amenities which become very important with time. For example, if you are opting for a flat at 17th floor of the building, it’s important to check out the conditions of the lift and available number of lifts. After a long tiring day of work it would be a real stress for you, if you need to climb up 17th floor, then it could be a serious concern for you. Likewise glance through the other facilities available, as the society will definitely have some fees associated with all the amenities it provides like swimming pool, gym etc. Before agreeing to the same, ensure you have the access to those

Connectivity with the city

Traveling long distance and battling the massive traffic is very exhaustive, hence it’s important to have a good connectivity with the city. Before deciding on the property do ensure that along with the good connectivity with the city you have schools, bans, ATMs, theater, coffee shop, pub etc at the vicinity


Legal Matters

Well, if you are not a pro in the legal matters, it’s always advisable to refer to an experienced attorney, since there are lot of things to be checked like the papers of the property ans so on and so forth

Your Financial Conditions

Since, investing in a long term affair, ensure that you’re financially well secured. Apart from the initial down – payment, there are other expenses too, to take a toll on your financial health, if you are not a proper back – up. Ensure you have good financial cushions to take care of your contingencies

Another important aspect of buying any property new or resale, you need to locate your flat. This could be done by contacting agents/brokers or the developers. One of the limitations with these, that you get access to the properties, which are only available to them, hence you tend to compromise on your expectations from your dream home. Well, now you have Housing.com, which shows you properties across 26 cities; all verified by Housing.com along with the photographs, lifestyle ratings with the overview of locality and neighborhood, filters to streamline your search as per your priority along with the topographical view providing the exact location of the property as well as connectivity and commutation options. These features ensure a perfect virtual visit to the property as per your convenience to ensure that you are served with all the options available, so that you don’t need to compromise with your dream home. Housing.com has also launched their android and iOS app to simplify your home search. Even they are also reachable 24*7 to guide you to your dream home

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