Buying an apartment is one of the biggest decisions you make in a lifetime. It undergoes a detailed understanding, planning, and calculations. Bangalore is a city where people move drastically for their professional as well as personal matters. Hence, investing in an apartment at a place where you belong is one of the greatest requirements.
As the city is big, the new home buyers often find the task to hunt for their perfect home exhausting and tiring. But by understanding every process that undergoes within buying an apartment and detailed planning, this could be made simple. An apartment is always one of the best investment as they come in ready with all the amenities and requires very less space. Prestige Elm Park is an upcoming luxury project coming up in Whitefield, Bangalore.
The city is home to various reputed builders and developers who offers different kinds of residential spaces. As there are a lot of options available, it can make the buyers both convenient and confused at the same time. In order to make this whole process easier, we have put together some of the basic things to be kept in mind before buying an apartment in Bangalore.
Location
This is one of the crucial steps before buying an apartment. The traffic in the city is much more popular. Hence, find an apartment that is close to your working destination and your kid’s school. Make sure that the locality has all the necessary social and civic amenities including hospitals, banks, transportation facilities, and entertainment options. Assure that the locality has an uninterrupted water supply and a clean surrounding. Also, choose a locality that has great connectivity to other parts of the city. This will make your life much easier. Investing in places such as Whitefield, Indira Nagar, Koramangala, and Sarjapur will be of huge benefit. Choosing prime locations like this will ensure higher income in terms of rent if you plan to lease your apartment in the future.
Choosing the Right Builder
You must have a proper idea of the builder which you are choosing as there exists a number of builders in the market. It is ideal that you visit their previously constructed apartments in order to have a proper understating about the quality of construction and facilities available. This will help you compare the available options and choose the best. The credibility of the builder must be checked through their past performances and timely delivery of previously finished apartments. Apartments from reputed builders will fetch a higher amount in terms of rent as well as have a huge resale value. Find expert help if necessary.
Legal Aspects
Make sure that the property which you are choosing legally certified with clear titles and approvals. The property layout must be approved by relevant authorities such as Bangalore Development Authority, Bangalore Metropolitan Region Development Authority or Bangalore International Airport Area Planning Authority. Also check for the RERA (Real Estate Regulatory Authority) registered number. It must be difficult for a new home buyer to know about all the legal aspects and procedures undergoing regarding the purchase of an apartment. In order to make this process simple hire a lawyer who can help you with all the legal procedures.
Amenities
Today apartments come with different facilities ranging from basic to high end amenities. An apartment must be well equipped with all the essentials which will make your life more comfortable and convenient. Choose an apartment which has the facilities based on your needs and requirements. Make sure that the amenities listed by the builder is provided.
Inspect the Property and Check the Floor Plan
Inspect the apartment thoroughly by visiting and taking a tour of the model provided. Especially if you are buying a ready to move apartment examine every minute detail regarding the property. Make sure to clear all your concerns regarding your future home.
Inspecting the property alone doesn’t help, you must check the floor plan as it has all the detail including the design and measurement of the apartment. Ensure that the property is built according to the floor plan and every detail provided in it is accurate.
