Showing posts with label best real estate company. Show all posts
Showing posts with label best real estate company. Show all posts

Monday, 22 May 2017

Top reasons you choose a 3BHK Flat for your new family



Owning a home is a dream that everyone has at some point in their lives. Buying your first home is not easy especially when it requires you to put in all your hard-earned savings. It takes years of planning. One such important factor, while buying from a real estate company in Lucknow that can become an important consideration for you is the size of the house – whether you should buy a 3 BHK or a 2BHK for your new family? Are you confused which one will be perfect for your family? Read below why a 3 BHK will be better for you and your family:

More Space

An obvious visible difference between a 3 BHK house versus a 2 BHK house is the extra bedroom space that the former provides. Everyone wants to live in a house which is spacious, have more room to roam about and relax and can be considered for several other purposes. Consider the size of your family, how many members will be moving in? Do you plan on hosting often? Do you plan on creating a home-office? All these considerations will allow you to make a decision in favour of a 3BHK.


Cost Benefit

In the current economy, the fact is that buying 2 BHK is not too cheap in comparison to investing in a 3 BHK apartment. In case you have made up your mind for buying 2 BHK, why not spend some extra amount and buy 3 BHK? The reason is that while the cost will increase slightly, the benefits that you can get by that increased cost are manifold. In case you are planning to take financial aid in the form of bank loan, getting a better deal on your loan is easier when you are buying a 3 BHK.

Appreciated Value

The price of property is rising at an alarming rate. If the trend continues to remain the same, your 3 BHK can easily become 2-3 times of the current value in a decade or so. Imagine the benefit you can get out of this appreciation on a 3 BHK apartment versus a 2 BHK apartment. Many house owners prefer to buy a 3 BHK house mainly for investment purpose as that can yield in high value after few decades.

Think of the Future

While a 2 BHK may look apt for you and your family in current scenario, it may look congested and small keeping in mind the future of your family. You should never buy a house basis the current needs; always think of future aspirations and family needs – especially your growing kids and old parents. Please remember the fact that you may not be able to change your house so easily in future so whenever you want to invest in your house, please do it wisely thinking of the future.

Office or Recreation Space

Many house owners now-a-days don’t shy even creating a small office space or recreation space within their rooms. Pursuing your own hobby and ensuring overall growth of your child can be easily done within your home premises. So in case you have the luxury of an extra room in your house, you may very well convert it into bedroom, study room for your kids, office space for yourself and a multi-purpose room for relaxation and enjoyment.


If you are planning to invest money in your own house, it makes sense to buy a 3 BHK owing to the above main benefits.

Friday, 12 August 2016

Avoid Real Estate Scams- How to Choose the Best Real Estate Company to Avoid Scam

Avoid Real Estate Scams
Builders and developers have played a pivotal role in the burgeoning Indian real estate industry. Besides the well-entrenched real estate giants, a number of smaller companies too have joined the fray in an effort to grab a share of this lucrative pie. In such a scenario, prospective buyers often get confused about choosing the best builder. They often choose the less experienced real estate developer and land in a series of unfortunate consequences, with respect to the construction of their dream home. After all, building a home is a major investment for the lifetime, and you would not want to take chances.


With the help of following tips, you will learn how to choose a builder.


Conduct a Background Check

Conduct a check on the background and reputation of the builder. For the purpose, you may consult people in your locality, who have availed the services of the builder in the recent past. Peruse the previous projects the builder has executed.

Ask for References

Ask the builder a list of the addresses of his recently build homes and townships. This will help you learn the general idea of the builder, about constructing homes.

Talk to the Previous Clients

If possible, try to get information from the occupants in his previous projects. By doing so, you would be able to know many things about the project, such as the timeliness or delay in its completion, quality of construction, compliance with the agreement, amenities provided by the builder etc.

Ask for the Documents for Credibility

Ask for the sanctioned plan of the project. You must ensure that the project has been fully approved by the concerned authorities of the Government.

Scrutinize the Sample Flats

In case you get to visit a sample flat constructed by the builder, then carefully examine the features of the home. If it is fully furnished, then take a look at the quality of the cabinetry, carpeting, paint etc. In case if it is not furnished, then consider the dimensions of the rooms (their size and shape) as well as their placement.

Reassure the Prices

Make a careful examination of the prices quoted by the builder. Find out if there are discrepancies between what is being promised in the brochures and what is actually on the ground. It is always better to purchase a built flat than one, which is yet to be built.

Ask for Project Ratings

Ask whether the project is rated by a credit rating agency like CRISIL, ICRA or CARE. ISO 9000+ certified companies usually offer good quality services and products. Check if your builder's firm is an ISO certified company.
  • Ensure that the builder has obtained a 'completion certificate' and an 'occupancy certificate'. This is the proof of compliance with all local municipal regulations. Without this, you could get into trouble at a later date.
  • Speak to as many people as possible, about the builder and the project, before signing the cheque.

Check for the Total Area Covered

In most of the cases, the cost of the property being bought is calculated on the total area available. However, it should be based on the total covered area. Before finalizing the deal and setting up the price, do check what and how much area you are paying for. This can help in saving some money. If one has to buy flats in Lucknow, he or she can opt for LDA flats in Lucknow or get associated with any credible real estate company in the city.

Summary:

Choosing the right and honest real estate developer is important in order to avoid wasting time and money on the wrong deal. Therefore, one needs to be careful while choosing a real estate company that provided flats to buy.


How to Avoid a Real Estate Scam

How to Avoid a Real Estate Fraud

Common Real Estate Scams and Tips to Avoid them

Protect yourself from rental scams

real estate scams and how home buyers can avoid them
Avoiding Real Estate Scams