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6 Facts You Should Consider Before Buying An Apartment In Bangalore

Bangalore is a prime city with people from varied background and culture. The demand for a house or an apartment in the IT Hubspot has always been high. In recent years it has just been on the rise. You have some of the best apartments and houses in the city on offer. However, ensure you check on some of the critical factors before going ahead.

Bigger the market, bigger is the risk. You need to put in a lot of effort, do proper research and get in touch with the right agents to own a house or an apartment in a hassle-free manner in Bangalore. Below are some of the factors that you should consider before locking in your dream home.

Legality

Legality

It does not matter how promising or attractive the property is. Always cross-check for legal issues and make sure all the legal formalities are fulfilled before you proceed. Most of the owners or homebuyers in the city go through legal hurdles. These issues are a major headache and hence seek legal opinion before expressing your interest.

Builder reputation

builder

Check the history of builders and the kinds of projects they have dealt with. Browse the legal history of the brand or builder. Do not sit down for a meeting until you are convinced about the credibility of the builder. You can also take a look at the customer reviews or get in touch with them directly for more insights.

Project location

location

Project location plays a huge role in a city like Bangalore. Most of the working couple need to find the perfect location to strike a balance in their life. Also, you want to have that proximity to major city centres in a vibrant city like Bangalore.

Amenities

amenities

Amenities are another thing that homebuyers look into these days. You want absolute value for your money and having the best-in-class amenities make up for an exciting lifestyle. Go through the profiles of multiple builders and take a look at what they are offering. Since there is competition, builders come up with best offers and amenities to convince homebuyers. Such a scenario gives you an upper hand.

Budget

budget

Set a budget before you begin your apartment hunting. Don’t go overboard and fall for the promises of the builder. Cross verify and be super sure if you are crossing the set limit. Every extra rupee you pay should be worth it.

Current market

market

Analyse the current market price and ensure you are not being fooled. You can even keep an eye on add-on prices as well, such as water supply charges, transformer charges, electrician charges, loan processing fee, stamp duty, registration fee, service tax, parking fee and club membership fee among others.

Owning a house in Bangalore takes a lot and doing it seamlessly is a tough task. Take your time, meet the right people and ensure everything is transparent before you buy your dream apartment. Never hesitate to verify if something seems messy and suspicious.

Good luck with your apartment hunting!!

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