TIPS ON BUYING FLATS IN BANGALORE


Buying a flat in Bangalore is not an easy thing. Upon seeing an ad on “flats in Old Madras Road”, you can’t go straight ahead to purchase it. Several important criteria should be taken into account before making the property transaction. We have listed some of these in this article.
1. Legality:
Ensure that the residential property of your choice has been approved by the Karnataka government. The building plans should follow the government laws and should not deviate from the original plan. The builder should provide you with the government approved documents, including the occupancy and clearance certificate. It is good to take the advice of a legal advisor in this regard.
2. Builder Reputation: Carry out a research on the reputation of the builder. Go through their previous projects and online customer reviews to know them better. There are many incidents in Bangalore where many innocent home buyers have been cheated with the builders’ false promises.

3. Budget: Write down your budget before you start looking for your flat in Bangalore! In addition to the current market prices of flats in the locality, you also need to know the add-on costs including home loan processing fees, club membership charges, registration charges, electrification charges, preferred location charges (plc), service tax, stamp duty, water supply charge, transformer charges, parking space charges, floor rise charge, etc. The actual cost of your property will be the sum of all these charges.

4. Building Amenities: Developers may offer a wide list of amenities just to lure potential buyers. So, look at the bigger picture yourself. Ask for the exact facilities and specifications provided by the builder. This should include both the basic amenities and the luxury features.

5. Area: The mentioned area of an apartment may make you think that you’re getting a spacious apartment. However, the actual living space may be smaller. The price of the flat would include the price per square feet area of the super built-up area, which is the sum of the built-up area and the carpet areas.

6. Project Location: Ensure that the area is well-connected and has resources needed for a comfortable life. Builders have come up with many attractive, fresh flats in Old Madras Road, Sarjapur Road, Indira Nagar, Jayanagar, BTM Layout, Ulsoor, and other well-preferred areas. While making the choice of your area, ensure that it is close to basic prerequisites like schools, grocery stores, public transport, hospitals, banks, etc. It would be wise to choose an area where there are plenty of job opportunities. This won’t be a problem in the IT city of Bangalore.

7. Competitor’s Work: Carry out a research on the residential projects being carried out by the competitors in the area you have chosen. Making comparison between different projects will help you make a better choice on the amenities, quality, and the price of your flat.


With the above listed tips, you can go ahead choosing the right flat for you in Bangalore. We wish you the very best in all your flat searching endeavors!

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