If i want to purchase the apartment what are the points i have to verify ?

Q: I am planning to buy one Flats in velachery i search more builders before purchase what are the verification i have to do please any body help .

sankari, Chennai

19th October 2015

Buying property in Chennai

flats in velachery

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First things first, make sure the real estate company you invest with is reputed and has a good name, one of my friends went through the lengthy process and ended up getting cheated. I made sure I did a background check and finally came across Radiance Realty, they are doubtlessly the best developers in Chennai.
Once youve found your company, get your papers and licenses in order, make sure youve arranged for funds, be it loan or EMI and keep the loan settlement ready. Your sale deed will come into the picture once the apartment is booked and most importantly make sure the handover date is specified in the deed, so there is no delay in possession.

Anita Shetty,

8th December 2015

Comment

Documentation and legal paperwork forms a major part of a transaction between a buyer and seller in the real estate sector.Here are list of important documents one must check as one finalises a new property:
1. Sale Deed
2. Mutation Deed
3. Loan Statement
4. Allotment Letter
5. Search Report

Alex Stephen, Chennai

22nd October 2015

Comment

Hi , What document one should look while buying property?

Kiran Kumar, Chennai

21st October 2015

Comment

Thanks all for giving your view in this regards, I want to know what is the things to consider before buying a home?

Kiran Kumar, Chennai

20th October 2015

Comment

Buying a home is like a dream come true for most individuals.Buying a house is probably the biggest and the trickiest plan of one’s future. The steps involved in purchasing this house can be very exhausting and complex that why it is very important that it is chosen very carefully and patiently.
Various think you have to keep in mind before investing in the property:
1. Conduct your own survey
2. Consider your budget and location.
3. Exact Need and future requirement.
4. Get to know the property and their age.
5. Project inspection by professional.

david.m,

21st October 2015

If the property has been developed jointly by the owner and a builder, scrutinize the joint development agreement, which mentions the terms of development of the property. Also to know further kindly refer the link: Documents to be verified before booking a property
Documents to be verified before booking a property

Srinivas , Chennai

20th October 2015

Comment

Thank you very much .

sankari, Chennai

20th October 2015

Comment

Few basic areas where one should must look before entering into the property market. These are -
1) Know your budget,
2) Research online,
3) Use formal indices,
4) Ask experts experienced person.

Your circle of friends and family who have bought property could also help you out. Don't hesitate to listen to pieces of advice from multiple sources. But always be sure that an expert may be able to guide you better.

Sundar, Chennai

20th October 2015

Comment

It is always better to search property online. After selecting property search for News, forums, real estate portals, reviews, suggestions and discussions that is found on the internet can be a good source of information. These are very useful methods to know whether there have been issues, complaints about infrastructure, developments in the area and future prospects. Both positive or negative news will help you balance your decision and will help you know whether you are making the right investment.

ajit pandey,

20th October 2015

Comment

Guys Tambaram is a very peaceful area surrounded by fully villas and apartments. Free pollution, near to daily needs, sweet ground water, under ground pipeline and very near to Tambaram railway station only 8 kilometers and only 17 kilometers from airport.

sharath, Chennai

20th October 2015