Buying a new flat and investing almost all of your life savings in it is a big decision. Your years of hard work and savings can all go down the drain if you don’t do enough research.

Thus, to prevent any unfortunate incidents, we have compiled a checklist before buying a flat that you must follow. This list contains all the things to consider before buying a flat in India. Keep reading the entire blog to have in-depth knowledge.

• Check the Price of the Property

Before buying a property, decide on a budget. It is quite easy to get carried away by the luxury features that the flats have to offer. But it is very crucial to stay within a fixed budget. 

Also, compare the prices of the property with the same specifications near your preferred flat. Research the market prices and derive an average cost. That being said, you can take a look at the luxurious 2 bhk flat in om vihar that are both budget-friendly and modern.

• Know the Carpet Area the Flat

Your builder or promoter is most likely to tell you the average area of your flat. However, the carpet area of a flat is entirely different from that and is lesser by about 20-30%. The carpet area refers to the area between the walls. Inquiring about the carpet area is a must in every checklist before buying a flat.

• Check the Land Record and other Clearances

Checking the property documents is another important point to be considered in this checklist before buying a flat. All buildings must possess clearance and NOCs from the competent authorities such as the fire department, sanitary and electric department, Municipality or corporations, and so on. Moreover, it’s better if there are no legal disputes related to the land or the building permits.

• Nearness to Important Locations

This brings us to one of the other major points in the checklist before buying a flat, which is the distance of the property from important locations. Your flat should not be very far from the airport, railway station or the metro. 

Moreover, there should be decent connectivity and available modes of transport throughout the clock. The flats in Om Vihar are located near important places that offer decent connectivity.

• Availability of Financing Options

Not everyone can or wants to buy a flat or a home with 100% cash payment. This is where financing options make the difference. kamal Associates Thanks to the easy EMI options and flexible parts, now everyone can buy a flat of their choice.

Before buying the flat, have a detailed discussion with your financing company. Make sure you know all the charges, terms also conditions of the deal.