Look at 4 Factors Before You Buy Flat in Bangalore

Bangalore, the ever-bustling IT capital in India, is one of the most populated cities. As a result, there is a huge migration of all types of people for different jobs. Hence, there is a never-ending demand for living spaces.

Flats or apartments are the best way to go about it as it saves space and offers many amenities. If you are looking to buy a flat in Bangalore, then there are many projects in the city that you may consider. Some of them are Prestige Song Of The South, Shriram Sameeksha, Assetz 63 Degree East, and Bren Imperia many more.

However, before you go ahead and buy a flat in Bangalore, you need to consider some factors. Considering the same will help you get the best the best of the flats.

1). Location of your next home

Bangalore is known all over for its traffic jam and pollution. To avoid the long and nightmarish jam, and daily frustration, you should look for a flat near your office. By doing this, you can go and come from the office on time and give time to your family also. Also, ensure that the area that you wish to go for has better schools and utility services. Areas such as Indira Nagar, Koramangala and Whitefield are better connected to commercial spaces. At the same time, they are also not noisy and unpleasant. Even if you decide to lease your property or sell it off in the future, you will get a higher rent/resale ROI in these areas.

2). Builder’s reputation

Before you buy flat in Bangalore, the next thing that you should do is checking the reputation of your proposed builder. Has the builder been able to deliver its earlier housing projects on time or not successfully? Has it compromised on the quality of materials used for construction? Always know that flats built by reputed builders help you get a better ROI if you decide to sell it later. You can contact areas’ brokers and read about the builders on real estate based blogs to know about its status.

3). Check the sale deed

The sale deed is nothing but the information about the property/project. It gives you an idea if the project has any legal and other complications. Hence, to avoid all legal complications and unpleasant surprises, you should check if the property contains a clear title. Check the sale deed and ensure that the project layout has been approved by the Bangalore Development Authority (BDA). Have you decided to invest in an under construction apartment? Check if your builder has the commencement certificate.

4). Go through reviews

Nothing is hidden in today’s time of the internet revolution, and the property/builder that you wish to book is no exception. As a result, you can easily go through some reviews on online portals or ask questions about the property. You can also visit the flat and try to connect with habitats there to know about the reality of the project. This way, you would also come to know the kind of people that you may have to live with. Bangalore is a cosmopolitan city, and you may find a huge mix of expats and people from other states as well. Hence, you may get a different perspective and meet an interesting line of individuals while you go house hunting.

Some of the factors that you should consider before you buy a flat in Bangalore are discussed. Following the same will help you get the best of the properties in the city.

From finding the right home to getting in-person assistance for site visits, to availing a loan and getting documentation assistance, Home Loans by Bajaj Housing Finance Limited help you do it all.

andrew Author

Leave a Reply