If you are planning to buy a 2 BHK flat in Gurgaon, there are a few things that you need to understand and take care of before investing in any property.
2. If you are planning to buy a 2 BHK flat in Gurgaon, there are a few
things that you need to understand and take care of before investing
in any property.
Gurgaon is a city with modern infrastructure and amenities. It also
offers many job opportunities due to the presence of international
and national organizations in the city. Also, its proximity to the
capital is an added attraction. As a result, many people are
interested in investing property in the city. It ensures appreciation
and also offers them a home in a modern and well-equipped city.
3. Search for the most suitable properties
You will find many areas across the city with flats for sale. But, you
need to understand your requirements and choose according to
that.
Make sure that you check the location carefully and then shortlist
properties in those areas that meet your requirements. Thereafter,
you can shorten your list further based on the features and
amenities you need in your flat. This will help you to find properties
that suit your requirements.
4. Perform your due diligence
See to it that the developer owns the title of the property. If the
developer owns the property title, it gives them the legal right to sell
the property.
In case the developer does not own the title, ensure that they have
an NOC from the owner and other documentation that allows them
to sell flats to external buyers, like you.
Also, ensure that all local government permissions are in place. It
may help to use the services of a qualified lawyer who is specialized
in real estate, to check the agreement and to handle all the other
aspects of your purchase.
Other things to consider
Before signing the documents, here are some other things you
should keep in mind:
· See to that the development of the property is as per the plan
· Get no-objection certificates from the water department,
electricity, and the land ceiling department
· See to it that no legal encumbrances are associated with the
property
· Your home loan should be approved
· See to it that you pay the booking amount
This guide will help you to purchase your dream 2 BHK flat in
Gurgaon. After getting possession of your flat, don’t forget to
register the sales deed