Real estate prices touch a new high every year. If you are at a point in life where buying a house is your next goal, then it is important to keep the upcoming pointers in mind to make an informed decision:

1. Want to Buy a Flat in Chennai?
Here are the Top Things to
Consider
lifestylehousing.in

2. Real estate prices touch a new high every year. If you are at a point in life where buying
a house is your next goal, then it is important to keep the upcoming pointers in mind to
make an informed decision:

3. Sales Deed
A sales deed is the legal document for property sale and its transfer.
It is important to check the sales deed of the property where you want to invest
your hard earned money.
There are many illegal constructions in big cities like Chennai, Delhi, and Mumbai
and it is important to not get defrauded from builders.
This will ensure that you are investing in a legal land/property and you won’t be
facing any legal challenges in future.

4. Builder’s Credential
Gone are the days when sale and purchase of property were done directly between
two parties.
It’s important to do your research about the renowned builders in the city like
Chennai and check out their website to know their ongoing and completed projects.
Some of the best apartment builders in Chennai have ongoing construction as well as
ready-to-move apartments. So, you can buy flat from them.

5. Locality
Every city has prime as well as suburb areas. You should research about the locality
as it is one of the major factors in price of the property.
There is new apartment construction by builders in Porur, PH Road, and other
localities of Chennai.

6. Construction Quality
Some of the well-known builders in Chennai use high-quality material in the
construction of the project.
Make sure to research about the construction quality and enquire about land
topography, earthquake resistance, and fixtures used in the building.

7. Financial Aspect
Make sure that you have sufficient amount for paying the down payment in case you
plan to buy a house on loan.
If you want to pay the entire sale price of the house upfront then make sure to keep
the money in a short-term investment or bank account so that you can book the flat
on time.
Buying a house is a long term investment so plan your budget in a way that your
day-to-day life is not impacted by paying the EMI.