Right Questions To Ask Before Purchasing A Property

Before Purchasing A Property

looking to purchase propertyProperty purchase is a significant investment for anyone. While location and price play a huge role in determining your purchase there are a few other questions that you should get answers for before purchasing a property.

Whether you are buying from a builder or single seller, you need to ask these questions before signing on the dotted line:

Carpet Area

Most project only declare the super built-up area, that means you will be charged for a square-footage that you never use including thickness of walls and certain common areas. Carpet area is the true area in which you will be living, so its important to understand how much the carpet area for the space is. As per RERA builders cannot charge you a square foot rate based on the super built-up area anymore. They need to charge you only as per the carpet area hence it is important that you get a clear picture about that.

Quality of Construction

If the builder has previous projects that are completed then inquire with past buyers about the quality of construction. You should also check the tiles quality and the brand of bathroom fittings. If he is using third-party contractors for construction, then check on the market reputation of these contractors about quality of construction.

Other Costs

Generally the price is quoted as square foot rate. It doesn’t include GST, registration charges, club house registration and any other fees. GST has affected the cost of projects a lot. So it’s better to check the final price inclusive of all these charges before making a decision.

Check for Completion or Occupancy Certificates

If you are buying a completed project, demand to see the Completion Certificate before making your purchase. You can also check if all permissions from Municipal authorities have been obtained.

Litigation Issues

If you are buying from a single owner or resale properties, check if there is any litigation or dispute about the property. Even a builder should be able to provide you with the agreements with landowners. Clear papers that show that there is not pending litigations on the property.

Lastly, every builder has a separate payment plan. To plan your payments accordingly. If you need adequate time to apply for a loan, ensure you get a detailed payment plan from the builder so that you manage your finances smartly.

19 Comments on “Right Questions To Ask Before Purchasing A Property”

  1. I must express thanks to you for rescuing me from this dilemma. As a result of surfing through the world-wide-web and getting concepts that were not helpful, I believed my entire life was over. Being alive devoid of the strategies to the difficulties you’ve fixed as a result of your site is a critical case, and the ones which could have adversely damaged my career if I hadn’t noticed your website. That expertise and kindness in touching all things was crucial. I don’t know what I would’ve done if I hadn’t discovered such a point like this. I am able to now relish my future. Thanks so much for this professional and results-oriented help. I will not hesitate to endorse your web site to any person who should have guide about this matter.

  2. I together with my guys were found to be following the best key points found on the blog then suddenly got an awful feeling I never expressed respect to the site owner for them. Those people appeared to be absolutely stimulated to read through them and already have certainly been making the most of these things. I appreciate you for really being very helpful and for picking variety of outstanding topics most people are really desirous to discover. Our own honest regret for not expressing appreciation to you sooner.

  3. I needed to put you this very little note so as to say thank you as before for the wonderful methods you have contributed above. It is so pretty generous of you to grant extensively all that a number of people could possibly have marketed for an e-book in making some bucks on their own, even more so considering that you could possibly have tried it in case you decided. Those basics as well acted as a easy way to be aware that other individuals have a similar keenness just like my personal own to understand very much more with regard to this problem. I think there are many more pleasant periods ahead for people who examine your blog post.

  4. I must convey my appreciation for your kind-heartedness for visitors who have the need for help on this particular issue. Your very own dedication to passing the message throughout became extraordinarily insightful and have continually empowered folks much like me to get to their objectives. Your entire warm and helpful tips and hints means a whole lot to me and still more to my office colleagues. Best wishes; from all of us.

  5. I want to express appreciation to you just for bailing me out of this type of scenario. As a result of looking throughout the world wide web and seeing opinions which were not powerful, I figured my entire life was over. Living devoid of the approaches to the issues you have solved through your post is a crucial case, as well as the ones that would have negatively damaged my entire career if I hadn’t noticed your website. The capability and kindness in controlling the whole thing was invaluable. I am not sure what I would’ve done if I hadn’t come upon such a point like this. I can also now look ahead to my future. Thank you so much for this skilled and amazing guide. I won’t think twice to recommend the website to anyone who would need tips about this matter.

  6. I wish to express some appreciation to you for bailing me out of such a circumstance. Because of looking out through the world wide web and coming across concepts that were not powerful, I figured my life was gone. Being alive minus the approaches to the difficulties you have fixed through this posting is a critical case, and those that might have adversely damaged my entire career if I hadn’t noticed your blog. Your own skills and kindness in taking care of every aspect was vital. I don’t know what I would’ve done if I hadn’t come across such a subject like this. I can also at this time look ahead to my future. Thanks very much for the specialized and result oriented help. I will not hesitate to refer the blog to anybody who needs to have guidance on this area.

  7. I wish to show thanks to this writer for bailing me out of this type of trouble. As a result of exploring through the the net and meeting solutions which were not helpful, I was thinking my life was gone. Living devoid of the answers to the problems you’ve solved as a result of the review is a serious case, and ones which could have negatively affected my career if I hadn’t discovered your site. Your primary expertise and kindness in dealing with all the pieces was helpful. I’m not sure what I would have done if I hadn’t come upon such a step like this. I can at this moment look ahead to my future. Thank you so much for the skilled and results-oriented help. I will not hesitate to propose the blog to anyone who would like direction on this matter.

  8. I am also writing to make you know of the excellent encounter my cousin’s daughter encountered reading through the blog. She came to find plenty of issues, with the inclusion of what it is like to possess an ideal helping character to make the rest really easily thoroughly grasp several multifaceted subject areas. You actually exceeded our own desires. Thanks for providing these informative, safe, educational as well as unique tips about your topic to Mary.

  9. I and also my buddies were actually studying the excellent points located on your site then suddenly I got a horrible suspicion I never thanked the web site owner for those tips. My young men are actually absolutely happy to see them and already have absolutely been tapping into them. Appreciation for indeed being so kind and for picking out variety of wonderful subject areas most people are really desperate to understand about. My very own honest apologies for not saying thanks to you sooner.

  10. My husband and i were now happy Raymond managed to finish off his basic research with the precious recommendations he obtained while using the weblog. It’s not at all simplistic to just happen to be releasing helpful hints others could have been making money from. We really consider we need you to give thanks to because of that. Those illustrations you’ve made, the straightforward site menu, the relationships you make it easier to engender – it’s got many spectacular, and it is aiding our son in addition to our family understand that content is interesting, and that’s exceedingly pressing. Thank you for everything!

  11. I simply wished to thank you very much yet again. I’m not certain what I would have handled without the basics shared by you over that concern. It has been a frustrating problem in my position, nevertheless viewing this skilled avenue you processed it made me to weep over gladness. I am just happy for your service and in addition believe you really know what a powerful job you happen to be putting in instructing many people all through a blog. Most likely you haven’t come across all of us.

  12. Thanks for all your valuable work on this blog. My mother enjoys going through investigation and it’s really easy to understand why. Many of us learn all about the powerful form you offer reliable tips and hints on the web site and therefore encourage participation from other individuals on this concept then our own simple princess is in fact learning so much. Take pleasure in the rest of the year. You are always doing a remarkable job.

  13. I am glad for writing to let you understand of the really good encounter my wife’s princess had viewing your webblog. She came to find such a lot of issues, most notably how it is like to have an awesome teaching spirit to get men and women smoothly gain knowledge of some tricky subject areas. You undoubtedly surpassed her expectations. Many thanks for showing these useful, safe, informative and also fun tips on the topic to Julie.

  14. I am just commenting to make you be aware of of the perfect experience our child experienced studying your web page. She learned such a lot of things, which include what it’s like to have an amazing teaching style to let the rest clearly master specified specialized subject matter. You truly surpassed her expectations. Many thanks for delivering these warm and helpful, trustworthy, edifying and also unique guidance on your topic to Emily.

  15. I precisely wished to thank you very much all over again. I’m not certain the things I might have undertaken without the actual hints documented by you directly on my subject. It actually was the troublesome problem for me, but witnessing your expert technique you resolved the issue forced me to weep over delight. Extremely thankful for your advice and thus expect you know what an amazing job you are always doing training some other people through your blog post. Probably you have never met all of us.

  16. I precisely wanted to say thanks again. I’m not certain the things that I would’ve handled in the absence of the entire tactics contributed by you about this area of interest. This has been a real frightening crisis in my position, but finding out your professional fashion you resolved the issue took me to cry over joy. I am thankful for your support and as well , sincerely hope you are aware of an amazing job you happen to be getting into educating people today through the use of your blog post. Most probably you have never met any of us.

  17. I enjoy you because of all your efforts on this site. My daughter takes pleasure in participating in investigation and it’s really simple to grasp why. Almost all hear all of the compelling ways you create functional things on your blog and as well as invigorate response from people on this subject matter so my simple princess has always been discovering a great deal. Have fun with the rest of the year. You’re the one performing a glorious job.

  18. I as well as my buddies happened to be taking note of the best helpful tips from your web site while suddenly got a terrible feeling I had not expressed respect to the website owner for those tips. All the boys happened to be as a consequence joyful to read through them and have very much been enjoying them. We appreciate you getting so thoughtful and then for figuring out this sort of nice useful guides millions of individuals are really needing to know about. My very own sincere regret for not saying thanks to you sooner.

  19. I needed to write you that little word in order to give thanks the moment again with the breathtaking concepts you’ve shown on this website. It’s generous with you in giving extensively precisely what numerous people would have advertised as an ebook to earn some cash for themselves, certainly seeing that you could have tried it in the event you desired. Those principles also served like the great way to know that other people have similar fervor much like my own to know a good deal more in terms of this issue. I’m sure there are several more fun times up front for folks who view your site.

Leave a Reply