Key Parameters to Buy Property in Chandigarh, Panchkula and Mohali

Key Parameters to Buy Property in Chandigarh, Panchkula and Mohali

Excited for your new property? It is really a fun to find a land or the home as it is lucrative later on. There is no perfect time for the price hike in properties, it rises anytime. Therefore, a buyer needs to stay updated when spending on a particular property.

Right now as we speak, Chandigarh-Mohali-Panchkula belt is one of the fastest growing markets for real estates. The number of high rise buildings and housing complexes are turning this region of the yesteryears into the city of the future. Even the nearby towns like Zirakpur, Peer Mushalla and Kharar are getting benefitted with this property boom.

This region has witnessed stupendous growth in terms of commercial as well as residential real estate properties. So if you are thinking of investing in real estate in this region, go with the accurate research work! Involve your families and friends for taking this wise decision. Browse online for best guidelines. What are the imperative things to consider while buying a property? Read this-

  1. Licenses and Approval

Scrutinize the builder’s paperwork ranging from the initial certificate for work, approved building plans, and environmental clearance. Get the ‘release certificate’ from the bank for sanctioning of the loan.

  1. Verify the Builder

It is highly recommended to do an extensive verification of the builder/Retailer. Don’t forget to verify its past or present projects on different real estate forums.You should check the RERA(Real Estate -Regulation and Development Act, 2016) number of every builder or project.

  1. Negotiate the Purchase

While you find a home or a property, a realtor’s guidance is a must. A trust on a realtor is an important aspect when you go for a purchase. ‘Roofs N Heights’ can help you negotiate with the builders and get you the best deals.

  1. Read Purchase Agreement Thoroughly!

Trusting a realtor doesn’t mean you will not go through the official words. While receiving the purchase agreement, read every word deeply and understand them. Focus on terms and conditions thoroughly.

  1. Location

This is the significant factor! Whenever you look at a property like land for your personal or commercial purposes, check if the area is flood prone or not. Check out the whether School, Local Market, Bus Connectivity & Hospital facilities available near your selected location.

There are more things to know. Make sure you remain vigilant throughout the finding process. And when you need expert help for the same, Roofs n Heights property company consultants are just one call away!

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  1. Hello! I just would like to give a huge thumbs up for the great info you have here on this post. I will be coming back to your blog for more soon.

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