Important Points to Consider Before Buying a Property in Delhi

Investing in a new house or flat is one of the most crucial decisions of your life and is probably an idea you have been nurturing since a very young age. Years of saving and years of planning cannot be let go at the right moment when you make the final decision.

Hence, you are required to keep all possible points in mind before you take the leap and make a selection. As buying a house might also involve taking a good amount of loan, followed by monthly installments flowing out of your income, you need to be extra careful. 

So here are some points that you should keep in mind while visiting a property 

Property Price

The first step in selecting a house or a flat is to fix a budget. It makes it easier to shortlist a property if you know how much you are willing to spend on it. Compare the price of the property in question with the ones surrounding it from various builders to get an idea if the builder has offered you a genuine quotation. 

Flat’s Carpet Area

Usually, a property’s area or the super built-up area that is listed is the entire area including shafts, elevator space, stairs, the thickness of walls and others. However, the carpet area is the actual area within the walls of the flat. This are can be 30 percent lesser than the built-up area or the area used to calculate the price of the property. In some cases, when a floor is shared between two owners, the price of the common spaces are shared between the two.

Apartment Possession

It has become a trend with the delay of property due to delays in commercial and residential schemes. As a buyer, you must have a clear idea of the timeline for possession. Usually, a developer asks for a grace period of six months, although there has to be a valid explanation for this.

Financing Banks

You should be aware of the banks that are willing to finance certain builders or not. Due to a bad reputation, some banks do not give loans to certain builders. Therefore, you must approach the banks that you are filling in to fund the project in which you are planning to invest.

Location of the Property

It’s important to look around the area you're eventually going to live in. It is important to analyze the facilities, physical infrastructure and access to all basic locations. These factors will help you lead a peaceful life. The property should be in a safe and secure place, giving some protection to the families living in the flat.

After analyzing all the above-mentioned points you can finalize the property, at present Unity The Amaryllis is an option in luxury segments from a reputed builder Unity Group in Karol Bagh, Delhi, which is offering 2,3,4 and 5 BHK luxury apartments with superb lifestyle in the capital city that you can consider on.