The Practical Checklist for Apartment Buyers

When buying an apartment, many people look into the number of bedrooms being offered, the price of the property, the amenities the builder is offering and also into the location of the project. But there are several practical considerations that get overlooked by most buyers especially since most buyers put price over all other considerations. Here’s a brief checklist of all factors a buyer must keep in mind while buying an apartment:

1. Project site or land – Buyers first need to look into whether the site of the project is approved by the government for construction of a residential building and is registered with the local municipality body. Buyers must steer clear of projects that are built on disputed land. If the project is on leased land, the buyer must look into documents pertaining to the lease.

2.Approvals from statutory authorities – If you are looking to buy property in Chandigarh or any of its neighbourhood cities like Zirakpur and Mohali, it is important to find out about the approvals that the project has received from the authorities and the government. Ask to see the NOCs and certificates of approval before booking.

3. Flat layout – It is not just enough to know how many rooms the apartment has or how many square feet are mentioned. Regardless of whether you are buying 3 BHK Flats in Zirakpur or a luxury penthouse in Chandigarh, check out a sample flat to know how what your actual flat will be like. Instead of falling for the numbers mentioned in the brochures, ask for the carpet area in the flat since that is the actual usable space in the apartment. Check for actual sizes of the rooms to make sure you are getting what was advertised.

4. View outside – What many apartment buyers forget to check is the view outside their windows. You could be buying your flat in one of the most upcoming localities in the city, but if your window overlooks the dumping yard for garbage or if the view is blocked by another building in the vicinity.

5. Specifications – Since buying a flat is a significant financial investment, it is a good idea to look into the specifications being promised and if the price is commensurate with the specifications being provided. Some builders provide for flooring and ceiling development, basic sanitary fittings, etc. while others may not and this may not always get reflected in the price.

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