Before anyone embarks on the task of buying an apartment, individuals should ensure that they are wisely and sagaciously investing in one that is worth living in as well selling – if they wish so in the future – profitably. To decide that a flat they are going to buy would meet both those requirements; they need to stick to some general thumb rules.

Location

They should decide on the area where they would like to buy an apartment. If the buyer has children of school-going age, she/he should find out if there are quality schools in close vicinity. Avenues for entertainment, sporting, socializing, etc. are crucial factors for most buyers when they decide to purchase one. They should find out if the approach to the apartment complex and within it is being maintained hygienically regularly. For instance, flats should have all the basic amenities available close at hand which their residents require on a daily basis – like in Nestcon Chintala Residency- Apartments in Alwal – has all of these and whatever else they think is essential for good living.

Builder’s track record

Then they should check who the builders are, including their track records, verify their ownership and title details, the documents they possess of construction approvals, permits for land use and other such particulars. Only if all these are legitimate, then the buyer should proceed further. Later, prospective buyers should examine how formidable the apartment structure is in its entirety. They should ensure if apartments have been constructed so as to insulate noise. The ground they have been built should not have been reclaimed from lakes, ponds, or any other such bodies. A background check is necessary to know if flooding or earthquakes have affected the area where they have been located.

Security issues

They should check how responsible the security guards in that apartment complex are; By going through earlier news reports and other forms of check, they should identify if there were any incidences of robberies, assaults, or other such mischievous activities in the area it is standing on. If so, they should be extremely careful. These days, it’s de rigueur for all apartment complexes to have proper surveillance facilities in place in addition to safe and sound facilities to protect them from miscreants. Also important that responsible flat builders would follow are – proper fire safety regulations. They would install lifts with power backups and provide proper ventilation and lighting to all those living there.  Flats ought to have amenities that are now considered basics like a gym, swimming pool, play area, a place for elders to walk, joggers’ tracks, shops that sell simple items like everyday groceries, etc.

Clarity in transactions

Aspiring owners must find out how much the apartment’s management charges its residents for security arrangements and maintenance. They should have plumbers and electricians at beck and call to attend to the issues immediately. If the maintenance and security charges are being priced disproportionately, then there is something amiss.

Buyers must check the average prevailing prices per square foot in other homes and apartments in the areas surrounding it to make sure that that they are being charged appropriately when they enter the negotiating table.

Builder’s Reputation

Banks and other financial institutions will conduct due diligence and offer loans only to buyers of the property owned by builders who have a clean record in financial transactions. Check with banks if they are going to fund you at a property where you have homed in to buy an apartment. It should also be definitely Real Estate Regulation Act (RERA) approved.

Finally, before they sign on the dotted lines, they need to pore over all the fine print to see that they do not have to bear the expenses for unquestionably superficial facilities and that they are being taken for a ride.

2 & 3 BHK Luxury Flats For Sale in Hyderabad

Nestcon Chintala Residency- Apartments in Alwal or its Zion 3 BHK Apartments in Nallagandla will satisfy all these requirements that we have mentioned at length above and satisfy prospects looking to buy these apartments. Nestcon Group of Companies has been around for more than 23 years in both residential and commercial spaces in Hyderabad as well as Bengaluru with projects that have stood the test of time.