To own a house is a dream come true for most of the people. Although money plays the most crucial part in making this decision, but, at the same time, there are a lot of other important things that one should keep in mind while investing one’s hard earned money into a project.
1. Finance (Your Budget and bank loan): This the most important factor as based on your budget only you decide how big a house you can buy and in what location. Also, it is you who has to decide whether you can pay the EMI for a bigger loan or not. The way in which the builder has designed the payment plan also needs to be considered. It can be construction linked, cash down or flexi-payment and charms castle is offering all the three options. Do check the charms castle price list, processing fee, documentation fee and any pre-payment penalty which you might have to pay in case you’re able to pre-pay the loan to the bank.
2. Location and Connectivity: It’s the next most important factor, hence listed at number two. One need to find out whether there already are or there’s any possibility of malls, IT Park, companies and metro rail link being built in the area. Even if one has to pay a little extra for the location, it’s worth it because the possibility of getting a good rent for your house increases manifolds if the location is good. Charms castle promises you all this and much more. The nearness to the local market, hospitals and metro station is a point that needs to be considered.
3. Legal and Documentation: All the documents should be shown to a lawyer before signing and your lawyer should make sure that all the papers are in place. The sale agreement should be signed by both the parties and all points in the agreement should be thoroughly understood.
4. Builder’s Reputation: One should check on the builder’s track record i.e. the number of projects delivered by the builder in the past and if they’ve been delivered on time. Secondly, the quality of flats built by the builder in the past, needs to be checked upon. Like charms castle takes pride in its quality construction as they have a team of highly qualified engineers and eminent architects to work for their projects.
In addition to the above there are certain other factors that also need to be paid attention to, while buying your dream house, like the rental rate that you might get in that area, the resale value, the amenities being offered by the builder etc.
2. Location and Connectivity: It’s the next most important factor, hence listed at number two. One need to find out whether there already are or there’s any possibility of malls, IT Park, companies and metro rail link being built in the area. Even if one has to pay a little extra for the location, it’s worth it because the possibility of getting a good rent for your house increases manifolds if the location is good. Charms castle promises you all this and much more. The nearness to the local market, hospitals and metro station is a point that needs to be considered.
3. Legal and Documentation: All the documents should be shown to a lawyer before signing and your lawyer should make sure that all the papers are in place. The sale agreement should be signed by both the parties and all points in the agreement should be thoroughly understood.
4. Builder’s Reputation: One should check on the builder’s track record i.e. the number of projects delivered by the builder in the past and if they’ve been delivered on time. Secondly, the quality of flats built by the builder in the past, needs to be checked upon. Like charms castle takes pride in its quality construction as they have a team of highly qualified engineers and eminent architects to work for their projects.
In addition to the above there are certain other factors that also need to be paid attention to, while buying your dream house, like the rental rate that you might get in that area, the resale value, the amenities being offered by the builder etc.
Great post:) Thank you for the Information... What do you do for a living? Hope to connect with you soon. Send me an email 9390garcia@gmail.com
ReplyDeleteI am here to HELP:)
Respectfully, Jose Garcia