Get Your Dream Home within Your Budget Which is Near to All the Urban Facilities

                   Prospective home buyers are habitually faced with the age-old dilemma of choosing between the peaceful suburbs or the bustling city-centre when they plan to relocate. As they say – to each his own. But do we know for sure what we want? And even if we do, is it necessarily practical? Moving and investing a lot of money in the house is a herculean task and if one is later dissatisfied by it, there’s no point in the process. Hence, it is necessary to act after proper deliberation. 

The following four points should be intricately considered prior to choosing the city or suburbs to dwell in –

1.      Convenient Location – A convenient location is paramount. Usually the heart of the city offers everything from local baniyas to malls, schools, hospitals, gyms, clubs and much more within a short walking distance. However, it is impractical to live in the city if your workplace is four hours away and transit is either troublesome or long. Nowadays even the sprawling suburbs have many amenities that match and sometimes surpass the posher segment of town. Flats in Gomti Nagar Extension Luknow are a perfect example of convenient and posh living, not only are they proximate to basic amenities, most developers offer world-class features and a combination of city and suburban living.

2.      Space Needs – It is important to take a pick depending upon the number of family members and the space required by them. Usually, more room can be found in the suburbs with bigger houses and greener surrounds than in the city where the sky-high prices lead to smaller apartments and clustered living.

3.      Recreational Facilities – Check the proximity to recreational facilities like cinema halls, gardens, amusement parks, bowling alleys and other entertainment outlets. Whether you choose the glamorous city or the quieter suburbs, being close to leisure activities that you enjoy is a boon.

4.      Cost – Buy an apartment that falls within your budget. Apart from the cost of the house, many supplementary charges to make it habitable or refurbishing it and paying government dues can burn a hole in your pocket. Along with that it is important to consider the maintenance and additional fees to be paid while living there. Generally, if you want to save some money, suburban flats are cheaper than city spaces.

                                        If you are confused even after carefully analysing the pros and cons of each locality – urban and suburban your solution lies in planned developments that offer the perfect blend of both. LDA flats in Gomti Nagar extension, Lucknow provides the best of both worlds.

7 Important To-Do’s before Buying Property in Lucknow, India

Before signing above the dotted line and finalizing your contract for purchase of immovable property in India, the following points should be thoroughly complied with, to ensure protection of the buyer –

1.       Check the Title Deed: The title deed is always in the name of the owner of the property, protecting his/her claim to it. Always ask for and check the title deed to ascertain the true holder of the property, in order to avoid legal hassles in the future. It also helps establish whether the property has been mortgaged or not.

2.       Inspect the Encumbrance Certificate: Issued by the registering authority, the encumbrance certificate is essential to check the clearance of the title of the property. Basically this signifies the presence or absence of any liabilities, loans or charges created on the estate.

3.       Obtain a No-objection Certificate: In case the house is owned jointly, it is pivotal to approach the co-owners to get a no-objection certificate to the transfer/sale of this property. They will not be able to approach the new owner for any claims in the property henceforth.

4.       Check the Torence Plan: The torence plan is essentially a drawing of the plot by a licensed surveyor. It is a detailed and accurate collaboration of the complete plan of the home, thus it can help highlight any issues that may arise looking forward.

5.       Obtain Property Tax Receipts: One can directly approach the seller to present the latest property tax receipts to determine whether any notice, requisition or order has been passed against the property. It is also used to verify the timely payment of dues to the government and to confirm the name of the registered owner of the flat, leaving little scope for doubt.

6.       Hire a Lawyer: Lawyers prove a great asset when it comes to purchasing residential flats in Lucknow. Not only can they check for loopholes in the registered title deeds and protect the concerned buyer, but also they help in drafting the documents required for registration of the property in the new owner’s name.

7.       Interview the Developer: Don’t shy away from asking questions to the developer of the property, if you are directly purchasing from him. Before purchasing it, you should ask some essential questions which will assist you in avoiding legal problems later. For instance, while buying residential apartments in Lucknow, one must be sure of the area – whether it is carpet, built-up or super-built-up, in order to not suffer due to false claims. Find out the tentative date of completion and handing over of the property, so you can make adequate arrangements. Also, it is important to ask for the completion certificate, this not only means that the building is complete, but also that it adheres to the municipal requirements and the pre-decided approved plan. Additionally, sit down with the developer and deliberate upon the inclusions like furnishings, bathroom fittings, electronics, etc.

Whether you are purchasing directly from the builder or a previous owner of the residential flat, always visit the site a few times to ascertain the quality of materials used, state of the house, etc. to review whether you are paying more than you should.

Summary:Frequently, a lot of property buyers are new to the prospect of purchasing property and do not know how to protect themselves from any discrepancies that may arise as a result of  acquiring property without making the essential enquiries or inspecting certain documents. This article promises to guide them by listing seven essential criteria that needs to be complied with before purchasing immovable property.