Things You Must Check-Off On Your Checklist While Looking For Flats For Sale In Thane Near Station

Things You Must Check-Off On Your Checklist While Looking For Flats For Sale In Thane Near Station

Buying a new 1 BHK flat in Thane near station is one of the most important decisions of any normal man’s life, probably a dream that you have been cherishing since a young age. There is a lot of planning and thinking involved before you have to make the final decision about buying flat and other factors associated with it. You must have the entire process in your mind & thought through it before you have to make the decision a reality to avoid any shortcomings.

The finance involved in buying flats for sale in Thane near station is on the higher end along with the efforts & thoughts that anyone puts in it over the long period of their lives. So as you realize everything that is at stake for one big decision of buying your dream home or apartment in Mumbai, the city of dreams.

While the satisfaction of getting possession of your own house in Mumbai is overwhelming, there are still real estate builders/brokers who won’t think twice before having you conned for their benefit during the booking. You may be promised the moon & stars but what you get at the end may actually be nothing close to the stars, and unfulfilled, false promises can be upsetting.

So to avoid getting into such situations where you end up feeling exploited and cheated, here are a few things that you must check off the essentials list of things that you need to keep in mind while buying flats for sale in Thane near station:

1) Documents

Before finalizing the deal of your home and getting full possession of the place from the real estate builder or owner, you must ensure that you have the below-mentioned documents and their true copies in place from the builder/owner as follows:

  • Sanctioned building plans

  • Commencement certificate

  • Completion certification

  • Encumbrance certificate

  • No Objection Certificate (NOC)

  • Occupancy certification (OC)

  • General Power of Attorney (GPA)

  • Allotment letter (In case you are using a home loan)

  • Khata (the records which specify the property records under the responsible person’s name in the local authorities office)

  • Joint development agreement (if more than one builders have collaborated)

  • Letter of no dues

  • Conversion order/land-use certification

  • Registration deed of conveyance

  • All details of water, electricity, power backup, parking spaces

  • Transfer certificate (if it is a resale property)

  • Maintenance agency agreement

Other paperwork like Sale deed, sale agreement, mother deed & paid tax receipts by the real estate developer on the total saleable area has to be verified at the time of booking if you are registering when it is an under-construction project of 2 BHK flat in Thane near station.

2) Characteristics

This section may vary from person to person, so you ought to categorize the things that you are expecting in your new house depending on what your needs & wants are, and choose accordingly.

  • The first step is to fix a budget by considering all your finances and you must include the overhead expenses while you are at it. The overheads include registration, stamp duty, maintenance costs, property taxes, parking charges, infrastructure expenses, and others depending on the property that you choose and its location. This is the best thing and it will help you plan your money systematically so there are no eleventh-hour hassles.

  • See the build-up area, super built-up area, and carpet areas to verify if you will be comfortable in the space that you are getting for your money and how much of it will be actually put to use. The area that you get on paper and the area which can be utilized practically differs, make sure you are fine with that.

  • Check the essential facilities that are available close to your 2 BHK flat in Thane near station so that you can familiarize yourself with them. If you are just investing in the residential project in Mumbai and you will rent it out, tenants look for things like supermarkets, malls, hospitals, colleges, schools, commercial complexes, vegetable vendors, airport, bus stops, railway stations, movie halls, clubs, and other places to make their stay comfortable.

  • Make sure the flats for sale in Thane near station are safe places to live in like part of a gated, well-secured society along with security personnel or modern safety equipment like CCTVs and intercoms or both. Also, ensure that the place has the least noise pollution so that you can work or have some relaxing time from your balcony whenever you feel like it.

  • Irrespective of whether you are buying an apartment to live in or from an investment perspective, you must have the price appreciation factor in mind. Do your research and shortlist one amongst the upcoming residential projects based on their location, feasibility, connectivity, proximity to commercial areas so that you are sure to achieve price appreciation shortly.

  • Check out the amenities as the ones that you practically get during the handover may be different from what you have been promised at the time of booking. It may also happen that the amenities may be delayed for deliverance at times but you must see to it that they are made available as per the agreement of your 1 BHK flat in Thane near station.

  • Select a property that is in a well-connected neighborhood so that you don’t have to spend most of your time stuck in traffic commuting to & fro, work to home. See how close are the public transit junctions from your building along with the prime highways. Prepare your mind on how much travel you are ready to deal with every day and if there are any companies close to your home which you can consider switching to in the future or the company that you are currently working at is worth the extra commute time.

Although a homebuyer may be cautious during the process and check all the essential documentation and pay regular visits to the site of flats for sale in Thane near the station, there is no harm in keeping a checklist handy and going through it to be extra sure about everything being in the right place. The above list will help you keep circumspect in your mind before you actually move to your dream home.