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Checks while buying Flats for Sale in Chennai

Author: Suresh Kumar
by Suresh Kumar
Posted: Feb 01, 2016

With the escalating price tags, many of them finds it difficult to buy a residential property in Chennai. Whereas, to give an outstanding result for it, many renowned property developers have come forward in construction several gated township homes that includes 2, 3 and 4 bhk homes. The starting price of these gated township homes, apartments or flats for sale in Chennai for 40 lakhs to 60 lakhs generally. If you are the one striving to strike a property deal in Chennai, then go for a reputed property developers in Chennai who offers affordable housing units, which does not pinch your pocket. In this way, buying an under-construction or ready to move apartments in an upcoming area guarantees better appreciation in the future. Moreover, there are several builder checks while buying a real estate property.

Check While Buying a Property in Chennai

  • Verify the title of the property
  • Check approvals like building plan, change in land use, completions, and occupancy certificates.
  • In case of ready-to-move property, see if all dues such as electricity bills, property tax and water bills have been paid.
  • Ask for encumbrance certificate. It certifies that the property does not carry any previous mortgages.
  • Check carefully the payment terms and penalties for construction delays. Also, confirm the date of possession and date of registration
  • Ensure that the amenities mentioned in the brochure are there in the contract also.
  • Insist on exclusion of clauses that with what you are not comfortable.
  • Avoid buying when getting information about the project and the developer is difficult.

Finally, after all these steps, check for the completed projects of the builder and interact with their previous customers, which could help you in measuring the quality standards followed by the builder. Thus, following these simple aforementioned steps could help you to do a successful property deal in Chennai.

The Impact of Gated Communities in Chennai

The idea of living in gated community apartments seems to be very appealing among families with kids, old couples or bachelors. Moreover, for many individuals who are planning to relocate to Chennai, the gated community apartments in the city offers many attractive facilities and amenities. As there are, many families with kids who prefer to live in gated community apartments in Chennai. The reason for this is the neighbourhood places and the additional facilities that they get rather than living in an ordinary apartments in the city.

As there are, many upcoming localities have witnessed an enormous development of gated communities, some of the prime areas that has gated community apartments in Chromepet, Velachery, Thirumudivakkam, Pallavaram and Tambaram, etc. Since with a large group of inhabitants in these private communities, kids can mingle other kids within the community, and get the advantages of schooling facilities in close proximity to their apartments. Besides, the elders feel a sense of happy connection and socialization with their neighborz.

The impact of gated community living have reached a huge number of peoples who wish to live luxury with all amenities and facilities. Besides, most of the gated community apartments have better advantages of nearby hospitals, hotels, shopping centres, educational institutions and many more. Besides, most of the renowned property developers have come forward in constructing their gated community projects very near to the transportation facility such as bus, train or airport.

Therefore, whether you are relocating or thinking about buying a home in Chennai, as there are many key reasons to consider moving into gated community apartments in Chennai. In addition, you can check lot of available realty websites and portals for getting an in depth idea about gated community apartments in Chromepet, Velachery, Thirumudivakkam, Pallavaram or Tambaram become a happy resident of this advantageous gated community homes.

About the Author

Chennai is a well-balanced city in terms of major transformation on residential Apartments for sale in Chennai.

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Author: Suresh Kumar

Suresh Kumar

Member since: Aug 10, 2015
Published articles: 8

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