NRIs should follow these important tips before buying an apartment in India

Non Resident Indians or NRI often buy land or apartments in India and there are a number of reasons for doing so. There are a number of NRIs who have the aim of returning back to India after spending good years abroad and hence they wish to get a settlement here beforehand. Also there are many people who buy apartment here just for the sake of investment. Whatever is the case it is important to get the proper apartment so that they do not regret later on. There are a number of tips that an NRI can follow while he or she is buying an apartment in India.

The budget and type

Initial step that you should take is to think about what type of property you wish to buy. There are people who buy but if you are buying land then you have to spend lot of time and skills in constructing a house. So, now a number of people prefer buying a constructed apartment. Now when you have decided about buying the apartment, it is the time to decide upon the budget of the apartment. Look out for various builders and verify the amenities and compare the prices. Also you should have a budget fixed in your mind so that you can get an apartment within your pocket range.

Proper amenities of the apartment

Now while you are selecting your apartment, the very first factor on which your selection should base is the amenities of the apartment. Check about the location of your apartment, the public transportation and connection of the place with the other places of the city. Also check other facilities that are their around your apartment such as schools, hospitals, malls, shopping complexes and many others. Also in this world of internet and smart phones, it is important that you location should have proper cellular networks. Other major things to see are water quality, electricity, neighborhood and others.

Avoiding brokers

There are a number of NRIs who think that catching hold of an agent or a broker can make the work of buying an apartment much easier. Yes, of course it is but this can also lead you at times a number of problems. You are sitting in abroad, relying upon a broker and you do not know what is going on in this broker’s mind. It may happen that the broker may charge you money something much more than the required. Also it may happen that the broker may provide you with an apartment that is just opposite to what was claimed. So, in place of going through brokers, it is always a good idea to select apartments through relatives or close friends.

Proper verification of all the documents

While buying any apartment, the documents are the most important thing. Before you are buying the apartment you should cross check all the documents and contracts of the apartment properly so that you do not have problems later on. If possible then hire a good lawyer and allow him to do proper scrutiny of the deeds so that in future you do not have to face any kind of trouble.

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Hello I am Shiva Kumar. Currently I am working with Vasavi Builders as a Digital Marketing Manager. Vasavi Builders one of the top real estate builders in Bangalore.