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Things To Check Before Buying A Property in Noida
Posted: Nov 29, 2014
Buying property is a life time investment and one tends to turn extra cautious in his/her search for a right property. There are cases when many property investors have landed into bogus property deals. So, there are many things that one should take into consideration before finally deciding to buy the property:
Property Value Assessment: Before taking the final decision to buy the property, one should get the value of the property assessed from the property valuation professionals. Knowing the accurate value also helps in availing the property loan easily from the banks. There are various ways by which property valuation is done and the professionals also take into consideration factors such as crime rate in the area and number of schools, hospitals, parks etc. near to the property area.
Capital Appreciation: One should get the future capital appreciation of the property estimated from experienced professionals. The professionals engaged in providing these services are easily able to tell if the value of the property would increase in near future, and how much.
Document Verification: It is important to get the property papers verified from an experienced property lawyer before one decides to sign the property papers and pays property price. It can happen that the person from whom one is buying the property is the providing unauthentic property papers to the buyer. Until and unless one does not have authentic property papers, one cannot claim his/her ownership over the property.
Near to School, Colleges, Hospitals etc.: If one is buying a residential property, one should see to it that the property is near to schools, colleges, hospital, shopping and eating places etc. The area where the property is located should also have many parks and green places.
Rental Property: If one wish to buy property with the objective to lend it in near future, one should make sure that the property one buys is near to the company area. This would help in finding the tenants and lessees easily. One can also buy a property near to the colleges and working places if one wishes to invest money in a paying guest property.
Approaching a real estate agent for the task can save time, but the experience of the real estate agent should be checked thoroughly before relying on him. There is every chance that one can land into a bad deal if one is not prudent. It is important to check the credibility of the testimonials provided by the real estate agent before procuring the services.
for more information, please visit http://www.aarvanss.in/
About the Author
Aarvanss Infrastructure Pvt. Ltd. is a leading property agent in Ghaziabad, offers commercial plots, residential land/plot, flats & apartments, commercial shops etc.
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