Lucknow is one of the fastest growing cities in India. It is the third largest city in north, east and central India after Delhi and Kolkata and the second largest city in north and central India after New Delhi. It is also the largest city in Uttar Pradesh. Lucknow has always been known as a multicultural city that flourished as a North Indian cultural and artistic hub and the seat of power of Nawabs in the 18th and 19th centuries. It continues to be an important center of governance, administration, education, commerce, aerospace, finance, pharmaceuticals, technology, design, culture, tourism, music and poetry.
Property in Lucknow
Demand for 2 BHK flats in Lucknow has been increasing in the past few years due to the easy availability of all the facilities. This population rise has given a boost to real estate market in Lucknow to a great extent. People prefer to buy residential properties in Lucknow as along with facilities this town also offers great residential areas where a family can live satisfactorily with peach of mind.
Thus, if you are interested in buying 2 BHK flats in Lucknow, before starting your hunt and begin visiting various flats in Lucknow, you need to have good understanding of the property you are looking for. To help you in buying right residential property here are certain points that you need to keep in mind.
For a residential property, location is the first factor that need to be considered. While visiting any 2BHK flat near Lucknow, always analyze the location whether it has proper and easy connectivity with Lucknow, railway station, hospitals and more. Also make sure to consider the suitability of location as per the means of travel you have. Also, location should be scrutinized from security point of view. Gated communities are the best in such cases.
While searching for a flat, always plan your budget keeping in mind the additional costs along with the quoted rate. You will be aware of the additional costs for parking, registration, stamp duty and floor rise. In addition to these, value added tax liability and service tax are also eligible charges, paying which you must be prepared for.
Under Construction Property
If you are planning to buy a flat that is under construction, then always research on builder’s track record thoroughly. It must be ensured whether the respective property builder is qualified enough to accomplish quality work within the appropriate time frame. In case the builder is not able to provide possession in time, you can take legal actions against him.
Research the Market
Before you get ready to purchase a dream home for your family in Lucknow, you need to be well aware of usual market rates, per square meter rates and more. Sometimes lack of market information also leads to losses and once you have purchased property, there is no easy method to get out of this loss.
You must be prepared enough to negotiate with your dealer. And you can only negotiate well, if you have proper information of market. Don’t be reluctant of negotiating the property rates as your negotiation can let you have your home at amazing rate.
Keep all these factors in mind and then start your hunt for your dream home. If you are looking for flats in Lucknow, consider hiring a real estate company. Such companies have the best team of professional builders, designers and architects dedicated to build high standard and secure residential communities, apartments, social infrastructure and more across Lucknow. One can visit their websites so as to explore past as well as current projects undertaken by them.
Buying a property in Lucknow is a huge investment and one must be extremely careful while buying one. Therefore, following tips can be used as a reference list for doings tasks before buying a flat in 3bhk.