The Forgotten Landscape of Moving Homes

Flats in LucknowThe changing of the government and current market situation has resulted in a very lucrative real estate investment field. Whether you are looking for a property in Lucknow Shaheed Path or in Mumbai, here are some essential questions that we forget to ask while transitioning to the position of a home owner.

Renting Vs Buying
Although you may have already mentally moved into your dream home with the perfect bed and lighting, you need to weight all your options first. Depending on the diverse situation of an individual, you need to figure out if renting the flat or buying it is a better choice. When you understand your financial situation completely, you can make a well informed decision.

The Neighbourhood Crime Rate
This undervalued question can have a simple answer, but only if you ask. You cannot risk anything today.

The Needs and Wants
Make a list of all the things you want and need in your home. Figure out what you are willing to compromise with as it is almost never possible to find the perfect home.

The Seller’s Disclosure
Considering the fact that you will be spending a large amount of money and time on your house, make sure you have the disclosure to go through and avoid any last minute surprises.

The Allows and Avoids
From local regulations to housing rules, make sure you have a clear picture on what you can and cannot do to the home. You do not want to begin a renovation project only to realise you needed government permission.

Home Inspections
Make sure you have the home thoroughly inspected. You do not want to move in to find faulty pipes or rodent problems.

The Reason for Sale
Although it is unlikely for there to be a ghost living in the building, asking such questions often can get you valuable answers.

The Safety Features
From emergency escape routes to smoke detectors and such additions, make sure you have a clear idea on the infrastructure available at your disposal. After all, it is also your home.

Nearby Facilities
A factor people often forget to calculate is the facilities available nearby as well. From having a grocery store to emergency supplies, such questions may seem silly but can save your life some day.

Maintenance
Make sure you have a committee or some regulatory body set up in the society so that such needs can be taken care of.
Although these are small points, when focusing on the larger picture we tend to ignore them. Make sure you make the most out of your new home.

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A Shopaholics Guide to Buying a Luxury Flat in India

12190933_891434427576387_7897408385103820830_nBuying a luxury property from real estate developers in Lucknow or another city, no matter what social strata you come from is a challenge. Since the value of money at stake is high the factors to pay prime attention to are difficult to narrow down. Here are some tips on how to buy a luxury property here-

The Ever Important Location

A number of people when looking of a house pay maximum attention to the amenities and facilities a particular housing complex provides. In doing so, many conveniently forget to factor in the importance of the location. Luxury apartments mainly thrive in the prime upscale markets. The reason so many expensive projects fail is because even though they are equipped with the best of the facilities, the unattractiveness of the location no matter the low price affects the demand drastically. The designated location should essentially command the premium prices being asked for such properties.

An Open Space

The next deciding factor should be the kind of space available around the home. Any project to be defined as a luxury apartment has abundantly available space around. Congested places with a number of houses closely tied together do not justify the kind of home and price paid for it. Look for something with a garden or park around so that not only is it open but also offers a refreshing break.

The World Class Amenities

When considering this criterion, the sky is the limit. Ranging from security features to the fittings in your bathroom, you can pick any and every aspect you wish. The world is at your feet especially with marble being imported from Italy as easily as anywhere else. Some projects even let the developer create only the basic framework giving the users freedom to select any specifications they wish to add.

A Developer As Good As a Partner

The best real estate Company in India in current situations are those that have a good past and a reliable name in the industry. If they have a good background in developing luxury flats, they will know the market demand and changing trends as well as the other aspects of building such homes. Functioning in the luxury sector calls for the developer to be extremely customer oriented. Besides, it is also important to have all the required permissions and documentation in place.

A standard misconception in India is that any project with numerous floors is assumed to be a luxury flat. The value a building adds to your lifestyle is what should be focused on before purchasing a new home.