December 1st, Author: Varma
Emerging fast as one of the top real estate investment destinations, Hyderabad at present is the perfect place to buy an apartment. The rising commercialization has resulted in a huge increase in demand for residential real estate in Hyderabad.
If you have recently moved in or are looking to buy a flat, this blog will help you note down some of the key features to look for when buying a flat in Hyderabad.
It’s quite obvious but also the most important aspect of buying a home in any city. Check whether the project is approved by the government. This will avoid any unwanted surprises in the future when you own the property. Check for the clearance and occupancy certificates. If you feel like you aren’t fully aware of the legal documents required, we recommend you go to a real estate agent who would more than happy to help you out.
The location often defines the price and resale value of a real estate property. It’s true; the location is one of the most significant aspects of buying an apartment in Hyderabad, or in any city for that matter.
When you are checking the location, make sure to take note of the nearby conveniences you would think will matter to you the most. For example between one with 10 irrelevant nearby attractions, you could choose one with 5 conveniences that are actually beneficial for you. Check the distance to essential infrastructure like schools, hospitals, transport, ATMs, entertainment, etc.
Do a bit of research on the area as well. Analyze the locale and find out what kind of developments are going to come there in the future. This could help you get an idea of resale value on the property you are planning to purchase, just in case you plan to rent it out or sell it in the future.
Amenities play a major role in shaping the kind of lifestyle you could be enjoying at your new apartment. The more the merrier! Make sure to check whether all the amenities promised are available and match your needs. For example, if you give importance to fitness in your life, the apartment should have a well-equipped gym, yoga room, swimming pool, etc.
Know your developer
As you are most likely investing the whole of your savings in your new home, there is no room for error. Research your builder inside out. Check for their previous projects, if possible go take a look at them as well. This will give you an idea of the quality of construction maintained by the builder. Scams are everywhere. Doing proper homework will keep you safe and invest your hard-earned money in the right place.
VERTEX HOMES carries a legacy of 26 years building homes and communities inspired by urban living. It is one of the most renowned names in Hyderabad’s real estate industry, known for creating the best possible living experience for its customers.
We make it a point to have clear documentation of the property with all necessary government approvals so that our customers have hassle-free and smooth transactions.
We offer premium living spaces in prime locations of the city such as Kukatpally, Gachibowli, Hydernagar, etc. If you wish to know more about any of these projects, kindly contact us on the below-mentioned details.
Call: 9608 300 300