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#198/6, BSR Arcade
Gandhi Bazaar Main Road,
Next to Adyar Anand Bhavan,
Basavangudi,
Bangalore : 560 004
Karnataka, India

TEL : 91-08-42421019
MOBILE : 9742814697 / 9019112051
EMAIL : info@magnumdevelopers.com

Tips for buying apartment

By - Magnum

The demand for property is rising day- by-day. Buying an apartment from reputed dealer or developer offers you or its residents the convenience of lifestyle facilities like a club-house, swimming pool, gymnasium etc. Buying property is the decision of a lifetime and you need to be equipped with the right know how. It's important to learn of the origin of the property, continuous flow of the title and present status of the property before buying the property. Buying a property for self occupation or investment is perhaps one of the biggest investments made by a person during his lifetime. A landmark decision like purchasing property need a well thought out. Tips for Buying an Apartment A lot of care is needed while buying new flat to avoid legal hassles. If proper planning is not done prior to property buying, your property can turn into a nightmare. A well thought out helps you to avoid future problems and buying an apartment that meets your requirement. Following tips helps you to buy an apartment or property. Define your requirement: This is first and important thing you need to consider for buying an apartment or property. Requirement of home buyers differ from one buyer to another depending on their lifestyle, family size, preference, usage etc. Defining your preference or requirement helps to save time on unyielding and time consuming deals for inappropriate properties. It will also help your real estate agent to come up with the right property faster. You will have to focus on factors like financing, real estate service providers, paperwork involved and other legal and regulatory issues. Legal aspects of property: Once your requirement is defined and you found right property, check the legal aspect of the property. Be sure that the developer has acquired approvals and No-Objection-Certificate (NOC) from the Municipal Corporation, Area Development Authorities, Electricity Boards, Water Supply & Sewage Boards and concerned authorities. Ensure that the developer