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Essential Things to Know Before Investing in a Luxury Apartment

The moment reasonable and mid-segment group housing market was observing a descending trend among 2011 and 2013, lavish realty was moving on a speedy lane. India witnessed Rs. 10,000 crore worth of premium houses launched across the country in 2012-13. More, prior to investing, one must understand the calculation of Carpet Area, built-up area and super built-up area. Carpet area is the area that comes up within the walls of the apartment, built-up area is an addition of carpet area and area occupied by the walls, super built-up area is a sum of carpet area, built-up area and common areas while ensuring that the apartment has sufficient carpet area. However, there are some more specific aspects that need to be checked.

Is the property away from any dispute – Most of the times luxury projects are caught by arguments. At times, there are there are delays in projects. You must check if the builder has given all the necessary approvals before going for an agreement. Further, you must check if the building plan is made as per the local authority. There should not be any conflict in construction plan according to government.

In House Facilities- You need to check the sufficient storage area and appropriate sizesof bedrooms and dining area. Having a double ceiling apartment would be most suitable if it is on top floor. Quality of sanitary and wooden work in doors and windows matters a lot.

Architectural Intensity- It is quite obvious that developers give high-end quality in luxury apartments. Go for a reputed builder. You will deserve pleasant sight that will allow you enjoy the beauty of nature. You will have lovely outdoor space, park, swimming pool. Interiors of apartments should allow sunlight to enter in home recently.

This post first appeared on Faridabad Property, please read the originial post: here

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Essential Things to Know Before Investing in a Luxury Apartment


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